Stocks to Watch 2022
24.12.2021
Walt Disney got hit hard by the Covid-19 pandemic in 2020 and the recovery of the company has been slower than expected during 2021. Most of its theme parks were closed at some point in the last two years, which was a crushing blow to a segment that generated $26 billion in revenue and $6.7 billion in operating income in 2019.
The Covid-19 pandemic could have easily been Disney's undoing but they had a Plan B.
The company launched its streaming platform Disney+ that became an instant hit and sent Disney shares sharply higher in 2020. However, DIS slipped in 2021 and are off about 25% from their 52-week highs due to slower-than-expected growth. But with Covid-19 mass vaccination, things are looking better for Disney. Its last quarterly report showed that the segment that includes theme parks nearly doubled its revenue to $5.45 billion from $2.73 billion the same quarter last year. Disney’s streaming platform reached 118 million subscribers. That's 45 million more than it had at the same time in 2020. All this shows that 2022 could be a good year for Walt Disney.
A Chinese crackdown on big tech companies has weighed on shares of Alibaba. China made a record $2.75 billion fine to the company after an anti-monopoly probe last spring. The company stocks lost more than 60% between their October 2020 peak and late 2021.
However, some of the biggest experts in the market, such as GoodHaven Capital Management portfolio manager Larry Pitkowsky, bought shares in 2021 with expectations that BABA might be among the best stocks to buy for 2022.
Alibaba is the leading e-commerce company in China. Its growth might not be so big at the moment, but shares are cheap and trade at 19 times earnings estimates for 2022, which makes it the perfect stock to buy for the year to come.
If you are looking for stocks to invest you might consider Starbucks, Uber or Bank of America.
Starbucks is one of the world's best-run companies, growing steadily with 33,000 outlets worldwide. According to Wall Street experts, Uber stocks could trade at $64 over the next 12 months reaching a 65% rise of current prices. Bank of America could be among the best stocks to buy for 2022 given the potential for interest rates to rise. BAC, which trades at less than 14 times next year's earnings estimates despite a 46% rally in 2021, looks especially good.
The Covid-19 pandemic could have easily been Disney's undoing but they had a Plan B.
The company launched its streaming platform Disney+ that became an instant hit and sent Disney shares sharply higher in 2020. However, DIS slipped in 2021 and are off about 25% from their 52-week highs due to slower-than-expected growth. But with Covid-19 mass vaccination, things are looking better for Disney. Its last quarterly report showed that the segment that includes theme parks nearly doubled its revenue to $5.45 billion from $2.73 billion the same quarter last year. Disney’s streaming platform reached 118 million subscribers. That's 45 million more than it had at the same time in 2020. All this shows that 2022 could be a good year for Walt Disney.
A Chinese crackdown on big tech companies has weighed on shares of Alibaba. China made a record $2.75 billion fine to the company after an anti-monopoly probe last spring. The company stocks lost more than 60% between their October 2020 peak and late 2021.
However, some of the biggest experts in the market, such as GoodHaven Capital Management portfolio manager Larry Pitkowsky, bought shares in 2021 with expectations that BABA might be among the best stocks to buy for 2022.
Alibaba is the leading e-commerce company in China. Its growth might not be so big at the moment, but shares are cheap and trade at 19 times earnings estimates for 2022, which makes it the perfect stock to buy for the year to come.
If you are looking for stocks to invest you might consider Starbucks, Uber or Bank of America.
Starbucks is one of the world's best-run companies, growing steadily with 33,000 outlets worldwide. According to Wall Street experts, Uber stocks could trade at $64 over the next 12 months reaching a 65% rise of current prices. Bank of America could be among the best stocks to buy for 2022 given the potential for interest rates to rise. BAC, which trades at less than 14 times next year's earnings estimates despite a 46% rally in 2021, looks especially good.
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