Inflation over the past two years went through the roof. Together with that is the rise in GDP, interest rates, oil prices, wage growth, and more.
This is where the neglected stocks come to play. The effect of the aforementioned causes had a 23% implied upside on some names in the market.
We'll take a look at some of the neglected stocks you should look out for in 2022.
Neglected Stocks You Should Look Out For In 2022
1. Walt Disney Company (DIS)
Theme parks have been mostly closed to the public for the last 2 years and with the world coming back to its normal form with people fearing less of the virus, the reopening exposure is looking to be a positive outcome for this company.
2. NRG Energy Inc. (NRG)
NRG Energy has been underperforming in the past years. However, even with disappointing numbers, the stocks of NRG are slowly battling their way to the top.
In the latest reports, NRG stayed just $3.73 below its 52-week high of $46.70 and has been seeing nothing but gains in the past consecutive days.
3. BorgWarner Inc. (BWA)
The stocks of BorgWarner Inc. are on the move and have been outperforming the market in the past few days. It saw a growth of 1.65% to $44.34 the week after Christmas and has all positive signs in the trading market.
Experts see the growth of BWA to continue in the past years and something that should be kept an eye on.
4. Welltower Inc. (WELL)
Welltower Inc. is impressing traders with a rise of 1.51% to $84.04 the first Monday after Christmas as it is expected to rise continuously over the next few months. These numbers proved to be great as it outperformed its competitors by a great margin.
5. Mondelez International Inc. (MDLZ)
Although Mondelez International Inc. hasn't been performing great in the market the past few weeks, it is expected to rise and soar in the next year as it remains the number one in biscuits and chocolate sales.
The company is taking care of its costs and inefficiencies by extracting them as they increase its margins.
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6. Eastman Chemical Company (EMN)
Even though Eastman Chemical Company is underperforming in the market, it remains to be the top company in the chemical industry with a score of 75 and is proving how it can rise and perform well in the next year.
Overall, EMN rose to 14.16% this year and is scored 75% better than the market.
7. F5 Inc. (FFIV)
F5 Inc. is tagged as a strong pick as it has outperformed the market the past few months. Just this year, it gained 33.48% with Wall Street analysts tagging it as a Buy.
The computer and technology sector is expected to rise furthermore in the next few months as more and more people are turning to technologies and computers for their business and their everyday use.
8. Exxon Mobil Corporation (XOM)
Oil and gas companies are here to stay and would perform well and drop throughout the years.
However, its Baytown refinery caught fire on Dec. 23 hurting their numbers and the refinery shut down. But it's business as usual and things are projected to keep things in full swing in the coming months.
9. Wells Fargo & Company (WFC)
The banking industry is one of the industries directly affected by the pandemic in terms of manpower. Wells Fargo and other banks like Bank of America closed a lot of their branches temporarily because of restrictions.
However, reports suggest that the possibility of correction is on the rise and should expect a huge rise in the coming months.
10. CVS Health Corporation (CVS)
In line with the shift to digital transactions, CVS Health Corporation is expected to close over 900 stores as they are switching to digital strategies in the months to come.
Online transactions offer convenience and ease and could open a lot more deals and customers in the years to come.
The market is looking to be a more volatile year in 2022 according to experts and watching out for these neglected stocks can make a huge difference in the coming year.
Do you have other companies in mind that you think will rise come 2022? Let us know in the comment section below.
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