These S&P 500 stocks are expected to post the biggest gains in the new year

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Investors ready to bid good riddance to 2022 have several good opportunities for the year ahead.

Investors ready to bid good riddance to 2022 have several good opportunities for the year ahead, according to Wall Street analysts. The S & P 500 is down more than 19% this year, on pace for its worst year since 2008. For December, the index is down 5.7%, which would be its biggest one-month decline since September. While there's still time for stocks to turn around for the month, hopes for an end-of-year "Santa Claus rally" have fizzled out.

Pro screened for stocks poised to gain the most in the coming year, using data from FactSet. Each of the 15 stocks below has at least about 50% upside to the average analyst price target. Here the list: Dish Network and Warner Bros. Discovery each have more than 100% potential upside, according to the target calculated by FactSet. Morgan Stanley recently said Dish is perhaps the "biggest opportunity" for incremental return on investment.

's Michael Bloom contributed reporting.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Private Banking 101 Pricing Privacy Preferential Treatment Alternative Investments Exclusive Concierge Service WeAimHigher.

South Africa South Africa Latest News, South Africa South Africa Headlines