Investors and financial institutions are now hailing the year 2022 as a watershed moment in the recovery process. As the effects of the pandemic wear off, the economy will return to normal. One such commentator is Morgan Stanley, as demonstrated by their 2022 forecast report. Reflationary conditions, as predicted by Morgan Stanley, will prevail in financial and economic markets in 2021, resulting in higher economic growth and inflation. Investing in “technology takers,” or companies that have the ability to increase technology adoption, was a recommendation from the bank. These companies include the likes of the Capital One Financial Corporation.
Here is Insider Monkey’s list of Morgan Stanley’s Top 10 stock picks for 2022. Innovator and manufacturer of electric off-road vehicles, Rivian Automotive, Inc. Our customers can choose from a variety of five-passenger pickups and sport utility vehicles. They ranked it second on their list of 2022’s best electric vehicle stock picks by Morgan Stanley analysts. A battery cell manufacturer in Norway, FREYR Battery focuses on environmentally friendly, long-lasting batteries. According to Morgan Stanley, the third-best electric vehicle stock to own in 2022 is the one held by the company. After six months, it has gained 12.7 percent. For 2022, the Adam Jonas-led team has ranked Ferrari N.V. as their top pick for electric vehicle stocks. The third-quarter earnings per share of the company came in at $1.29, which was $0.13 above analysts’ expectations. There are four divisions within Northrop Grumman Corporation: Aeronautics Systems; Defense System; Mission System; and Space System. In December 2021, Morgan Stanley dubbed the company the “preferred Defense prime” for investors. Security and aerospace company Lockheed Martin Corporation is engaged in the research, design, development and manufacture of technology systems and products as well as their integration and sustainment. One of the best stocks to buy in 2022, according to Morgan Stanley. For more details, click Morgan Stanley’s Top 10 Stock Picks For 2022.