Despite the recent spike in viral infections, economists continue to expect 3.7% annualized growth in the first half of 2022. According to the OECD Economic Outlook, the overall growth rate for 2022 is expected to be around 4.5 percent before slowing down in 2023. According to Morgan Stanley, the monetary policy will be tightened in 2022, but not enough to discourage investment. A strong economic outlook for the year is expected to be bolstered by improved supply chains and other normalizing factors. Economic growth in the United States and China is expected to reach 3.8 percent and 5.5 percent, respectively, over the next few years.
Here is Insider Monkey’s list of the 10 stocks that analysts are recommending for 2022. Clean energy equipment and electric vehicles are manufactured and sold by Tesla, Inc. Analysts expect the electric vehicle manufacturer to make more than $80 billion in revenue in 2015. The stock has a $1,580 price target from New Street analyst Pierre Ferragu, who rates it as a Buy. An electrical components manufacturer called Littelfuse, Inc. is on the market. A Baird analyst has predicted that the company’s shares will rise in value by 2022. The stock is expected to benefit from the growing demand for electric vehicles, smartphones, and other electronic devices. Water and related services are provided by American Water Works Company, Inc. Based on John Staszak, an Argus analyst, the company can expect to see an increase in revenue from rate increases and cost reduction efforts in 2022. Oshkosh is a manufacturer and marketer of specialty vehicles. The US Army recently awarded the company a $591 million contract. Oshkosh’s products could see an increase in demand if the US government increases infrastructure spending in 2022. One of the largest real estate investment trusts is Prologis, Inc. Big online retailers like Amazon have a lot to gain from the macro trends that favor the real estate sector in 2022. For more details, click 10 Stocks That Analysts Are Recommending For 2022.
