10 Great Stock Picks for 2022?

In late 2021, Forbes “queried Morningstar to identify some of the top-performing fund managers, all of whom consistently beat their benchmarks on a longer-term basis over either a three-year, five-year or ten-year period. Forbes spoke with five top portfolio managers overseeing nearly $25 billion in assets. Here are their best stock ideas for the coming year,” as published in December 2021 as “10 Great Stock Picks for 2022 from Top-Performing Fund Managers”:

ViacomCBS (VIAC)/Paramount (PARA)
Madison Square Garden Entertainment (MSGE)
Signature Bank (SBNY)
SiteOne Landscape Supply (SITE)
Snap (SNAP)
Affirm (AFRM)
Silvergate Capital (SI)
Snowflake (SNOW)
Paramount Resources (PRMRF)
Mirion Technologies (MIR)

How did these picks perform? To check, we collect end-of-2021 and end-of-2022 dividend-adjusted prices for the 10 picks and calculate the annual total return for each. We then compare the average of these returns to the annual total return for SPDR S&P 500 ETF Trust (SPY). Using the specified annual data for 2021 and 2022, we find that:

(more…)