22 High-conviction Pro Stock Picks for 2022?

In late 2021, Kiplinger “used TipRanks data to unveil the crème de la crème, as viewed by Wall Street’s analyst community. Each stock currently earns a consensus Strong Buy rating based on opinions from analysts surveyed by TipRanks. Here are 22 of the pros’ highest-conviction stocks to invest in for 2022. As of today, these stocks are expected to produce upside of between 10% and 82% over the next 12 months – handily more than consensus S&P 500 projections.” In December 2021, Kiplinger published the list of these 22 stocks in “The Pros’ Picks: 22 Top Stocks to Invest In for 2022”:

The Charles Schwab Corporation (SCHW)
Applied Materials, Inc. (AMAT)
The Coca-Cola Company (KO)
Lowe’s Companies, Inc. (LOW)
Johnson & Johnson (JNJ)
Altria Group, Inc. (MO)
Chevron Corporation (CVX)
Alphabet Inc. (GOOG)
Laboratory Corporation of America Holdings (LH)
DuPont de Nemours, Inc. (DD)
Analog Devices, Inc. (ADI)
Suncor Energy Inc. (SU)
General Motors Company (GM)
Salesforce, Inc. (CRM)
The Beauty Health Company (SKIN)
RH (RH)
Twilio Inc. (TWLO)
JD.com, Inc. (JD)
Zynga Inc Cl A (ZNGA)
Fisker Inc. (FSR)
Sonos, Inc. (SONO)
Under Armour, Inc. (UA)

How did these picks perform? To check, we collect end-of-2021 and end-of-2022 dividend-adjusted prices for the 22 picks (except for Zynga, for which we use the price when the firm became private in May 2022) 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:

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