Investors could do nothing but cheer their returns in 2021, as the S&P 500 shook off the effects of the coronavirus pandemic and returned over 26% to investors through Dec. 16, 2021.
Whether the same will be true in 2022, however, is still up in the air. So far, 2022 is looking like a “stock picker’s market,” meaning the broad averages may be lackluster but there will still be pockets of opportunities.
Tesla (TSLA)Tesla has continued to outperform expectations for years now, following up its extraordinary 700% gain in 2020 with a 31% YTD gain in 2021 (as of Dec. 16). As of June 20, 2022, the stock has gone down 46% compared to last year.
Atlassian (TEAM)Atlassian is the Australian-based software company behind products such as Jira, Confluence, Bitbucket, Trello and OpsGenie.
Disney (DIS)Disney is a long-time Wall Street darling that has been nothing but disappointing to investors thus far in 2021. As of June 20, Disney stock is down about 40% YTD, while the broader markets are up about the same amount.
PayPal (PYPL)PayPal almost single-handedly changed the payment processing world, but it has had an absolutely dismal 2022.
DocuSign (DOCU)DocuSign rose to stratospheric levels in the early days of the pandemic as it seemed as if all business would be done remotely in perpetuity.
JPMorgan Chase (JPM)JPMorgan Chase may be favorably positioned for 2022. Banks traditionally perform better when long-term rates rise, as they’re able to lend money at higher rates while still paying lower short-term rates on deposit accounts.