Markets Have Best Week Since 2020; Beaten Down Sectors Lead The Way Higher

March 18, 2022

In this strategy briefing…

Stocks had their best week of the year so far and staged impressive gains. The breadth of the rally this week was impressive. The S&P 500 and Nasdaq posted gains for four days in a ... – The Wall Street DebriefRead more
Institutional equity investors have positioned for a recession…which means? It is an understatement to say equities have been treacherous so far in 2022. It has been a cascade of scary developments from: runaway inflation fearsFed becoming ... – Tom Lee's Equity StrategyRead more
Below we've highlighted stocks that we recommend across at least two of our investment strategies for 2022. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are ... – Granny ShotsRead more

FS Insight Investment Views

Near Term View: Markets had their best week in nearly a year. There were solid gains all week as the Fed lifted rates by 25 bps. The Nasdaq had four 1% plus days. Uncertainty is still at high levels, and we think choppiness could still occur in the short-term.
‘22 Target: 5,100 (YE P/E 20.5x · 2023 EPS $250)
Style: Granny shots
Focus Stock Ideas: CSCO, AAPL, GRMN, GOOG, MSFT, AAP, TSLA, NVDA, AMZN, AMD, CMI, MPC, OM, PSX, ATVI, USB CF, XOM, CB, GL, VRSN, WRB, CVX, QRVO, MNST, PG, DVN, PCAR, ORLY, KLAC, BF-B, AXP, PYPL
Disclosures (show)