Ann’s Annual Stock Picks – Business NC 2022

Ann’s Annual Stock Picks – Business NC 2022

ann's annual stock picks - business nc 2023

Stock pros share favorite picks for ‘22

By David Mildenberg  Posted 01/01/2022  In January 2022 for Business North Carolina

“Stop holding your breath; Here they are, the recommendations for best stocks to own in 2022 in Business North Carolina’s annual stock-picking contest. In early December, four experienced North Carolina investment professionals shared their best ideas for three stocks that are either based in the state or have major operations here. Our editor offered three ideas just for fun — but please don’t listen to him.

The pros made their picks in late November, offering a mix of well-known, blue-chip stocks and a few middle-market companies involved in basic industries including construction (Insteel) and packaging (Glatfelter).

Ann Zuraw selected three smaller-cap companies that underperformed last year including Raleigh-based Bandwidth, which cratered more than 50% despite rapid revenue growth. The communications software company is expanding quickly, but investors worry about losses spurred by its aggressive strategy.

Unlike previous years, no stock was picked by more than one adviser. Last year. three folks selected Raleigh-based Vontier, which declined slightly through the 12 months ending Dec. 10. The S&P 500 Index gained 28% in the same period.”

To read the full article, click here.


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