Wall Street’s favorite stocks are among the biggest losers of 2022
Starting with the full S&P 500, 52 stocks were down at least 20% for 2022 through March 30. Among those 52, here are the 10 with majority “buy” ratings among analysts surveyed by FactSet, with the most upside potential for the next 12 months implied by consensus price targets:

Company Ticker Price change – 2022 Price change – 2021 Share “buy” ratings Closing price – March 30 Consensus price target Implied 12-month upside potential
Bath & Body Works Inc. BBWI -28% 132% 90% $49.90 $83.00 66%
General Motors Co. GM -23% 41% 78% $45.22 $72.55 60%
Etsy Inc. ETSY -39% 23% 65% $134.56 $207.00 54%
PayPal Holdings Inc. PYPL -37% -19% 76% $118.49 $181.65 53%
D.R. Horton Inc. DHI -27% 57% 81% $78.89 $116.88 48%
EPAM Systems Inc. EPAM -56% 87% 63% $293.00 $433.31 48%
Synchrony Financial SYF -23% 34% 68% $35.73 $51.68 45%
Fortune Brands Home & Security Inc. FBHS -27% 25% 58% $77.71 $112.38 45%
Align Technology Inc. ALGN -33% 23% 87% $442.17 $634.00 43%
Western Digital Corp. WDC -22% 18% 63% $50.62 $72.00 42%
Source: FactSet
Click on the tickers for more about each company. Click here for Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

Bath & Body Works Inc. BBWI tops the list with 12-month upside potential of 66%, based on the consensus price target, and the company also has the highest percentage of “buy” ratings. The company has become more of a pure-play, following the spinoff of Victoria’s Secret in August.

Source https://www.marketwatch.com/story/these-10-stocks-have-fallen-at-least-20-this-year-but-are-expected-to-soar-up-to-66-from-here-11648739788

By block head

Block Head is a blockchain journalist.