Many central banks including the Federal Reserve and ECB have shifted to hawkish monetary policy to fight inflation. History, however, suggests that adopting a tighter monetary strategy doesn’t necessarily have to spell doom for the stock market. In fact, in the recent weeks, the market has shown signs of recovery recently. Stocks within this list are viewed by experts to have potential to soar after a broader economic recovery. This list’s performance is calculated on an equally weighted method.
This list has performed -4.43% over the past year. By comparison, NASDAQ Singapore SGD Index is 1.73% over the same period. The beta of this list, which is a measure of volatility, is Moderately High at 1.11. List Beta is calculated using an equally weighted average beta of the securities within this list. This list includes 22.22% of Industrials stocks, 22.22% of Financials stocks, 22.22% of Consumer Cyclicals stocks, 11.11% of Healthcare stocks, 11.11% of Technology stocks, 11.11% of Consumer Non-Cyclicals stocks.
List performance is calculated using an equal-weight methodology. This list is generated by scanning the web and using our algorithms to surface potentially relevant securities to the topic. The list is intended to be educational and includes securities that may be suitable for a watchlist. It is not intended for investment or trading purposes. Microsoft does not recommend using the data and information provided as the basis for making any investment decision.
ALASKA AIR GROUP, INC.
ALK. Alaska Air Group, Inc. is engaged in operating airlines. The Company operates two airlines, Alaska and Horizon. The Company also includes McGee Air Services, an aviation services provider. The Company operates through three segments: Mainline, Regional and Horizon. The Mainline segment includes scheduled air transportation on Alaska’s Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, Costa Rica, and Belize. The Regional segment includes Horizon’s and other third-party carriers scheduled air transportation for passengers across a shorter distance network within the United States and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. Its Mainline operations include Boeing 737 (B737) and Airbus A320 family (A320 and A321neo) jet service offered by Alaska. Its Regional operations consist primarily of flights operated by Horizon and SkyWest.
Alaska Air Group Inc. is +4.80% over the past month and -15.44% over the past year, outperforming the NASDAQ Singapore SGD Index by +6.32% over the past month and -17.17% over the past year.
BANK OF AMERICA CORPORATION
BAC. Bank of America Corporation is a bank holding company (BHC) and a financial holding company. The Company’s segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 in total investable assets, including solutions to meet client’s needs through a set of investment management, brokerage, banking, and retirement products. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
Bank of America Corp. is +4.25% over the past month and -27.48% over the past year, outperforming the NASDAQ Singapore SGD Index by +5.77% over the past month and -29.21% over the past year.
JPMORGAN CHASE & CO.
JPM. JPMorgan Chase & Co. is a financial holding company engaged in investment banking, financial services and asset management. It operates in four segments, as well as a Corporate segment. The Company’s segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines, online, mobile and telephone banking. The Corporate & Investment Bank segment, comprising Banking and Markets and Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities. The Commercial Banking segment provides financial solutions, including lending, treasury services, investment banking and asset management. The Asset Management segment comprises investment and wealth management.
JPMorgan Chase & Co. is +1.75% over the past month and -9.57% over the past year, outperforming the NASDAQ Singapore SGD Index by +3.28% over the past month and -11.29% over the past year.
MERCK & CO., INC.
MRK. Merck & Co., Inc. is a global health care company. The Company offers health solutions through its prescription medicines, vaccines, biologic therapies and animal health products. It operates through two segments: Pharmaceutical and Animal Health. The Company’s Pharmaceutical segment includes human health pharmaceutical and vaccine products. Its human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. The Company sells these human health pharmaceutical products primarily to drug wholesalers and retailers, hospitals, government agencies and managed health care providers such as health maintenance organizations. The Animal Health segment develops, manufactures and markets a range of veterinary pharmaceutical and vaccine products, as well as health management solutions and services, for the prevention, treatment and control of disease in all livestock and companion animal species.
Merck & Co Inc. is -2.03% over the past month and +41.80% over the past year, underperforming the NASDAQ Singapore SGD Index by -0.51% over the past month and +40.07% over the past year.
DELTA AIR LINES, INC.
DAL. Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the globe. The Company’s segments include Airline and Refinery. The Company has hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle and Seoul-Incheon. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary airline services. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery’s production consists of jet fuel, as well as non-jet fuel products. It also maintains complementary portfolio businesses, such as its cargo business and its Maintenance, Repair and Overhaul (MRO) operation.
Delta Air Lines Inc. is +0.18% over the past month and -13.08% over the past year, outperforming the NASDAQ Singapore SGD Index by +1.71% over the past month and -14.80% over the past year.