After a dazzling 2021, Apple and Tesla stocks are expected to be duds in 2022 A report from Goldman Sachs shows how much of investors’ money is concentrated in only five high-flying stocks. And a screen of the biggest contributors to this year’s excellent performance for the S&P 500 index highlights two that are expected not to perform well in 2022: Apple and Tesla.
Just five stocks — Microsoft Corp. MSFT, Alphabet Inc. GOOGL, Apple Inc. AAPL, Nvidia Corp. NVDA and Tesla Inc. TSLA — contributed over a third of the S&P 500 Index’s SPX 26% total return for 2021 through Dec. 9, according to analysts at Goldman. And from the end of April through Dec. 9, they contributed 51% of the index’s 13% return.
Moreover, only 25 stocks accounted for 58% of the index’s gains, including reinvested dividends, through Dec. 9, Goldman said. Its list of those stocks is below, along with screens of Wall Street analysts’ expectations for the group as we look ahead to 2022 and 2023.
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