Believe it or not, but most financial institutions have an unlimited amount of money to throw at analysts…
So when Citibank came out with a list of what stocks to long and short in 2022, you bet I tuned in.
I like this study because it uses several metrics like funamdenals, hedge fund activity, 13F filings (which I also use), short interest and analyst ratings… I mean, it looks like they threw the whole kitchen sink into this report!
So I thought I’d do something slightly different and show you how Citigroup’s list of stocks to long and short in 2022 compares to mine… Because if we both like them, then chances are they’re great picks.
What Stocks to Long and Short in 2022
Now, Citigroup’s analysis method doesn’t use as much algorithmic trading as mine does… It tends to use more fundamentals and things like that.
So my techniques allow us to go a bit more in-depth.
But it’s still interesting to compare and see what stocks Citigroup likes or doesn’t like versus my list of stocks to long and short in 2022.
I mean, out of its 10 “buys,” I only agree on three of them.
And when I looked at its short list, or stocks traders want to avoid, sell short or liquidate, I was only able to find three that I agreed with there as well.
For example, Citigroup had Nike Inc. (NYSE: NKE) on its short list.
If I were to trade NKE right now, I personally would not want to sell the stock short… I just don’t think that’s the best idea at the moment.
It also had QUALCOMM Inc. (Nasdaq: QCOM) on its short list… another stock I wouldn’t want to short right now.
But I don’t want to overwhelm you guys here with a bunch of random tickers…
So check out my short video below and I’ll go through what I believe are some of the best stocks to long and short in 2022 from Citigroup’s latest report.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. The 11 S&P 500 sectors rotate in and out of favor depending on where we are in the economic cycle…
Years ago, I discovered a secret trading technique that’s put me in the best position to succeed no matter what sectors are thriving or underperforming…
And I want to share it with everyone in an educational training session — along with my No. 1 sector play!
Not only do I plan on teaching everyone how the economy and markets rotate… but also how, with this trading technique, I’ve been able to outperform the S&P 500 by 13 times since October 2021… And why I believe we will continue to succeed in the new year.