- PayPal offers a 30%+ forecasted annualized return, while Visa and Mastercard are also attractive, having been flattish year-to-date.
- Charter's Q4 2021 results demonstrated the earnings algorithm in U.S. Cable is still intact, and we expect an annualised return of 32%.
- Meta stock is down 37% year-to-date, more than pricing in low forecasts; Alphabet is down 7%, despite multiple growth engines.
- Tobacco stocks have been resilient as expected, except Swedish Match, which has been weak despite key U.S. market share gains in Q4.
- Zoetis has been upgraded to Buy after its shares fell 22% from their peak. Structural growth in its pet business should drive a 12% EPS CAGR.
For further details see:
Librarian Capital's Monthly Top Buys And Price Moves - March 2022