Librarian Capital's Monthly Top Buys And Price Moves - January 2022

(Preview) Portfolio Strategy

Summary

• Tobacco stocks remain strong buys after the defeat of the U.S. "nicotine tax" proposal and a reassuring update from British American Tobacco.

• In Payment, Mastercard and Visa each rebounded by more than 10%; U.S. holiday retail sales were strong and credit cards kept growing.

• U.S. Cable stocks fell after outlooks were cut again in early December, but recovered by month-end. We like Charter and Comcast.

• Industrial stocks like Kone, Otis, and Raytheon offer solid returns with little technology and regulatory risk. Fears on Omicron are receding.

• Zoetis shares gained another 10% in December, which we believe further limits future investor returns.

Introduction

In this monthly newsletter, we try to identify the most attractive opportunities in our research coverage by reviewing price moves and key news by sector.

December 2021 saw a significant rebound in equity markets, and nearly all the stocks (38 out of 43) in our coverage achieved gains. While this means none of the companies have beco…