The recent spread of the Omicron variant of COVID-19 has slowed the economic recovery from the pandemic, which was otherwise booming. A 4.4 percent growth rate is still expected for advanced economies in 2022, despite the expected 3.2 percent contraction in 2020. Disney and Exxon Mobil are two of the best cyclical stocks to buy right now. Government stimulus programs and low-interest rates are expected to change in the coming months, increasing interest in cyclical plays such as this one.
Here is Insider Monkey’s list of the top 10 cyclical stocks to buy now. Polaris Inc. is a manufacturer and marketer of powersports vehicles. The RV Industry Association recently conducted a survey, and the stock has risen as a result. As of this year, there were 61 million Americans who planned to take an RV-related trip in 2022. Burger King and Tim Hortons are owned and operated by Restaurant Brands International Inc. Evercore ISI raised its price target for the stock from $72 to $75 and changed its rating from In Line to Outperform. An estimated $10 billion is the market value of the well-known sandwich chain. As a result of its recession-resistant business model, General Mills, Inc. According to analysts, Xerox is likely to outperform the S&P 500 in the months ahead. Costs associated with rising inflation have been passed on to customers, while operational costs have been reduced. The rise of the new variant has not had a negative impact on airline traffic, according to the TSA. As travel activity returns to pre-virus levels, analysts expect Southwest Airlines Co. to rise in 2022. Airline operators and manufacturers were represented in the US Global Jets ETF, which rose sharply in December. With 9.6 million shares worth over $1.8 billion, the Bill & Melinda Gates Foundation Trust is a major shareholder in Caterpillar Inc. Long-term catalysts like infrastructure spending and China’s looser monetary policy have been supported by the trust in the past. For more details, click Top 10 Cyclical Stocks To Buy Now.
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