2 stock market analysts recommend investing in


The stock market quickly corrected in the first half of 2022. This created opportunities for investors to capitalize on the fall and invest in stocks trading at prices significantly lower than a year ago.

While stocks look attractive due to the recent drop, it is difficult to pick the right stocks and take a buy call, especially as the market remains volatile and the economic trajectory remains uncertain. So, for answers, let’s turn to the TipRanks Top Analyst Stocks tool. This tool identifies the stocks that top performing analysts on Wall Street recommend the most. Taking advantage of this tool, let’s zoom in on two stocks in which analysts recommend investing.

Due to the sale of major growth and technology stocks, Microsoft is down around 22% in 2022. Additionally, shutdowns in China, unfavorable currency movements and geopolitical headwinds remain a drag.

Amid the challenges, Microsoft continues to deliver outstanding financial results despite tough year-over-year comparisons. Azure’s strength and strong bookings are positives.

With the company’s continued momentum, Microsoft Chief Financial Officer Amy Hood expects to end Fiscal 22 with strong revenue growth, higher operating margins and share gains. market.

Additionally, for FY23, Hood expects MSFT to continue to deliver double-digit revenue and operating income growth.

Management’s optimistic outlook is positive. Meanwhile, Wall Street analysts also remain bullish on MSFT’s outlook. Jefferies Brent Thill is one of the analysts recommending a buy on MSFT shares. Thill considers MSFT to be “the safest large-cap investment option”.

The analyst expects MSFT to continue to return capital to its shareholders through its diversified business, multiple growth drivers, favorable secular trends and strong revenue and earnings growth.

Including Thill, MSFT stock received 26 buy recommendations. Meanwhile, an analyst suggests a suspension.

Overall, MSFT stock has a consensus Strong Buy rating on TipRanks. Additionally, Microsoft’s average price target of $352.57 implies an upside potential of 35.8%.

Aspen Aerogels offers airgel insulation products to EV (electric vehicle) manufacturers, energy infrastructure companies and building owners. While ASPN stock has fallen significantly (around 80% year-to-date) on macro concerns and fears of stock dilution, analysts are bullish on its outlook due to the significant growth opportunity arising from global megatrends such as the electrification of mobility.

Aspen recently raised its revenue outlook for 2022 due to strong demand. It now expects to generate revenue of between $180 million and $200 million, up from the previous guidance range of $145 million to $155 million.

General Motors Orders (NYSE: Chief Executive Officer) and Toyota (NYSE:MC) will significantly increase its thermal barrier revenue. In addition, the ASPN indicated that demand remains strong in the energy industrial segment.

Strong demand, investments in growth and improvements in productivity position it well to generate strong growth ahead. Additionally, ASPN is focused on expanding its manufacturing capacity to support its growth. However, the higher cost environment and supply constraints could put pressure on margins in the short term.

In response to the upward revision to its forecast update, B.Riley financial analyst Christopher Souther said that despite near-term pressure on margins, the outlook is positive and reflects strong demand. for his offers. Additionally, the analyst expects ASPN’s costs to moderate in the coming years.

Along with Souther, HC Wainwright analyst Amit Dayal is also bullish on APSN. Dayal expects ASPN to benefit from “the adoption of its thermal barrier”.

Thanks to strong demand, ASPN stock has a strong buy consensus rating, based on six unanimous buy recommendations. Additionally, Aspen’s average price target of $38 implies an upside potential of 274.4%.

Conclusion

Undoubtedly, macroeconomic concerns, supply constraints and uncertainty pose challenges. However, the buy recommendations from leading analysts on MSFT and ASPN stocks reflect the strength of their solid fundamentals, product demand and solid growth prospects.

Disclosure

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