The #1 stock picks for 2022

Hamish Carlisle shares his stock pick for the year in Livewire’s 2022 Outlook Series. The following piece was produced and published by Livewire on Friday, 7 January 2022.

Well, folks, it’s the moment you’ve been waiting for. We’ve scoured Australia for the country’s finest fund managers, who in this video, will share their highest-conviction call for the year ahead. And this year, we’ve pulled out the big guns.

For the first time, we’ve headed down to Melbourne to speak to top-performing fundies like global growth stock picker Nick Griffin and Aussie value investor Richard Ivers. And, of course, we sat down with some of Sydney’s best portfolio managers as well (including the top-performing stock pickers from 2021).

A quick look at previous year’s picks shows our fundies’ favourite stocks reward close attention. In 2021, our 10 fundies picks delivered a total return of 45.14% (when viewed as an equal-weighted portfolio), beating the S&P/ASX All Ordinaries and MSCI World Index’s returns of 10.93% and 18.43% respectively year to date.

We know, we know – 2021 was a good year. However, during tumultuous 2020, our fundies picks managed to generate a return of 13.88%, beating the benchmark by a whopping 10.26%.

Meantime, in 2019, our fundies selections roared to deliver a total return of 59% (an outperformance of 35.86%).

So sit back, relax and watch the video below for 18 stock picks for the year ahead.

Hamish Carlisle’s stock pick for 2022

I think QBE looks fabulous. The company is leveraged to higher interest rates globally, which fits into this inflation thematic as it plays out. And the pricing cycle in insurance markets is stronger than it’s been probably since the World Trade Centre attacks more than 20 years ago. It has a very good operating backdrop and is highly leveraged, from a financial perspective, to tighter monetary conditions and inflation.

Selby: Well, you’re really insuring your bet for 2022.