Good riddance, 2022. Tuesday officially marked the start of a new year on Wall Street, and while there is no guarantee 2023 will be a great one for stocks, for now it’s nice to turn the page on the worst year since 2008 . After recently highlighting Club holdings that analysts tapped as their top picks for 2023, we wanted to take the Street’s temperature on our stocks in a different way. So, we screened our portfolio to find the holdings that are rated buy or overweight by at least 75% of relevant analysts, and also have a 15% upside to those analysts’ average price target based on where the stock closed on the final trading day of 2022. These are the 10 stocks that match our specific criteria, according to data from FactSet, in order from the highest-to-lowest percentage of buy or overweight ratings: Amazon (AMZN) Alphabet (GOOGL) Microsoft (MSFT) Halliburton (HAL) Walt Disney (DIS) Humana (HUM) Wells Fargo (WFC) Salesforce (CRM) Constellation Brands (STZ) Advanced Micro Devices (AMD) Amazon Percentage of analysts with a buy/overweight rating: 92% Upside to average price target: 60.9% Analysts expect Amazon to bounce back in a big way after shares tumbled nearly 50% last year. We’ve continued to stay invested in the ecommerce and cloud-computing giant, but have been clear about what we need to see from management in the coming months — namely, more robust discipline on costs. That’s key for Amazon shares to make a meaningful move higher in the face of growing recession fears. Alphabet Percentage of analysts with a buy/overweight rating: 92% Upside to average price target: 40.1% Like with Amazon, the Street continues to stand with Google parent Alphabet, despite a 39.1% decline in its share price in 2022. Similar to Amazon, we want to see Alphabet rationalize its hiring and spending because its main source of revenue — advertising — remains pressured by mounting economic headwinds. Microsoft Percentage of analysts with a buy/overweight rating: 92% Upside to average price target: 22.2% Microsoft — the third mega-cap tech stock to make the list — is also well-liked by analysts following a year in which shares tumbled nearly 29%. Microsoft is one of the best-run companies out there, which allows us to see through any near-term macroeconomic challenges and focus on its long-term growth prospects, particularly in enterprise cloud computing. We may be looking to book some profits if the stock climbs toward the $300 level, after ending 2022 around $240 per share. Halliburton Percentage of analysts with a buy/overweight rating: 86% Upside to average price target: 16.8% Halliburton was a big winner last year, climbing 72% in 2022, and the vast majority of analysts who cover the company believe it can go even higher, even if gains are more muted this year. While day-to-day oil price fluctuations may at times test our conviction in our energy investments — West Texas Intermediate crude closed down more than 3.7% Tuesday — Halliburton’s…
Read More: Wall Street expects robust gains for these 10 Club stocks in 2023