The best news for communications stock investors in 2022: That year is finally over.
Market at large Reduced by almost 20% In the value of the year, its Such a poor performance since the global financial crisis 2008.
No help came from the worst-performing communications services sector among the 11 S&P 500 sectors — decreases by more than 40% As a team from start to finish on a disastrous journey.
The Overweight Communications Services Sector SPDR Fund (XLC) refused Just 38.2% in 2022.
Meanwhile, more than a dozen large-cap stocks in communications in 2022 were hit first by the war in Ukraine and ongoing supply chain concerns, as well as macroeconomic pressures that threaten a healthy ad-sales environment. and reduced industrial sentiment.
The worst-off lost a full three-quarters of their rating. snap (NYSE:SNAP) launched as a $75B-plus company in 2022, but after equity A shocking 81% drop In that year, it was not worth $15B, leaving it out of the top thousand companies worldwide. This is the sector’s biggest loss in 2022.
Almost as bad are two digital entertainment companies that made their names in video gaming. Sea Limited (NYSE:SE) is the sector’s second-worst major performance in 2022 Flexible 77%And it was closely followed by Roblox (RBLX), A 72% drop.
The names of many key contacts are set to make that Top Losers list, but have somewhat mitigated the damage along the way. However, among the leading companies with the biggest declines in 2022, who experienced value loss: MetaPlatforms (Meta) -64.2% for the year; Warner Bros. Discovery (WBD) -59.7%; Netflix (NFLX) -51.7%; Charter Communications (CHTR) -48%; Paramount Global (Para) -44.1%; Walt Disney (DIS) -43.9%; Take-Two Interactive Software (TTWO) -41.4%; and characters: (Google) -39.1%(GOOG) -38.7%.
Six out of five communications services companies were the only major players in the sector to turn a profit in 2022. Rare breakthrough led by Tencent Music Entertainment (Tencent Music Entertainment)NYSE:TME), up to 20.9% This year after a run in the final six weeks Kicked off by strong third-quarter earnings.
T-Mobile (Nasdaq:TMUS) is almost the best of the big names, An increase of 20.7% Annually fixed increments are given It consistently hits profits in its earnings reportsSome wireless is driven by industry-leading subscriber growth (even if revenues don’t match hard comparisons in late 2021).
Activision Blizzard (ATVI) definitely joined the top three in January 2022 Action: Stock 26% increase On January 18 Microsoft (MSFT) was Pursues $69B Acquisition The company, and the Federal Trade Commission began trying to hold on to that gain Build a legal case against the takeover.
The year is over Up to 15% From 2021 (see its 2022 chart and major launch competitors EA And TTWO And the S&P 500 here)
Six large-cap communications services stocks to profit by 2022 and larger ($10B market cap or more):
- Tencent Music Entertainment (TME), +20.9%;
- T-Mobile (TMUS), +20.7%;
- Activision Blizzard (ATVI), +15.1%;
- Liberty Braves Series C (BATRK), +14.7%;
- Liberty Braves Series A (Patra), +13.6%.
- Omnicom (OMC), +11.3%.
The five worst performers for large-cap communication services stocks and large ($10B market cap or more) for 2022: