Home / Leaders / 22 shares to watch in 2022

22 shares to watch in 2022


In the fifth and final part of 22 ASX shares for 2022, we’ll be taking a look at four companies with big growth prospects.

If you haven’t already, check out the release of Part 1Part 2Part 3 and Part 4.

1. Uniti Group Ltd (ASX: UWL)

  • In a market that is rewarding cash-generating businesses with long growth runways, look no further than Uniti.

    The business provides the internet infrastructure for new developments such as apartment complexes and greenfield housing.

    Uniti Group (ASX:UWL) is more than just a telco – here’s why

    Uniti’s order book shows a steady growth of 20 per cent a year for the next five years, which should support its profit and share price moving forward.

    Recently, management noted that the growth rate is tracking at or above current market expectations.

    This could lead to a meaningful uplift in the company’s valuation when it announces its half-year results in February.

    2. Alliance Aviation Services Ltd (ASX: AQZ)

    Airlines are typically a no-fly zone for investors. However, Alliance is the exception.

    Watchlist Wednesday: Alliance Aviation Services Ltd (ASX:AQZ)

    The business undertakes contract flights for business clients such as BHP and Santos, in addition to wet-lease flights (where the lessor provides not only the aircraft to the client, but the crew) for the likes of Qantas.

    Unlike traditional airlines, Alliance seldom takes on the risk of fuel costs or passenger numbers.

    Alliance recently bought 32 additional aircraft, which will increase flight hours three-fold over the next 18 months.

    Subsequently, revenue and profit should follow, leading to a meaningful uplift in its valuation.

    3. Temple & Webster Group Ltd (ASX: TPW)

    Online furniture retailer Temple & Webster last reported 56% year-on-year growth in its sales for FY22.

    This is on top of the 85% it recorded in FY21.

    If it keeps the same pace for the remainder of FY22, the business will have almost tripled sales over two years.

    Admittedly, growth will likely decelerate over the near term as shoppers return to physical stores.

    Watchlist Wednesday: Temple & Webster Group (ASX:TPW)

    But overall this is a long-term growth story with strong structural tailwinds.

    4. Fortescue Metals Group Limited (ASX: FMG)

    Fortescue Metals is revered for its iron one operations.

    But recently the market, rightly or wrongly, is rewarding the company’s potential green ambitions, much as it has done with Novonix Ltd (ASX: NVX) and Vulcan Energy Resources Ltd (ASX: VUL).

    As a result, the Fortescue share price has rallied 43% over the past three months.

    If you believe the business can execute on its green ambitions, Fortescue will be an ASX 20 company with a cash-cow in mining and a future growth engine in renewable energy.

    Information warning: The information in this article was published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

    Print Article

    Why bank analysts prefer this quality lender over the rest

    Morgans have released a summary of the key points from the recent bank reporting season. Of the banks that reported, Morgans says NAB was in line with consensus expectations, while ANZ and WBC beat consensus earnings expectations. Despite this, Morgans holds NAB as having the strongest 1H22 performance overall. NAB produced the strongest profit growth…

    Ishan Dan | 18th May 2022 | More
    Two of the most bullish bets on the ASX

    Markets around the world are still in freefall as losses mount as a result of investors moving out of risk partly due to inflation fears and supply chain disruptions partly due to the crisis in Ukraine and Covid lockdowns in China. The market is yet to become comfortable with the rate hike cycle that is…

    Ishan Dan | 18th May 2022 | More
    Top of the pops – top global funds had one thing in common

    March stands out as being one of the most difficult periods for investors in a generation. On the one hand, bond markets send fixed income to its worst return in more decades, and on the other, equity markets were sold off broadly on valuation concerns as bond yields ended a forty-year downward trend. It is…

    Drew Meredith | 18th May 2022 | More
    What does High Conviction mean?
    Ishan Dan | 10th Mar 2021 | More
    Inside CSL’s big end of year deal
    Lachlan Buur-Jensen | 15th Dec 2021 | More
    Battery materials in short supply but valuation is key
    Ishan Dan | 25th Mar 2022 | More
    Behind Brickworks’ (ASX:BKW) record profit
    Jaz Harrison | 25th Mar 2022 | More
    Is JB Hi-Fi the best retailer in Australia?
    Lachlan Buur-Jensen | 25th Mar 2022 | More
    Three ASX stocks ripe for a takeover
    Lachlan Buur-Jensen | 23rd Mar 2022 | More