Jim Cramer’s 2022 outlook for the S&P 500’s 10 biggest losers in 2021

CNBC’s Jim Cramer on Monday offered his 2022 outlook for the 10 worst-performing stocks in the S&P 500 last year, when the broad equity index advanced nearly 27%.

The “Mad Money” host also shared his expectations for the S&P 500’s biggest winners on Monday’s show.

“The worst performers in the S&P last year look like they’re going to keep underperforming in 2022 unless we get some major sea-changes and I just don’t see that happening” in the near or medium term, Cramer said.

1. Penn National Gaming

2. Global Payments

3. Las Vegas Sands

4. Activision Blizzard


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5. MarketAxess Holdings

6. Viatris

7. Citrix Systems

8. Wynn Resorts

A pedestrian with an umbrella walks in front of the Wynn Palace casino resort, operated by Wynn Resorts Ltd., in Macau, China, Jan. 31, 2018.

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Cramer said his outlook on Wynn Resorts is similar to that of Las Vegas Sands. He noted that while he owns Wynn Resorts in his charitable trust, his favorable view on the stock has been wrong to date. Cramer said he thinks Wynn Resorts, which fell about 25% in 2021, could be “stuck in a rut” until the Covid pandemic subsides.

9. IPG Photonics

10. Fidelity National