Stocks that Analysts recommends have the Highest Positive correlation to the U.S. dollar.
The U.S. dollar recently achieved parity with the euro for the first time in 20 years. A strong dollar is good news for U.S. stocks that generate limited international revenue.
Darden Restaurants Inc. (DRI)-
Experts projects 33.8% revenue growth and 71.3% earnings growth for Darden in 2022.
Equity Residential is a real estate investment trust, or REIT.
Experts projects forward net operating income of $1.8 billion for Equity Residential.
Southwest Airlines is the 4th-largest U.S. airline by revenue. Analysts says airline revenue growth is accelerating heading into the second half of 2022.
Kroger is the largest U.S. conventional grocery retailer. Bank of America has a "buy" rating and $75 price target for KR stock, which closed at $46.28 on July 21.
Public Storage is a REIT that is the largest owner of self-storage facilities. BoA has a "buy" rating and $396 price target for PSA stock, which closed at $319.28 on July 21.
UDR is a residential apartment REIT that owns more than 57,000 U.S. apartment units. BoA has a "buy" rating and $56 fair value estimate for UDR stock, which closed at $45.69 on July 21.