Two stocks on the market’s ‘naughty list’ could be set for a 2022 comeback, traders say

Two stocks on the market’s ‘naughty list’ could be set for a 2022 comeback, traders say

The stock market is tracking for another year of double-digit percentage gains, but some players have not joined in on the fun. , , and are among the stocks that have been relegated to Santa's 'naughty list,' not just sitting out the rally but also posting steep losses for the year. CNBC's " " asked two of its traders which of the most beaten-down stocks could be setting up to rebound in the new year. Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments, highlighted payments company , the company formerly known as Square. Shares have tumbled 23% this year. "This is a company that is in the perfect space for disruption, but they seem to have faced a number of hurdles this year, not just recent regulatory concerns about 'Buy Now, Pay Later,' but there were worries about slowdowns in payments and as fiscal 'stimmy' checks began to fade," Tengler said on Thursday. The tailwinds for 2022 are now piling up, she says. An e-commerce partnership with TikTok and its acquisition of 'Buy Now, Pay Later' company Afterpay are two reasons to be bullish, according to Tengler. Joule Financial president Quint Tatro instead is focusing on casino