Customers arrive at an Outback Steakhouse restaurant on November 02, 2021 in Skokie, Illinois.

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The past year has been about the drive toward “normalization,” thanks to higher interest rates, lower price-to-earnings ratios and the impact of rising inflation on profit, according to Raymond James.

That trend should continue in 2022, the firm said in a recent note in which it highlighted several stocks its analysts think have “interesting” setups for the next 12 months.


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