The S&P 500 is wrapping up its worst first half in generations, but Wall Street believes some stocks may still make a comeback in late 2022. Stocks have had a volatile start to the year as a combination of rising inflation and a bullish Federal Reserve prompted investors to abandon equities. The broad market index is down 20% from its highest level this year, and the up and down moves continued this week as investors prepared to close the books at the end of the quarter. Still, some stocks in the S&P 500 could be ready to rebound. According to data from FactSet, CNBC Pro Screen boasts the highest buy ratings among companies that have at least four analysts covering them. These stocks are up more than 20% based on Wall Street’s 12-month consensus targets. Their earnings are also expected to increase by more than 10%, according to the 2022 earnings per share growth estimate. Here are the top S&P 500 picks for the second half: The No. 1 stock pick recommended by 100% of the analysts covering it is Signature Bank. Shares of the New York Commercial Bank are down about 45% this year, especially due to exposure to cryptocurrencies. Still, analysts at Wells Fargo said last week that they remain “highly constructive” on the stock, which they believe will boost adoption of the digital asset. Signature Bank shares are up around 82% based on a 12-month price target. Backup power generator company Generac is another Wall Street favorite. Shares are down 39% in 2022, according to a note from Wells Fargo on Wednesday, but the stock could be “playing on the increased volatility of the grid” and extreme weather. The investment bank believes that Generac could generate about $500 million in incremental revenue whenever a major storm hits the US, and estimates that there are about two each year. According to estimates by 17 analysts, Genrac could rise 81 per cent on its 12-month target price. Microsoft should be ready to return to the previous section. Despite the slowdown this year, the Windows and Xbox maker has up more than 30% based on its consensus target price. Citi analysts recently named Microsoft a top pick, believing that the tech stock is now oversold. About 80% of analysts covering the stock consider it a buy. Other stocks on this list include: ServiceNow, News Corporation, Assurant, Micron Technology, Schlumberger NV, Intuit and Howmet Aerospace.