2 Artificial Intelligence Stocks to Buy Hand Over Fist in 2023 and 1 to Avoid Like the Plague
With less than 72 hours to go before the clock strikes midnight and we welcome in a new year, it's safe to say that 2022 will be the worst year for Wall Street in more than a decade. All three of the major U.S. stock indexes plummeted into a bear market at some point during the year, with the growth-dependent Nasdaq Composite getting hit hardest, with a peak-to-trough decline of as much as 38% since November 2021.
While looking at potentially sizable unrealized losses is never fun, bull markets tend to last significantly longer than bear markets. Furthermore, every bear market throughout history has eventually been cleared away by a bull market. In other words, bear markets are a green light for investors with a long-term mindset to do some shopping.
Image source: Getty Images.
Source Fool.com