2 FAANG Stocks to Buy Hand Over Fist in 2023 and 1 to Avoid Like the Plague
From time to time, Wall Street sends investors a not-so-subtle reminder that while the stock market tends to move higher over long periods, it doesn't take a straight-line path. Last year, all three major U.S. stock indexes were thrust into a bear market, with the widely followed S&P 500 and tech-driven Nasdaq Composite ending the year down 19% and 33%, respectively.
Historically, when the going gets rough for Wall Street, investors turn their attention to tried-and-true industry leaders, such as the FAANG stocks. When I say "FAANG," I'm referring to:
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Source Fool.com