2 Monster Stocks to Buy for 2023 That Are Practically Minting Money
The end of the year is swiftly approaching, and now is a great time to think about your investment goals for 2023. While a recession could potentially dampen your optimism for portfolio growth next year, a few companies have recently beaten market expectations despite a stock market sell-off, and could continue to win next year.
Advanced Micro Devices (NASDAQ: AMD) and Apple (NASDAQ: AAPL) defied market declines in the last month and could provide investors with significant gains in 2023.
The PC market was hit particularly hard in 2022, with worldwide shipments declining by 19.5% in the third quarter, according to Gartner. As a leader in PC components, AMD has seen its stock fall 49% year to date because of market declines. However, investors have grown bullish in the last month, pumping up the stock by 24% since Oct. 13.
Source Fool.com
