2 Smart Stocks to Buy In 2023 That Could Help You Retire Richer
Whether your retirement is decades away or much sooner, planning is everything. Both bull and bear markets can still supply investors with myriad compelling buying opportunities.
If you're investing according to your personal investing thesis and risk tolerance level, even a volatile market like investors are currently seeing shouldn't keep you on the sidelines. Here are two smart stocks to buy in 2023 that can deliver superior growth in the years ahead and help you retire richer.
Upstart (NASDAQ: UPST) has faced a lot of negative market sentiment of late. The broader volatility afflicting the economy and the continued high interest rate environment have not only affected borrower demand, but also creditworthy consumers as household debt increases and savings decline. Upstart's model operates using proprietary algorithms driven by artificial intelligence and machine learning. It uses this model to assess whether or not to approve loans, factoring in non-traditional elements like someone's education as opposed to primarily using their FICO score.
Source Fool.com
