2 Stocks I Bought For 2023 (and Beyond)
It was painful to be a net buyer of stocks in 2022. With the Nasdaq Composite falling 33% in the year, it might have seemed like every time you bought a stock, it fell 20%, 30%, or more in the following weeks. Still, tumultuous periods like this are often the best time to be investing. For reference, if you invested $10,000 in the Nasdaq Composite at the beginning of 2009, you would have over $65,300 today -- even after the drop in 2022.
I haven't let 2022 discourage me from continuing to add to my favorite companies, and it shouldn't stop you either. Here are two of my favorite that I recently bought to hold in 2023 and beyond and why you might want to do the same.
Shares of Datadog (NASDAQ: DDOG) got crushed in 2022, falling nearly 59%. As Datadog is a tech stock that provides performance monitoring tools and security software, it got lumped into the broader tech stock category, and nearly all companies in this industry plunged last year.
Source Fool.com
