2 Unparalleled Growth Stocks to Buy and Hold No Matter What the Market Does in 2023
Investors have been hearing talk of a potential recession for nearly a year now. While the global economy still faces an array of challenges that present hurdles for companies across virtually every industry, certain companies continue to prove their resilience.
Two such resilient companies are Apple and Chewy, and their shares make excellent buy-and-hold investments now, regardless of whether another bear market appears on the horizon in 2023.
(NASDAQ: AAPL) maintained its dominant position in the world of consumer tech through a fair number of economic cycles. While smartphones remain its top source of revenue and profits, it has consistently demonstrated that the versatility of its business model can lend it resilience in a wide range of market environments. Even though shifting consumer spending patterns have resulted in decelerating growth on its top and bottom lines, Apple still has a rock-solid balance sheet.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 153 Buy predictions and 17 Sell predictions.
As a result the target price of 227 € shows a slightly positive potential of 13.05% compared to the current price of 200.8 € for Apple Inc..
