With the exception of the energy sector, there weren't too many bright spots last year. Each of the three major U.S. stock indexes plummeted into a bear market, with the growth-focused Nasdaq Composite -- the index responsible for lifting the stock market to new highs in 2021 -- taking it on the chin with a loss of 33%.

However, big declines can sometimes lead to big opportunities for patient investors. With growth stocks getting absolutely clobbered in 2022, there is no shortage of potential turnaround candidates in the new year. Based on price targets from a select group of Wall Street analysts, the following three turnaround stocks offer upside potential ranging from 148% to 195% in 2023.

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Source Fool.com