3 of the Fastest-Growing Stocks on the Planet in 2023
There's little doubt that 2022 was a trying year for the vast majority of the investing community. All three major U.S. stock indexes fell into a bear market, with the broad-based S&P 500 delivering its worst return since 2008.
But growth stocks were hit hardest. Companies with premium valuations tend to fall victim to skepticism during a bear market as more traditional fundamental metrics come into focus. It's why the Nasdaq Composite lost a third of its value last year.
Despite this turmoil, some growth stocks are expected to deliver phenomenal sales growth in 2023 -- even as their share prices come under pressure. What follows are three of the fastest-growing stocks on the planet in 2023.
Source Fool.com
