5 Potentially Explosive Stocks to Buy in 2023
Sometimes, small, under-the-radar stocks are the ones to deliver explosive gains. That's because they often have a very low market value -- and a bit of good news easily sends them soaring. But these days, even some top stocks hold potential to skyrocket. Many well-known companies saw their share prices sink last year as the economy weakened.
Economic woes aren't over. But any signs of recovery or a bit of good news that may boost earnings could be enough to send certain struggling stocks considerably higher. After a tough 2022, investors may feel ready to look into the long term and bet on future winners. Let's check out five potentially explosive stocks to buy this year.
Amazon (NASDAQ: AMZN) shares sank 49% last year. And that's left the stock at its cheapest in relation to sales since 2015. Why is this a bargain? Because Amazon's long-term prospects remain bright.
Source Fool.com