Bear Market Bargain Hunting: 3 Top Stocks to Buy Before 2023
The countdown has begun. Not the countdown to 2023. Instead, the countdown to recovery for so many top companies hurt by the bear market. Three good examples are Teladoc Health (NYSE: TDOC), Nike (NYSE: NKE), and Crispr Therapeutics (NASDAQ: CRSP). Of course, we don't know exactly when their stock performance will take off. But we do know these players have what it takes to drive share gains over time.
Why buy these players before 2023? They're trading at bargain prices. And catalysts for growth lie ahead. So now, as you prepare your portfolio for next year, is a great time to pick up these top stocks.
Two billion-dollar noncash goodwill impairment charges hurt Teladoc's earnings this year -- and investor sentiment. These indicated Teladoc paid too much for its acquisition of chronic care specialist Livongo back in 2020. And they brought Teladoc further from the goal of profitability.
Source Fool.com