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Dow Jones Bear Market: The Smartest Investors Are Buying These Beaten Down Stocks


Smart investors are often willing to go against the crowd or even go where there isn't even a crowd at all. That's pretty much the thinking behind looking at stocks like GE HealthCare Technologies (NASDAQ: GEHC), United Parcel Service (NYSE: UPS), and Apple (NASDAQ: AAPL). Here's why all three are worth a close look by insightful investors. 

The recent spinoff from General Electric (NYSE: GE) doesn't have broad-based analyst coverage yet, but that shouldn't stop savvy investors from looking. The company has already preannounced its fourth-quarter earnings (due for release on Jan. 30), and they look good. 

For example, management expects 5% to 7% organic growth in 2023 alongside profit margin expansion and 85% free-cash-flow (FCF) conversion from net income. Meanwhile, fourth-quarter organic revenue growth was a whopping 12%, with earnings above prior guidance. 

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Source Fool.com

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