Investors Gave These Stocks a Thumbs Down Last Year. Here's Why They Could Win a Thumbs Up in 2023.
A lot of top companies had one big thing in common last year: terrible stock performance. Many industry leaders saw their stock prices sink by double digits. In some cases, investors fled a particular stock because of its sensitivity to the economy. That was the case for Nike (NYSE: NKE).
In other cases, the companies struggled for company-specific reasons -- and investors didn't want to stick around for more losses. That was the story at Walt Disney (NYSE: DIS) and Teladoc Health (NYSE: TDOC).
Investors gave Nike, Disney, and Teladoc the thumbs down in 2022. But 2023 could be different for these down-on-their luck companies. They may even win a thumbs up from investors this time around. Why? Let's find out.
Source Fool.com
