Picking market-beating stocks in a volatile economic environment is no easy feat, especially as some economists are calling for a deep recession next year. In an uncertain environment, though, it's always smart to look for stocks with sustainable competitive advantages, attractive valuations, and the means to outperform in an economic downturn.

One overlooked stock with those qualities that comes to mind is Airbnb (NASDAQ: ABNB), and it's my highest-conviction stock to buy going into 2023.

Image source: Airbnb.

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Source Fool.com