Amid macroeconomic headwinds in 2022, stocks across multiple industries fell out of favor, with companies active in tech and entertainment hit especially hard. However, it's always best to invest in a stock based on a company's long-term prospects, since holding over many years can safeguard your investment against temporary downturns.

Advanced Micro Devices (NASDAQ: AMD), Warner Bros. Discovery (NASDAQ: WBD), and Take-Two Interactive Software (NASDAQ: TTWO) suffered stock declines between 41% and 62% throughout 2022. However, lucrative ventures and coming developments make these companies' stocks no-brainer buys right now. Let's assess.

AMD is best known to consumers for its graphics processing units (GPUs) and processors (CPUs), which have soared in popularity over the last decade as more and more gamers have opted to build custom PCs to play the newest titles at higher settings than are possible on consoles. However, last year's economic downturn led to steep declines in the PC market, with worldwide shipments for GPUs falling 42% throughout 2022 and AMD's stock falling 55% in the same period.

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Source Fool.com