2 Stocks That Could Double in 2023
2022 was a rough year for investors, especially in the tech sector with the Nasdaq finishing the year down 33%.
However, the good news is that the sharp sell-offs and beaten-down valuations in a number of stocks have set up investors for a strong recovery when market sentiment shifts. Many growth stocks, in particular, look well priced considering their long-term potential. While it's rare for a stock to double in just one year, two could do so in 2023.
Shares of Roku (NASDAQ: ROKU), the leading streaming distribution platform, crashed last year, falling 82% as ad growth ground to a halt and the company posted wide losses after ramping up investments in the business.
Source Fool.com
