3 Stocks That Could Soar in 2023
The past year was a good reminder that investors always have to be prepared for anything in the markets. While the stock market is one of the greatest wealth-building machines ever created, periods of over exuberance are often followed by market corrections, where stock prices must wait for actual business value to catch up before a new bull market can start again.
As we look ahead to a new year, some beaten-down stocks are due for a rebound. Here's why three Motley Fool contributors believe the time is right to bet on Wayfair (NYSE: W), Smith & Wesson Brands (NASDAQ: SWBI), and Nike (NYSE: NKE).
Jennifer Saibil (Wayfair): Wayfair was on top of the world when the pandemic started and people bought home furnishings online in droves. Now it's on the other side of that, and it's not looking good.
Source Fool.com
