2 Unstoppable Stocks That Could Make You Richer in 2023 and Beyond
It's a safe bet that a sizable percentage of investors are in the red for the year. Even those who have managed to beat the market are unlikely to have recorded the kinds of returns they hope for in the long run. But that's OK. At some point, the market will bottom out, and a bull run will start.
No one can say whether that will happen next year, but even if it doesn't, there are plenty of companies that can deliver excellent returns despite heightened market volatility and a struggling economy. Let's consider two examples: Eli Lilly (NYSE: LLY) and Visa (NYSE: V). Both stocks have outperformed the market this year, and there's good reason to believe both can continue doing it year after year.
Pharma giant Eli Lilly has been flying high all year despite its financial results not being particularly impressive. The company's coronavirus-related sales dropped this year after regulators in the U.S. restricted the use of its COVID-19 therapies. Eli Lilly is also facing patent cliffs and pricing challenges within its insulin business, all of which are affecting revenue growth for some essential products.
Source Fool.com
