2 Unstoppable Stocks With Multi-Bagger Potential to Buy in 2023
The stock market gave investors their fair share of up and downs in early 2023, and no one can say for sure whether choppy or smooth waters may lie ahead in the months to come. Even so, truly wonderful companies with businesses on solid growth trajectories and the competitive advantages to drive future growth can help investors get through these periods and come out on the other side.
Investors who hold onto these types of companies through the years, amid both the worst and best days of the market, can yield market-beating returns over the long-term. Here are two such stocks to consider adding to your buy basket that could be potential multi-baggers over the next five to 10 years.
Upstart (NASDAQ: UPST) is facing imminent challenges due to the difficult macro environment, but that doesn't mean these headwinds negate the underlying power of its platform or its long-term potential. The company's business model revolves around a very simple mission: to leverage the power of artificial intelligence to broaden consumer access to credit -- especially for those who have been left out of the lending markets in the past -- while appropriately and correctly managing risk, as well as streamlining the lending process for the institutional partners that fund these loans.
Source Fool.com
