Down Over 55% This Year, These 2 Stocks Are Smart Buys Before 2023
The stock market right now has more than its share of beaten-down companies of all sizes in all industries, but few have had as rough a 2022 as technology growth stocks.
After a lengthy bull run that saw stock prices skyrocket and company valuations get super inflated, the market is feeling a bit deflated -- at least for now. Nobody can say when, but investors can be confident that a bull run will eventually return (they always have in the past). When it does, you'll be happy you gave these two growth stocks a closer look before 2023 got underway.
Snowflake (NYSE: SNOW) is a data warehousing platform and analytics tool that allows customers to combine and analyze cloud data from Amazon, Alphabet's Google, Microsoft, and other companies' cloud services. It might sound relatively simple on the surface, but Snowflake's tools are powerful and manage complicated tasks to make life easier for many businesses dealing with cloud infrastructure.
Source Fool.com
