To pick 2023’s winners, look to 2022’s losers

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A good place to look for stocks that may be market beaters this year is a list of stocks that lost the most last year.

That’s because such stocks typically bounce back in a big way. But it will take courage to even consider buying them: The 10% of stocks within the S&P 1500 with the worst 2022 performance lost an average of 62.6%–more than three times the 19.1% loss for the index itself.

It…

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Image and article originally from www.marketwatch.com. Read the original article here.

By admin