top of page

Tuning and Tech Discussion

Public·16 members
Liam Brown
Liam Brown

American Stocks To Buy



The year 2022 was a lousy one for the stock market. Even after factoring in dividends, the S&P 500 fell 19.4% in those 12 months, while the tech-heavy Nasdaq composite took a 33.1% haircut. The catalysts behind Wall Street's sell-off are all too familiar: Inflation, soaring interest rates, persistent recession fears and the Russia-Ukraine war snowballed into an avalanche of worries that investors couldn't ignore, and many previously high-flying stocks took a beating as the "risk off" mindset came to dominate markets. This, thankfully, provided a window of opportunity for investors to snap up great companies at a discount entering the new year.




american stocks to buy



Before each new year, U.S. News selects 10 stocks to buy for the year ahead. Here's a rundown of the 10 best stocks to buy for 2023 and how each has fared thus far based on total returns, which include dividends:


First up is Apple, the largest publicly traded company in the world, if you exclude government-backed behemoths such as oil giant Saudi Aramco. Like other tech stocks, AAPL shares had a rough go of it in 2022, as recession fears and soaring interest rates spooked investors in the sector. Following a rare 26.4% pullback in 2022, Apple now trades at 26 times earnings, offering investors a sound entry point into the $2.5 trillion iPhone maker. Although its most recent earnings report technically missed expectations, that was more due to supply chain snarls than demand issues. In fact, Apple reported an active-installed base of more than 2 billion devices, and revenue in its high-margin services segment surpassed $20 billion. AAPL stock is bouncing back from its 2022 woes, with shares up 22.5% in 2023 through March 23.


Taiwan Semiconductor Manufacturing, a $500 billion business and the dominant high-level foundry for advanced chips, is next on the list. In the semiconductor industry, foundries are companies that manufacture chips for other companies, and TSM enjoys a massive market share for chips 7 nanometers and under. Apple, which has started to shift its supply chain away from China, is one of TSM's biggest customers. The company reported fourth-quarter results that beat both top- and bottom-line expectations, with revenue jumping 43% and earnings per share surging 78%. Trading at just 14 times earnings and paying a 2% dividend, TSM is, incidentally, yet another Buffett holding, and its shares have been crushing it in early 2023, posting gains of 27.7% through March 23. TSM is the best-performing stock among the best stocks to buy so far in 2023.


Braskem, like most Brazilian stocks, is not for the faint of heart. The stock has lost about a quarter of its value this year. But that setback was after a more than 300% surge in the preceding year-and-a-half.


The best long-term stocks are growing businesses that deliver steady returns. To find them, you need to understand the metrics that provide solid evidence of dependable long-term performance. Things like regularly outperforming the S&P 500, and avoiding the big drops (and gains) that high-flying stocks tend to see over the short term.


Elevance stocks has outpaced the S&P 500 by 10% per year over the last five years. The stock rose in 2022 when most stocks, and the S&P 500, lost more than 20%. Currently ELV is 14% below its 52-week high.


This methodology aims to identify companies with a demonstrated ability to sustain growth in revenue and earnings in the past and into the future. Filtering out stocks with big price drops helps by adding price stability to the mix.


While each of these stocks adhere to these criteria now, they may not meet them in the future. That said, stocks that meet most of these criteria today tend to outperform the S&P 500 over the longer run.


Please note that the stocks above were selected by an experienced financial analyst, but they may not be right for your portfolio. Before you decide to purchase any of these stocks, do plenty of research to ensure they are aligned with your financial goals and risk tolerance.


Cory has been a professional trader since 2005, and holds a Chartered Market Technician (CMT) designation. He has been widely published, writing for Technical Analysis of Stock & Commodities magazine, Investopedia, Benzinga, and others. He runs TradeThatSwing.com, has authored several trading courses and books, coaches individual clients, and regularly trades stocks, currencies, and ETFs.


"@context": " ", "@type": "Article", "mainEntityOfPage": "@type": "WebPage", "@id": " -stocks-to-buy/" , "headline": "Top 10 Best Stocks To Buy Now [UPDATED December 2022]", "description": "Whether you are looking for stocks to buy and hold or sell, FortuneBuilders has compiled a list of the best stocks to buy in December 2022.", "image": [ " -content/uploads/2022/03/best-stocks-to-buy.jpg", " -content/uploads/2021/06/top-10-stocks-to-buy-right-now.jpeg", " -content/uploads/2021/06/top-10-best-stocks-to-buy-now.jpeg" ], "author": "@type": "Person", "name": "Than Merrill", "url": " " , "publisher": "@type": "Organization", "name": "FortuneBuilders", "logo": "@type": "ImageObject", "url": " " , "datePublished": "2022-11-21", "dateModified": "2022-12-01"