If you’re new to the investing scene, now is the time to dip your toes in. These 10 stocks have been hand-picked by someone who has spent years researching the top investments for the upcoming year. Take a look at our writer’s picks for the 10 best stocks to buy in 2023.
Invest Before Everyone Else: 10 Best Stocks to Buy in 2023
With the stock market reaching new heights in recent years, many investors are wondering if now is an ideal time to get in on the action. For those who are looking to invest in the near future, 2023 may be the time to do it.
There are multiple factors that make 2023 an ideal time to invest. First, the economy is expected to rebound from the pandemic-induced recession of 2021. This will lead to increased consumer spending, which will benefit many industries.
Additionally, interest rates are expected to remain low, making it easier for companies to borrow money and invest in its growth.
So, what are the best stocks to buy in 2023? Here are 10 worth considering:
- Amazon (AMZN)
- Meta Platforms, Inc. (META)
- Alphabet (GOOGL)
- Apple (AAPL)
- Microsoft (MSFT)
- Salesforce (CRM)
- ServiceNow (NOW)
- DocuSign (DOCU)
- Pinterest (PINS)
- Shopify (SHOP)
These are just a few of the best stocks to buy in 2023. Remember, it’s important to do your own research before investing, and not to rely solely on the opinions of others. With investing in the stock market, there are some risks and there are no guarantees that any of the stocks on this list will outperform the market. However, if you are comfortable with the risks, these 10 stocks are worth considering for the coming year.
Best Cheap Stocks To Buy Now 2022
Investing in these five stocks now could be a great time to start putting your money to work for you in the stock market. It can sometimes be difficult to figure out which stocks are not only ideal long-term opportunities but also beginner-friendly and not too risky.
1. QIWI (NASDAQ: QIWI)
Qiwi plc, together with its subsidiaries, operates electronic online payment systems Internationally. Primarily in Russia, Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates. It operates through Payment Services, Consumer Financial Services in addition to Rocketbank segments. The company offers payment services across multiple online, mobile, and physical channels through a network of approximately 94,000 kiosks and 19,000 terminals that run its proprietary software.
2. Safe Bulkers (NYSE: SB)
Safe Bulkers, Inc, alongside its subsidiaries, provides marine dry bulk transportation services. It owns and operates dry bulk vessels for transporting bulk cargo primarily grain, coal, and iron ore. As of April 2022, the company had a fleet of 40 dry bulk vessels having an average age of 10.4 years, and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consists of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post-Panamax class vessels, and 6 Capesize class vessels.
3. Ferroglobe (NASDAQ: GSM)
Ferroglobe PLC does business in the silicon and specialty metals industry in the United States and Europe, as well as internationally. It provides silicone chemicals that are used in a wide range of applications, including personal care items, construction-related products, health care products, and electronics.
4. TeraWulf (NASDAQ: WULF)
TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company with headquarters in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites, one located in New York and another in Pennsylvania. TeraWulf Inc is based out of Easton, Maryland.
5. Chimerix (NYSE: CMRX)
Chimerix, Inc, a biopharmaceutical company, develops products to help bring comfort to the lives of patients living with serious illnesses. The company’s approved product is TEMBEXA (brincidofovir), a lipid conjugate through inhibition of viral DNA synthesis which is developed as a medical countermeasure for smallpox.
6 Top Safe Stocks to Buy In 2023
If you’re looking for safe stocks to buy in 2023, consider these six companies. Each of these stocks has a strong history of performance and is well-positioned to continue growing in the upcoming year.
1. Apple Inc. (AAPL)
Apple is one of the world’s largest and most recognizable companies. It is a leader in the tech industry, with a strong product lineup that includes the iPhone, iPad, and Mac computers. Apple has a history of strong financial performance, and is expected to continue growing in the coming years.
2. Amazon.com, Inc. (AMZN)
Amazon is the largest online retailer in the world. It is a leader in the e-commerce space, with a massive product catalog and convenient delivery options. Amazon has a strong track record of financial success, and is expected to continue growing in the coming years.
3. Google Inc. (GOOGL)
Google is one of the world’s largest and most popular Internet companies. It is a leader in the search engine and advertising markets, with products like Google Search and Google AdWords. Google has a history of strong financial performance, and is expected to continue growing in the coming years.
4. Johnson & Johnson (JNJ)
One of the world’s largest healthcare companies, Johnson & Johnson is a diversified powerhouse with a wide range of businesses, including pharmaceuticals, consumer health products, and medical devices. The company has a strong track record of delivering consistent earnings growth, and it looks well-positioned to continue doing so in the years ahead.
5. Walmart (WMT)
Walmart is the world’s largest retailer, with a massive global footprint and a diversified business mix that includes grocery, e-commerce, and retail operations. The company has been a reliable performer in recent years, with steady sales and earnings growth. And with its recent acquisition of Flipkart, Walmart looks poised to accelerate its growth in the e-commerce space.
6. Coca-Cola (KO)
Coca-Cola is one of the world’s most recognizable brands, with a strong presence in both developed and emerging markets. The company has a diversified portfolio of beverage products, including sparkling soft drinks, juices, and water. Coca-Cola has a long history of stable financial performance, and it looks poised to continue delivering shareholder value in the years ahead.
Conclusion
When is the best time to start investing in the Stock Market? If you have minimal or no debt and an emergency savings fund, the best time to start is now! It’s never too late to put your money to work for you, nor too early. Don’t let your money sit idle in a standard savings account. Inflation will eat it up. Instead, do your due diligence and start investing to get the most bang for your buck that will help lead you to a financially secure future.
