The S&P 500 is down more than 20% year to date and on track for one of the worst yearly performances in the index’s long history. While it’s not easy putting money into the markets when sentiment is so negative, there are still cheap stocks that Wall Street analysts love.
For those who aren’t backing down from Mr. Market, though, I’m looking at stocks that have solid balance sheets, are making good money and have strong analyst support.
You’ll notice that there are some familiar names on the list, as well as some lesser-known businesses. All seven of them have a shot at redemption in 2023.
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