Although 2022 ended on a sour note for the benchmark equities, the incredible volatility allows contrarians to consider the best stocks to invest in for big gains in the new year. To be clear, this narrative involves heavy risk. Each of the market ideas on this list carries the potential of delivering double-digit returns. However, taking potshots necessarily entails greater-than-average danger.
Still, what makes 2023 so compelling is that several enterprises feature extremely discounted prices. True, discounts alone don’t mean much because businesses can always slip even more. However, not all companies face the same fundamental factors. Certain entities or industries have become more relevant than others, leading to an interesting discussion regarding the best stocks to invest in for the next 12 months.
This post originally appeared at InvestorPlace.