In this article, we will study on how to select stocks to buy for long term in 2023. As we are at end of year 2022, markets has given negative return in 2022 ( as on 21 November 2022 ), Nasdaq is down by 29.7% , S&P 500 is down by 15.23 % where as Dow Jones is down by 5.26%.
Since first quarter of 2022, inflation started increasing, thereafter in quarter two Russia Ukraine war. War further pushed inflation towards north. In order to control inflation Federal Reserve increased rate aggressively that resulted into correction into the market and pushed U.S economy to recession.
In stock market these periods are the period to buy the good stocks, as they are available on discount. History has shown the investors who has been buying good stocks in this fear / selling market has made lot of dollars on long term.
To invest for long term we need to identify the good stocks. After these types of correction there may be new themes with will work. In order to find which stocks will show runup. The concept we follow is identify the NEED, EVENTS and then companies those will provide the SOLUTIONS for the need. For example 10 years back the need of EV was identified. As a result we can see almost 12500% growth TESLA showed in last 10 years.
What will be the need which will dominate coming 10 years. What our study and research show is, it will be Geo medical, and solution providers AI, machine learning technology stocks and preparedness for web 3.0.
Best 5 stocks to invest for 2033
- Apple Inc.
- Amazon.
- Google.
- Microsoft.
- Meta Platform Inc.
Disclaimer : This article is for education purpose only. We do not recommend to buy these stocks. Any recommendation of stocks is opinion of author. All readers are advised to make investment with there own independent and complete research.
