As of yesterday’s close, the S&P 500 had tumbled more than 25% in 2022. This year will be one of the worst for the S&P ever. While it’s not easy putting money into the markets when investors’ sentiment is so negative, there are still many cheap stocks that analysts love.
For those who aren’t running away from the market, however, I’m looking at the stocks of companies that have solid balance sheets, are very profitable, and have received average ratings of “overweight” or “buy” from analysts.
You’ll notice that some very familiar names and a number of lesser-known companies are included in my list. All seven of them can make big comebacks in 2023.
This post originally appeared at InvestorPlace.