With 2022 still a few months away, many investors are looking to take advantage of stocks before the end of the year, while others are already looking ahead to next year. So which stocks to buy for 2023?
The year 2022 has been very particular because of all the geopolitical and economic factors in most of the world. Next year probably won’t be much different, so you need to be precise with your investments.
To clear the air and provide some guidance, we have prepared a list of what we believe will be the best stocks to invest in 2023.
Snowflake
We start by talking about Snowflake, which is undoubtedly one of the best stocks to invest in 2023. It is an American company that specialises in cloud-based data storage.
A few months ago it recorded the largest public stock sale for a software company and is part of a very promising industry.
Snowflake is listed on the New York Stock Exchange (NYSE) under the symbol SNOW. At the time of writing, its shares are worth US$145.38.
10X Genomics
Many experts consider 10X Genomics to be one of the best stocks to invest in 2023. Perhaps the sector in which it operates is not easy to assimilate, but it is an industry that points to the future.
It is a biotechnology company that is involved in the creation and development of “gene sequencing technology”.
10X Genomics shares are traded on the National Association of Securities Dealers Automated Quotation Quotation (NASDAQ). The company’s shares are currently trading at US$37.82 at the time of writing.
Notably, this company had profit and revenue improvements in Q3. They achieved figures above forecasts.
Trade Desk Inc.
Which stocks to buy for 2023? Another name that appears for the year ahead is Trade Desk Inc (TTD), an American company dedicated to developing technologies, services and services for marketing optimisation.
It may not have an easy path because it competes with giants such as Facebook Ads, Google, among others, but it is no secret that it is an industry that is growing very fast.
At the moment, the share price of Trade Desk Inc. is $47.51 US dollars. Its shares are traded on the National Association of Securities Dealers Automated Quotation Quotation (NASDAQ), you’ll find it under the symbol TTD.
Advanced Micro Devices
We end our list of the best investments for 2023 with Advanced Micro Devices, better known by its acronym AMD. One of the leading creators of microprocessors for computers.
This company has been posting very good numbers since 2021 and 2022 has been similar. With all the chips it is undoubtedly one of the companies to watch out for in 2023.
At the moment, Advanced Micro Devices’ share price is $68.47 US dollars.
Where to invest money without risk 2023?
Now that you know what some of the best stocks to invest in 2023 are, it’s time to talk about the sectors that, in theory, will serve as a 2023 investment fund forecast
- Communication, and marketing: this is no coincidence, everyone is looking for the best ways to connect with audiences, which means that this industry is constantly growing and innovating.
- Fintech: an extremely important sector because we are talking about technology applied to the financial world and the economy in general.
- Health: one might think that after the pandemic there would be a significant slowdown in the health industry, however, companies such as Pfizer are still at the forefront among the most important stocks.
This gives you a clear picture of where to invest in 2023, but of course a lot can change in the coming months. As always, it is advisable to employ an investment strategy and only invest in sectors or industries you are familiar with.
