BZFD - 2 Hot Stocks That Have Already More Than Doubled in 2023
Just one month into the new year, there are already plenty of stocks that have more than doubled. You won't recognize most of the dozens of names on that list. Many of them are obscure micro-cap stocks, and most of them are simply recovering after being decimated in 2022.
Some of the names you might know are Carvana (NYSE: CVNA) and BuzzFeed (NASDAQ: BZFD) . Let's take a closer look at these two speculative names that hit the ground running in 2023.
Whether you're talking about stock prices or car racing, starting lines matter. Carvana has more than doubled this year, but largely because it cratered in 2022 on fears about the company's financial troubles .
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2 Hot Stocks That Have Already More Than Doubled in 2023