SIX - 3 Stocks Down 33% to 54% From Their 52-Week Highs That Could Soar in 2023
The market downturn has been brutal, but the good news is that the sell-off is starting to turn up some interesting investment opportunities.
Three Motley Fool contributors recently picked Airbnb (NASDAQ: ABNB) , Williams-Sonoma (NYSE: WSM) , and Six Flags Entertainment (NYSE: SIX) as three undervalued stocks that are due for a rebound. Here's why 2023 could be a better year for these forgotten gems.
Jennifer Saibil (Airbnb): Airbnb has quickly transitioned from an unprofitable growth stock to a profitable powerhouse travel leader. After posting soaring, triple-digit growth as travel began to reopen in later phases of the pandemic, it's now slowed down to double-digit growth, along with strong profits.
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3 Stocks Down 33% to 54% From Their 52-Week Highs That Could Soar in 2023