ADSK - 3 Stocks Primed to Break Out in 2023
Some years, the market might seem more predictable. Other years, it's anyone's guess. It feels like 2023 falls in the latter camp as it could easily be a continuation of 2022 or perhaps it might be the start of a new bull market. Regardless of what the market does, there are a few stocks that I think will break out from the pack next year.
Among them are Adobe (NASDAQ: ADBE) , Autodesk (NASDAQ: ADSK) , and Procore Technologies (NYSE: PCOR) . This trio is a mixture of mature and emerging companies, but all have performed well in 2022, at least from a business standpoint. Here's why I think 2023 could be a breakout year.
Adobe's creative tools are used by numerous businesses globally, and students are educated at all levels on how to use them. However, in today's age of collaboration, Adobe's products lack a true cloud collaborative presence that lets multiple users work on the same project at once.
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3 Stocks Primed to Break Out in 2023