Smart investors are often willing to go against the crowd or even go where there isn't even a crowd at all. That's pretty much the thinking behind looking at stocks like GE HealthCare Technologies (NASDAQ: GEHC) , United Parcel Service (NYSE: UPS) , and Apple (NASDAQ: AAPL) . Here's why all three are worth a close look by insightful investors.
The recent spinoff from General Electric (NYSE: GE) doesn't have broad-based analyst coverage yet, but that shouldn't stop savvy investors from looking. The company has already preannounced its fourth-quarter earnings (due for release on Jan. 30), and they look good.
For example, management expects 5% to 7% organic growth in 2023 alongside profit margin expansion and 85% free-cash-flow (FCF) conversion from net income. Meanwhile, fourth-quarter organic revenue growth was a whopping 12%, with earnings above prior guidance.
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