It's the start of 2023, and we all have one big question: Which stocks will finish this year on top? Some of last year's winners could continue to perform well if there was a clear reason behind the momentum. But if we're looking for big potential for gains, we may actually turn to some of last year's market losers.
Of course, all of last year's underperformers won't automatically rebound. The top candidates for a rebound are those that either were unjustly dragged down by the bear market -- or those that offer a catalyst for gains this year. Let's check out three 2022 losers that each slid in the double digits -- but have what it takes to score a win in 2023.
Costco (NASDAQ: COST) has done a great job of managing two of the biggest problems facing retailers in recent times: supply chain challenges and higher inflation . The company limited the impact of these headwinds by leasing ships and containers. That way, Costco managed the timing and cost of its deliveries.
For further details see:These 2022 Stock Market Losers Could Be 2023 Winners