Growth stocks suffered in 2022 amid the skyrocketing inflation and consecutive rate hikes. Last year also saw value stocks strengthening over growth stocks. However, this provides the opportunity to scoop up high-growth stocks, Gilead Sciences, Inc. (GILD), Jazz Pharmaceuticals plc (JAZZ), and Masonite International Corporation (DOOR), at great prices.
A bear market doesn’t last forever, and many experts appear optimistic that stocks will recover this year. Goldman Sachs predicted in their 2023 outlook that the stock market would “most likely rally” by the end of 2023.
