2022 was a tough year for the stock market, with many of the top indices hitting 10-year lows. He was one of the biggest losses for many large tech stocks this year. As 2023 kicks off, Benzinga polled its followers to find out which stocks will be the hottest in 2023.
What happened: of SPDR S&P 500 Global ETF spy It will drop 19.2% in 2022, its worst annual performance since 2008.
Based on stock performance, four of the world’s largest public companies were among the biggest losers this year.
Apple AAPL: -27%
Alphabet Inc. googGoogle: -34%
Amazon.com, Inc. AMZN: -51%
Tesla Inc. TSLA: -69%
Apple’s shares fell as demand for the iPhone 14 fell below expectations and supply problems persisted in China.
Alphabet hit by a downturn in the advertising market in 2022, with many companies cutting back on spending to keep their costs down.
Amazon’s stock posted its worst performance since 2000 and the dot-com bubble.Company has been hit by overall macro issues and has already received a founder’s call Jeff Bezos He will return as CEO in 2023 to help steer the ship.
Tesla posted its worst annual stock performance since going public in 2010. Stock prices have been hit by a variety of issues, including the CEO’s impact on stock prices. Elon Musk’s He bought the social media platform Twitter and sold Twitter shares several times to fund the deal.
Tesla recently underperformed analysts’ fourth-quarter shipment forecasts.
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Benzinga’s vote: benzinga polled We asked our Twitter followers for the four stocks that could see the sharpest rally in 2023.
The question was, “Which stocks will perform best in 2023?” As an option he specifies four tickers.
The results are as follows.
Apples: 19.6%
Tesla: 44.2%
Amazon: 18.5%
Alphabet/Google: 17.7%
The clear winner in the polls was Tesla, with nearly 50% of the vote. Tesla’s stock is experiencing the biggest drop of any of the four tickers in 2022, so investors may be betting we’ll see the sharpest rally this year.
Investors may be betting that the electric car story will remain hot in 2023.
The other three candidates were evenly matched in votes, with Apple in second place.
surely Follow Benzinga on Twitter for more votes.
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