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20 Stock Picks For 2023 From Top-Performing Fund Managers | Forbes
Posted
January 16, 2023
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January 16, 2023
31,165
566
289
2.74%
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10:47Now Playing2022 was a terrible year for stocks. The S&P 500 has lost 20%, the Dow Jones Industrial Average is down nearly 10% and the tech-heavy Nasdaq Composite plummeted more than 30%. Blame it on raging inflation, a hawkish Federal Reserve, the War in Ukraine or a looming global recession.
Given that the days of just buying the S&P 500 or some other broad index fund to garner double digit returns appear to be in the rearview mirror, experts believe it is now a so-called “stock pickers market.”
With that, Forbes tapped Morningstar to identify top-performing fund managers who have either beat their benchmarks this year or on a longer-term basis over three-year, five-year or ten-year periods. Here are their best stock ideas for the coming year.
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