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  • Writer's pictureIshfaaq Peerally

3 Stocks I'm Buying in January 2023


We are currently in a bear market $SPX500 with many headwinds ahead. These are the times to take opportunities in the markets and buy stocks. These are three stocks I'm buying in January 2023.


The first stock I'm buying in January 2023 is Alibaba $BABA. The stock is down over 75% from all-time high and right now is undervalued. Despite all the risks and uncertainties surrounding tech stocks in China, we need to focus on the long-term. This is a business with great growth potential.


The second stock I'm buying in January 2023 is GEO Group $GEO . The company is cleaning its balance sheet at a fast rate and risk of bankruptcy is not here anymore. Trading at X4 FCF, it represents a value opportunity.


The third stocks I'm buying in January 2023 is Meta $META . The stock is not doing well at all as it is down by over 75% from all time high because of uncertainties surrounding the metaverse. However, if we ignore the metaverse (and even give it a negative value), Facebook alone looks like a value stock.


https://www.youtube.com/watch?v=XtX09EbdLjA



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