Last year was particularly tough for global stock pickers, with the MSCI world net total return index sliding by 18.1% and the tech-heavy Nasdaq 100 index dropping by 33%.
Our five picks from a year ago also struggled: an equal-weighted portfolio of Adevinta , Altria , ASOS , CIFI Ever Sunshine and UnitedHealth would have returned -36.1% in dollars for 2022. We still like these stocks, though, notwithstanding their disappointing performance over the past 12 months. As is customary at the start of every year, here are five global stocks which we believe could do well over the long term.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JEAN PIERRE VERSTER: Global stocks to buy in 2023The stock-picking universe outside South Africa’s 300-odd shares is vast — here are five options to consider this year, writes JP_Verster.
Source: FinancialMail - 🏆 20. / 63 Read more »
South African buyer pays R27.5m for Cape Town flat as top-end market surgesSouth African buyer pays R27.5m for Cape Town flat as top-end market surges: A Cape Town “lock up and go” flat has sold for R27.5m, signalling continued appetite for top-end residential property in the city.
Source: SABreakingNews - 🏆 41. / 51 Read more »