The economic outlook is uncertain as we approach the new year. High inflation and high interest rates mean that many countries are likely to fall into recession.
This is why it’s becoming more difficult for investors to choose stocks in the hope of generating a quick return. Investors looking to enter the market will need patience and be prepared for volatility in the months to come.
Even with the difficult economic environment, stocks still have the potential to be strong in 2023. Visa is an example of such a stock. Let’s see why.
| Stock: | Visa Inc. |
| Symbol for Invest.MT5Account: | V |
| Date of idea: | 19 Dec 2022 |
| Time Line | 12 Months |
| Entry Level | $215.00 |
| Target Level: | $250.00 |
| Position Size: | Maximum 5% |
| Risk: | High |
- The Invest.MT5 account allows you to buy stocks and shares from 15 of the largest stock exchanges in the world.
Trades are high-risk and you may lose more than you take on each trade. Therefore, you…
