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What are the 10 Best US Stocks to Buy Now | 2023

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Created on
January 18, 2023

Summary

What’s Inside

Some of the best performing US stocks have become legendary for their impressive returns, often forming the backbone of successful investment portfolios. These stocks belong to companies that have shown remarkable growth, resilience, and innovation in the competitive US stock market, attracting investors' interest and shaping the global economy. 

What are US Stocks?

  • The US stock market is one of the largest in the world, with more than 6,000 domestic and foreign companies listed on it. 
  • US stocks are shares of ownership in companies that are publicly traded on various stock exchanges in the United States. 
  • It is the home of some of the most famous names in the world. Companies of different sizes, such as mega-cap, mid-cap, large-cap, and small-cap, are all listed on the US stock exchange. 

Top 10 Best US Stocks To Buy Now

Here is a list of best US Stocks to buy now if you are interested and looking for investments in the US Stock Market: 

  1. Apple, Inc.
  2. Microsoft Corporation
  3.  Amazon.com Inc.
  4. Tesla, Inc.
  5. Johnson & Johnson
  6. Exxon Mobil Corp.
  7. Walmart Inc.
  8. Meta Platforms Inc
  9. JPMorgan Chase & Co.
  10. Visa, Inc. 

Performance-Wise List of Best US Stocks For Long-Term

Let’s look at the performance list of the best US stocks to invest in the current times:

Stock

Dividend Yield 

52-Week High 

52-Week Low

Market Cap

Apple Inc 

0.50% 

198.23

124.17

3.007T

Microsoft Corporation 

0.83%

366.78

213.43

2.42T

Amazon.com Inc

146.57

81.43

312.51

Tesla, Inc. 

-

314.67

101.81

823.08B

Johnson & Johnson

2.79%

181.04

150.11

443.488B

Exxon Mobil Corp

3.40%

119.92

83.89

428.822B

Walmart Inc.

1.43%

160.94

125.12

428.861B

Meta Platforms Inc.

-

326.20

88.09

805.888B

JPMorgan Chase & Co.

2.56%

159.38

101.28

456.90B

Visa, Inc.

0.75%

245.37

174.60

485.963B

Apple, Inc.

Apple (AAPL) is a renowned technology company known for its iPhones, iPads, Macs, and software services. In 2023, AAPL stock performed well, driven by strong demand for its products and services.

Microsoft Corporation

Microsoft (MSFT) is a leading software and cloud computing company. MSFT stock saw steady growth in 2023, thanks to its cloud services, software products, and strategic acquisitions.

Amazon.com Inc.

Amazon(AMZN) is a global e-commerce and technology giant. Despite regulatory challenges, AMZN stock remained strong in 2023, driven by its e-commerce dominance and cloud services.

Tesla, Inc.

Tesla (TSLA) is a leading electric vehicle manufacturer and renewable energy company. Despite facing supply chain challenges and increased competition in the EV market, Tesla's stock price grew by 117.1% in 2023 as the company continued to innovate and expand into new markets.

Johnson & Johnson

Johnson & Johnson (JNJ) is a healthcare conglomerate known for pharmaceuticals, medical devices, and consumer products. JNJ stock showed resilience in 2023 amid ongoing healthcare developments.

Exxon Mobil Corp.

Exxon Mobil (XOM) is a major energy company involved in oil and gas exploration. XOM stock faced volatility in 2023, influenced by energy market dynamics.

Walmart Inc.

Walmart (WMT) is a leading retail corporation. WMT stock had a stable performance in 2023, driven by its omnichannel retail strategy.

Meta Platforms Inc.

Meta Platforms (META) is a social media giant that operates Facebook, Instagram, WhatsApp, and other popular platforms. Despite facing scrutiny over user privacy and misinformation, Meta's stock price rose by 164.8% in 2023 due to sustained growth in its user base and advertising revenue.

JPMorgan Chase & Co.

JPMorgan Chase (JPM) is a prominent financial institution. JPM stock performed well in 2023, benefiting from its diverse financial services.

Visa, Inc. 

Visa (V) is a global payments technology company. V stock demonstrated resilience in 2023, adapting to changing payment trends and digital transactions.

Why Invest in the Best US Stocks For the Long-Term?

Investing in some of the best US stocks can offer you several benefits, such as:

1. Access to Global Companies

The US is home to some of the largest companies in the world. Besides, the US stock exchange also lists companies from many other countries, such as Japan, Germany, and China.

2. Diversification of Investment

By investing in some of the best US stocks, you can diversify your portfolio and exposure to the US market, thus reducing the economic risk. Every stock market is affected by elections, political issues, and other factors. With diversification, you can mitigate, manage, and protect your investment from sudden shocks.

3. Fractional Investing

Fractional investing is a great option in the international market and can benefit you in the US market. The best US stocks may be costly if bought in the US, but you can buy them in fractions in the Indian market.

4. Benefit from Dollar Appreciation

When you invest in US stocks, you should also consider the dollar value. If the dollar value increases, your investment amount will also increase.

5. Being Part of the US Growth Story

The US market is dynamic and sees changes every day. When you invest in a market with new companies or technologies entering regularly, you can expect positive returns.

Things to Consider Before Buying the Best US Stocks For Long-Term

Before you invest in the best US stocks, make sure you keep in mind the following points:

1. You should be clear about the idea of fractional ownership of the shares.

2. Always monitor the effect of the foreign exchange on your shares.

3. Decide how much you want to invest in a year.

4. It would be wise to check the tax implications on your shares.

Conclusion

The best US stocks remain attractive in a market where conditions can shift rapidly and unexpectedly. These stocks embody innovation, flexibility, and long-term value. These companies have established themselves, enticing investors with the potential of high returns, whether in times of economic prosperity or hardship.

Invest in Top US Stocks with Fi

Fi enables you to invest in top US companies — at industry-best forex rates. So you can own shares in Apple, Tesla, Microsoft, and so on! With an intuitive user interface, Fi simplifies the world of US Stocks alongside their FINRA-regulated broker partner, Alpaca Securities. Besides in-app explainers, novice investors can use Curated Collections (like All-Time Favourites) to make decisions. Seasoned investors can dive deeper, apply many filters (like Stock Price) & pick from a wide range of international options. What's more, on Fi, there are zero withdrawal charges for US Stocks.

Disclaimer

Investment and securities are subject to market risks. Please read all the related documents carefully before investing. The contents of this article are for informational purposes only, and not to be taken as a recommendation to buy or sell securities, mutual funds, or any other financial products.
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