In case you are planning to invest in the US stock market, you’ll definitely be interested to know what the top performing stocks were this year. Although these keep changing in any market, it does help to have one eye on the best performers each year.
Here are the best performers of 2023.
Source: Finviz. Data is current as of Aug. 29, 2023 and is intended for informational purposes only.
This technology company is known for its graphics processing units (GPUs) used in gaming, artificial intelligence, and cryptocurrency mining. The company has seen impressive growth and profitability in recent years.
As a major player in the cruise industry, Royal Caribbean has seen ups and downs due to COVID-19. However, the company has a strong brand and has been working to adapt to changing travel trends.
This multinational conglomerate has a diverse range of businesses, including aviation, healthcare, and renewable energy. The company has faced challenges in recent years but has been working to streamline operations and improve profitability.
This homebuilder has seen strong demand in the housing market, driven in part by low interest rates and changing consumer needs due to the pandemic. The company has been expanding its operations and investing in new technologies.
As a leading streaming platform, Netflix has been a major beneficiary of the shift towards digital entertainment. The company has invested heavily in original content and expanded into new markets.
Known for its credit scoring system, FICO has a strong reputation in the financial industry. The company has been expanding into new areas such as fraud detection and decision management.
Formerly known as Facebook, this social media giant has faced scrutiny over data privacy and misinformation issues. However, the company continues to be a major player in the digital advertising space.
This pharmaceutical company has a diverse range of products, including treatments for cancer, diabetes, and Alzheimer's disease. The company has been investing heavily in research and development to drive future growth.
This technology company specializes in semiconductors and infrastructure software. The company has seen strong demand for its products in areas such as data centers and wireless communications.
This should give you a better idea of which companies or categories performed better than the others.
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Over the course of history, many big stock price increases have been recorded. One such notable single-day price change was recorded in July 2015, when Google added a total of $52 billion in its market capitalization.
The answer to this keeps changing on a daily basis because stock prices are volatile rather than fixed. Instead of focusing on one single stock, it is a better idea to track the top performing shares in the US markets, which include Occidental Petroleum Corporation, EQT Corporation, Hess Corporation and Marathon Petroleum Corporation, among others.
Due to the volatile nature of stock prices, the answer to this question fluctuates daily. Rather than fixating on a single stock, it is advisable to monitor the performance of top-performing shares in the US markets including Tesla, Shopify, Etsy, Amazon, Netflix and more.