Best- and Worst-Performing Stocks of November 2023 (2024)

The following article screens for the best and worst performing stocks in the Morningstar US Large-Mid Index.

Best-Performing Stocks of November 2023

Coinbase Global COIN rose 61.7% in November, lifting shares 252.4% in the year to date. The company’s stock ended the month with a Morningstar Rating of 2 stars, trading at a 56% premium to its fair value estimate of $80.

Block SQ rose 57.6%, but shares are flat from the start of the year, having risen only 0.9%. Shares are 29.5% below their last high on Feb. 2, 2023. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 24% discount to its fair value estimate of $83.

Datadog DDOG advanced 43.1%, leaving it up 58.6% for the year. The company’s stock ended the month with a Morningstar Rating of 3 stars, trading at a 1% premium to its fair value estimate of $115.

Expedia Group EXPE advanced 42.9%, lifting shares 55.5% year to date. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 23% discount to its fair value estimate of $178.

Insulet PODD rose 42.6%, but it was still down 35.8% for the year. Shares are 43.7% below their last high on May 5, 2023. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 19% discount to its fair value estimate of $234.

Best-Performing Stocks of November 2023

Worst-Performing Stocks of November 2023

Agilon Health AGL slid 41.0% in November, having fallen 34.2% from the start of the year. Shares are 63.9% below their last high on March 27, 2023.

BILL Holdings BILL slid 28.3%, putting it down 39.9% from the start of the year. Shares are 53.1% below their last high on July 19, 2023.

Paycom Software PAYC slid 25.7%, declining 41.2% in the year to date. Shares are 51.4% below their last high on July 31, 2023. The company’s stock ended the month with a Morningstar Rating of 5 stars, trading at a 38% discount to its fair value estimate of $295.

ShockWave Medical SWAV slid 15.4% and is now down 15.1% over this year. Shares are 44.8% below their last high on June 14, 2023.

Cigna Group CI slid 15.0% and declined 19.6% in the year to date. Shares are 22.7% below their last high on Dec. 13, 2022. The stock ended the month with a Morningstar Rating of 4 stars, trading at a 24% discount to its fair value estimate of $344.

Worst-Performing Stocks of November 2023

The author or authors do not own shares in any securities mentioned in this article.Find out about Morningstar’s editorial policies.

Best- and Worst-Performing Stocks of November 2023 (2024)

FAQs

What is the best-performing stock in November 2023? ›

Best-Performing Stocks of November 2023

Coinbase Global COIN rose 61.7% in November, lifting shares 252.4% in the year to date.

What are the worst performing stocks of 2023? ›

SolarEdge, Plug Power, Moderna, and Pfizer are among the year's biggest losing stocks. Overall, 2023 was a great year for stocks, as the markets rallied to near-record highs in late December.

What is the best-performing stock in 2023? ›

Top-Performing Stocks of 2023
  • Coinbase.
  • Nvidia.
  • DraftKings DKNG.
  • Meta Platforms META.
  • Palantir Technologies PLTR.
Jan 2, 2024

Which stock gives the highest return in 2023? ›

High growth stocks-2023
S.No.Name1Yr return %
1.Swadeshi Polytex573.81
2.Cons. Finvest114.97
3.Jai Balaji Inds.1600.67
4.Crest Ventures143.70
17 more rows

What stocks to buy in recession 2023? ›

13 Recession Proof Stocks Worth Investment in 2023
  • Diageo plc (NYSE: DEO)
  • NextEra Energy Inc. (NYSE: NEE)
  • The Procter & Gamble Company (NYSE: PG)
  • Johnson & Johnson (NYSE: JNJ)
  • Thermo Fisher Scientific (NASDAQ: TMO)
  • Dollar General Corporation (NYSE: DG)
  • Home Depot Inc. (NYSE: HD)
  • Bunge Limited (NYSE: BG)

What are 10 stocks to buy in 2023? ›

The Famous Five of 2023
Sr NoCompanies
1HDFC Bank
2TCS
3Hindustan Unilever
4Infosys
1 more row

What were the top 5 worst performing stocks of 2023? ›

  • Palantir Technologies Inc. (PLTR)
  • Bottom 5 Stocks of 2023.
  • NovoCure Limited (NVCR)
  • AMC Entertainment Holdings, Inc. (AMC)
  • DISH Network Corporation (DISH)
  • Hawaiian Electric Industries, Inc. ( HE)
  • Plug Power Inc. (PLUG)
  • The Bottom Line.
Dec 4, 2023

What stocks are doing poorly? ›

Day Losers
SymbolNameChange
CNKCinemark Holdings, Inc.-0.71
JANXJanux Therapeutics, Inc.-2.59
WENThe Wendy's Company-0.77
BHCBausch Health Companies Inc.-0.30
21 more rows

What are the magnificent 7 stocks? ›

Individually, here is how the Magnificent 7 stocks performed in 2023:
  • Nvidia (NVDA): +239%
  • Meta Platforms (META): +194%
  • Tesla (TSLA): +102%
  • Amazon (AMZN): +81%
  • Alphabet (GOOG, GOOGL): +58%
  • Microsoft (MSFT): +57%
  • Apple (AAPL): +48%
16 hours ago

What are the top 7 performing stocks in 2023? ›

However, 2023 was quite impressive for the seven tech-focused US companies—Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA and Tesla. Collectively, the Magnificent Seven climbed 75.71% during 2023, while the broader S&P 500® Index returned 24.23% for the year.

What are the best stocks in December 2023? ›

Best-Performing Stocks of December 2023

Karuna Therapeutics KRTX surged 65.5%, rising 61.1% from the start of the year. Zillow Group ZG rose 44.0%, having risen 81.7% from the start of the year. Coinbase Global COIN surged 39.5%, having risen 391.4% from the start of the year.

What stock will double in 2023? ›

Three AI stocks that did particularly well last year were Nvidia (NASDAQ: NVDA), C3.ai (NYSE: AI), and Tesla (NASDAQ: TSLA), all doubling in value in 2023. But the big questions are whether they can do it again, and is it too late to invest in these businesses?

Which stock will double in one month? ›

Stocks with good 1 month returns
S.No.NameCMP Rs.
1.Hindustan Zinc440.15
2.Deepak Nitrite2510.00
3.NMDC260.70
4.Nippon Life Ind.574.30
23 more rows

What stock will double in 2024? ›

2024's 10 Best-Performing Stocks
Stock2024 Return Through April 30
Canopy Growth Corp. (CGC)191.2%
Super Micro Computer Inc. (SMCI)202.1%
Alpine Immune Sciences Inc. (ALPN)238.9%
Viking Therapeutics Inc. (VKTX)327.6%
6 more rows
4 days ago

What are the worst performing stocks in the S&P 500 2023? ›

The biggest losers of the year included Pfizer, Dollar General, Enphase Energy and Walgreens
  • WBA. +1.60%
  • HRL. -0.71%
  • BMY. +0.66%
  • NEE. +1.87%
  • ES. -1.22%
  • DVN. +0.40%
  • PODD. +0.58%
  • CAG. -0.84%
Dec 29, 2023

Which stock will double in 2023? ›

Top multibagger stocks in 2023
CompanyYTD returns (%)
Titagarh Railsystems376 376 376
Jindal Saw321 321 321
Inox Wind278 278 278
REC270 270 270
6 more rows
Dec 18, 2023

Is 2023 a good time to invest in stocks? ›

By all accounts, 2023 was a prosperous year for investors. The S&P 500 posted a gain of 24.33% for the year. But that performance followed a tumultuous 2022, in which the market lost 19.44%. If you balance out the two years, you'd have about broken even.

Is 2023 a good year to invest in the stock market? ›

The final quarterly and annual numbers for 2023 were exceptionally good. They translate into substantial annual gains for millions of investors who hold stocks and bonds indirectly, through mutual funds, exchange-traded funds and trusts, often in workplace retirement accounts.

What are stocks projected to do in 2023? ›

S&P 500 forecast

Wall Street analysts are projecting S&P 500 earnings will continue to improve in the coming quarters despite ongoing pressures from elevated interest rates. Analysts estimate S&P 500 earnings were up about 4.1% year over year in the third quarter of 2023 and will grow 3.2% in the fourth quarter.

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