The Standard & Poor’s 500 Index is one of the most highly followed stock indexes in the world, and it contains hundreds of America’s top companies. The index has a strong track record of returns – averaging about 10 percent annually over long periods. Investors regularly keep an eye on the index and the top stocks within it as a bellwether for the market and economy as a whole.
A list of the top-performing stocks won’t indicate which will do well in the future, but many top stocks deliver solid returns year after year. Amazon and Apple, for instance, seem to have delivered attractive gains for what seems like forever, so following the best stocks may give you a clue as to which contenders will perform well in the years to come.
Below are the best-performing stocks in the S&P 500 in 2023.
Best S&P 500 stocks as of June 2023
| Company and ticker symbol | Performance in 2023 |
|---|
| NVIDIA (NVDA) | 159.1% |
| Meta Platforms (META) | 120.0% |
| Advanced Micro Devices (AMD) | 82.5% |
| Salesforce (CRM) | 68.5% |
| Tesla (TSLA) | 65.6% |
| Royal Caribbean Cruises (RCL) | 63.8% |
| General Electric (GE) | 53.1% |
| Chipotle Mexican Grill (CMG) | 49.7% |
| Lam Research (LRCX) | 46.7% |
| PulteGroup (PHM) | 45.1% |
Data as of May 31, 2023
Of course, not even the great stocks can do well all the time, so it can be useful to keep an eye on some of the stocks that have been underperforming. That’s because this year’s underperformers can become next year’s outperformers, and if you find a once-stellar stock among the dogs, it may be ripe for a bargain purchase.
Below are the worst-performing S&P 500 stocks in 2023.
Worst-performing S&P 500 stocks as of June 2023
| Company and ticker symbol | Performance in 2023 |
|---|
| DISH Network (DISH) | -54.2% |
| Advance Auto Parts (AAP) | -50.4% |
| KeyCorp (KEY) | -46.4% |
| Comerica (CMA) | -46.0% |
| Zions Bancorporation (ZION) | -44.5% |
Data as of May 31, 2023
Widely held stocks
Here’s how some of the most widely held stocks in the S&P 500 have performed.
| Company and ticker symbol | Performance in 2023 |
|---|
| Apple (AAPL) | 36.4% |
| Microsoft (MSFT) | 36.9% |
| Alphabet (GOOGL) | 39.3% |
| Amazon (AMZN) | 43.6% |
| Tesla (TSLA) | 65.6% |
Data as of May 31, 2023
Should you invest in the hottest stocks?
Investing in individual stocks is difficult. You have to research and analyze the business and industry, as well as understand the dynamics that are driving it all. That’s fine for individuals who have the time, ability and desire to do what it takes to succeed here.
But what if you don’t want to do that amount of work yet enjoy the attractive return of stocks? Well, any investor can participate, even with very little knowledge. It’s easy for an investor of any skill level to purchase a fund based on the S&P 500 index. The fund owns stakes in all the companies in the index, meaning you own a tiny piece of hundreds of stocks.
That setup also means that your performance will tend to track the performance of the index over time, about 10 percent annually over long periods, even if you’re not researching and analyzing the various stocks within it. By buying this kind of index fund, you’ll get the weighted average of all the holdings, and you’ll outperform most investors, even the pros, over time.
Index funds come in two major variants: exchange-traded funds (ETFs) and mutual funds. Each has some benefits and drawbacks. But either way, you get the ability to track an index and to do so at what is often a relatively low cost, often a few dollars a year for every $10,000 invested.
However, if you’re looking to earn the returns of the index, it’s vital that you hold the index fund through the ups and downs, giving the investment the time to ride out the volatility. Otherwise, you’ll probably end up selling low and buying high, as the index gyrates.
Bottom line
Following the hottest stocks helps you find out what the market likes, but if you’re investing in these individual stocks, you’ll need to research the business and understand what the opportunity is. But a more lucrative way might be to scour through the underperforming stocks and find the businesses that will eventually go back into favor, allowing you to buy low and sell high.
Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.
FAQs
If stock returns are essentially random, the best prediction for tomorrow's market price is simply today's price, plus a very small increase.
Which stocks will perform best in 2023? ›
10 of the Best Stocks to Buy for 2023
| Stock | YTD Total Returns Through June 6 |
|---|
| Walt Disney Co. (DIS) | 6.1% |
| PayPal Holdings Inc. (PYPL) | -8.7% |
| EOG Resources Inc. (EOG) | -10.9% |
| Grupo Aeroportuario del Sureste SAB de CV (ASR) | 26.1% |
7 more rows5 days ago
10 Best Growth Stocks Of June 2023
- Bank of America's Best Growth Stocks of 2023.
- Amazon (AMZN)
- Constellation Energy (CEG)
- Chipotle Mexican Grill (CMG)
- Alphabet (GOOG, GOOGL)
- Eli Lilly (LLY)
- Match (MTCH)
- Progressive (PGR)
Growth stocks for next 5 years
- Brightcom Group. 23.65. 3.48. 4772.39. 1.27. 229.15. 2.73. 1367.92. 10.28. 30.91. 1370.99. 44.18.
- Easy Trip Plann. 43.10. 51.03. 7492.16. 0.15. 37.81. 58.07. 111.47. 88.42. 54.57. 146.82. 39.17.
- Primo Chemicals. 64.80. 11.72. 1570.38. 0.00. 17.47. -58.55. 147.80. -8.24. 43.90. 133.98. 121.93.
If stock returns are essentially random, the best prediction for tomorrow's market price is simply today's price, plus a very small increase.
What stock will double in 2023? ›
7 Growth Stocks That Could Double Your Money in 2023
| RAMP | LiveRamp | $24.68 |
|---|
| KYMR | Kymera Therapeutics | $28.35 |
| SDGR | Schrodinger | $26.10 |
| HSAI | Hesai Group | $8.10 |
| ABCL | AbCellera Biologics | $5.74 |
2 more rowsMay 14, 2023
Three Key Sectors in Which to Invest in 2023
- Consumer staples. ...
- Precious metals. ...
- Healthcare.
| Best Value Stocks |
|---|
| Price ($) | Market Cap ($B) |
|---|
| Chesapeake Energy Corp. (CHK) | 77.03 | 10.3 |
| DISH Network Corp. (DISH) | 6.99 | 3.7 |
| Ovintiv Inc. (OVV) | 32.94 | 8.1 |
2 more rowsMay 5, 2023
The Dow Jones Industrial Average remains in rally mode into the second quarter of 2023, above its 50-day moving average and sharply off its mid-October lows. The best Dow Jones stocks to buy and watch in May 2023 are Apple (AAPL), Boeing (BA), Microsoft (MSFT), Salesforce (CRM) and Visa (V).
What is the best stock to make money fast? ›
In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).
best long term stocks
| S.No. | Name | CMP Rs. |
|---|
| 1. | SG Finserve | 547.00 |
| 2. | Ksolves India | 882.90 |
| 3. | Life Insurance | 601.95 |
| 4. | Knowledge Marine | 1175.00 |
23 more rowsStock Doubling every 3 years
| S.No. | Name | CMP Rs. |
|---|
| 1. | Guj. Themis Bio. | 796.70 |
| 2. | Refex Industries | 502.95 |
| 3. | Tanla Platforms | 836.55 |
| 4. | M K Exim India | 77.14 |
7 more rows5 Best Growth Stocks for the Next 10 Years
| Growth stock | Year-to-date return (as of May 10 close) |
|---|
| DexCom Inc. (DXCM) | 8.2% |
| Fortinet Inc. (FTNT) | 37.1% |
| Tesla Inc. (TSLA) | 36.8% |
| Tractor Supply Co. (TSCO) | 8.9% |
1 more rowMay 11, 2023
The Best Performing Stocks in History
- Coca-Cola. (NASDAQ: KO) ...
- Altria. (NASDAQ: MO) ...
- Amazon.com. (NASDAQ: AMZN) ...
- Celgene. (NASDAQ: CELG) ...
- Apple. (NASDAQ: AAPL) ...
- Alphabet. (NASDAQ:GOOG) ...
- Gilead Sciences. (NASDAQ: GILD) ...
- Microsoft. (NASDAQ: MSFT)
On November 15th, 2022, Marc Chaikin made a startling prediction that was watched by over 320,000 people… He said he was observing: “A major shift in our financial system that could lead to a RUN ON THE BANKS in 2023.”
How do you find which stock will go up? ›
We want to know if, from the current price levels, a stock will go up or down. The best indicator of this is stock's fair price. When fair price of a stock is below its current price, the stock has good possibility to go up in times to come.
What stock will explode in 2023? ›
3 Penny Stocks That Are Poised to Explode in 2023
| ABEV | Ambev | $2.91 |
|---|
| NOK | Nokia | $4.03 |
| EGY | Vaalco Energy's | $3.69 |
May 15, 2023
For calendar-year 2023, the consensus earnings estimate is for a 2% contraction. But that estimate is still coming down, and based on historical patterns, could continue to do so.
What new stocks are coming out in 2023? ›
68 IPOs
| IPO Date | Symbol | Company Name |
|---|
| May 5, 2023 | SLRN | Acelyrin, Inc. |
| May 4, 2023 | KVUE | Kenvue Inc. |
| May 2, 2023 | GODN | Golden Star Acquisition Corporation |
| Apr 28, 2023 | TRNR | Interactive Strength Inc. |
64 more rows2023 US sector outlook
- Real estate.
- Materials.
- Industrials.
- Communication. services.
“The bear [market] is almost over, and a new exciting bull market awaits in the second half of 2023,” he said, pointing to potential in technology stocks in particular.
Will market fall further in 2023? ›
Majority of the experts think consumer sentiment will see an uptick in 2023 and the Indian stock markets performance will be stellar in key areas including banking, automobiles, real estate and company stocks with strong fundamentals.
What stocks to buy in 2023 recession? ›
9 Best Recession Stocks Of 2023
- The Best Recession Stocks of June 2023.
- Becton, Dickinson and Company (BDX)
- Thermo Fisher Scientific Inc. ( TMO)
- Merck & Company, Inc. ( MRK)
- PepsiCo, Inc. ( PEP)
- CMS Energy Corporation (CMS)
- Ameren Corporation (AEE)
- Xcel Energy Inc. ( XEL)
Disney's low stock price, along with recovering theme park revenues, a stronghold in streaming, and a respected CEO at the helm add up to a good 2023 buying opportunity. The consensus price target for Disney is $124.05.
Which stock to buy for next 3 months? ›
Top Gainers: Top gainers in trading for 3-month in BSE 500
| Name | LTP | Change(3-month%) |
|---|
| Zensar Technologies .. | 397.0 | 43.0% |
| Engineers India Ltd. | 109.8 | 42.2% |
| HEG Ltd. | 1374.0 | 40.3% |
| Zomato Ltd. | 76.9 | 40.3% |
21 more rowsAfter a difficult 2022, tech giant Apple Inc. (ticker: AAPL) is off to a hot start in 2023. Through April 10, AAPL stock is up 24.9% in 2023, outpacing the S&P 500's 7% gain over the same period. Outperformance is certainly a familiar concept for Apple investors over the past 20 years.
Do stocks usually go down in May? ›
"Sell in May and go away" is an adage referring to the historically weaker performance of stocks from May to October compared with the other half of the year. Since 1990, the S&P 500 has averaged a return of about 2% annually from May to October, versus about 7% from November to April.
How to make $500 a month in stocks? ›
Dividend-paying Stocks
Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.
How to earn $500 per day in stock market? ›
How to Earn 500 Rs Per Day in Share Market? Tips For Stock Market!
- Tips When You Start Trading For The First Time. Believe in booking small profits and consider doing multiple trades. Focus on the shares having a high volume. Start trading in trending shares. Focus on entry and exit points. ...
- Bottomline.
Gainers
| Company | Price | Change |
|---|
| NCLH Norwegian Cruise Line Holdings Ltd | 17.17 | +0.36 |
| TJX TJX Companies Inc | 79.36 | +1.60 |
| CNC Centene Corp | 69.00 | +1.38 |
| SJM J M Smucker Co | 153.57 | +2.56 |
6 more rowsAfter dropping more than 18% in 2022, the S&P 500 is now up around 6% year to date (as of May 4), leading some investors to wonder if it's safe to invest now. The short answer is "yes." The longer answer is, "yes, you should be investing regardless of market movements, if you have the means."
