In the following article, we will see the best performing stocks of 2023. These stocks have proven to be resilient and have stood their ground despite the bullish and bearish trends.
Disclaimer: The content of this article is purely informative, and in no way are investment recommendations.
Actions of the American Stock Exchange
We start with the actions of the American Stock Exchange. It must be recognized, that after so many years, US companies continue to show considerable muscle when it comes to achieving juicy revaluations in the stock market.
In fact, if we attend to the quotation of the Nasdaq of the last 7 years, we will see how this was growing moderately, but constantly, until the arrival of the pandemic in March 2020.
Of course, the revaluation of this index reached a maximum of 16,000 points, after the largest QE in the history of the Federal Reserve. Since then, interest rate increases and severe adjustments reached 35% (from historical highs) in October 2022
👉 More information, kindly visit How to invest in the Nasdaq?
So these are the most contracted actions in brokers of the American Stock Exchange in 2023:
- Meta Platforms
Let’s take a closer look:
- Company: Amazon.com, Inc.
- Ticker: AMZN
- Exchange: Nasdaq.
Amazon is one of the largest and most successful companies in the world, known for its leading e-commerce platform in the market. The company has experienced sustained growth over the years and has diversified its operations into different sectors, such as package delivery, artificial intelligence, clouding, and video streaming services. This has made Amazon a very attractive company for investors.
In fact, despite its substantial falls in 2022, where it lost more than 50% of its market cap, it continues to be one of the top 10 largest companies in the world. And precisely for this reason, in 2023 it seems to be at a much more reasonable price.
Furthermore, the company founded by Jeff Bezos, during the ’90s decade has followed the steps of its great technological competitors such as Apple and Microsoft, diversifying its business with its own brands, such as Amazon Music, Amazon Web Services, e-books (Kindle), smart speakers (Echo)… And more recently, it joined the streaming wave through its Prime Video and Twitch TV platforms
Amazon (AMZN) Quote in 2023
- Company: Apple, Inc.
- Ticker: AAPL
- Exchange: Nasdaq.
Apple is a globally recognized technology company for the design and quality of its electronic products, software, and online services. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, and has been a critical force in the digital revolution and personal technology. Steve Jobs is known for his innovative vision and commitment to design and user experience.
Apple has invested in a wide range of projects, including the acquisition of startups and the development of new products and services. Thus, the company is a leader in the smartphone market with its iPhone and also offers a wide range of electronic products, such as the iPad, the Apple Watch, and the AirPods headphones. In addition, Apple has a strong presence in the music and entertainment market with its online service platform, Apple Music, and Apple TV+.
It should be noted that what Apple has most recently stood out for is its wide portfolio of assets and a solid privacy and security culture, making it a stable and secure investment option.
We are talking about the largest company in the world, and it is said that, in part, the behavior of the SP500 is conditioned by the behavior of Apple on the stock market.
Apple (AAPL) Quote in 2023
What’s more, Apple only dropped 25% in the big drops of 2022, making a very important support around $120 per share. In any case, it should be noted that any such support is still far from its pre-pandemic quotation when it barely exceeds $75/share.
- Company: Tesla, Inc.
- Ticker: TSLA
- Stock Exchange: Nasdaq.
Tesla is an American company specializing in the production and sale of electric vehicles, batteries, and solar products. It was founded in 2003 by Elon Musk, who is also the founder of SpaceX and Neuralink, and recently the owner of Twitter. In fact, the South African entrepreneur is known for his ambitious, and to some extent messianic, futuristic vision of all the projects he undertakes, in order to achieve a real change in the way people consume energy and move around.
In this way, Tesla has been a pioneer in the manufacture of electric vehicles, and also of lithium batteries, making a show of its backward integration strategy, to provide further dynamism to its production roadmap.
Despite increasing its sales in 2022 by 40%, Tesla’s biggest problem was bottlenecks in battery manufacturing, which forced it to delay large volumes of orders and sales, which is why its management decided to start producing its own lithium batteries. On the other hand, Tesla has also stood out in the implementation of an advanced autonomous driving system in its vehicles, and the use of artificial intelligence with the idea of filling cities with robo-taxis, completely autonomous.
And precisely because of its vision of the future, its projects are based on ever-increasing sales (and forecasts of them).
Tesla (TSLA) Quote in 2023
Again after its correction at the end of 2022, which reached more than 70% (from highs), it managed to consolidate a support 120% higher than its pre-pandemic highs.
👉 More information: How to buy Tesla shares?
- Company: Alphabet, Inc.
- Ticker: GOOGL
- Stock Exchange: Nasdaq
Google is a multinational technology company originally known as “Backrub”, but which changed its name to Alphabet in 2015. The company has experienced impressive growth since its founding in 1998 by Sergey Brin and Larry Page and is now one of the largest and most valuable companies in the world. In fact, it is known for its popular online search engine, but it also has a number of other properties and projects it is involved in, such as YouTube, Google Studio, Google Maps, and many others.
Google is a leader in the technology and information sector and has invested in a series of emerging businesses and technologies. Some of these include artificial intelligence, robotics, virtual and augmented reality, gamification, autonomous vehicles, and pharmaceutical laboratories.
It is also worth noting that Google remains the King of online advertising, despite the general decline in the industry.
Alphabet (GOOGL) Quote in 2023
And with regard to 2023, again despite registering one of the biggest drops of 2022, where a 40% market capitalization was left, in line with most Nasdaq technology stocks, it has started the year marking support in the range of 86.50–88 $, which could be categorized as a triple bottom figure.
- Company: Microsoft Corporation
- Ticker: MSFT
- Exchange: Nasdaq
Microsoft is one of the largest and most recognized technology companies in the world, known for its Windows operating system and Microsoft Office productivity suite. It was founded in 1975 by Bill Gates and Paul Allen and has been a key force in the evolution of personal and business technology.
In addition, Bill Gates is known for his vision of a future where humans and technology are increasingly integrated. Not in vain, he has invested more than 10,000 million dollars in OpenAI to support the development of artificial intelligence. After all, he was right when he said at the beginning of the millennium that in 15 or 20 years, all humans would have more than 2 devices connected to the Internet.
Returning to Microsoft, the software company, also seeks to take an essential advantage in the video game sector, such as the acquisition of Activision Blizzard (awaiting approval from regulators) and the creation of Xbox.
In terms of investment, Microsoft has always maintained a leading position in the technology market with its wide portfolio of products and services. In addition, Microsoft is a mature company with a solid base of income from various sources (video games, operating systems, search engines, AI …), and a loyal quarterly dividend distribution, with a historical annualized growth of 14%
Microsoft (MSFT) Quote in 2023
In fact, its firmness is so robust that during the big drops experienced by the FAANG in 2022, Microsoft was one of the least affected, reaching a maximum drop of 35%, at a very particular moment.
- Company: Meta Platforms, Inc.
- Ticker: META
- Exchange: Nasdaq
Meta Platforms, formerly known as Facebook, is the largest and most popular social network in the world, with more than 2.800 million active monthly users. The social network was founded in 2004 by Mark Zuckerberg while he was enrolled at Harvard.
In addition to being one of the largest social networks, Facebook is also an important technology company with a wide range of investments and ongoing projects. For example, it is the current owner of Instagram, WhatsApp or Oculus VR.
On the other hand, Facebook has invested in areas such as virtual and augmented reality, the Internet of Things, and data analysis. It is also investing in artificial intelligence projects and in improving its online advertising platform.
In fact, online advertising is the main business of Zuckerberg’s social network, which generated revenues of more than 110,000 million dollars in 2022.
Meta Platforms (META) Quote in 2023
Since late 2022, when it parked (at least temporarily) its Metaverso idea, the company has regained the favor of investors. Consequently, the drop it experienced, exceeding 75% of its market cap, in early 2023, has managed to reduce it to less than 50% (from its highs).
Stocks from the European and Madrid Stock Exchanges
Next, we analyze a handful of companies from the different European markets, including, the German stock exchange, and the Madrid stock exchange.
In this case, it is true that the European stock exchange tends to be somewhat more relaxed than the American one, but still, every year there are surprises, and of course, we can always trust the largest ones.
Feel free to explore this list of the most traded stocks on the European and Madrid stock exchanges:
- Porsche AG
Let’s look at them in detail:
- Company: Textile Industry Company (Inditex)
- Ticker: ITX.MC
- Stock Exchange: Madrid.
Inditex is a leading company in the fashion industry, known for its brands Zara, Pull & Bear, Massimo Dutti, Bershka, and others. The company has a strong presence in the global market, with stores in more than 96 countries, and has been able to experience sustained growth in terms of revenue and profits, over the years.
Inditex’s business strategies have always been based on speed when it comes to having in-store (or cataloged.. In addition, new times require new ideas, and after the departure of the executive management of Pablo Isla, one of the best CEOs in the history of Spain, with the arrival of Marta Ortega, the company is investing in digitalization and innovation, which will help it maintain its position in the market and attract new customers. In fact, they expect online consumption to represent around 30% of their global sales.
Inditex SA (ITX.MC) Quote in 2023
At the stock market level, it is worth noting that it is the largest company in Spain, being the company with the highest capitalization of the Ibex 35.
- Company: Adidas AG
- Ticker: ADS.DE
- Stock Exchange: Xetra.
The history of Adidas cannot be understood without that of Puma, since both brands were born from the separation and rivalry of two brothers for their ideals in the midst of World War II. These two great brands were born in their father’s shoe workshop.
Adidas was founded in 1949, and today it is the second most valuable sports brand after Nike. Like its competitor, the company also quotes on the stock exchange, and its evolution has been quite good, with the typical ups and downs of the stock market.
For example, after the arrival of the pandemic, it fell 40% and then recovered strongly (as happened with the rest of the stock market). However, since the beginning of the invasion of Ukraine, it has registered a 70% drop, the lowest in its history. The reason? It stopped operating in Russia and had problems in the supply chain, because, on the other hand, production and sales in China also plummeted due to the Chinese government’s COVID Zero policy.
Adidas AG (ADS.DE) Quote in 2023
However, it should be added that since 2023, after the end of China’s COVID Zero policies, the German sportswear company seems to have recovered its bullish path.
- Company: Porsche AG
- Ticker: P911.DE
- Exchange: Munich.
Porsche AG is a German car manufacturer of luxury sports cars, founded in 1948 and based in Stuttgart, Germany. Porsche AG is part of the Volkswagen AG group since Volkswagen AG acquired most of the shares of Porsche AG in 2012, becoming its largest shareholder.
Between Porsche AG (P911.DE) and Porsche SE (PAH3.DE), there could be some degree of confusion due to them being two different companies, although they are related. Porsche AG is a company that is dedicated to the production and sale of cars, while Porsche SE is a holding company that controls the shareholding of Porsche AG and other assets.
Today, its most famous model is still its mythical 911 model, which has been produced since 1963, although it has evolved over time, maintaining its characteristic body shape and rear engine.
In this way, Porsche AG went public at the end of 2022, and since then, its share price has been at historic highs. And it is that something that is usually very common in companies that sell luxury products, be they cars, fashion, or accessories, is that investors tend to value them as a refugee sector of investment. Not in vain, luxury is one of the sectors that is least affected by economic recession.
Porsche AG (P911.DE) quotation in 2023
And we return to the Spanish market to talk about Iberdrola.
There is little to say about a company that not only everyone knows in Spain, but practically everyone consumes daily.
Not in vain, Iberdrola is the largest electricity company in Spain, Europe, and the third largest in the world thanks to its investments in more than 40 countries.
In addition, its commitment to renewable energies is firm, and in fact, it is already the largest producer of wind energy in the world.
Finally, at the stock market level, we see how its growth over time has been slow but constant. It is also one of the large companies that pay dividends, with a dividend yield of 4.5%.
Shares of the Australian and Asian stock markets
And to finish, let’s see the Nintendo company.
- Company: Nintendo Company
- Ticker: 7974.T
- Stock Exchange: Tokyo
Nintendo, founded in 1889 as a playing card company, has since then, and after several changes in business model focus, become one of the main developers and publishers of interactive entertainment in the world.
Therefore, with such well-known brands as Super Mario, Legend Of Zelda, and Pokémon, Nintendo remains one of the Big Players, alongside Sony and Microsoft, in the video game market, and the leader in the creation of innovative gaming experiences that have already been enjoyed by up to five generations of customers.
However, the most remarkable fact is that after the success of the opening of the theme park inspired by the Nintendo universe, Super Nintendo World, in Japan in 2021 (and despite the ravages of the pandemic), it is expected that in 2023 another branch will open in the Universal Studios of the USA.
Where can I buy the most traded stocks in 2023?
Well, for each of the stocks, you have a linked article where it is talked about in more depth about the company, and how to buy its shares.
However, to be more practical, here I leave you a selection of the best stock brokers, which may be of interest to you. The choice is based on criteria of security (regulation), commissions, and a minimum deposit.
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What do you think about this list? Which one would you have added or removed from this list? You can make your contribution, but keep in mind that this article always has a long-term mentality and not an approach to a momentary opportunity.
What are the most traded stocks among brokers in 2023?
Amazon, Apple, Tesla, Google, Microsoft, and Meta Platforms are among the most traded stocks in 2023.
What is the significance of the Nasdaq’s performance before and after the pandemic?
Nasdaq grew steadily until the pandemic hit in March 2020, with a peak of 16,000 points. It faced drops of up to 35% due to interest rate increases and adjustments.
What makes Google a significant investment option?
Google, now Alphabet, excels in search, online advertising, and technology innovations. It maintains a strong market position and invests in various emerging businesses.