100 Best Stocks 2023: Nvidia Among Magnificent Seven Stocks Listed (2024)

While artificial intelligence spurred big gains in Nvidia (NVDA), Meta Platforms (META) and Tesla (TSLA), the 100 best stocks 2023 list reflects a mix of consumer, technology, housing and other sectors that stood out in terms of price performance.

On IBD's 100 Best Companies Of 2023 list, three Magnificent Seven stocks, which shouldered much of the market's gains, were among the best-performing stocks. META stock, TSLA and NVDA all earn that distinction.

Scroll down to see retailer Abercrombie & Fitch (ANF), cybersecurity firm CrowdStrike (CRWD), IPO Leader Duolingo (DUOL) and the rest of the 100 companies on this list.

100 Best Stocks 2023:Nvidia, Meta Make The List

All companies featured in this table of the 100 best stocks for 2023 have an average daily trading volume of 100,000 shares or more and were priced at $12 or higher at the start of the year. ETFs and companies that had no profit in the most recently reported quarter are excluded. Prices and other data shown are as of Dec. 29, 2023.

Note: Click to see a PDF of the full table.

The "Best Companies Of 2023" logo and accolades are available for licensing through Investor's Business Daily's partner, The YGS Group, at [emailprotected] or 800-290-5460.

See Also

Best Growth Stocks for May 2024

Rank	Company	Ticker	Industry	2023 Price%Chg	Comp Rtg	EPS Rtg	Rel Str	SMR	Acc/Dis
1	AbercrmFitch	ANF	RETAIL-APPRL/SHOES/ACC	285.1	99	82	99	C	A
2	Vertiv	VRT	ELECTRICAL POWER/EQPMT	251.6	87	83	98	B	B-
3	SuperMicro	SMCI	CMP-HRDWRE/PERIP	246.2	94	91	97	A	B-
4	Nvidia	NVDA	ELEC-SEMICON FBLSS	238.9	98	99	97	A	E
5	Duolingo	DUOL	CMPTR SFTWR-EDU	218.9	98	82	97	C	B+
6	Skywst	SKYW	TRNSPRTTIN-AIRLNE	216.2	47	11	97	E	A-
7	Camtek	CAMT	ELEC-SCNTIFIC/MSRNG	215.9	88	88	98	B	B+
8	BlugreenVactns	BVH	FNCE-INVSMNT MGT	201.0	96	60	99	A	A+
9	Modine	MOD	BLDG-A/C & HEATING P	200.6	97	94	98	B	B
10	MIHomes	MHO	BLDG-RSIDNT/COMML	198.3	97	87	98	A	A-
11	MetaPlatfrms	META	INTERNET-CONTENT	194.1	97	95	96	A	C-
12	Cimpress	CMPR	COMML SVC-DOC MGMT	189.9	87	82	96	..	B
13	FTAI Aviation	FTAI	AEROSPACE/DEFENSE	171.0	94	77	96	C	A-
14	Samsara	IOT	COMPTR SFTWR-ENTR	168.5	89	82	96	C	C+
15	SterlingInfra	STRL	BLDG-HEAVY CONSTR	168.1	98	99	97	A	A-
16	BeazerHmes	BZH	BLDG-RSIDNT/COMML	164.8	87	66	97	C	B-
17	XPOLogstc	XPO	TRANSPORT-LOGISTICS	163.1	55	30	97	C	D-
18	RoyalCaribb	RCL	LEISURE-SERVICES	162.0	92	84	97	C	A
19	ELF Beauty	ELF	COSMETICS/PERSNL CRE	161.0	98	98	96	A	A-
20	Builders First	BLDR	BLDG-CNSTR PRDS/MSC	157.3	91	75	96	C	B-
21	Powellnds	POWL	ELECTRICAL POWER/EQPMT	151.3	91	84	96	A	B
22	Uber	UBER	LEISURE-SERVICES	149.0	87	82	97	D	B+
23	GIIIApparel	GIII	APPREL-CLTHING MFG	147.9	94	80	97	C	A-
24	CrowdStrike	CRWD	COMPTR SFTWR-SCRITY	142.5	99	99	97	A	A
25	ConsWtr	CWCO	UTILITY-WATER SUPPLY	140.5	90	84	97	B	B
26	Topbuild	BLD	BLDG-CNSTR PRDS/MSC	139.2	98	97	97	A	A
27	Spotify	SPOT	CMPTR SFTWR-EDU	138.0	80	34	94	D	C+
28	Alpha Metallur	AMR	ENERGY COAL	131.5	77	10	97	B	A-
29	Dorian LPG	LPG	OIL&GAS-TRNSPRT/PIP	131.5	98	99	97	A	B
30	F&gAnnuities	FG	INSURANCE-LIFE	129.9	78	43	98	A	B
31	Advanced Micro	AMD	ELEC-SEMICON FBLSS	127.6	95	81	96	B	A
32	PulteGrp	PHM	BLDG-RSIDNT/COMML	126.7	97	95	96	A	A-
33	PGT Innova	PGTI	BLDG-CNSTR PRDS/MSC	126.6	98	87	96	B	A+
34	Onto Innov	ONTO	ELEC-SEMICNDCTR EQP	124.6	81	68	95	B	B-
35	Shopify	SHOP	COMPTR SFTWR-ENTR	124.4	98	98	96	C	A-
36	SimpsonMfg	SSD	BLDG-CNSTR PRDS/MSC	123.3	98	97	96	A	A-
37	HCI Group	HCI	INSRNCE-PRP/CAS/TITL	120.8	83	82	96	D	B+
38	Amphastar	AMPH	MEDICAL-BIOMED/BTH	120.7	99	99	95	A	B
39	GooseheadInsrA	GSHD	INSRNCE-PRP/CAS/TITL	120.7	82	99	92	..	C+
40	InterDigtl	IDCC	ELEC-MISC PRODUCTS	119.4	97	94	95	A	A
41	Elastic	ESTC	CMP SFTWR-DBASE	118.8	99	82	97	C	A
42	BellringBrnds	BRBR	COSMETICS/PERSNL CRE	116.2	80	74	96	..	B-
43	Forestar	FOR	REAL STATE DVLPMT/OPS	114.6	93	96	96	C	B-
44	Green Brick	GRBK	BLDG-RSIDNT/COMML	114.4	94	85	93	B	B
45	InstalledBldg	IBP	BLDG-MNTNANCE & S	113.6	95	94	96	A	A-
46	PaloAltNts	PANW	COMPTR SFTWR-SCRITY	111.3	99	98	94	A	B+
47	New Oriental	EDU	CONSUMR SVC-EDCATION	110.5	93	83	96	B	D-
48	Core&Main	CNM	BLDG-CNSTR PRDS/MSC	109.3	97	85	96	B	B+
49	Saia	SAIA	TRNSPORTATION-TRCK	109.0	88	83	93	B	B
50	MongoDB	MDB	CMP SFTWR-DBASE	107.7	98	84	93	B	B
51	TollBros	TOL	BLDG-RSIDNT/COMML	105.9	96	87	95	B	A-
52	Customers Banc	CUBI	BANKS-NORTHEAST	103.3	99	86	98	A	A
53	JakksPacif	JAKK	LEISR-TYS/GMS/HBBY	103.3	67	41	98	C	A
54	Bel Fuse B	BELFB	ELEC-PARTS	102.8	89	97	95	B	B+
55	Tesla	TSLA	AUTO MANUFACTURERS	101.7	76	88	84	B	B-
56	HubSpot	HUBS	CMP SFTWR-SPC-ENTR	100.8	95	99	91	A	B
57	Broadcom	AVGO	ELEC-SEMICON FBLSS	99.6	95	88	95	A	A-
58	USCell	USM	TELCOM SVC-WIRLES	99.2	56	40	96	D	E
59	Salesforce	CRM	COMPTR SFTWR-ENTR	98.5	96	98	93	B	A-
60	Zscaler	ZS	COMPTR SFTWR-SCRITY	98.0	99	99	96	A	A
61	KBHome	KBH	BLDG-RSIDNT/COMML	96.1	94	73	94	B	B+
62	Tidewater	TDW	OIL&GAS-FIELD SERVIC	95.7	89	83	92	B	B
63	Trex	TREX	BLDG-CNSTR PRDS/MSC	95.6	98	90	95	B	A
64	UiPath A	PATH	COMPTR SFTWR-ENTR	95.4	98	82	95	B	A-
65	GeneralElec	GE	DVRSIFIED OPRTIONS	95.2	85	77	91	C	B-
66	FairIsaac	FICO	COMPTR SFTWR-FINCL	94.5	93	97	95	..	B
67	USSteel	X	STEEL-PRODUCERS	94.2	65	14	97	C	B+
68	AristaNtk	ANET	COMPTER-NETWRKING	94.1	98	97	94	A	B+
69	Weatherford	WFRD	OIL&GAS-MCHNRY/EQ	92.1	93	84	94	B	B-
70	CarpenterTech	CRS	STEEL-SPCLTY ALLOYS	91.7	92	82	92	B	C
71	Rambus	RMBS	ELEC-SEMICON FBLSS	90.5	90	86	91	A	C+
72	TriPointeHomes	TPH	BLDG-RSIDNT/COMML	90.4	87	60	92	B	B
73	Dell Techs C	DELL	CMP-HRDWRE/PERIP	90.2	68	40	94	C	C+
74	Cameco	CCJ	Mining-Metal Ores	90.1	71	39	93	B	C
75	Intel	INTC	ELEC-SEMICON MFG	90.1	64	31	95	D	A+
76	AmWdmrk	AMWD	BLDG-CNSTR PRDS/MSC	90.0	87	68	94	C	B
77	Stride	LRN	CONSUMR SVC-EDCATION	89.8	99	99	95	B	A-
78	Varonis Sys	VRNS	CMP SFTWR-DBASE	89.1	97	81	96	C	A+
79	MeritgeHme	MTH	BLDG-RSIDNT/COMML	88.9	95	79	95	B	A-
80	Vista Enregy	VIST	OIL&GAS-INTL EXPL PR	88.4	63	29	89	A	B-
81	BoiseCascade	BCC	BLDG-WOOD PRDS	88.4	82	68	96	C	B-
82	Azek Co A	AZEK	BLDG-CNSTR PRDS/MSC	88.2	98	92	94	C	A-
83	Worthington	WOR	METAL PROC & FABRICA	87.8	91	97	95	C	A+
84	FormFactor	FORM	ELEC-SEMICNDCTR EQP	87.6	57	26	91	C	B-
85	Lennox	LII	BLDG-A/C & HEATING P	87.1	90	95	94	..	C
86	Jabil	JBL	ELEC-CONTRACT MFG	86.8	86	93	89	C	C
87	Wingstop	WING	RETAIL-RESTAURANTS	86.4	87	98	94	..	A-
88	Photronics	PLAB	ELEC-SEMICNDCTR EQP	86.4	95	94	96	B	B+
89	LamRsr	LRCX	ELEC-SEMICNDCTR EQP	86.4	80	64	93	B	B-
90	MercadoLibre	MELI	RETAIL-INTERNET	85.7	98	83	92	A	B+
91	Vertex	VERX	COMPTR SFTWR-FINCL	85.7	97	95	92	A	C-
92	VitaCocoCos	COCO	BEV-NON-ALCOHOLIC	85.6	86	90	83	C	D+
93	AltairEngin	ALTR	COMPTER SFTWR-DSGN	85.1	96	96	91	B	A
94	Atlassian A	TEAM	CMP SFTWR-SPC-ENTR	84.9	98	99	93	A	A
95	RadNet	RDNT	MDCAL-OUTPNT/HM CR	84.7	75	79	91	C	B
96	Esab Corp	ESAB	MCHNRY-GEN INDSTRL	84.6	93	86	93	B	B+
97	Cloudflare	NET	COMPTR SFTWR-ENTR	84.2	97	82	93	B	A-
98	Api Group	APG	SECURITY/SFTY	83.9	94	89	94	B	A-
99	Li Auto	LI	AUTO MANUFACTURERS	83.5	78	82	89	B	C-
100	Nutanix	NTNX	COMPTR SFTWR-ENTR	83.1	92	82	96	..	A+

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100 Best Stocks 2023: Nvidia Among Magnificent Seven Stocks Listed (2024)

FAQs

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.

Read On ›

What are the magnificent 7 stocks in 2024? ›

In the first quarter of 2024, Microsoft, Nvidia, Amazon and Meta continued to rise, jumping 12%, 82% 19% and 37% respectively. Apple and Tesla were both down for the quarter 11% and 29% respectively, and Alphabet struggled before ending the first three months of the year up 8%.

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Is Nvidia still a good buy? ›

NVIDIA (NVDA)

Its Relative Strength Rating of 98 also shows that it outperforms the vast majority of stocks in the Investor's Business Daily database. Nvidia also is one of the Magnificent Seven stocks that led the 2023 stock rally.

Which stock gives the highest return in 2023? ›

High growth stocks-2023

S.No.	Name	1Yr return %
1.	Swadeshi Polytex	573.81
2.	Cons. Finvest	114.97
3.	Jai Balaji Inds.	1600.67
4.	Crest Ventures	143.70

17 more rows

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Which stock gives the highest return? ›

More Collections >

Name	3Y Return	Net Profit YoY %
Reliance Industries Ltd	60.04%	9.2%
Tata Consultancy Services Ltd	27.61%	8.97%
ICICI Bank Ltd	87.02%	35.55%
Bharti Airtel Ltd	136.54%	47.95%

8 more rows

Find Out More ›

Is NVDA a buy or sell? ›

Nvidia's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.

Tell Me More ›

Which magnificent 7 stocks pay dividends? ›

But three of the Magnificent Seven -- Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA) -- pay a dividend, so they offer investors a modest income stream on top of their spectacular growth.

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What stocks are Nancy Pelosi buying? ›

8 Top Nancy Pelosi Stocks to Buy

Palo Alto Networks Inc. (ticker: PANW)
Nvidia Corp. (NVDA)
Apple Inc. (AAPL)
Microsoft Corp. (MSFT)
Alphabet Inc. (GOOG)
Tesla Inc. (TSLA)
AllianceBernstein Holding LP (AB)
Walt Disney Co. (DIS)

Explore More ›

What is the cheapest magnificent 7 stock? ›

Ranking the Magnificent Seven stocks from cheapest to priciest using a common valuation tool

Alphabet (Class A shares, GOOGL): 17.83 forward P/E ratio.
Meta Platforms: 21.56.
Apple: 23.9.
Nvidia: 30.43.
Microsoft: 31.07.
Amazon: 33.95.
Tesla: 41.14.

Mar 15, 2024

What stock will go up the most in 2024? ›

10 Best Growth Stocks to Buy for 2024

Stock	Implied upside from April 25 close*
Tesla Inc. (TSLA)	23.4%
Mastercard Inc. (MA)	19%
Salesforce Inc. (CRM)	20.8%
Advanced Micro Devices Inc. (AMD)	30.1%

6 more rows

Apr 26, 2024

Show Me More ›

What 7 stocks could double or triple in 2024? ›

Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.

Read The Full Story ›

Should I hold Nvidia stock? ›

The NVIDIA stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

See Details ›

Is Nvidia a safe long-term investment? ›

Nvidia (NVDA 1.27%) is a prime example of what a successful buy-and-hold investment can deliver over the long run. An investor who put $10,000 into Nvidia stock a decade ago and held on would be sitting on a position worth more than $1.8 million right now and more than $1.9 million with dividends reinvested.

Get More Info Here ›

Who is Nvidia's biggest rival? ›

Nvidia has identified Chinese tech company Huawei as one of its top competitors in various categories such as chip production, AI and cloud services.

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

The Worst-Performing Stocks of 2023

Lumen Technologies Inc Ordinary Shares. (LUMN)
Eversource Energy. (ES)
SunPower Corp. (SPWR)
SolarEdge Technologies Inc. (SEDG)
Moderna Inc. (MRNA)

Jan 3, 2024

Which stocks doubled in 2023? ›

And companies were eager to tell investors and customers how they were incorporating AI into their businesses so that they wouldn't miss out on the hype. 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.

View Details ›

Which stocks are performing well? ›

High Performing Stocks

S.No.	Name	Qtr Profit Var %
1.	Maruti Suzuki	47.05
2.	Nestle India	25.79
3.	Polycab India	28.46
4.	Persistent Sys	25.37

23 more rows

What stock is going to boom in 2024? ›

2024's 10 Best-Performing Stocks

Stock	2024 Return Through April 30
Cullinan Therapeutics Inc. (CGEM)	165.1%
Avidity Biosciences Inc. (RNA)	166.6%
Trump Media & Technology Group Corp. (DJT)	185.3%
Canopy Growth Corp. (CGC)	191.2%

6 more rows

May 3, 2024

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