Zero Hedge Visualizing The S&P 500 In 2023 So Far With one quarter of 2023 in the books, how has the S&P 500 performed so far? The index had a tumultuous 2022, ending the year down 18%, its worst performance since 2008. But so far, despite dealing with tight monetary conditions and an unexpected banking crisis, the S&P 500 has promptly started to rebound. The animation below from Visual Capitalist''s Jan Varsava shows the stock performance of each company on the S&P 500 , categorized by sector. Biggest Gainers on the S&P 500 The S&P 500 increased 7.5% during the first quarter of 2023. Though it was led by a few big outperformers, more than half of the stocks on the index closed above their end-of-December prices. Here are the top 30 biggest gainers on the index from January 1 to March 31, 2023. Rank Company 3-Month Return 1 Nvidia 90.1% 2 Meta (Facebook) 76.1% 3 Tesla 68.4% 4 Warner Bros. Discovery 59.3% 5 Align Technology 58.4% 6 AMD 51.3% 7 Salesforce 50.7% 8 West Pharmaceuticals 47.3% 9 General Electric 46.3% 10 Catalent 46.0% 11 First Solar 45.2% 12 Monolithic Power Systems 41.8% 13 MarketAxess Holdings 40.6% 14 GE Healthcare Tech 40.5% 15 Arista Networks 38.3% 16 ANSYS Inc. 37.8% 17 Fortinet Inc. 35.9% 18 Wynn Resorts 35.7% 19 Paramount Global 33.8% 20 FedEx Corp 32.7% 21 MGM Resorts 32.5% 22 Royal Caribbean Group 32.1% 23 ON Semiconductor Corp 32.0% 24 Booking Holdings 31.6% 25 Cadence Design Systems 30.8% 26 Skyworks Solutions 30.2% 27 Pulte Group 28.4% 28 Seagate Technology 27.1% 29 Apple 27.1% 30 Lam Research 26.6% Nvidia shares gained the most of all the companies on the S&P 500 in Q1 2023, posting a staggering 90% return over three months. more…
24/7 Wall street Thursday''s top analyst upgrades and downgrades included Apple, Aramark, Bank of America, Chevron, Diamondback Energy, Exxon Mobil, Goldman Sachs, KeyCorp, Marathon Petroleum, Meta Platforms, Netflix, Nvidia, Pioneer Natural Resources, Rivian Automotive, Schlumberger, Starbucks, Tesla, Walmart and Western Alliance Bancorp. more…
InvestorPlace Today, I want to consider some large-cap sleeper stocks to buy. If you were able to travel back in time one year ago, the current market environment might feel like a bad dream. Twelve months ago, stocks were still in a sustained (albeit somewhat tired-looking) bull run and making new all-time highs. While the Federal Reserve was laying the groundwork for wrapping up its asset purchase program, central bankers were split on whether there would be any interest rate hikes in 2022. Then inflation reared its ugly head, investors began fleeing high-growth stocks and, well, you know how this story goes. Yet, it’s not all doom and gloom. Interest rates remain low from a historical perspective, the labor market is strong, and many large companies are sitting on huge amounts of cash stored up during the pandemic. With each of the three major indices currently in bear-market territory, some of the best stocks are on sale. This presents an opportunity for investors with a long time horizon. So, without further ado, here are seven large-cap sleeper stocks to buy. more…