In the first three quarters of 2023, shares of tech giant Nvidia (NASDAQ: NVDA) and social media behemoth Meta Platforms (NASDAQ: META) -- in that order -- were the two best performers among 500 stocks on the S 500 index. This remains true for the year through Oct. 17. (Electric vehicle pioneer Tesla is currently in a fairly distant third place, though this article is just focused on the top two performers.) 

For context, the S 500 returned 15.4% this year through Oct. 17, while the tech-heavy Nasdaq Composite returned 30.2% over this period.

Before we dig in, it's worth noting that while Nvidia and Meta Platforms operate in different industries, they have two key things in common:

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Source Fool.com