3 Hot Stocks That Have Already More Than Doubled in 2023

We're now three months deep into 2023, and some stocks squeezed a lot of juice out of their first-quarter performance. The market is higher this year, but a handful of stocks have already more than doubled. Some of the names might surprise you.

Some of the names you might know are Carvana (NYSE: CVNA), Duolingo (NASDAQ: DUOL), and Fastly (NYSE: FSLY). Let's take a closer look at these three unlikely leaders that hit the ground running in 2023.

You might live in a city where a Carvana multilevel glass-enclosed vending machine is a skyline icon. If not, you've probably seen one of its ads. Carvana sells used cars nationwide, and its aggressive expansion at one point served up 23 consecutive quarters of triple-digit growth.

Continue reading


Source Fool.com