Here's the Best (and the Worst) Performing S&P 500 Stocks in 2023. Time to Buy or Sell?
The S&P 500 index tracks 500 large U.S. companies that collectively represent about 80% of the entire domestic stock market and more than 50% of the global stock market in terms of market capitalization. The index has rocketed 18% higher year to date (as of Nov. 17), as signs of economic resilience have lifted investor sentiment.
During that time, accelerated-computing company Nvidia (NASDAQ: NVDA) saw its share price soar 237%, making it the best-performing stock in the index. Meanwhile, solar-energy company SolarEdge Technologies (NASDAQ: SEDG) saw its share price plunge 72%, making it the worst-performing stock in the index.
I happen to be a shareholder of both. Here's what I plan to do.
Source Fool.com