The 2 Best Stocks on the S&P Index in 2023 So Far: Nvidia and Meta Platforms
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:
Source Fool.com
Meta Platforms Inc. Stock
€434.85
1.360%
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 14.98% for Meta Platforms Inc. compared to the current price of 434.85 €.
