The best profitable US stocks 2023
Are you looking for the best US stocks with high growth potential so that your investment can grow and prosper with it? Here is a list of the best US stocks for investment.
It is not easy to find the best US stocks worth buying, as investors should evaluate well the performance of selected stocks in the long term without worrying about the unavoidable short-term fluctuations. Do not rush to make investment decisions that may not be in your interest or the interest of your money. Make sure to choose the stocks that suit your financial goals and your own portfolio, because what suits you may not suit others, and what suits others may not suit you.
20 best US stocks worth buying in 2023
MRNA stock of Moderna Inc. with an annual performance of 44%.
Moderna Inc. is a biotechnology company focused on creating transformative ribonucleic acid (mRNA)-based medicines that seek to improve patients’ lives by targeting and stimulating the body’s cells to produce proteins or secretions that have a therapeutic or protective benefit, which can help prevent Treating a wide range of diseases. It also develops vaccines and treatments for infectious diseases, immuno-oncology, rare diseases, autoimmune diseases and cardiovascular diseases. This company has also come up with a set of innovative methods to help treat a group of incurable diseases such as preventive vaccines and cancer vaccines. Its stock is one of the best US stocks to buy.
DVN stock is Devon Energy Corp., with an annual performance of 98%.
Devon Energy is an American energy company engaged in hydrocarbon exploration. This company is organized in Delaware and has its operational headquarters in the 50-story Devon Energy Center in Oklahoma City. It is a leading independent company in the exploration and production of oil and natural gas.
The company’s portfolio of oil and gas properties provides a stable, environmentally responsible production and platform for future growth. The company’s daily production in the last quarter of 2020 was nearly 300,000 barrels of oil, more than 125,000 barrels of natural gas liquids and about 920 million cubic feet of natural gas and it was ranked 520 on the Fortune 500 list.
Marathon Oil Corp.’s MRO stock has an annual performance of 68%
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Marathon Oil (NYSE: MPC) is a leading independent exploration and production (E&P) company focused on four of the most competitive resources in the United States. With owning a world-class integrated gas company in Equatorial Guinea. Headquartered in Findlay, Ohio, the company operates the largest refining system in the entire United States.
BBWI stock of Bath & Body Works Inc. 87% YoY.
Bath & Body Works Inc. It is an American chain of retail stores that sells soaps, lotions, perfumes, and candles. This company was founded in 1990 in New Albany, Ohio and has since expanded across 6 continents. In 1997, it was ranked as the largest chain of bathroom stores in the United States of America. It specializes in manufacturing shower gels, lotions, perfumes, creams, and candles. Its stock is considered one of the best US stocks for investment due to its high annual performance.
FTNT stock of Fortinet Inc. with an annual performance of 45%.
Fortinet (NASDAQ: FTNT) is the world’s largest security organization and premier security company, which develops and builds dedicated Security Processing Unit (SPU) technology with the purpose of delivering best performance to its corporate clients at the best cost value in the industry. Fortinet enables its customers to provide intelligent and seamless protection across an ever-expanding attack space and the ability to meet the ever-increasing performance demands of a borderless network. Fortinet is the most trusted security appliance worldwide and is trusted by more than 500,000 customers to protect their business and virtual space.
Diamondback Energy Inc.’s FANG stock has an annual performance of 47%.
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas. This company is focused on the acquisition, development, exploration and exploitation of onshore unconventional oil and natural gas reserves in the Permian Basin of West Texas. As at December 31, 2020, the Company held 1,316 million barrels of oil equivalent, of which 58% is petroleum, 20% is natural gas, and 22% is natural gas liquids.
GNRC stock of Generac Holdings Inc. with an annual performance of 23%.
Generac is a leading global designer and manufacturer of a broad range of power technology solutions. The company provides power generation equipment, energy storage systems, grid service solutions and other energy products that serve the residential, commercial and light industrial markets. Energy generation and storage is one of the main areas of focus for Generac, which sets the company apart from its competitors in the industry. As the single significant market participant with the primary focus on these products, it maintains its leading position in the US market while continually growing its presence internationally. In 2020, the company entered the network services market that includes distributed power optimization and control software that helps support the operational stability of global power grids. It has also focused on delivery The equipment you make to your users, and this helps increase value to customers and distribution partners over the life cycle of the product.
NUE stock of Nucor Corp. with an annual performance of 91%.
Nucor Corporation is a producer of steel and related products headquartered in Charlotte, North Carolina. It is the largest steel producer in the United States, as well as the largest steelmaker that uses electric arc furnaces to melt steel scrap instead of blast furnaces to melt iron. This company is also known as the largest scrap recycling company in North America.
IT stock of Gartner Inc. with an annual performance of 20%.
Gartner is a technology consulting and research firm headquartered in Stamford, Connecticut. This company provides research, executive programs, consulting, and conference services. Gartner’s customer base includes large corporations, government agencies, technology companies, and the investment community. In 2018, the company had reported that its customer base consisted of more than 12,000 organizations in more than 100 countries. Founded in 1979, the company has more than 15,000 employees in more than 100 locations around the world.
NVDA stock is NVIDIA Corporation, with an annual performance of 84%.
Nvidia Corporation is an American multinational technology company incorporated in Delaware and headquartered in Santa Clara, California. This company designs graphics processing units (GPUs) for the gaming and professional markets, as well as system chip units (SoCs) for the mobile computing and automotive markets. The company sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. Graphics Processing Units (GPU) based on modern artificial intelligence can act as the brain of computers, robots and self-driving cars that can perceive and understand the world which will lead the world of computing to its next advanced era. Its stock is considered one of the best US stocks for investment due to the company’s high potential for growth.
F stock of Ford Motor Co. with an annual performance of 31%.
Ford Motor Company is an American multinational automobile manufacturer, headquartered in Dearborn, Michigan, in the United States. The Ford Motor Company designs, manufactures, and markets a full line of Ford trucks, utility vehicles, and automobiles, as well as Lincoln luxury automobiles. The most important activities of Ford related to the automotive sector are the development, manufacture and distribution of vehicles and spare parts, and the manufacture of automobile accessories.
Occidental Petroleum Corp.’s OXY stock has an annual performance of 70%.
Occidental Petroleum is an American energy company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as the petrochemical industry in the United States, Canada, and Chile. It is organized in Delaware and headquartered in Houston. The company conducts its oil and gas exploration and production activities in the United States, the Middle East and Africa. This company is ranked 167th in the Fortune 500 list and 669th in the Forbes Global 2000 list.
EOG stock is EOG Resources Inc., with an annual performance of 76%.
EOG Resources is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and is located in the Heritage Plaza Building in Houston, Texas. This company is ranked 186th on the Fortune 500 list and 337th on the Forbes Global 2000 list. The activities of the company are concentrated in the exploration, development, production and marketing of crude oil and natural gas. It operates in the United States, Trinidad, and some other countries.
Conocophillips COP 27% YoY.
ConocoPhillips is Alaska’s largest crude oil producer and largest exploration and exploration contract holder, with approximately 1.3 million undeveloped acres at the end of last year. It is an American multinational company specialized in hydrocarbon exploration and headquartered in Houston, Texas. The company operates in 17 countries with large production quantities distributed over all of these countries. Almost a third of the company’s production is located in the US, Alaska. It has exploration operations in the Cook Inlet region, the Alpine oil field off the Colville River, the Coparc oil field and the Prudhoe Bay oil field on Alaska’s North Slope.
SIVB shares of SVB Financial Group with an annual performance of 98%.
SVB Financial Group is a financial services company that is also a bank holding and financial holding company. Its subsidiaries include Global Commercial Bank (GCB), SVB Private Bank, SVB Capital and SVB Leerink. The Company, through subsidiaries and affiliates, provides a suite of banking and financial products and services to clients throughout the United States of America. It offers diversified services in the technology, life sciences, healthcare, private equity, venture capital management, and wine industries. The bank and its other subsidiaries also provide asset management, private wealth management, brokerage and other investment services.
APA stock of APA Corporation with an annual performance of 71%.
APA is the holding company of Apache Corporation, an American hydrocarbon exploration company. It is organized in the state of Delaware and is headquartered in Houston. APA Corporation subsidiaries operate in the United States, Western Sahara in Egypt, the North Sea in the United Kingdom, and Suriname. This company is ranked 595th on the Fortune 500 list.
RHI stock of Robert Half International Inc. with an annual performance of 97%.
Robert Half International is a global human resources consulting firm headquartered in Menlo Park, California. Founded in 1948, the firm is a member of the S&P 500 index. It is credited as the world’s first and largest accounting and financial staffing firm, with more than 345 headquarters worldwide. It operates across three main divisions: Temporary Recruitment, Permanent Recruitment, Risk Consulting and Internal Audit Services.
MOS stock for the Mosaic Company, with an annual performance of 66%.
Mosaic is one of the Fortune 500 companies and is headquartered in Florida. This company mines phosphate and potash, operates through segments such as international distribution and is the largest producer of potash and phosphate fertilizers in the United States of America.
CRL stock of Charles River Laboratories International Inc. 57% YoY.
It is an American pharmaceutical company that specializes in a variety of types of preclinical and clinical laboratory, gene therapy, and cell therapy services for the pharmaceutical, medical device, and biotechnology industries. This company manufactures a variety of biomedical products and outsourcing research and development services to the pharmaceutical industry as research organization services that help many companies develop effective medicines. Its broad portfolio allowed it to support the development of nearly 85% of the drugs approved by the FDA in 2018.
ODFL stock of Old Dominion Freight Line Inc. with an annual performance of 74.89%.
Old Dominion Freight Line is an American company that operates under the less-than-tonnage (LTL) freight system. In addition to core LTL services, this company offers a range of logistics services that include road and air express transportation as well as supply chain consulting, transportation management, warehousing, as well as home moving services. It has contract shipping services all over the world.
Alternative Best Single US Stocks for Beginners:
For beginners and new investors, the process of selecting the best suitable individual stocks, whether US or otherwise, is difficult because it requires a lot of analytical skills based on in-depth and objective research. For this reason, financial advisors advise new investors to invest their money in mutual funds and funds traded in the US market, which provide an opportunity to invest in a variety of the best US stocks, and a financial expert manages them for them.
When a diversified group of individual stocks is invested through an index fund such as the S&P 500—which includes nearly 500 of the largest companies in the United States and has maintained an annual return of nearly 10% since 1928—then a diversified portfolio becomes More powerful and more profitable.
An S&P 500 index fund or ETF will aim to mimic the performance of the index by investing in the companies that make up that index. Similarly, investors can track the Dow Jones Industrial Average with an associated index fund. In an index fund, stocks moving up and moving down are balanced so that you don’t have to worry about them. This is why many financial advisors believe that low-cost index funds and exchange-traded funds should form the foundation of a long-term portfolio, especially in the case of beginners and newcomers.
Summary
Index funds will not and are not supposed to outperform the market. The goal of an index fund is to match the returns that are recorded for its index – for an S&P 500 index fund, the index itself is the benchmark. There are index funds that track a range of underlying assets, from penny stocks to international stocks, bonds and commodities such as gold.
Index funds are diverse in nature, depending on the market sector they track. For this reason, all it takes is investing in these funds to build a diversified and effective portfolio. These mutual funds are also less risky compared to investing in individual stocks.
Some might argue that mutual funds are less exciting compared to picking and investing in individual stocks. If you are looking for the enthusiasm of picking the best US stocks, you may consider a compromise that may serve your interest better and avoid losing everything, which is to allocate a small part of your portfolio to invest in individual stocks that you expect to rise, and use the rest to invest in funds.
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