"Revealed: Top 2 S&P 500 Stock Performers of 2023"

1 min read
Source: Yahoo Finance
"Revealed: Top 2 S&P 500 Stock Performers of 2023"
Photo: Yahoo Finance
TL;DR Summary

In 2023, the S&P 500 index outperformed expectations, closing at 4,769, led by Meta Platforms and Nvidia, with gains of 194% and 239% respectively. Meta's turnaround was driven by a focus on efficiency, AI-driven content recommendations, and a recovering ad market, while Nvidia's success was fueled by its dominance in AI data center chips. Both companies are expected to continue their upward trajectory in 2024, with Wall Street predicting further increases in revenue and earnings.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

5 min

vs 6 min read

Condensed

93%

1,11775 words

Want the full story? Read the original article

Read on Yahoo Finance