Tesla, NVIDIA make the list of Wall Street’s top performing large-cap names so far in 2023
The major U.S. equity averages may have stumbled this week, but 2023's early strength has allowed many of Wall Street's biggest names to rally more than 50% so far in the year.
Tesla (NASDAQ:TSLA) and NVIDIA (NASDAQ:NVDA) make the list of the top 10 stocks that hold market caps of at least $10B and have shown the biggest percentage advances so far in 2023. Meanwhile, the leaderboard is topped by a crypto platform that has jumped more than 65% on the year (although it has fallen in the past couple days). It also includes a key electric vehicle player and a high-profile music streaming service provider.
Here are the top 10 performing large-cap stocks over the course of 2023 according to data on Seeking Alpha:
Top 10 2023 Performing Large-Cap Stocks
No. 10: Royal Caribbean Cruises (RCL) +48.7% YTD.
No. 9: Lucid Group (LCID) +50.9% YTD.
No. 8: Warner Bros. Discovery Inc. +51.5% YTD.
No. 7: Align Technology (ALGN) +52.4% YTD.
No. 6: NVIDIA Corporation (NVDA) +52.8% YTD.
No. 5: Spotify Technology (NYSE:SPOT) +53% YTD.
No. 4: Qualtrics International (XM) +53.4% YTD.
No. 3: Catalent (CTLT) +59.9% YTD.
No. 2: Tesla (TSLA) +68.3% YTD.
No. 1: Coinbase Global (NASDAQ:COIN) +68.5% YTD.
Looking at Friday's market action, the major averages opened up trading with a mixed performance following Thursday's move lower.
Now read: Qualtrics International: Great Growth, Interesting Catalyst Create Enthusiasm