Among the S&P 500 stocks, Tesla (TSLA) emerged as the best performer, with a remarkable surge of 65% from the start of 2023.
Nvidia (NVDA) and Meta Platforms (META) were two other favorite stocks among investors and were up 55% and 44% respectively over the same period.
Below is a list of top 10 performing S&P 500 component stocks:
Tesla (TSLA) +65%
Discovery (WBD) +58%
Nvidia (NVDA) +55%
Catalent (CTLT) +53%
Align Tech (ALGN) +46%
Royal Caribbean (RCL) +45%
Meta Platforms (META) +44%
United Airlines (UAL) +39%
Monolithic Power Sys (MPWR) +38%
Wynn Resorts (WUNN) +36%
Moving on to the worst-performing S&P 500 stocks, Moderna (MRNA) was the second-worst performer, down 24% year-to-date. Pfizer (PFE) was down by 22% too. It appears that the pandemic fortune for these biotech companies has come to an end.
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