The 10 Nasdaq stocks that rose the most in 2023

Wall Street


IMPORTANT POINTS:

  • Nasdaq stocks had a great year, with some companies achieving gains of over 100%.
  • In the top 3 of the most winning companies are Nvidia, Meta and CrowdStrike.
  • Additionally, analysts weighed in on what will happen to these stocks next year.

There’s no doubt that technology stocks were the big winners this year, with the Nasdaq closing up an extraordinary nearly 43%.

If we focus on the Nasdaq 100, which are the largest technology companies in market capitalization, the increase in the index amounts to 56%.

The list is led by Nvidia, with a gain of 237%, followed by Meta, with a rise of 150% and the top 3 is completed by CrowdStrike, with an increase of 145%.

The 10 Nasdaq stocks that rose the most in 2023

Within the list, in addition to Nvidia, two other chip manufacturers appear, AMD and Broadcom. Likewise, there is also Tesla, with an increase of almost 110% in the year.

What are analysts’ projections about these companies?

Experts believe that some will once again have a great year, such as Nvidia, which projects an increase of more than 35%. Mongo and Meta are others that would have positive performance, according to analysts.

However, AMDTesla and Broadcom expect to close 2024 in the red.