What stocks will boom in December 2023?
Best-Performing Stocks of December 2023
December 2023 Market Summary
For the year, the Dow logged a 16.2% gain, the S&P 500 added 26.3%, and the NASDAQ blazed higher by 44.6%. All eleven sectors posted a positive December. Real Estate led the way with an 8.8% increase, followed by a 7.1% advance in Industrials and 6.1% in Consumer Discretionary.
- Nvidia: 239% -- technology.
- Meta Platforms: 194% -- communications services.
- Royal Caribbean: 162% -- consumer discretionary.
- Builders FirstSource: 157% -- industrials.
- Uber: 149% -- industrials.
Tata Motors share price has doubled in 2023, making it the only stock in the Nifty 50 index to achieve this feat this year. Tata Motors share price has doubled in 2023, making it the only stock in the Nifty 50 index to achieve this feat this year.
Good Tidings
Let's review the good times of late 2023. The S&P 500, which tracks the most valuable stocks in the U.S. market, rose 11.2 percent in the last quarter β and had a total return of 11.7 percent, including dividends. For the year, it gained 24.2 percent and returned 26.3 percent, including dividends.
- Consumer staples. ...
- Precious metals. ...
- Healthcare.
Morgan Stanley's chief U.S. equity strategist β who was one of the very few that had correctly predicted the 2022 stock market collapse β announced in early 2023 that stocks would fall so much during the first half of the year that even with a second-half rally they would close the year flat.
Nvidia (NVDA)
While it may seem strange to assert that Nvidia (NASDAQ:NVDA) stock has the potential to double in 2024 following its historic year in 2023, that is indeed the case. Analysts on Wall Street believe that the AI leader's shares could rise to $1,100 in 2024.
Stock | Expected Change in Stock Price* |
---|---|
Tesla Inc. (TSLA) | 61% |
Mastercard Inc. (MA) | 14.2% |
Salesforce Inc. (CRM) | 7.2% |
Advanced Micro Devices Inc. (AMD) | 11.3% |
The stock he keeps buying
Throughout 2023, Buffett consistently added more shares to one of Berkshire's top holdings, Occidental Petroleum (OXY -0.04%). Berkshire Hathaway established its position in the company when it put up $10 billion in capital to facilitate Occidental's acquisition of Anadarko.
What to invest in December 2023?
- High-yield savings accounts. ...
- Short-term corporate bond funds. ...
- Money market accounts. ...
- Cash management accounts. ...
- Short-term U.S. government bond funds. ...
- No-penalty certificates of deposit. ...
- Treasurys. ...
- Money market mutual funds.
S.No. | Name | CMP Rs. |
---|---|---|
2. | Jai Balaji Inds. | 902.05 |
3. | Insolation Ener | 1640.00 |
4. | Waaree Renewab. | 1431.00 |
5. | Cupid | 2243.00 |
S.No. | Name | ROCE % |
---|---|---|
1. | CG Power & Indu. | 61.65 |
2. | Solar Industries | 34.72 |
3. | A B B | 30.49 |
4. | Hitachi Energy | 12.91 |
- ACM Research, Inc. (NASDAQ:ACMR) ...
- Rover Group, Inc. (NASDAQ:ROVR) ...
- FTAI Aviation Ltd. (NASDAQ:FTAI) ...
- Applied Digital Corporation (NASDAQ:APLD) YTD Performance Through November 13: +154.89% ...
- Talkspace, Inc. (NASDAQ:TALK) ...
- Oscar Health, Inc. (NYSE:OSCR) ...
- Duolingo, Inc. (NASDAQ:DUOL)
Key Takeaways. While holding or moving to cash might feel good mentally and help avoid short-term stock market volatility, it is unlikely to be wise over the long term. Once you cash out a stock that's dropped in price, you move from a paper loss to an actual loss.
S.No. | Company | Industry/Sector |
---|---|---|
1. | Tata Consultancy Services Ltd | IT - Software |
2. | Infosys Ltd | IT - Software |
3. | Hindustan Unilever Ltd | FMCG |
4. | Reliance Industries Ltd | Refineries |
- Healthcare. ...
- Personal Care and Service. ...
- Travel, Leisure, and Hospitality. ...
- Commercial and Residential Construction. ...
- Manufacturing. ...
- Information Technology and Artificial Intelligence (AI) ...
- Financial Services. ...
- Human Resources.
Rank | Industry | Employment |
---|---|---|
2022 | ||
1 | Solar electric power generation | 8,400 |
3 | Wind electric power generation | 8,000 |
4 | Other electric power generation | 3,400 |
SolarEdge, Plug Power, Moderna, and Pfizer are among the year's biggest losing stocks.
Will stocks continue to rise 2023?
Key points. The tech sector has led the stock market to impressive gains in 2023. Analysts are generally optimistic about the outlook for stock prices. Inflation and geopolitical conflicts remain risks for investors.
If the fundamental reasons you bought a share no longer hold trueβperhaps due to changes in company leadership, a shift in the company's market, or regulatory changesβit might be time to sell those shares.
S.No. | Name | CMP Rs. |
---|---|---|
1. | Guj. Themis Bio. | 376.05 |
2. | Refex Industries | 145.75 |
3. | Tanla Platforms | 850.10 |
4. | M K Exim India | 75.72 |
Company Name | LTP | % Change |
---|---|---|
DIL | 7.35 | -5.77 |
Kanani Industries | 3.8 | -2.56 |
Dynamic Cables Ltd | 376.5 | -1.06 |
Hilton Metal Forging | 106.7 | -3.61 |
- Etsy, Inc. (NASDAQ:ETSY) 5-Year Average Sales Growth: 45.68% ...
- Elastic N.V. (NYSE:ESTC) 5-Year Average Sales Growth: 47.05% ...
- Smartsheet Inc. (NYSE:SMAR) ...
- Okta, Inc. (NASDAQ:OKTA) ...
- Tesla, Inc. (NASDAQ:TSLA) ...
- MongoDB, Inc. (NASDAQ:MDB) ...
- Tandem Diabetes Care, Inc. (NASDAQ:TNDM)