Nvidia's stock performance in the S&P 500 and Nasdaq 100 during 2023 was exceptional, with a 101.6% increase. The S&P 500 gained 24.2% in 2023, with earnings growing 8.6%, leading to a 14.4% multiple expansion and a year-end P/E ratio of 22.3. Apple, Monster, and Nvidia were the best performing S&P 500 stocks over the last 20 years. Nvidia is projected to have significant revenue growth in FY24 and FY25, driving its outsized returns.
Nvidia $NVDA makes our list as one of 2023’s top 5 stocks, with FY24 revenues projected to increase 118% to $58.8B, followed by 54% growth to $90.7B in FY25. It’s this growth at such scale that has driven Nvidia’s outsized returns this year. https://t.co/Yru0Xcnelf
"Taking all years since 1950, when the S&P 500 rose 20% or more — there were 19 of them — we find that the index gained an average of 9.6% during the next year, with positive performance in 15 of those later years." @jbuchbinder_LPL @LPLResearch https://t.co/MY1EdUyyKD
Visualized: The Top S&P 500 Stocks Over 20 Years 📊 https://t.co/JNVb3FYIaQ https://t.co/MQBN4dj7Pq
The best performing S&P 500 stocks over the last 20 years 🥇 Apple $AAPL 🥈 Monster $MNST 🥉 Nvidia $NVDA https://t.co/o7qNtGNRmG
The S&P 500 gained 24.2% in 2023 while S&P 500 earnings grew 8.6%, leading to a 14.4% multiple expansion and a year-end P/E ratio of 22.3. The average S&P 500 P/E ratio since 1989 is 19.3. https://t.co/HWjZvIDyye
NVIDIA WAS THE BEST PERFORMING STOCK IN THE S&P 500 AND THE NASDAQ 100 DURING 2023 Nvidia's $NVDA stock performance each full year since going public 2000: +39.6%🟢 2001: +308.3%🟢 2002: -82.8%🔴 2003: +101.6%🟢 2004: +1.6%🟢 2005: +55.2%🟢 2006: +102.5%🟢 2007: +37.9%🟢 2008:…