Every year begins with optimism, and 2023 is no different. You would like to put your money where it will grow, affording you the lifestyle you long for. Welcome aboard the express train to financial freedom! We're marching full speed ahead into a profitable year, and what better way to prepare for the ride than by looking at the great stocks to put your money on? So, whether you're a seasoned investor or a curious newbie, sit back, relax, and let's have some fun while we explore the top 10 stocks to watch in 2023.
1. Apple Inc. (AAPL)
Let's start with one of the most popular tech companies, Apple. We all know that Apple is a company that always delivers. It has been consistently growing for years and shows no signs of slowing down. With the launch of new products and services, such as the Apple Watch and Apple TV+, Apple has expanded its reach beyond smartphones and laptops. Apple's stock is always a safe bet and will likely continue growing in 2023.
2. Amazon.com, Inc. (AMZN)
Amazon, the world's largest e-commerce company, is no surprise it's on this list. Amazon's ability to deliver almost anything to your doorstep has become necessary, especially in first-world counties with 24-hour working economies. Amazon's stock has been on the rise for years and is unlikely to stop anytime soon. With Amazon's acquisition of MGM Studios, it will only get bigger and better.
3. Microsoft Corporation (MSFT)
Microsoft is another tech giant that has been around for a while. With its popular operating system, Windows, and cloud computing platform, Azure, Microsoft has been at the forefront of the tech industry for years. With its Xbox console, Microsoft has expanded its reach into other areas, such as gaming. Microsoft's stock has been steadily increasing, and it's likely to continue doing so in 2023.
4. Alphabet Inc. (GOOGL)
Alphabet, the parent company of Google, is another tech giant that's worth keeping an eye on. It's hard to imagine a world without Google because it is the most popular search engine. Alphabet's stock has been on the rise for years and is unlikely to stop anytime soon. With Google's continued dominance in the search engine market and its expansion into other areas, such as self-driving cars, Alphabet's stock is a safe bet.
5. Tesla, Inc. (TSLA)
Tesla needs no introduction. With its popular electric cars and CEO, Elon Musk, one of the most popular figures in the tech industry, Tesla has been making headlines for years. Tesla's stock has been on a rollercoaster ride, but it's likely to continue growing in 2023. With Tesla's continued expansion into other areas, such as solar panels and batteries, Tesla's stock is worth watching.
6. Facebook, Inc. (FB)
Facebook is the largest social media company, with over 2 billion monthly active users; Facebook is a platform here to stay. Facebook's stock has been rising for years and will likely continue in 2023. With Facebook's continued expansion into other areas, such as virtual reality, Facebook's stock is a safe bet.
7. Visa Inc. (V)
Visa is one of the largest payment processors in the world. With its ability to process payments in almost every country, Visa's stock is a safe bet. Visa's stock has been on the rise for years, and with the shift towards a cashless society, it's likely to continue doing so in 2023. Visa's partnership with cryptocurrency platforms, such as Coinbase, shows its willingness to adapt to changing times.
8. Netflix, Inc. (NFLX)
Netflix is the largest streaming platform in the world. With its wide range of original content and its ability to provide endless hours of entertainment, Netflix has become a staple in many households. Netflix's stock has been on the rise for years, and it's likely to continue doing so in 2023. With Netflix's continued expansion into other areas, such as gaming, Netflix's stock is a safe bet.
9. NVIDIA Corporation (NVDA)
NVIDIA is a company that's been making waves in the tech industry for years. With its popular graphics processing units (GPUs), NVIDIA has been at the forefront of the gaming industry. NVIDIA's GPUs are also used in other areas, such as artificial intelligence and self-driving cars. NVIDIA's stock has been rising for years and will likely continue in 2023. With NVIDIA's continued expansion into other areas, NVIDIA's stock is worth keeping an eye on.
10. Square, Inc. (SQ)
Square is a company that's been disrupting the payment processing industry for years. With its ability to provide easy payment processing for small businesses, Square has been growing rapidly. Square's stock has been on the rise for years, and it's likely to continue doing so in 2023. With Square's expansion into other areas, such as cryptocurrency and small business loans, Square's stock is worth watching.
Bonus stocks to watch
There are also many up-and-coming stocks to watch in 2023. These stocks may have a higher level of risk, but they also have the potential for higher returns.
One up-and-coming stock to watch in 2023 is Lemonade Inc. (LMND). Lemonade is a digital insurance company that offers homeowners as well as renters insurance in the United States. With its unique approach to insurance and its use of artificial intelligence, Lemonade has been making waves in the industry. While it's a newer company, its stock has already been on the rise, and it's worth keeping an eye on in 2023.
Another up-and-coming stock to watch in 2023 is FuboTV Inc. (FUBO). FuboTV is a streaming platform that specializes in live sports. With the increasing demand for streaming services and the popularity of live sports, FuboTV has great potential for growth in the coming years. While it's a newer company, its stock has already been on the rise, and it's worth keeping an eye on in 2023.
Conclusion
While investing in the stock market can be risky, the ten companies discussed have a proven track record of growth, and the bonus companies are likely to do very well in the future. As always, make sure you research and consult a financial advisor before making investment decisions.