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These were the top 10 performing stocks in the S&P 500 in the first half of 2023

trader NYSE
Reuters
  • US stocks have surged in 2023, with the S&P 500 entering a new bull market after a difficult 2022.

  • Everything from artificial intelligence hype to a rebound in cruise line travel helped drive performance.

  • These were the top 10 performing S&P 500 stocks in the first half of 2023.


With the first half of the year in the books, investors have a lot to reflect on after the S&P 500 exited its 2022 bear market and entered a new bull market.

Stocks have surged as investors gain hope that inflation is easing and a potential recession is farther away than previously expected. 

The S&P 500 has jumped nearly 15% year-to-date, while the Nasdaq 100 is up about 37%. Much of the gains have been driven by hype around artificial intelligence, but the top 10 performing stocks aren't only tech names.

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From home builder companies to cruise line operators, these were the top 10 performing S&P 500 stocks in the first half of 2023.

10. General Electric

GE.
GE.

General Electric reports strong earnings.Hussein Faleh/Getty Images

Ticker: GE
Year-to-date gain: 64.8%

9. PulteGroup

A builder works on a home roof.
A builder works on a home roof.

A builder works on a home roof.Jenn Austin-Driver/Getty Images

Ticker: PHM
Year-to-date gain: 69.8%

8. Norwegian Cruise Lines

Norwegian Cruise Line's Norwegian Prima sailing by New York City
Norwegian Cruise Line's Norwegian Prima sailing by New York City

Norwegian Cruise Line

Ticker: NCLH
Year-to-date gain: 70.8%

7. Advanced Micro Devices

AMD CEO Lisa Su
AMD CEO Lisa Su

AMD CEO Lisa SuSteve Marcus/Reuters

Ticker: AMD
Year-to-date gain: 71.8%

6. Palo Alto Networks

palo alto networks
palo alto networks

Smith Collection/Gado/Getty Images

Ticker: PANW
Year-to-date gain: 81.5%

5. Royal Caribbean Cruises

The Blaster, Royal Caribbean Cruise Ships
The Blaster, Royal Caribbean Cruise ShipsRoyal Caribbean Press

Ticker: RCL
Year-to-date gain: 105.5%

4. Tesla

A red Tesla Model Y seen outside a Tesla showroom
Tesla launched its insurance product in 2019Getty Images

Ticker: TSLA
Year-to-date gain: 109.0%

3. Carnival Corporation

Half Moon Cay, Carnival
Half Moon Cay, Carnival

Cruise Image Library/Holland America Line

Ticker: CCL
Year-to-date gain: 112.9%

2. Meta Platforms

Meta
Meta

Getty Images

Ticker: META
Year-to-date gain: 134.0%

1. Nvidia

Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.
Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.

Jensen Huang, CEO of Nvidia, reacts to a video at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.Rick Wilking/Reuters

Ticker: NVDA
Year-to-date gain: 179.3%

Read the original article on Business Insider