Want to know the best stocks to invest in during 2023?
To help you make the right decision, we’ve compiled a list of 25 of the companies likely to be most popular with investors.
The stocks on this list come from various industries, including technology, healthcare, and consumer goods.
Please remember that this is not investment advice but a helpful guide to gain insight into the best stocks in 2023.
25. Walt Disney (NYSE:DIS)
Disney is not only an entertainment powerhouse, but it is also one of the best-performing stocks over the last 30 years.
Disney has shown the ability to handle changes in media. They have adapted to the rise of online streaming and have become a dominant force in the streaming industry. Disney+ has added additional revenue streams to the company, making it one of the safest stocks to invest in in 2023.
Pros
Disney has a long history of success and is well-positioned to capitalize on streaming growth. It also pays a healthy dividend.
Cons
The stock has had a good run; some think it is at its peak.
24. JPMorgan Chase (NYSE:JPM)
JPMorgan Chase has a rich history dating back more than 200 years. During this time, it has evolved to become one of the most influential members of the global banking industry.
JPMorgan has steadily acquired other banks and has over 1,200 institutions under its banner. The company is well-positioned to capitalize on the post-pandemic economy and offers a modest dividend of 2.72%.
Pros
JPMorgan is a global banking powerhouse well-positioned to capitalize on the post-pandemic economy. Its dividend is also attractive.
Cons
The stock can be volatile and is heavily affected by global events. It is also more expensive than other stocks.
23. Altria (NYSE:MO)
Altria tobacco is a steady riser and has diversified. Its diversification has allowed this company to handle changes in the tobacco industry and the challenges with vaping and smoking.
Pros
The company has an attractive dividend of 9.12%, one of the highest on this list. It also has a long history of success and is well-positioned to capitalize on changing trends.
Cons
Some individuals may have moral reservations about investing in a tobacco company.
22. Samsung Electronics (KRX:005930)
Samsung Electronics has expanded rapidly over the last 30 years. This tech giant produces some of the world’s best software and innovates in artificial intelligence and cloud computing.
Pros
Samsung is well-positioned to capitalize on the shift toward digital businesses. It pays a modest dividend of 0.62%.
Cons
Samsung has been hit hard by the US-China trade war.
21. Nvidia (NASDAQ:NVDA)
Nvidia has taken advantage of the rise of computing and has leveraged recent chip shortages to become a high-flying tech stock.
Pros
Nvidia is well-positioned in the gaming and artificial intelligence markets and can capitalize on future trends. It also pays a modest dividend of 0.54%.
Cons
Global events heavily affect the stock, and its share price can be volatile.
20. Intel (NASDAQ:INTC)
Intel is one of several tech giants on this list. Despite the changes in the technology space, Itel has kept up with the times by innovating and leveraging its expertise in producing CPUs.
Pros
Intel continues to produce some of the best CPUs in the world, and the demand for processing units shows no sign of slowing down.
Cons
Intel failed to invest in mobile technology and applications.
Meta is one of the most well-known companies in the world and is a leader in social media. Meta has been able to capitalize on the rise of online advertising, helping it become one of the most successful stocks in history.
Pros
Despite many new competitors joining the field, Meta still dominates the social media space.
Cons
There are concerns about Meta’s monopoly on the social media and the desire for many countries to regulate this industry.
18. Oracle (NYSE:ORCL)
Oracle is a well-known tech company that produces databases and cloud services. Oracle has remained relevant in technology by constantly evolving and adapting to new trends.
Pros
Oracle is a leader in the cloud computing space and has consistently produced innovative software and services.
Cons
There are concerns that Oracle is too reliant on its enterprise customers. Additionally, there is increasing competition from Amazon Web Services.
17. Exxon Mobil (NYSE:XOM)
Exxon Mobil has shifted its focus from traditional oil and gas to renewable energy, helping it remain relevant in a changing world.
Pros
Exxon Mobil is well-positioned to capitalize on the shift towards renewable energy, and it still has a significant presence in traditional oil and gas.
Cons
Exxon Mobil is exposed to global events, and its stock can still be volatile. Additionally, some investors may have moral reservations about investing in an oil company.
16. Roche (OTCMKTS:RHHBY)
Roche is a Swiss pharmaceutical company and one of the most innovative companies in its space. It has a long history of success and is well-positioned to capitalize on new trends.
Pros
Over the past few years, Roche has developed some of the best drugs in its class and has been able to capitalize on this success.
Cons
Drug development is a long and expensive process, and it can take several years for Roche to see any return on its investments.
15. Taiwan Semiconductor (TPE:2330)
Taiwan Semiconductor is a leader in the semiconductor industry and has a long history of success.
Pros
Taiwan Semiconductor is well-positioned to capitalize on the demand for mobile technology and has effectively leveraged its expertise in this space.
Cons
Taiwan remains under the specter of a Chinese invasion. A conflict would devastate this company.
14. UnitedHealth Group (NYSE:UNH)
UnitedHealth Group is one of the largest healthcare companies in the world. The company has adapted to new trends, like telemedicine.
Pros
UnitedHealth Group has been able to capitalize on the demand for healthcare services and is well-positioned to continue its success in the future.
Cons
US healthcare legislation would heavily impact UnitedHealth Group.
13. Alibaba (NYSE:BABA)
Alibaba is the world’s largest e-commerce company and has been a leader in the space for many years.
Pros
Alibaba is well-positioned to capitalize on the growing demand for e-commerce services, and its technology has been consistently innovative.
Cons
Many countries attempt to regulate e-commerce, which could hurt Alibaba’s business.
12. Coca-Cola (NYSE:KO)
Coca-Cola is one of the world’s most iconic companies and is a beverage industry leader.
Pros
People love coca-cola, and the company continues to find new markets for its product.
Cons
The demand for soda has been declining in many countries, and Coca-Cola’s business is still heavily reliant on this product.
11. Microsoft (NASDAQ:MSFT)
Microsoft is one of the world’s leading technology companies and has successfully adapted to changing trends.
Pros
Microsoft has consistently produced innovative products and services and is well-positioned to capitalize on the rising demand for cloud computing.
Cons
Microsoft is heavily reliant on its enterprise customers, and any slowdown in demand for its services could negatively impact its stock.
10. Apple (NASDAQ:AAPL)
Apple is one of the world’s most iconic brands and has been a mobile phone and computing industry leader for over 30 years.
Pros
The iPhone is the world’s most popular mobile device and is a significant driver of Apple’s success.
Cons
Apple is heavily reliant on the iPhone for its revenue, and any downturn in popularity could heavily impact the value of the stock.
9. Berkshire Hathaway (NYSE:BRK.B)
Berkshire Hathaway is one of the world’s leading holding companies managed by legendary investor Warren Buffett.
Pros
Berkshire Hathaway is a diversified holding company that consistently delivers strong returns to its shareholders.
Cons
Market conditions can heavily impact Berkshire Hathaway’s portfolio, and the company cannot adjust its investments in response.
8. Home Depot (NYSE:HD)
Home Depot is one of the world’s leading home improvement retailers and has consistently been able to capitalize on consumer trends.
Pros
Home Depot is well-positioned to capitalize on the rising demand for home improvement services and products.
Cons
Home Depot has many retail locations. The company has managed to keep customers coming into stores but could suffer if people switch to more online shopping.
7. Tesla (NASDAQ:TSLA)
Tesla is a leader in the electric vehicle industry, and its electric cars are some of the most popular in the world.
Pros
Tesla continues to innovate in the e-vehicle market. Tesla’s electronic trucks are the most recent example of this.
Cons
Tesla’s stock heavily depends on the company’s ability to deliver new products and services. The company has experience delays in the past, and if this happens again, it could cause its stock price to decrease.
6. Amazon (NASDAQ:AMZN)
Amazon is the world’s largest online retailer and has been a leader in the e-commerce market for many years. With all experts agreeing that Amazon is here to stay, we can easily say that it is one of the best stocks to invest in 2023
Pros
Amazon has nearly unlimited potential for growth due to its strong brand and technological capabilities. Additionally, the worldwide trend in retail continues to shift toward e-commerce.
Cons
Amazon is heavily reliant on the success of its Prime subscription service. If the service fails to attract and retain new subscribers, it could hurt its stock price in the long run.
5. Walmart (NYSE:WMT)
Walmart is the world’s largest retailer and has been a leader in brick-and-mortar retail for many years.
Pros
Walmart has a long-standing reputation for low prices and is well-positioned to capitalize on the growing trend towards online shopping.
Cons
Walmart relies heavily on its retail locations and could face difficulties if consumers continue to switch away from brick-and-mortar shopping.
4. Etsy (NASDAQ:ETSY)
Etsy is an online marketplace focused on handmade and vintage products.
Pros
Etsy has been able to capitalize on the growing trend towards handmade items and is well-positioned to capitalize on this trend.
Cons
Etsy faces competition from larger e-commerce companies, including Alibaba and Amazon.
3. Shopify (NYSE:SHOP)
Shopify is an e-commerce platform enabling businesses to build and manage online stores. With the rapid growth of ecommerce and solid foreseeable future it is one of the best stocks to invest in 2023
Pros
Shopify offers a wide range of tools and services that make it easy for businesses to create online stores.
Cons
Shopify is highly dependent on its relationship with Facebook, which has recently come under fire for its data and privacy policies.
2. Nestle (OCTMKTS:NSRGY)
Nestle is a Swiss multinational food and beverage company.
Pros
Nestle has consistently delivered solid returns for its shareholders and is well-positioned to capitalize on the growing trend toward health and wellness products.
Cons
Nestle relies heavily on its existing product portfolio and could face difficulties if it fails to innovate in the health and wellness space.
1. Alphabet (NASDAQ:GOOGL)
Alphabet is the parent company of Google and a leader in the technology sector and it is still considered one of the best stocks to invest in 2023
Pros
Alphabet has strong brand recognition and a wide range of products and services, making it a technology sector leader.
Cons
Alphabet is heavily reliant on its advertising revenue, which can be volatile and unpredictable. Additionally, the company faces competition from smaller businesses in the technology space, particularly those using artificial intelligence (AI).
Would you like stock ideas direct to your inbox every week? Hedge Fund Manager gives his ‘Big Five’ every week in his Capitalist Exploits newsletter. Subscribe HERE for an exclusive discount.
