- 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.
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
Ticker: GE
Year-to-date gain: 64.8%
9. PulteGroup
Ticker: PHM
Year-to-date gain: 69.8%
8. Norwegian Cruise Lines
Ticker: NCLH
Year-to-date gain: 70.8%
7. Advanced Micro Devices
Ticker: AMD
Year-to-date gain: 71.8%
6. Palo Alto Networks
Ticker: PANW
Year-to-date gain: 81.5%
5. Royal Caribbean Cruises
Ticker: RCL
Year-to-date gain: 105.5%
4. Tesla
Ticker: TSLA
Year-to-date gain: 109.0%
3. Carnival Corporation
Ticker: CCL
Year-to-date gain: 112.9%
2. Meta Platforms
Ticker: META
Year-to-date gain: 134.0%
1. Nvidia
Ticker: NVDA
Year-to-date gain: 179.3%