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13 Best Hot Stocks to Buy Now and 14 Best Dividend Stocks to Buy and Hold in 2023

 
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Discover the 13 best hot stocks to buy now and the 14 best dividend stocks to buy and hold in 2023 to build wealth through the stock market.

Description: Chart showing the performance of the 13 best hot stocks to buy now and 14 best dividend stocks to buy and hold in 2023.

,"JPMorgan's analysts have named five small-cap stocks that they think will outperform the S&P 500 in 2023. The stocks are all trading at...","As the S&P 500 and the Nasdaq continue to rally, investors are looking for stocks that are still undervalued. According to a recent report by..." Building wealth through the stock market doesn't have to be complicated, but it does require a strategic approach. Dipping in and out of the stock market isn’t a good strategy for building wealth, but rather investing in the right stocks with a long-term perspective is the key. In this article, we discuss 13 best hot stocks to buy now and 14 best dividend stocks to buy and hold in 2023. If you want to see more stocks in this selection, check out 5 Best Hot stocks To Buy Now and 5 Best Dividend stocks To Buy and Hold in 2023.

After falling sharply last year, the S&P 500 and the Nasdaq Composite rebounded 7% and 13.6%, respectively, through the first few weeks of 2023. investors are apparently shrugging off the risk of recession. Not only is the S&P 500 up almost 8% in 2023, but the Nasdaq 100 has gained even more.

Which stocks to buy today? According to top Wall Street analysts, the three stocks listed below are Strong Buys. Each stock received a new Strong Buy rating from at least one analyst.

  1. Microsoft (NASDAQ:MSFT): Microsoft Corporation is an American multinational technology company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

  2. Amazon (NASDAQ:AMZN): Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.

  3. Apple (NASDAQ:AAPL): Apple Inc. is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services.

In this article, we discuss 14 best dividend stocks to buy and hold. If you want to see more stocks in this selection, check out 5 Best Dividend stocks To Buy and Hold in 2023.

  1. AT&T (NYSE:T): AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas.

  2. Chevron (NYSE:CVX): Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries.

  3. Johnson & Johnson (NYSE:JNJ): Johnson & Johnson is an American multinational corporation founded in 1886, that develops medical devices, pharmaceutical, and consumer packaged goods.

A lackluster tech earnings season and this week's Fed Meeting could be an excellent recipe for growth stocks. Over the last year, the Top 5 stocks in the S&P 500 have outperformed the index by more than 40%. Here are the five stocks that have been the best performers in 2023:

  1. Tesla (NASDAQ:TSLA): Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California.

  2. Alphabet (NASDAQ:GOOGL): Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California.

  3. Microsoft (NASDAQ:MSFT): Microsoft Corporation is an American multinational technology company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

  4. Amazon (NASDAQ:AMZN): Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.

  5. Apple (NASDAQ:AAPL): Apple Inc. is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services.

Morgan Stanley named a slew of stocks recently that analysts believe are significantly undervalued in the new year. The firm said investors should consider buying these stocks not only because of their potential to beat the market, but also because of their stability and dividend yield. Here are the five stocks Morgan Stanley named:

  1. AT&T (NYSE:T): AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas.

  2. Chevron (NYSE:CVX): Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries.

  3. Johnson & Johnson (NYSE:JNJ): Johnson & Johnson is an American multinational corporation founded in 1886, that develops medical devices, pharmaceutical, and consumer packaged goods.

  4. Pfizer (NYSE:PFE): Pfizer Inc. is an American multinational pharmaceutical corporation headquartered in New York City. It is one of the world's largest pharmaceutical companies.

  5. Walmart (NYSE:WMT): Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

JPMorgan's analysts have named five small-cap stocks that they think will outperform the S&P 500 in 2023. The stocks are all trading at a discount, but have the potential to make investors a lot of money. Here are the five stocks JPMorgan named:

  1. Arconic (NYSE:ARNC): Arconic Inc. is an American company that manufactures and sells aluminum sheets and other aluminum products.

  2. CVS Health (NYSE:CVS): CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain, and a pharmacy benefit manager.

  3. Expedia (NASDAQ:EXPE): Expedia Group, Inc. is an American online travel company that owns and operates several international global online travel brands.

  4. FedEx (NYSE:FDX): FedEx Corporation is an American multinational courier delivery services company headquartered in Memphis, Tennessee.

  5. Paychex (NASDAQ:PAYX): Paychex, Inc. is an American provider of payroll, human resource, and benefits outsourcing services for small- to medium-sized businesses.

As the S&P 500 and the Nasdaq continue to rally, investors are looking for stocks that are still undervalued. According to a recent report by Bank of America, the following five stocks are undervalued and could be a great investment for 2023:

  1. AbbVie (NYSE:ABBV): AbbVie Inc. is an American publicly traded biopharmaceutical company.

  2. CVS Health (NYSE:CVS): CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain, and a pharmacy benefit manager.

  3. Macy's (NYSE:M): Macy's, Inc. is an American holding company founded by Rowland Hussey Macy that, through its subsidiaries, operates department stores and online stores.

  4. McDonald's (NYSE:MCD): McDonald's Corporation is an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California.

  5. Walgreens Boots Alliance (NASDAQ:WBA): Walgreens Boots Alliance, Inc. is an American holding company headquartered in Deerfield, Illinois that owns Walgreens, the second-largest pharmacy store chain in the United States.

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