Top stocks to buy in 2023 for maximum returns

2021-01-012022-10-24

In this article, I have selected a list of the most promising stocks to buy in 2022/2023, consisting mainly of technology companies, but I also added companies from other sectors to diversify.

For those who are just starting to invest, I recommend looking at social trading, and in particular at eToro, where you can copy transactions of successful investors.

The best start would be investing in blue-chip stocks (companies with a capitalization of more than $1 billion) + copying transactions of successful traders + leaving money on the balance sheet to buy shares in case of a drawdown. Allocate the budget equally for each asset type.

Now let`s move on to the list of stocks:

Apple is the biggest company in the world and probably the best-recognized brand, producing iPhone, iPad, iMac, and other accessories. After the successful launch of Apple TV+ (Netflix competitor), they continue to diversify their business from hardware-only to a services company, thus growing in terms of returns and becoming even more stable and resistant against any economic crashes.
Axcelis Technologies, Inc. is an American company engaging in the design, manufacture, and servicing of capital equipment for the semiconductor manufacturing industry worldwide.
Applied Industrial Technologies, Inc. distributes bearings and seals, power transmission and fluid power components, hydraulic and pneumatic components, industrial rubber products, linear components, and general maintenance items. The Company also provides engineering design and systems integration services, as well as mechanical, fabricated rubber, and fluid power shop services.
Aerojet Rocketdyne Holdings, Inc. is a holding company of Aerojet Rocketdyne, an American manufacturer of rocket, hypersonic, and electric propulsive systems for space, defense, civil and commercial applications.
AMD is an American manufacturer of processors, graphics processors and adapters, motherboards and chipsets for them, and also supplies RAM and solid-state drives under the Radeon brand. With the highly successful release of Ryzen architecture and the relocation of processor manufacturing to third-party manufacturers, the company's processors are gaining more market share, which has a positive impact on the stock price.
Alliance Resource Partners is a diversified natural resource company that generates income from coal production and oil & gas mineral interests located in strategic producing regions across the United States.
ConocoPhillips is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.
Devon Energy Corporation is an energy company engaged in hydrocarbon exploration in the United States. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma.
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas. The company is ranked 186th on the Fortune 500 and 337th on the Forbes Global 2000.
Johnson & Johnson is a pharmaceutical company that produces and sells pharmaceutical products. The company's main products are the pharmaceuticals, which are used by many companies such as Pfizer, Merck, and GlaxoSmithKline. The company's main rivals are Pfizer, which is the parent company of Pfizer Inc., and GlaxoSmithKline, which is the parent company of GlaxoSmithKline Plc.
Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern very large gas carriers (“VLGCs”).
Microsoft is one of the largest multinational companies producing proprietary software for various kinds of computing equipment - personal computers, game consoles, computer peripherals and others. Its Windows operating system is installed in most computers in the world, and the Xbox is familiar to every gamer, but the company's main income comes from the cloud services of Office 365 and Azure.
Matador Resources Company is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays.
Pioneer Natural Resources Company is an American company engaged in hydrocarbon exploration headquartered in Irving, Texas. It operates in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company is the largest acreage holder. The company is ranked 428th on the Fortune 500.
Target is a company that produces and sells consumer electronics. The company's main products are the consumer electronics, which are used by many companies such as Apple, Samsung, and Sony. The company's main rivals are Apple, which is the parent company of Apple Inc., and Samsung, which is the parent company of Samsung Electronics.
Advanced Drainage Systems, Inc. designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators.
Walmart is a company that produces and sells consumer electronics. The company's main products are the consumer electronics, which are used by many companies such as Apple, Samsung, and Sony. The company's main rivals are Apple, which is the parent company of Apple Inc., and Samsung, which is the parent company of Samsung Electronics.