The two best performing stocks in the portfolio during 2023 are quite surprising. In fact, both were bought quite low years ago and have both soared from the lowly teens to over $100 a share recently. The two stocks? AMD and GE
AMD = Formerly an also-ran trailing behind Intel for many years, AMD continues to rise due primarily to the kingly prospects of AI. If AMD can execute right and fully capitalize on AI’s potential, we could be looking at the Apple (which also struggled for many years behind an industry leader) of computer chips.
GE = Once a bloated old company that has long since seen its best days, GE trimmed its once too generous dividend and non-core businesses to actually grow again.