7 Surprising Non-Tech Stocks Poised for Massive Growth in 2023

Credits: Canva

By: Aquib Nawab

Finance

Deere & Company (NYSE: DE) is a blue-chip stock with impressive growth. Solid 5-year revenue growth, 16.5% YoY increase to $61.25B in 2023. Ready for success with 2024 interest rate cuts expected.

1. Deere & Company (DE)

Credits: Reuters

McDonald's (NYSE: MCD) operates a global network of 40,000 restaurants. Recent figures show incredible growth, with comparable sales surging by 14%. McDonald's aims to increase its restaurant count to 50,000 by 2027, challenging its "slow-growing" image.

2. McDonald’s (MCD)

Credits: NRN

3. NextEra Energy (NEE)

NextEra Energy (NYSE: NEE) is a standout in the energy sector. The company combines the stability of a regulated utility with renewable energy innovation. It targets an earnings growth rate of 6% to 8% through 2026, offering regular dividends.

Credits: Robbins LLP

Cintas (NASDAQ: CTAS) is a critical player in the corporate service industry. It consistently surpasses estimates and boasts technological advantages. Recent financials and operational efficiencies make Cintas a compelling investment choice.

4. Cintas (CTAS)

Credits: Seeking Alpha

Eli Lilly (NYSE: LLY) is poised for rapid expansion in the healthcare sector. FDA approval for its innovative diabetes treatment, Zepbound, is a game-changer. Analysts project combined sales of Zepbound and Mounjaro to reach $100 billion annually.

5. Eli Lilly (LLY)

Credits: Seeking Alpha

6. Carnival Corporation (CCL)

Carnival Corporation (NYSE: CCL) is making impressive strides in the cruise industry. Recent quarterly results show a significant increase in sales and EPS. Despite challenges, the stock has seen a notable increase, making it a high-growth stock to consider.

Credits: ABB

Delta Air Lines (NYSE: DAL) had a stellar quarter with strong domestic and international sales. Profits increased by 60% after a successful summer. Delta's deleveraging efforts and positive outlook for international travel make it a top-rated stock in the aviation sector.

7. Delta Air Lines (DAL)

Credits: Fool

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