- 100 free trades signup offer
- Easy-to-use platform
- Low fees
- Student and young investor discounts
We update our list of the best US stocks to buy each month using Finder’s proprietary algorithm. This list of the best US stocks to buy now is a starting point for your own research and should not be taken as advice to buy any particular stock.
Stock trading platforms to buy the best US stocks
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
- 6% cash rebate plus $2,200 in trading perks
- Low transaction fees
- Easy-to-use app
20 Best stocks to buy now in the US
Sociedad Quimica y Minera de Chile SA ADR B (SQM.NYSE)
Sociedad Química y Minera de Chile S.A. operates as a mining company worldwide.- Market cap: $10.529 billion
- YTD performance: -25.25%
- 1 Year performance: 13.46%
- 5 Year performance: 135.64%
- P/E Ratio: N/A
- Headquarters: USA
Bank of Montreal (BMO.NYSE)
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments.- Market cap: $70.234 billion
- YTD performance: 26.28%
- 1 Year performance: 24.13%
- 5 Year performance: 139.42%
- P/E Ratio: 14.3278
- Headquarters: USA
Woodside Energy Group Ltd (WDS.NYSE)
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids.- Market cap: A$47.7 billion
- YTD performance: A$47.7 billion
- 1 Year performance: 0%
- 5 Year performance: 59.63%
- P/E Ratio: 14.8247
- Headquarters: USA
Albemarle Corp (ALB.NYSE)
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen.- Market cap: $10.643 billion
- YTD performance: -42.53%
- 1 Year performance: 18.51%
- 5 Year performance: 67.76%
- P/E Ratio: N/A
- Headquarters: USA
HSBC Holdings PLC ADR (HSBC.NYSE)
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments.- Market cap: $172.54 billion
- YTD performance: 82.43%
- 1 Year performance: 28.39%
- 5 Year performance: 163.97%
- P/E Ratio: 7.8574
- Headquarters: USA
ING Group NV ADR (ING.NYSE)
ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.- Market cap: $48.007 billion
- YTD performance: 60.56%
- 1 Year performance: 17.83%
- 5 Year performance: 229.85%
- P/E Ratio: 6.9861
- Headquarters: USA
M&T Bank Corporation (MTB.NYSE)
M&T Bank Corporation operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that engages in the provision of retail and commercial banking products and services in the United States. The company operates through three segments: Commercial Bank, Retail Bank, and Institutional Services and Wealth Management.- Market cap: $30.887 billion
- YTD performance: 43.58%
- 1 Year performance: 43.36%
- 5 Year performance: 111.62%
- P/E Ratio: 13.7787
- Headquarters: USA
Prologis Inc (PLD.NYSE)
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.- Market cap: $96.239 billion
- YTD performance: 1.28%
- 1 Year performance: 0%
- 5 Year performance: 60.04%
- P/E Ratio: 31.3928
- Headquarters: USA
Churchill Downs Incorporated (CHDN.NASDAQ)
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming.- Market cap: $9.522 billion
- YTD performance: -33%
- 1 Year performance: 18.42%
- 5 Year performance: 120.94%
- P/E Ratio: 23.4268
- Headquarters: USA
Gaming & Leisure Properties (GLPI.NASDAQ)
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties..- Market cap: $12.924 billion
- YTD performance: 10.04%
- 1 Year performance: 11%
- 5 Year performance: 210.4%
- P/E Ratio: 16.4685
- Headquarters: USA
Cameco Corp (CCJ.NYSE)
Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments.- Market cap: $22.804 billion
- YTD performance: 284.77%
- 1 Year performance: 43.87%
- 5 Year performance: 829.81%
- P/E Ratio: 288.5
- Headquarters: USA
Sempra Energy (SRE.NYSE)
Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure.- Market cap: $53.896 billion
- YTD performance: -32.92%
- 1 Year performance: 27.63%
- 5 Year performance: 32.15%
- P/E Ratio: 18.7423
- Headquarters: USA
Arch Capital Group Ltd (ACGL.NASDAQ)
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.- Market cap: $33.377 billion
- YTD performance: 145.18%
- 1 Year performance: 21%
- 5 Year performance: 307.12%
- P/E Ratio: 5.9537
- Headquarters: USA
First Citizens BancShares Inc (FCNCA.NASDAQ)
First Citizens BancShares, Inc. operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals.- Market cap: $28.119 billion
- YTD performance: 255.91%
- 1 Year performance: 49.72%
- 5 Year performance: 628.08%
- P/E Ratio: 11.6183
- Headquarters: USA
Interactive Brokers Group Inc (IBKR.NASDAQ)
Interactive Brokers Group, Inc. operates as an automated electronic broker worldwide.- Market cap: $73.431 billion
- YTD performance: 179.01%
- 1 Year performance: 108.36%
- 5 Year performance: 368.5%
- P/E Ratio: 27.1123
- Headquarters: USA
JPMorgan Chase & Co (JPM.NYSE)
JPMorgan Chase & Co. operates as a financial services company worldwide.- Market cap: $648.57 billion
- YTD performance: 81.9%
- 1 Year performance: 40.67%
- 5 Year performance: 184.36%
- P/E Ratio: 12.7983
- Headquarters: USA
Magellan Midstream Partners LP (MMP.NYSE)
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States.- Market cap: $13.945 billion
- P/E Ratio: 13.8
- Headquarters: USA
Nextera Energy Inc (NEE.NYSE)
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy.- Market cap: $145.018 billion
- YTD performance: -9.88%
- 1 Year performance: 27.02%
- 5 Year performance: 41.85%
- P/E Ratio: 20.9258
- Headquarters: USA
Tenaris SA ADR (TS.NYSE)
Tenaris S.A., together with its subsidiaries, manufactures and distributes steel pipes for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company offers steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure.- Market cap: $20.78 billion
- YTD performance: 127.26%
- 1 Year performance: 34.38%
- 5 Year performance: 309.11%
- P/E Ratio: 8.037
- Headquarters: USA
Cincinnati Financial Corporation (CINF.NASDAQ)
Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. It operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments.- Market cap: $22.354 billion
- YTD performance: 60.96%
- 1 Year performance: 38.77%
- 5 Year performance: 196.52%
- P/E Ratio: 7.3446
- Headquarters: USA
What you should know before buying the best US stocks
There’s no single winning strategy to finding what experts might call the best US stocks, because the most important considerations are your own goals and circumstances. It’s not personal financial advice, and your personal objectives and financial situation have not been taken into consideration. Do your own research, and speak with an investment professional if in doubt.
Whether you care more about short-term capital gains or long-term dividend growth, it’s important to know whether a stock is performing well, making a profit, paying dividends or going backwards. Always remember that past performance does not guarantee future results. Investments can increase and decrease in value.
This list and data was compiled June 3, 2023. The algorithm was last updated January 27, 2021.
How are US stocks taxed in Canada?
Canadians who earn dividends from US stock investments must pay the US Internal Revenue Service (IRS) a 15% withholding tax on their earnings. The rate goes down to 10% for bonds and other interest-yielding US investments.
An exception is made for stock investments held in trusts designed to provide retirement income. This includes RRIFs, LIRAs, LIFs, LRIFs and Prescribed RRIFs. RRSPs that hold US stocks, bonds or ETFs are also exempt from US withholding tax. RESPs, TFSAs and RDSPs are not exempt.
Canadian and international investment income must be declared on your Canadian tax return. Unless your US earnings are exempt from withholding tax, this means you’ll be taxed by both the IRS and the CRA. The CRA may allow you to claim foreign tax credits for any taxes you’ve already paid to the IRS.
Speak with a tax professional to find out what rules and exceptions apply in your circumstances.
Buy the best US stocks through an online broker
To invest in any of these stocks, you’ll need a brokerage account. Compare online stock trading platforms below and click “Go to site” to get started. The figures in this table are in Canadian dollars.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.
More on investing
How do ETFs work?
Your guide to how ETFs work and whether this type of investment is right for you.
Read more…How to read stock charts
Learning how to read stock charts and recognize chart patterns can unlock your success as a trader.
Read more…What are stocks?
Owning a stock means you own part of a company and can potentially grow your wealth. But there is a risk of loss.
Read more…More guides on Finder
-
How to buy Raytheon Technologies (RTX) stocks
Steps to owning and managing Raytheon Technologies Corp, with 24-hour and historical pricing before you buy.
-
How to buy Gildan Activewear (GIL) stocks
Steps to owning and managing Gildan Activewear Inc., with 24-hour and historical pricing before you buy.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
Best stocks to buy right now in Canada
Finder’s unique algorithm found the 20 best TSX stocks to buy right now.
-
How to buy IL Makiage stock in Canada when it goes public
Everything we know about the IL Makiage IPO plus information on how to buy in.
-
How to buy ByteDance stock in Canada when it goes public
Everything we know about the ByteDance IPO plus information on how to buy in.
-
How to buy Auvik Networks stock in Canada when it goes public
Everything we know about the Auvik Networks IPO plus information on how to buy in.
-
How to buy goPuff stock in Canada when it goes public
Everything we know about the goPuff IPO plus information on how to buy in.
-
How to buy Universal Music Group (UMG) stock from Canada
If you live in Canada, you need a broker that provides access to foreign investments to buy Universal Music Group stock.
-
How to invest in the S&P 500 in Canada
Find out how to invest in the S&P 500 in Canada—one of the world’s most popular stock indices—to diversify your portfolio.