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Here are Wall Street’s favorite big tech stocks as the Nasdaq closes in on another milestone

All three major US stock indexes hit records on Friday, and the Nasdaq Composite could hit the next mark – 15,000 – next week.

Here is a list of stocks whose gains have supported the Nasdaq Composite Index
COMP

up this year, along with another list of analyst favorites in the Nasdaq-100 Index
NDX.

Here’s a summary of Friday’s action:

  • S&P 500 Index
    SPX

    rose to another record high for the day and closed at 4,411.79, up 1% on the day and 16.3% for 2021, following a 16.3% gain in 2020.

  • Dow Jones Industrial Average
    DJIA
    closed above 35,000 for the first time, up 0.7% on the session at 25,061.55. The index is up 14.6% in 2021, following last year’s 7.2% gain.

  • The Nasdaq composite also set an intraday record on Friday and closed at 14,836.99, up 1%. The index is now up 15.1% in 2021, after rising 43.6% in 2020.

  • The Nasdaq-100 index hit its own intraday record high and closed up 1.1%. It has grown 17.3% this year, after rising 47.6% in 2020.

(Note: All price changes in this article do not include dividends.)

Nasdaq-100 Winner 2021

The Nasdaq-100 Index is made up of the 100 largest non-financial companies by market capitalization in the full Nasdaq Composite Index. It reverts each year in December. Both indexes are measured by market capitalization, and the Nasdaq-100’s market capitalization is $17.21 trillion, about 73% of the full index. So almost all Nasdaq activity is represented by Nasdaq-100, tracked by the Invesco QQQ Trust
QQQ.

Here are 10 of the Nasdaq-100 stocks that have gained the most between 2021 and July 23:

The company

Price change – 2021

Price change – July 23

Highest in 52 weeks

The day hit a 52-week high

Down from 52-week high

Moderna Inc.
mRNA

233.9%

7.8%

$349.45

July 23, 2021

-0.2%

Applied Materials Inc.
AMAT

60.4%

0.9%

$146.00

04/05/2021

-5.2%

Alphabet Inc. Grade Lớp
GOOG

57.3%

3.4%

2,776.17 USD

July 23, 2021

-0.7%

ASML Keep NV ADR
ASML

53.4%

2.5%

$756.78

July 23, 2021

-1.1%

Alphabet Inc. Grade A
GOOGLE

51.8%

3.6%

$2,667.98

July 23, 2021

-0.3%

Nvidia Corp.

49.8%

-0.2%

$208.75

07/07/2021

-6.3%

EBay Inc.
EBAY

46.3%

2.1%

$73.77

July 23, 2021

-0.3%

Intuit Inc.
INTU

39.1%

1.4%

$532.33

July 23, 2021

-0.7%

Idexx Laboratories Inc.
IDXX

38.8%

1.6%

$696.35

July 23, 2021

-0.4%

DocuSign Inc.
DOCU

38.8%

0.2%

$310.51

22/07/2021

-0.6%

CDW Corp.
CDW

37.3%

2.0%

$184.58

April 16, 2021

-2.0%

Source: FactSet

In fact, there are 11 stocks on the list because the index includes Alphabet Inc’s Class C.
GOOG

and Grade A
GOOGLE

share.

Seven of those stocks hit 52-week highs on July 23.

Wall Street’s Favorite Stocks in Nasdaq-100

Here are 10 stocks in the Nasdaq-100 with a “buy” or equivalent rating among at least 75% of analysts polled by FactSet, with the highest 12-month upside potential implied by: Agreed price targets:

The company

Share “buy” ratings

Closing price – July 23

Consensus price target

Forecast of upside potential in 12 months

Price change – July 23

Price change – 2021

Baidu Inc. ADR Class A
BIDU

eighty six%

$172.66

$311.92

81%

-3.3%

-20.2%

Micron Technology Inc.
MU

88%

$75.94

$121.25

60%

0.5%

1.0%

JD.com Inc. ADR Class A
JD

91%

$72.29

$98.15

36%

-4.8%

-17.8%

NetEase Inc. ADR

eighty six%

$103.53

$134.54

30%

-8.0%

8.1%

Vertex Pharmaceuticals Inc.
VRTX

78%

$200.50

$259.71

30%

2.3%

-15.2%

Microchip Technology Inc.
MCHP

76%

$139.22

$177.14

27%

0.6%

0.8%

Activision Blizzard Inc.
ATVI

88%

$91.50

$116.09

27%

1.1%

-1.5%

Fiserv Inc.
FISV

85%

$111.79

$141.27

26%

1.6%

-1.8%

MercadoLibre Inc.
MELI

78%

$1,613.81

$2,021.37

25%

1.4%

-3.7%

Netflix Inc.
NFLX

78%

$515.41

$619.67

20%

0.7%

-4.7%

Source: FactSet

Chinese stocks listed in the US had a bad Friday, and you can see from the three stocks on this list (Baidu Inc.
BIDU,

JD.com Inc.
JD

and NetEase Inc.
NTES

) that this has not been a good year for the group. Therese Poletti explains why.

Do not miss: Don’t fall into the REIT value trap – these 20 stocks score the highest for quality chất

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