The NASDAQ (National Association of Securities Dealers Automated Quotation) is the index of the leading technology stocks on the American Stock Exchange, which contains computer giants such as Microsoft, Apple, Google, and Facebook. In this article, we will see which are the best Nasdaq stocks to buy and which stocks have performed worst this year.
Founded in 1971 by the National Association of Securities Dealers (NASD), the Nasdaq is among the world’s leading indices and has introduced a computerized trading system that allows for fast and transparent trading.
The definition of this new standard has attracted Apple, Amazon, Google, Microsoft, Oracle, Intel, and other emerging technology companies to go public.
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Top 5 Best Stocks On Nasdaq With Best Dividends
You may not think of the Nasdaq as synonymous with big dividends. The Nasdaq Composite Index, which essentially consists of all domestic and foreign exchange traded stocks, has long been heavy in terms of technology. And tech companies have historically shown a propensity to reinvest their profits to finance future growth, rather than giving back money to shareholders.
None of the FANGs – Facebook (symbol FB), Amazon.com (AMZN), Netflix (NFLX), and Google (GOOGL), now called Alphabet – pay a dividend.
The top 5 best Nasdaq Dividend stocks include:
| Title | Dividend Yield |
| Apple | 0.61% |
| Cisco | 3.59% |
| Intel | 3.30% |
| Microsoft | 1.22% |
| Western Digital | 1.10% |
1. Apple
Apple still has room to grow in developing countries, as evidenced by record iPhone sales in China during the company’s most recent quarter, which ended December 26.
Emerging countries accounted for 34% of the $76 billion in revenue Apple generated in the quarter.
2. Cisco
Cisco (CSCO, $26.46) remains the industry leader for routers and switches that carry Internet traffic over networks. But the title has been on the water for more than a decade.
3. Intel
If you know Intel (INTC, $ 29.47) primarily for the “Intel Inside” sticker on the desktop, you might be worried about the company’s future.
Sales of personal computers are declining over the long term, with an 11% decline in the last quarter of 2015 compared to the fourth quarter of 2014, to levels not seen since 2008.
But nowadays, Intel chips also reign supreme in data centers, the server farms used by companies with enormous processing and storage needs.
4. Microsoft
Clear skies lie ahead for Microsoft (MSFT, $52.42), whose future is all about the cloud.
CEO Satya Nadella, who took over in February 2014, is making a big bet on the cloud computing segment of Microsoft Azure – a bold move for a company long synonymous with the Windows operating system.
5. Western Digital
Western Digital (WDC, $43.29) is the more speculative pick on this list. The company is the leading manufacturer of hard drives, the standard storage device for personal computers.
Top 5 Best Nasdaq Stocks By Profitability In 2023
When companies have a strong leadership team, strong sales, a large audience, and a growing market, they offer solid long- and short-term opportunities for investors. Among the best Nasdaq stocks to consider investing in for the current year, we find these stocks:
| Title | Profitability |
| Lithia Motors Inc. | +17% |
| Travel + Leisure Co. | +25% |
| Mueller Industries Inc. | +32% |
| First BanCorp | +12% |
| Herc Holdings Inc. | +16% |
1. Lithia Motors Inc.
Lithia Motors is a US automotive retailer that operates 278 stores and sells products via 300 websites.
In addition to selling new and used domestic, foreign, and luxury vehicles and related financial, warranty, and insurance services, Lithia offers auto maintenance and repair services and sells parts under the Driveway and Green Cars brands.
2. Travel + Leisure Co.
Formerly known as Wyndham Destinations, Travel + Leisure is a hospitality products and services company that manages the vacation ownership and travel and subscription segments in the United States and internationally.
3. Mueller Industries Inc.
Mueller Industries manufactures and sells aluminum, brass, and copper, as well as plastics, to North America, the UK, the Middle East, and China.
The Tennessee-based company was founded in 1917. Its operating segments include piping, industrial metals, and climate.
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4. First BanCorp
First BanCorp is the holding company of FirstBank Puerto Rico, serving retail, commercial and institutional clients.
5. Herc Holdings Inc.
Herc Holdings is a Florida-based equipment supplier that rents aerial equipment, air compressors, compaction, earthmoving and material handling equipment, trucks and trailers, and lighting equipment.
It also provides maintenance, repair, training, and labor services, among other services.
Top 5 Best Nasdaq Stocks By Profitability Over The Past 3 Years
1. Apple
Apple is benefiting from continued momentum in services, solid performance from iPhones, iPads, Macs, wearables, and an expanding App Store ecosystem.
While Apple’s business mostly revolves around its flagship iPhone, the Services portfolio has emerged as the company’s new cash flow. AAPL currently has over 745 million paid subscribers in its service portfolio.
2. Tesla
Tesla has acquired a substantial market share in the electric car segment.
The increase in Model 3 delivery, which makes up a significant portion of TSLA’s overall deliveries, is helping its top line. Together with Model 3, Model Y contributes to its revenues.
3. Advanced Micro Devices
Advanced Micro Devices leverages the robust performance of the Computing and Graphics and Enterprise Embedded and Semi-Custom segments.
AMD is benefiting from the strong sales of its Ryzen and EPYC server processors, due to the growing proliferation of AI and Machine Learning in industries such as cloud, gaming, and supercomputing.
4. Texas Instruments
Texas Instruments is benefiting from the growth of the personal electronics market due to the work-from-home trend driven by the coronavirus.
Additionally, the solid momentum in the analog segment, due to the robust signal chain and power supply product lines, is benefiting TXN’s flagship line.
5. ON Semiconductor
ON Semiconductor benefited from an increase in supply and a favorable mix and prices in all end markets served.
ON’s record third-quarter results were primarily driven by a strong demand environment, particularly for power and sensing products in the automotive and industrial end markets.
ON Semiconductor continues to gain ground among EV manufacturers for both insulated gate bipolar transistor products and silicon carbide products.
Top 5 Best Nasdaq Stocks By Profitability Over The Past 5 Years
Just because a stock has seen its value skyrocket doesn’t mean it’s a good choice for future investments. Some of these titles have a very high P/E ratio, which makes them ridiculously expensive.
The list below should by no means be your only tool for making investment decisions. Instead, know some of the best bullish Nasdaq stocks from the past 5 years.
| Title | Profitability in the last 5 years |
| Netflix | +60% |
| Amazon | +131% |
| Apple | +334% |
| UnitedHealth Group | +176% |
| Microsoft | +284% |
Worst Nasdaq Shares For Profitability In 2023
If you are like many other investors, your search for stocks starts with names that have been badly sold off. As it should, the market is sometimes capable of going to extremes, devaluing names and then re-evaluating them again shortly thereafter.
The bigger the drop, the better the deal.
As veteran investors can attest, however, a stock that has been up-ended is not inherently a stock that is ready for recovery. Sometimes, a big sell-off is exactly what is implied.
It is the dilemma faced, as usual, by anyone who looks at this year’s biggest losers among Nasdaq-listed stocks.
This time, however, there is a further curious nuance. Most of these losers are in the exact same sector and have been crushed for the exact same reasons.
For the record, excluding small caps and ever-volatile micro caps, the five biggest losers at Nasdaq this year are (with losses between -65% and -56% respectively)
- Poshmark (-73%)
- Acadia Pharmaceuticals (-35%)
- AbCellera Biologics (-37%)
- Arrival (-89%)
- Amicus Therapeutics (-16%)
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Appreciate this post. Will try it out.
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