Bulletin
Investor Alert

London Markets Close in:

Philip van Doorn

Deep Dive Archives | Email alerts

Dec. 28, 2019, 9:07 a.m. EST

Here are the best-performing Nasdaq stocks of 2019

AMD, Lam Research and KLA top the list

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NASDAQ Composite Index (COMP)
  • X
    Apple Inc. (AAPL)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

By Philip van Doorn, MarketWatch


Bloomberg
Mark Papermaster, chief technology officer of Advanced Micro Devices, whose shares have risen in 153% in 2019.

The Nasdaq Composite Index hit another milestone Dec. 26, passing 9,000 points for the first time. The index, known as a benchmark for technology companies, is huge — 2,690 stocks. Today we’ll show three lists of winners for 2019.

The Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -3.71%  is weighted by market capitalization, which means the five largest components — Apple /zigman2/quotes/202934861/composite AAPL -4.75% , Microsoft /zigman2/quotes/207732364/composite MSFT -4.31% , Amazon.com /zigman2/quotes/210331248/composite AMZN -4.14% , Facebook /zigman2/quotes/205064656/composite FB -4.50%  and Google holding company Alphabet /zigman2/quotes/205453964/composite GOOG -4.28% /zigman2/quotes/202490156/composite GOOGL -4.29% — make up 36% of the index’s market value.

MarketWatch’s Mark DeCambre reviewed the index’s performance since it topped its previous 8,000-point milestone in August 2018 and found that a good part of its gain was provided by non-tech companies, including Lululemon Athletica /zigman2/quotes/204011506/composite LULU -3.79%  and Starbucks /zigman2/quotes/207508890/composite SBUX -3.25% .

Breaking down the index

The bulky Nasdaq has so many stocks that many investors focus on the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX -3.89% , which comprises the 103 largest non-financial companies in the full Nasdaq Composite Index. The components of the Nasdaq-100 make up 74% of the full index by market cap, according to data provided by FactSet. You can invest in the Nasdaq-100 as a group with the Invesco QQQ Trust ETF /zigman2/quotes/208575548/composite QQQ -3.86% .

Since the Nasdaq-100 excludes financial companies (banks, insurers, real-estate companies and even exchanges such as Nasdaq Inc. /zigman2/quotes/205547889/composite NDAQ -0.38% ), we have also looked at the Nasdaq Financial-100 Index /zigman2/quotes/210598342/realtime XX:IXF -2.48% , which makes up only 5% of the full Nasdaq.

Going back to the full index, the best performers of 2019 are smaller companies, mostly in the biotech and pharmaceutical industries.

Best Nasdaq performers

Here’s a breakdown of total returns (with dividends reinvested) for 2019 through Dec. 26 and also returns for 2018 and longer periods:

Index 2019 2018 3 years 5 years
Nasdaq Composite Index 31% -3% 64% 91%
Nasdaq-100 Index 33% 0% 77% 106%
Nasdaq / Financial-100 Index 28% -9% 33% 79%
S&P 500 28% -4% 47% 69%
Dow Jones Industrial Average 23% -3% 52% 77%
Source: FactSet

The full Nasdaq and the Nasdaq-100 have beaten the S&P 500 /zigman2/quotes/210599714/realtime SPX -3.35%  and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -3.56%  for all the periods shown above.

Nasdaq-100

Here are the 10 Nasdaq-100 stocks that have performed best during 2019 through Dec. 26:

Company Ticker Total return - 2019 through Dec. 26 Total return - 2018 Total return - 3 years Total return - 5 years
Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD 153% 80% 303% 1,660%
Lam Research Corp. /zigman2/quotes/208077897/composite LRCX 121% -24% 188% 296%
KLA Corp. /zigman2/quotes/209248041/composite KLAC 105% -13% 143% 186%
MercadoLibre Inc. /zigman2/quotes/200678442/composite MELI 104% -7% 282% 366%
ASML Holding NV ADR /zigman2/quotes/210293876/composite ASML 93% -10% 176% 184%
Applied Materials Inc. /zigman2/quotes/209393259/composite AMAT 91% -35% 95% 164%
Lululemon Athletica Inc. /zigman2/quotes/204011506/composite LULU 90% 55% 259% 322%
Apple Inc. /zigman2/quotes/202934861/composite AAPL   87% -5% 160% 177%
Skyworks Solutions Inc. /zigman2/quotes/201417573/composite SWKS 86% -28% 64% 77%
Nvidia Corp. /zigman2/quotes/200467500/composite NVDA 80% -31% 120% 1,105%
 Source: FactSet

You can click on the tickers for more about each company.

For most of these companies, the 2019 gains followed significant declines in 2018. Advanced Micro Devices /zigman2/quotes/208144392/composite AMD -7.81%  and Lululemon are exceptions.

Nasdaq Financial-100

Here are the 10 Nasdaq Financial-100 stocks that have performed the best during 2019 through Dec. 26:

Company Ticker Industry Total return - 2019 through Dec. 26 Total Return - 2018 Total Return - 3 Years Total Return - 5 Years
MarketAxess Holdings Inc. /zigman2/quotes/202710814/composite MKTX Investment Banks/Brokers 79% 6% 157% 434%
Kinsale Capital Group Inc. /zigman2/quotes/200038383/composite KNSL Multi-Line Insurance 79% 24% 203% N/A
Newmark Group Inc. Class A /zigman2/quotes/201472789/composite NMRK Real-estate development 77% -48% N/A N/A
GCI Liberty Inc. Class A /zigman2/quotes/210122816/composite GLIBA Specialty Telecommunications 71% N/A N/A N/A
Equinix Inc. /zigman2/quotes/208927761/composite EQIX Real-estate investment Trusts 68% -20% 73% 189%
Navient Corp /zigman2/quotes/204528402/composite NAVI Finance/Rental/Leasing 65% -30% -4% -20%
Arch Capital Group Ltd. /zigman2/quotes/206499364/composite ACGL Multi-Line Insurance 58% -12% 45% 113%
LPL Financial Holdings Inc. /zigman2/quotes/202092656/composite LPLA Investment Banks/Brokers 54% 9% 170% 132%
SBA Communications Corp. Class A /zigman2/quotes/208397406/composite SBAC Real-estate investment Trusts 49% -1% 131% 115%
United Community Banks Inc. /zigman2/quotes/203822333/composite UCBI Regional Banks 49% -22% 12% 79%
Source: FactSet

Full Nasdaq

Here are the 10 best-performing Nasdaq stocks during 2019 through Dec. 26:

Company Ticker Industry Total return - 2019 through Dec. 26 Total return - 2018 Total return - 3 years Total return - 5 years
Axsome Therapeutics Inc. /zigman2/quotes/200978956/composite AXSM Pharmaceuticals 3,667% -50% 1451% N/A
Constellation Pharmaceuticals Inc. /zigman2/quotes/203354257/composite CNST Pharmaceuticals 1,129% N/A N/A N/A
Kodiak Sciences Inc. /zigman2/quotes/207655028/composite KOD Biotechnology 969% N/A N/A N/A
EverQuote Inc. Class A /zigman2/quotes/203543737/composite EVER Internet Software/Services 772% N/A N/A N/A
Relmada Therapeutics Inc. /zigman2/quotes/200762009/composite RLMD Pharmaceuticals 753% 53% 1,364% -38%
Provention Bio Inc. /zigman2/quotes/207615026/composite PRVB Pharmaceuticals 728% N/A N/A N/A
Microbot Medical Inc. /zigman2/quotes/209873122/composite MBOT Biotechnology 714% -89% -86% -99%
Avita Medical Ltd. ADR /zigman2/quotes/203753519/composite RCEL Biotechnology 663% 16% 444% 662%
ArQule Inc. Pharmaceuticals 625% 68% 1,457% 1,678%
Durect Corp. /zigman2/quotes/203848581/composite DRRX Pharmaceuticals 577% -48% 155% 310%
 Source: FactSet

Don’t miss: Wall Street’s favorite stocks for an oil-sector recovery in 2020

<STRONG>Create an email alert for Philip van Doorn’s Deep Dive columns <INTERNAL-PAGE URL="/tools/alerts/newsColumn.asp">here</INTERNAL-PAGE>.</STRONG>

/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,221.28
-355.31 -3.71%
Volume: 2.75M
Feb. 24, 2020 5:16p
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 298.18
-14.87 -4.75%
Volume: 55.55M
Feb. 24, 2020 4:00p
P/E Ratio
23.55
Dividend Yield
1.03%
Market Cap
$1304.68 billion
Rev. per Employee
$1.98M
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 170.89
-7.70 -4.31%
Volume: 68.31M
Feb. 24, 2020 4:00p
P/E Ratio
29.75
Dividend Yield
1.19%
Market Cap
$1299.80 billion
Rev. per Employee
$902,473
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 2,009.29
-86.68 -4.14%
Volume: 6.55M
Feb. 24, 2020 4:00p
P/E Ratio
87.29
Dividend Yield
N/A
Market Cap
$1000.24 billion
Rev. per Employee
$359,671
loading...
/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 200.72
-9.46 -4.50%
Volume: 23.08M
Feb. 24, 2020 4:00p
P/E Ratio
31.19
Dividend Yield
N/A
Market Cap
$572.20 billion
Rev. per Employee
$1.57M
loading...
/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,421.59
-63.52 -4.28%
Volume: 2.87M
Feb. 24, 2020 4:00p
P/E Ratio
28.90
Dividend Yield
N/A
Market Cap
$1048.69 billion
Rev. per Employee
$1.39M
loading...
/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,419.86
-63.60 -4.29%
Volume: 2.48M
Feb. 24, 2020 4:00p
P/E Ratio
28.87
Dividend Yield
N/A
Market Cap
$975.89 billion
Rev. per Employee
$1.39M
loading...
/zigman2/quotes/204011506/composite
US : U.S.: Nasdaq
$ 246.21
-9.69 -3.79%
Volume: 1.87M
Feb. 24, 2020 4:00p
P/E Ratio
57.21
Dividend Yield
N/A
Market Cap
$32.08 billion
Rev. per Employee
$227,587
loading...
/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 84.52
-2.84 -3.25%
Volume: 8.31M
Feb. 24, 2020 4:00p
P/E Ratio
27.62
Dividend Yield
1.94%
Market Cap
$99.20 billion
Rev. per Employee
$86,863
loading...
/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
9,079.63
-367.06 -3.89%
Volume: 805,637
Feb. 24, 2020 5:16p
loading...
/zigman2/quotes/208575548/composite
US : U.S.: Nasdaq
$ 221.39
-8.88 -3.86%
Volume: 84.52M
Feb. 24, 2020 4:00p
loading...
/zigman2/quotes/205547889/composite
US : U.S.: Nasdaq
$ 114.74
-0.44 -0.38%
Volume: 1.22M
Feb. 24, 2020 4:00p
P/E Ratio
24.79
Dividend Yield
1.64%
Market Cap
$18.81 billion
Rev. per Employee
$1.07M
loading...
/zigman2/quotes/210598342/realtime
XX : U.S.: Nasdaq
5,121.95
-130.42 -2.48%
Volume: 112,800
Feb. 24, 2020 5:16p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,225.89
-111.86 -3.35%
Volume: 2.75B
Feb. 24, 2020 5:04p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,960.80
-1,032 -3.56%
Volume: 458.71M
Feb. 24, 2020 5:04p
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 49.12
-4.16 -7.81%
Volume: 86.62M
Feb. 24, 2020 4:00p
P/E Ratio
165.55
Dividend Yield
N/A
Market Cap
$57.45 billion
Rev. per Employee
$641,089
loading...
/zigman2/quotes/208077897/composite
US : U.S.: Nasdaq
$ 300.46
-16.34 -5.16%
Volume: 3.10M
Feb. 24, 2020 4:00p
P/E Ratio
22.27
Dividend Yield
1.53%
Market Cap
$43.73 billion
Rev. per Employee
$996,856
loading...
/zigman2/quotes/209248041/composite
US : U.S.: Nasdaq
$ 153.73
-7.39 -4.59%
Volume: 2.65M
Feb. 24, 2020 4:00p
P/E Ratio
21.55
Dividend Yield
2.21%
Market Cap
$24.10 billion
Rev. per Employee
$656,821
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 673.46
-62.14 -8.45%
Volume: 1.28M
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$33.48 billion
Rev. per Employee
$198,875
loading...
/zigman2/quotes/210293876/composite
US : U.S.: Nasdaq
$ 290.40
-15.60 -5.10%
Volume: 1.35M
Feb. 24, 2020 4:00p
P/E Ratio
48.42
Dividend Yield
0.78%
Market Cap
$121.91 billion
Rev. per Employee
$555,391
loading...
/zigman2/quotes/209393259/composite
US : U.S.: Nasdaq
$ 61.08
-3.19 -4.96%
Volume: 11.22M
Feb. 24, 2020 4:00p
P/E Ratio
20.22
Dividend Yield
1.38%
Market Cap
$56.09 billion
Rev. per Employee
$800,095
loading...
/zigman2/quotes/204011506/composite
US : U.S.: Nasdaq
$ 246.21
-9.69 -3.79%
Volume: 1.87M
Feb. 24, 2020 4:00p
P/E Ratio
57.21
Dividend Yield
N/A
Market Cap
$32.08 billion
Rev. per Employee
$227,587
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 298.18
-14.87 -4.75%
Volume: 55.55M
Feb. 24, 2020 4:00p
P/E Ratio
23.55
Dividend Yield
1.03%
Market Cap
$1304.68 billion
Rev. per Employee
$1.98M
loading...
/zigman2/quotes/201417573/composite
US : U.S.: Nasdaq
$ 111.19
-3.44 -3.00%
Volume: 3.10M
Feb. 24, 2020 4:00p
P/E Ratio
23.27
Dividend Yield
1.58%
Market Cap
$18.92 billion
Rev. per Employee
$402,989
loading...
/zigman2/quotes/200467500/composite
US : U.S.: Nasdaq
$ 273.28
-20.79 -7.07%
Volume: 21.42M
Feb. 24, 2020 4:00p
P/E Ratio
60.46
Dividend Yield
0.23%
Market Cap
$167.25 billion
Rev. per Employee
$882,428
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 49.12
-4.16 -7.81%
Volume: 86.62M
Feb. 24, 2020 4:00p
P/E Ratio
165.55
Dividend Yield
N/A
Market Cap
$57.45 billion
Rev. per Employee
$641,089
loading...
/zigman2/quotes/202710814/composite
US : U.S.: Nasdaq
$ 341.91
+1.82 +0.54%
Volume: 286,261
Feb. 24, 2020 4:00p
P/E Ratio
63.34
Dividend Yield
0.70%
Market Cap
$12.97 billion
Rev. per Employee
$959,394
loading...
/zigman2/quotes/200038383/composite
US : U.S.: Nasdaq
$ 126.38
-0.05 -0.04%
Volume: 138,136
Feb. 24, 2020 4:00p
P/E Ratio
44.14
Dividend Yield
0.28%
Market Cap
$2.80 billion
Rev. per Employee
$1.20M
loading...
/zigman2/quotes/201472789/composite
US : U.S.: Nasdaq
$ 11.09
-0.60 -5.13%
Volume: 1.49M
Feb. 24, 2020 4:00p
P/E Ratio
18.91
Dividend Yield
3.61%
Market Cap
$2.00 billion
Rev. per Employee
$410,542
loading...
/zigman2/quotes/210122816/composite
US : U.S.: Nasdaq
$ 76.93
-0.81 -1.04%
Volume: 401,112
Feb. 24, 2020 4:00p
P/E Ratio
15.51
Dividend Yield
N/A
Market Cap
$8.13 billion
Rev. per Employee
$325,886
loading...
/zigman2/quotes/208927761/composite
US : U.S.: Nasdaq
$ 642.24
0.00 0.00%
Volume: 0.00
Feb. 24, 2020 4:00p
P/E Ratio
107.06
Dividend Yield
1.66%
Market Cap
$55.00 billion
Rev. per Employee
$643,674
loading...
/zigman2/quotes/204528402/composite
US : U.S.: Nasdaq
$ 13.24
-0.93 -6.56%
Volume: 1.90M
Feb. 24, 2020 4:00p
P/E Ratio
5.14
Dividend Yield
4.83%
Market Cap
$2.93 billion
Rev. per Employee
$871,846
loading...
/zigman2/quotes/206499364/composite
US : U.S.: Nasdaq
$ 45.65
-1.47 -3.12%
Volume: 1.35M
Feb. 24, 2020 4:00p
P/E Ratio
11.79
Dividend Yield
N/A
Market Cap
$18.52 billion
Rev. per Employee
$1.54M
loading...
/zigman2/quotes/202092656/composite
US : U.S.: Nasdaq
$ 87.57
-7.29 -7.69%
Volume: 866,430
Feb. 24, 2020 4:00p
P/E Ratio
13.26
Dividend Yield
1.14%
Market Cap
$7.08 billion
Rev. per Employee
$1.23M
loading...
/zigman2/quotes/208397406/composite
US : U.S.: Nasdaq
$ 295.51
-0.14 -0.05%
Volume: 825,379
Feb. 24, 2020 4:00p
P/E Ratio
229.40
Dividend Yield
0.63%
Market Cap
$33.27 billion
Rev. per Employee
$1.39M
loading...
/zigman2/quotes/203822333/composite
US : U.S.: Nasdaq
$ 28.21
-0.87 -2.99%
Volume: 237,201
Feb. 24, 2020 4:00p
P/E Ratio
12.20
Dividend Yield
2.48%
Market Cap
$2.23 billion
Rev. per Employee
$253,442
loading...
/zigman2/quotes/200978956/composite
US : U.S.: Nasdaq
$ 88.51
-2.62 -2.88%
Volume: 546,585
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.27 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/203354257/composite
US : U.S.: Nasdaq
$ 37.35
-0.25 -0.66%
Volume: 465,599
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.53 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207655028/composite
US : U.S.: Nasdaq
$ 60.78
+2.50 +4.29%
Volume: 570,270
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.25 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/203543737/composite
US : U.S.: Nasdaq
$ 45.74
-0.91 -1.95%
Volume: 796,006
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.20 billion
Rev. per Employee
$742,495
loading...
/zigman2/quotes/200762009/composite
US : U.S.: Nasdaq
$ 47.21
-1.11 -2.30%
Volume: 108,653
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$692.76 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/207615026/composite
US : U.S.: Nasdaq
$ 13.08
-1.92 -12.80%
Volume: 830,603
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$623.11 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/209873122/composite
US : U.S.: Nasdaq
$ 10.29
-0.52 -4.81%
Volume: 404,697
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$73.94 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/203753519/composite
US : U.S.: Nasdaq
$ 9.34
-0.56 -5.66%
Volume: 475,646
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$988.86 million
Rev. per Employee
$35,985
loading...
/zigman2/quotes/203848581/composite
US : U.S.: Nasdaq
$ 2.09
-0.08 -3.69%
Volume: 1.20M
Feb. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$402.04 million
Rev. per Employee
$210,955
loading...

Philip van Doorn covers various investment and industry topics. He has previously worked as a senior analyst at TheStreet.com. He also has experience in community banking and as a credit analyst at the Federal Home Loan Bank of New York.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.