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July 24, 2021, 10:48 a.m. EDT

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

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By Philip van Doorn

All three of the major U.S. stock indexes hit records Friday, and the Nasdaq Composite Index might reach its next milestone — 15,000 — next week.

Below is a list of stocks whose gains have powered the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +0.50% this year, along with another list of analysts’ favorite stocks in the Nasdaq-100 Index /zigman2/quotes/210598364/realtime NDX +0.63% .

Here’s a summary of Friday’s action:

  • The S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.75% rose to another intraday record high and closed at 4,411.79, for gains of 1% on the day and 16.3% for 2021, following an advance of 16.3% in 2020.

  • The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% closed above 35,000 for the first time , up 0.7% for the session at 25,061.55. The index has gained 14.6% in 2021, following last year’s 7.2% increase.

  • The Nasdaq Composite Index also set an intraday record Friday and closed at 14,836.99 for a gain of 1%. The index is now up 15.1% for 2021, following a surge of 43.6% in 2020.

  • The Nasdaq-100 Index hit its own intraday record high and closed with an advance of 1.1%. It has risen 17.3% this year, following a gain of 47.6% in 2020.

(Note: All price changes in this article exclude dividends.)

Nasdaq-100 winners for 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 is reconstituted each year in December. Both indexes are weighted by market cap, and the Nasdaq-100’s market cap of $17.21 trillion is about 73% of the full index. So most of the full Nasdaq’s performance is represented by the Nasdaq-100, which is tracked by the Invesco QQQ Trust /zigman2/quotes/208575548/composite QQQ +0.63% .

Here are the 10 stocks among the Nasdaq-100 that have risen the most during 2021 through July 23:

Company Price change – 2021 Price change – July 23 52-week high Date of 52-week high Decline from 52-week high
Moderna Inc. /zigman2/quotes/205619834/composite MRNA 233.9% 7.8% $349.45 07/23/2021 -0.2%
Applied Materials Inc. /zigman2/quotes/209393259/composite AMAT 60.4% 0.9% $146.00 04/05/2021 -5.2%
Alphabet Inc. Class C /zigman2/quotes/205453964/composite GOOG 57.3% 3.4% $2,776.17 07/23/2021 -0.7%
ASML Holding NV ADR /zigman2/quotes/210293876/composite ASML 53.4% 2.5% $756.78 07/23/2021 -1.1%
Alphabet Inc. Class A /zigman2/quotes/202490156/composite GOOGL 51.8% 3.6% $2,667.98 07/23/2021 -0.3%
Nvidia Corp. 49.8% -0.2% $208.75 07/07/2021 -6.3%
EBay Inc. /zigman2/quotes/204653455/composite EBAY 46.3% 2.1% $73.77 07/23/2021 -0.3%
Intuit Inc. /zigman2/quotes/203136605/composite INTU 39.1% 1.4% $532.33 07/23/2021 -0.7%
Idexx Laboratories Inc. /zigman2/quotes/205324043/composite IDXX 38.8% 1.6% $696.35 07/23/2021 -0.4%
DocuSign Inc. /zigman2/quotes/205992027/composite DOCU 38.8% 0.2% $310.51 07/22/2021 -0.6%
CDW Corp. /zigman2/quotes/208546399/composite CDW 37.3% 2.0% $184.58 04/16/2021 -2.0%
Source: FactSet

Actually, there are 11 stocks on the list because the index includes Alphabet Inc.’s Class C /zigman2/quotes/205453964/composite GOOG +0.19% and Class A /zigman2/quotes/202490156/composite GOOGL +0.15% shares.

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

Wall Street’s favorite stocks in the Nasdaq-100

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

Company Share “buy” ratings Closing price – July 23 Consensus price target Implied 12-month upside potential Price change – July 23 Price change – 2021
Baidu Inc. ADR Class A /zigman2/quotes/209050136/composite BIDU 86% $172.66 $311.92 81% -3.3% -20.2%
Micron Technology Inc. /zigman2/quotes/205710729/composite MU 88% $75.94 $121.25 60% 0.5% 1.0%
JD.com Inc. ADR Class A /zigman2/quotes/205122565/composite JD 91% $72.29 $98.15 36% -4.8% -17.8%
NetEase Inc. ADR 86% $103.53 $134.54 30% -8.0% 8.1%
Vertex Pharmaceuticals Inc. /zigman2/quotes/202259802/composite VRTX 78% $200.50 $259.71 30% 2.3% -15.2%
Microchip Technology Inc. /zigman2/quotes/208326291/composite MCHP 76% $139.22 $177.14 27% 0.6% 0.8%
Activision Blizzard Inc. /zigman2/quotes/200717283/composite ATVI 88% $91.50 $116.09 27% 1.1% -1.5%
Fiserv Inc. /zigman2/quotes/204817680/composite FISV 85% $111.79 $141.27 26% 1.6% -1.8%
MercadoLibre Inc. /zigman2/quotes/200678442/composite MELI 78% $1,613.81 $2,021.37 25% 1.4% -3.7%
Netflix Inc. /zigman2/quotes/202353025/composite NFLX 78% $515.41 $619.67 20% 0.7% -4.7%
Source: FactSet

Chinese stocks listed in the U.S. took a beating Friday, and you can see from the three on this list (Baidu Inc. /zigman2/quotes/209050136/composite BIDU +0.57% , JD.com Inc. /zigman2/quotes/205122565/composite JD +0.48% and NetEase Inc. /zigman2/quotes/201683625/composite NTES +0.10% ) that this hasn’t been a good year for the group. Therese Poletti explained why .

Don’t miss: Don’t fall into a REIT value trap — these 20 stocks score highest on quality

/zigman2/quotes/210598365/realtime
US : Nasdaq
14,897.34
+73.91 +0.50%
Volume: 4.09M
Oct. 15, 2021 5:16p
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/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
15,146.92
+94.50 +0.63%
Volume: 558,393
Oct. 15, 2021 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,471.37
+33.11 +0.75%
Volume: 2.05B
Oct. 15, 2021 4:46p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,294.76
+382.20 +1.09%
Volume: 327.87M
Oct. 15, 2021 4:46p
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/zigman2/quotes/208575548/composite
US : U.S.: Nasdaq
$ 368.94
+2.31 +0.63%
Volume: 40.42M
Oct. 15, 2021 4:00p
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/zigman2/quotes/205619834/composite
US : U.S.: Nasdaq
$ 324.21
-7.67 -2.31%
Volume: 17.24M
Oct. 15, 2021 4:00p
P/E Ratio
40.47
Dividend Yield
N/A
Market Cap
$130.87 billion
Rev. per Employee
$617,996
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/zigman2/quotes/209393259/composite
US : U.S.: Nasdaq
$ 131.59
-0.48 -0.36%
Volume: 4.83M
Oct. 15, 2021 4:00p
P/E Ratio
22.87
Dividend Yield
0.73%
Market Cap
$118.82 billion
Rev. per Employee
$716,667
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 2,833.50
+5.26 +0.19%
Volume: 1.06M
Oct. 15, 2021 4:00p
P/E Ratio
30.72
Dividend Yield
N/A
Market Cap
$1887.12 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/210293876/composite
US : U.S.: Nasdaq
$ 789.40
+11.11 +1.43%
Volume: 877,401
Oct. 15, 2021 4:00p
P/E Ratio
57.61
Dividend Yield
0.35%
Market Cap
$322.07 billion
Rev. per Employee
$567,632
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,827.36
+4.34 +0.15%
Volume: 1.51M
Oct. 15, 2021 4:00p
P/E Ratio
30.65
Dividend Yield
N/A
Market Cap
$1887.12 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/204653455/composite
US : U.S.: Nasdaq
$ 74.90
+0.22 +0.29%
Volume: 4.36M
Oct. 15, 2021 4:00p
P/E Ratio
4.00
Dividend Yield
0.96%
Market Cap
$48.69 billion
Rev. per Employee
$807,559
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/zigman2/quotes/203136605/composite
US : U.S.: Nasdaq
$ 552.16
+8.38 +1.54%
Volume: 1.60M
Oct. 15, 2021 4:00p
P/E Ratio
73.65
Dividend Yield
0.49%
Market Cap
$150.79 billion
Rev. per Employee
$713,556
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/zigman2/quotes/205324043/composite
US : U.S.: Nasdaq
$ 635.15
+5.43 +0.86%
Volume: 262,006
Oct. 15, 2021 4:00p
P/E Ratio
75.74
Dividend Yield
N/A
Market Cap
$54.04 billion
Rev. per Employee
$291,038
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/zigman2/quotes/205992027/composite
US : U.S.: Nasdaq
$ 260.47
-0.70 -0.27%
Volume: 1.22M
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.24 billion
Rev. per Employee
$258,090
loading...
/zigman2/quotes/208546399/composite
US : U.S.: Nasdaq
$ 177.72
+0.19 +0.11%
Volume: 709,394
Oct. 15, 2021 4:00p
P/E Ratio
27.19
Dividend Yield
0.90%
Market Cap
$24.44 billion
Rev. per Employee
$1.85M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 2,833.50
+5.26 +0.19%
Volume: 1.06M
Oct. 15, 2021 4:00p
P/E Ratio
30.72
Dividend Yield
N/A
Market Cap
$1887.12 billion
Rev. per Employee
$1.35M
loading...
/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,827.36
+4.34 +0.15%
Volume: 1.51M
Oct. 15, 2021 4:00p
P/E Ratio
30.65
Dividend Yield
N/A
Market Cap
$1887.12 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/209050136/composite
US : U.S.: Nasdaq
$ 163.63
+0.93 +0.57%
Volume: 2.57M
Oct. 15, 2021 4:00p
P/E Ratio
8.53
Dividend Yield
N/A
Market Cap
$58.80 billion
Rev. per Employee
$378,365
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/zigman2/quotes/205710729/composite
US : U.S.: Nasdaq
$ 67.68
-0.12 -0.18%
Volume: 11.79M
Oct. 15, 2021 4:00p
P/E Ratio
13.17
Dividend Yield
0.59%
Market Cap
$75.71 billion
Rev. per Employee
$644,302
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/zigman2/quotes/205122565/composite
US : U.S.: Nasdaq
$ 81.42
+0.39 +0.48%
Volume: 8.36M
Oct. 15, 2021 4:00p
P/E Ratio
23.98
Dividend Yield
N/A
Market Cap
$124.07 billion
Rev. per Employee
$343,125
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/zigman2/quotes/202259802/composite
US : U.S.: Nasdaq
$ 181.77
-0.13 -0.07%
Volume: 1.41M
Oct. 15, 2021 4:00p
P/E Ratio
24.00
Dividend Yield
N/A
Market Cap
$47.16 billion
Rev. per Employee
$1.83M
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/zigman2/quotes/208326291/composite
US : U.S.: Nasdaq
$ 72.78
+0.30 +0.41%
Volume: 2.84M
Oct. 15, 2021 4:00p
P/E Ratio
84.97
Dividend Yield
1.20%
Market Cap
$39.89 billion
Rev. per Employee
$278,892
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/zigman2/quotes/200717283/composite
US : U.S.: Nasdaq
$ 76.40
+0.29 +0.38%
Volume: 6.47M
Oct. 15, 2021 4:00p
P/E Ratio
22.90
Dividend Yield
0.62%
Market Cap
$59.42 billion
Rev. per Employee
$851,474
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/zigman2/quotes/204817680/composite
US : U.S.: Nasdaq
$ 109.80
+2.02 +1.87%
Volume: 3.31M
Oct. 15, 2021 4:00p
P/E Ratio
65.53
Dividend Yield
N/A
Market Cap
$72.71 billion
Rev. per Employee
$337,545
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/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 1,563.09
+38.84 +2.55%
Volume: 357,070
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$77.84 billion
Rev. per Employee
$255,594
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/zigman2/quotes/202353025/composite
US : U.S.: Nasdaq
$ 628.29
-5.51 -0.87%
Volume: 4.12M
Oct. 15, 2021 4:00p
P/E Ratio
65.14
Dividend Yield
N/A
Market Cap
$278.08 billion
Rev. per Employee
$2.66M
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/zigman2/quotes/209050136/composite
US : U.S.: Nasdaq
$ 163.63
+0.93 +0.57%
Volume: 2.57M
Oct. 15, 2021 4:00p
P/E Ratio
8.53
Dividend Yield
N/A
Market Cap
$58.80 billion
Rev. per Employee
$378,365
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/zigman2/quotes/205122565/composite
US : U.S.: Nasdaq
$ 81.42
+0.39 +0.48%
Volume: 8.36M
Oct. 15, 2021 4:00p
P/E Ratio
23.98
Dividend Yield
N/A
Market Cap
$124.07 billion
Rev. per Employee
$343,125
loading...
/zigman2/quotes/201683625/composite
US : U.S.: Nasdaq
$ 95.56
+0.10 +0.10%
Volume: 2.89M
Oct. 15, 2021 4:00p
P/E Ratio
35.92
Dividend Yield
0.82%
Market Cap
$64.40 billion
Rev. per Employee
$377,950
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