Search

Here are the best-performing Nasdaq stocks of 2019 - MarketWatch

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 COMP, -0.08%  is weighted by market capitalization, which means the five largest components — Apple AAPL, +0.20%, Microsoft MSFT, -0.06%, Amazon.com AMZN, +1.08%, Facebook FB, +0.01%  and Google holding company Alphabet GOOG, -0.38% GOOGL, -0.31% — 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 LULU, +0.18%  and Starbucks SBUX, +0.19%.

Breaking down the index

The bulky Nasdaq has so many stocks that many investors focus on the Nasdaq-100 Index NDX, +0.01%, 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 QQQ, +0.00%.

Since the Nasdaq-100 excludes financial companies (banks, insurers, real-estate companies and even exchanges such as Nasdaq Inc. NDAQ, -0.02% ), we have also looked at the Nasdaq Financial-100 Index IXF, -0.14%, 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 SPX, +0.07%  and Dow Jones Industrial Average DJIA, +0.20%  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. AMD, -0.87% 153% 80% 303% 1,660%
Lam Research Corp. LRCX, -0.44% 121% -24% 188% 296%
KLA Corp. KLAC, -0.48% 105% -13% 143% 186%
MercadoLibre Inc. MELI, +1.01% 104% -7% 282% 366%
ASML Holding NV ADR ASML, +0.38% 93% -10% 176% 184%
Applied Materials Inc. AMAT, -0.20% 91% -35% 95% 164%
Lululemon Athletica Inc. LULU, +0.18% 90% 55% 259% 322%
Apple Inc. AAPL, +0.20%   87% -5% 160% 177%
Skyworks Solutions Inc. SWKS, -0.24% 86% -28% 64% 77%
Nvidia Corp. NVDA, -0.94% 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 AMD, -0.87%  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. MKTX, -0.32% Investment Banks/Brokers 79% 6% 157% 434%
Kinsale Capital Group Inc. KNSL, +0.38% Multi-Line Insurance 79% 24% 203% N/A
Newmark Group Inc. Class A NMRK, -0.73% Real-estate development 77% -48% N/A N/A
GCI Liberty Inc. Class A GLIBA, +0.30% Specialty Telecommunications 71% N/A N/A N/A
Equinix Inc. EQIX, +0.10% Real-estate investment Trusts 68% -20% 73% 189%
Navient Corp NAVI, -0.65% Finance/Rental/Leasing 65% -30% -4% -20%
Arch Capital Group Ltd. ACGL, +0.38% Multi-Line Insurance 58% -12% 45% 113%
LPL Financial Holdings Inc. LPLA, -0.35% Investment Banks/Brokers 54% 9% 170% 132%
SBA Communications Corp. Class A SBAC, -0.30% Real-estate investment Trusts 49% -1% 131% 115%
United Community Banks Inc. UCBI, -0.53% 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. AXSM, -2.18% Pharmaceuticals 3,667% -50% 1451% N/A
Constellation Pharmaceuticals Inc. CNST, -3.57% Pharmaceuticals 1,129% N/A N/A N/A
Kodiak Sciences Inc. KOD, -4.03% Biotechnology 969% N/A N/A N/A
EverQuote Inc. Class A EVER, -4.20% Internet Software/Services 772% N/A N/A N/A
Relmada Therapeutics Inc. RLMD, +0.00% Pharmaceuticals 753% 53% 1,364% -38%
Provention Bio Inc. PRVB, -5.18% Pharmaceuticals 728% N/A N/A N/A
Microbot Medical Inc. MBOT, -23.57% Biotechnology 714% -89% -86% -99%
Avita Medical Ltd. ADR RCEL, +1.04% Biotechnology 663% 16% 444% 662%
ArQule Inc. ARQL, -0.05% Pharmaceuticals 625% 68% 1,457% 1,678%
Durect Corp. DRRX, -2.67% Pharmaceuticals 577% -48% 155% 310%
 Source: FactSet

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

Create an email alert for Philip van Doorn’s Deep Dive columns here.

Let's block ads! (Why?)



Business - Latest - Google News
December 27, 2019 at 11:50PM
https://ift.tt/37ddcZq

Here are the best-performing Nasdaq stocks of 2019 - MarketWatch
Business - Latest - Google News
https://ift.tt/2Rx7A4Y

Bagikan Berita Ini

0 Response to "Here are the best-performing Nasdaq stocks of 2019 - MarketWatch"

Post a Comment


Powered by Blogger.