3 Growth Stocks That Could Continue Outperforming the Nasdaq-100
The Nasdaq-100 is the 100 largest nonfinancial companies by market cap in the Nasdaq Composite. Exchange-traded funds (ETFs) like the low-cost Invesco QQQ with $248 billion in net assets have helped make the Nasdaq-100 a mainstream way to invest in a diversified portfolio of growth-focused companies.
The Nasdaq-100 has consistently outperformed the Nasdaq Composite and the S 500, largely thanks to the dominance of megacap growth companies and the technology sector. Companies that have outperformed the Nasdaq-100 are in an elite category.
Here's why three Motley Fool contributors think Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Deere Company (NYSE: DE), and AeroVironment (NASDAQ: AVAV) could continue outperforming the Nasdaq-100 in the coming years and why all three stocks are worth buying now.
Source Fool.com
Alphabet Inc. C Stock
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 170 € shows a slightly positive potential of 9.62% compared to the current price of 155.08 € for Alphabet Inc. C.
