The tech index hit two new all-time highs on Wednesday — one during the day at 22,329.93 and another at the close, finishing at 22,237.74. It rose 0.21% for the day, adding to gains of 1.53% on Tuesday and 1.06% on Monday — a total rise of 2.83% over three sessions.
NVIDIA Corporation (NASDAQ:) jumped 4.33% to a record $154.31, while rival Advanced Micro Devices Inc (NASDAQ:) was the second-best performer on the index, rising 3.59%.
Several factors lifted investor sentiment. The ceasefire between Israel and Iran, announced last weekend, is still holding. On top of that, hopes are rising that the may cut — especially as President Donald Trump continues to push for looser policy.
When markets calm down after a rough patch, tech stocks are often the first to bounce back — and that seems to be happening again. If no major shocks appear, this strong performance could continue in the coming weeks.
With that in mind, we looked for the most promising stocks in the Nasdaq 100 using Investing.com’s stock screener. We focused on analyst favorites — specifically, five stocks that analysts believe could rise more than 30% based on their average price targets.
However, a deeper look at these stocks shows that things are not as promising as they first appear. Some are significantly overvalued based on valuation models. Others have weak financials. A few have even been falling sharply in recent months.
So, we ran a second search—this time focusing more on financial strength and fair valuation to find more reliable opportunities.
Specifically, we looked for Nasdaq 100 stocks that meet all of the following criteria:
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Upside potential of more than 20% based on InvestingPro’s Fair Value estimate
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Financial health score above 2.5 out of 5 on InvestingPro
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Positive stock performance over the past month
To be sure, InvestingPro Fair Value is based on an average of several trusted valuation models to estimate what a stock is really worth. The InvestingPro Health Score looks at important financial metrics and compares each company to its peers to judge how strong its finances are.
This research helped us find 6 Nasdaq 100 stocks that meet our criteria. One of them also appears on the earlier list of analyst favorites.
*InvestingPro Fair Value and InvestingPro Health Score are screener filters available only to InvestingPro Pro+ subscribers. If you have access to this plan, you can replicate the search used for this article by applying the following screener parameters:
These stocks show a potential upside ranging from +24.3% to +48.2% based on InvestingPro’s Fair Value estimates. They also have strong financial health scores and have held up well over the past month, despite recent market challenges. This resilience makes them worth watching in the coming weeks, as long as market sentiment stays supportive.
- ProPicks AI: AI-selected stock winners with proven track record.
- InvestingPro Fair Value: Instantly find out if a stock is underpriced or overvalued.
- Advanced Stock Screener: Search for the best stocks based on hundreds of selected filters, and criteria.
- Top Ideas: See what stocks billionaire investors such as Warren Buffett, Michael Burry, and George Soros are buying.
Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk belongs to the investor. We also do not provide any investment advisory services.