Free Trial
→ Trump’s Secret Weapon (From American Alternative) (Ad)

3 Underperforming Nasdaq 100 Stocks Worth a Closer Look

Written by MarketBeat Staff
May 4, 2023

Key Points

  • The strategy of rotating to the Nasdaq’s biggest laggards is far from foolproof, but it makes good sense.
  • Despite being down more than 40% year-to-date, analysts still have faith in Enphase Energy.
  • Moderna’s mRNA pipeline includes 45 vaccine and therapeutic candidates.
  • The company also announced a partnership with IBM to explore the use of generative AI and quantum computing in mRNA science.
  • With a consensus price target that implies nearly 80% upside, Zscaler could be one of the Nasdaq-100’s biggest comeback stories of 2023-2024.
  • Five stocks to consider instead of Enphase Energy.
Remove Ads

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

Should You Invest $1,000 in Enphase Energy Right Now?

Before you consider Enphase Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enphase Energy wasn't on the list.

While Enphase Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover
Beginner's Guide To Retirement Stocks

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Enphase Energy (ENPH)
4.7365 of 5 stars		$63.39+1.6%N/A85.64Hold$90.36
Moderna (MRNA)
4.2473 of 5 stars		$28.02+3.2%N/A-3.02Hold$59.00
Zscaler (ZS)
3.999 of 5 stars		$207.10+3.0%N/A-826.54Moderate Buy$232.35
Verizon Communications (VZ)
4.7106 of 5 stars		$44.76-1.4%6.05%10.81Moderate Buy$46.82
Intel (INTC)
3.9149 of 5 stars		$22.10+0.2%2.26%-5.04Reduce$27.04
PDD (PDD)
4.8045 of 5 stars		$118.98-2.6%N/A11.62Moderate Buy$169.91
T-Mobile US (TMUS)
4.4545 of 5 stars		$263.80-1.8%1.33%27.30Moderate Buy$256.80
Activision Blizzard (ATVI)
0.8189 of 5 stars		$94.42flat1.05%34.59N/AN/A
Meta Platforms (META)
4.0262 of 5 stars		$588.66+0.5%0.36%24.60Moderate Buy$718.55
Tesla (TSLA)
4.5695 of 5 stars		$282.16+5.1%N/A138.37Hold$317.75
Align Technology (ALGN)
4.5501 of 5 stars		$162.49+2.8%N/A28.96Moderate Buy$262.64
Merck & Co., Inc. (MRK)
5 of 5 stars		$86.08-1.2%3.76%12.79Moderate Buy$117.12
International Business Machines (IBM)
4.2957 of 5 stars		$251.80+0.6%2.65%39.28Hold$231.13
Compare These Stocks  Add These Stocks to My Watchlist 

Remove Ads

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in April 2025
3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads