Free Trial
→ Elon Set to Shock the World by May 1st ? (From Brownstone Research) (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.
  • Interested in Enphase Energy? Here are five stocks we like better.

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

Ten Starter Stocks For Beginners to Buy Now Cover
Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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)
4.5599 of 5 stars		$53.43+3.5%N/A72.20Hold$79.85
Moderna (MRNA)
4.39 of 5 stars		$25.74+2.4%N/A-2.77Hold$58.70
Zscaler (ZS)
3.9545 of 5 stars		$196.52+1.5%N/A-786.08Moderate Buy$234.77
Verizon Communications (VZ)
4.8174 of 5 stars		$43.25+0.7%6.27%10.45Moderate Buy$46.92
Intel (INTC)
3.9761 of 5 stars		$19.51+3.6%2.56%-4.45Reduce$24.25
PDD (PDD)
4.6441 of 5 stars		$98.34+4.2%N/A9.60Moderate Buy$169.91
T-Mobile US (TMUS)
4.6115 of 5 stars		$258.30+1.9%1.36%26.71Moderate Buy$256.80
Activision Blizzard (ATVI)
0.6877 of 5 stars		$94.42flat1.05%34.59N/AN/A
Meta Platforms (META)
4.529 of 5 stars		$500.28+3.2%0.42%20.91Moderate Buy$681.67
Tesla (TSLA)
4.6589 of 5 stars		$237.97+4.6%N/A116.65Hold$290.66
Align Technology (ALGN)
4.6042 of 5 stars		$173.87+1.0%N/A30.99Moderate Buy$256.90
Merck & Co., Inc. (MRK)
5 of 5 stars		$78.97+1.4%4.10%11.73Moderate Buy$111.13
International Business Machines (IBM)
4.2855 of 5 stars		$241.28+2.1%2.77%37.64Hold$232.75
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Buy the Fear: 3 Down Stocks That Could 10x Your Profits
April 17, 2025

Buy the Fear: 3 Down Stocks That Could 10x Your Profits

Dylan Jovine breaks down 3 stocks trading at deep discounts—some with P/E ratios slashed by 50%. How you can buy a dollar for 50 cents in this market.

Watch Video

Related Videos

5 Stocks to BUY Now as Tariff Uncertainty Fades
3 Stocks to Buy on the Dip—and 3 to Dump Fast
Donald Trump Owns These 7 Stocks, Should You?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines