3 Underperforming Nasdaq 100 Stocks Worth a Closer Look

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.
5 stocks we like better than Enphase Energy

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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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Enphase Energy (ENPH)	4.8719 of 5 stars	$106.48	-2.5%	N/A	34.80	Moderate Buy	$149.94
Moderna (MRNA)	4.0089 of 5 stars	$101.41	-0.6%	N/A	-8.17	Hold	$126.49
Zscaler (ZS)	4.4129 of 5 stars	$169.21	-2.2%	N/A	-178.12	Moderate Buy	$230.24
Verizon Communications (VZ)	4.7669 of 5 stars	$40.50	+0.9%	6.57%	14.67	Moderate Buy	$44.50
Intel (INTC)	4.7472 of 5 stars	$34.20	-2.4%	1.46%	87.69	Hold	$42.62
PDD (PDD)	4.8728 of 5 stars	$113.49	-0.2%	N/A	19.81	Moderate Buy	$146.85
T-Mobile US (TMUS)	4.9319 of 5 stars	$162.33	+0.9%	1.60%	23.42	Buy	$185.93
Activision Blizzard (ATVI)	0.5153 of 5 stars	$94.42	flat	1.05%	34.59	Hold	$94.73
Meta Platforms (META)	4.0397 of 5 stars	$481.07	-4.1%	0.42%	32.29	Moderate Buy	$519.53
Tesla (TSLA)	4.8401 of 5 stars	$147.05	-1.9%	N/A	34.12	Reduce	$194.70
Align Technology (ALGN)	4.749 of 5 stars	$298.98	-0.8%	N/A	51.37	Hold	$344.45
Merck & Co., Inc. (MRK)	4.7563 of 5 stars	$125.78	+0.4%	2.45%	898.43	Moderate Buy	$131.25
International Business Machines (IBM)	4.16 of 5 stars	$181.63	+0.1%	3.66%	22.34	Hold	$178.67