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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.

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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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best Nuclear Energy Stocks to Buy Cover
The Best Nuclear Energy Stocks to Buy

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Enphase Energy (ENPH)
4.8541 of 5 stars		$49.03+12.1%N/A66.26Hold$70.54
Moderna (MRNA)
4.4689 of 5 stars		$24.40+1.4%N/A-2.63Hold$53.95
Zscaler (ZS)
3.4935 of 5 stars		$233.15-0.2%N/A-932.60Moderate Buy$236.66
Verizon Communications (VZ)
4.7315 of 5 stars		$43.60-0.7%6.22%10.53Moderate Buy$47.41
Intel (INTC)
2.9622 of 5 stars		$20.98+3.3%2.38%-4.79Reduce$22.23
PDD (PDD)
4.8819 of 5 stars		$109.97+0.5%N/A10.74Moderate Buy$169.91
T-Mobile US (TMUS)
4.6607 of 5 stars		$247.58-1.5%1.42%25.60Moderate Buy$257.68
Activision Blizzard (ATVI)
0.8243 of 5 stars		$94.42flat1.05%34.59N/AN/A
Meta Platforms (META)
4.0521 of 5 stars		$597.79+0.2%0.35%24.99Moderate Buy$696.45
Tesla (TSLA)
4.1802 of 5 stars		$284.82+3.1%N/A139.62Hold$287.46
Align Technology (ALGN)
4.469 of 5 stars		$180.95+5.1%N/A32.25Moderate Buy$241.25
Merck & Co., Inc. (MRK)
5 of 5 stars		$77.65-1.9%4.17%11.54Moderate Buy$111.13
International Business Machines (IBM)
4.4105 of 5 stars		$254.24+0.3%2.64%39.66Hold$248.50
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