Just Five Stocks 'Carried' The Nasdaq To 15,000; What's Next?

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Big-cap exertion investors rejoice: The Nasdaq Composite topped 15,000 this week, mostly riding giants successful the S&P 500. And analysts spot galore — but not each — of these aforesaid winners starring the complaint to Nasdaq 16,000.

In conscionable 196 calendar days, the Nasdaq Composite vaulted from its archetypal adjacent supra 14,000 to decorativeness implicit 15,000. And if you'd similar to cognize which Nasdaq stocks to thank, it's the accustomed suspects.

Apple (AAPL) isn't the rocket banal it utilized to beryllium with Steve Jobs, but it's inactive the No. 1 adder of marketplace worth from Nasdaq 14,000. And Microsoft (MSFT), Alphabet (GOOGL), Tesla (TSLA) and Nvidia (NVDA) besides each all added $100 cardinal oregon much successful marketplace worth to the scale from Feb. 9, 2021, says an Investor's Business Daily investigation of information from S&P Global Market Intelligence and MarketSmith.

But what's next? Many of these aforesaid giants, positive a fewer others, are analysts' favorites to adhd the marketplace worth needed to propulsion the Nasdaq Composite implicit 16,000.

Nasdaq's Rise To 15,000

Hitting Nasdaq 15,000 is conscionable the latest motion of the spot down the tech-heavy index. So far, the Nasdaq notched 29 grounds highs and is connected gait to acceptable much than 43 this year, says Bespoke Investment Group. And that's a run for the past books.

"Dating backmost to 1971, determination person really been 9 different years wherever the Nasdaq finished the twelvemonth with 43 oregon much grounds closing highs," Bespoke said. "The astir caller was past twelvemonth erstwhile determination were 55 and earlier that, you lone person to spell backmost to 2017 erstwhile determination were a grounds 72. That's 1 each 3 to 4 days."

The Nasdaq Composite holds each the stocks trading connected the Nasdaq. But not each members number equally.

Companies with higher marketplace values number much successful the index. And that's wherefore the large 5 held the astir sway successful the tally to Nasdaq 15,000. Keep successful caput that Apple accounts for 11% of the Invesco QQQ (QQQ), which owns the 100 largest Nasdaq stocks. And Microsoft holds a 9.8% weight.

Top Nasdaq Composite Market Value Gainers

From Nasdaq's archetypal adjacent implicit 14,000 until hitting 15,000*

Company Ticker Stock % ch. Market worth summation ($ billions)

Apple	(AAPL)	10.0%	$368.8
Microsoft	(MSFT)	24.1	336.7
Alphabet	(GOOGL)	36.1	223.8
Tesla	(TSLA)	-16.6	113.7
Nvidia	(NVDA)	52.8	109.7

Sources: IBD, S&P Global Market Intelligence, from Feb. 9, 2021 to Aug. 24, 2021

Looking For The Next Nasdaq Winners

S&P 500 analysts, though, are looking astatine what tomorrow's Nasdaq 16,000 winners volition be. And for that, they're looking astatine galore of the aforesaid companies.

Analysts proceed to clasp retired for Amazon. Shares of the e-commerce elephantine are fundamentally level this year. Shares closed Tuesday astatine 3,305.56. But analysts deliberation it volition beryllium a 4,170.94 a stock banal successful 12 months, up much than 26%. And if they're right, that would propulsion the company's marketplace worth up by a whopping $438.3 billion. That's much marketplace worth summation than analysts spot coming successful immoderate different Nasdaq stock. Should you bargain Amazon banal now?

And it's good past the the $239.8 cardinal marketplace headdress summation analysts deliberation Google's genitor Alphabet is bully for successful 12 months.

The ink isn't adjacent adust connected the Nasdaq 15,000 print. But analysts are already looking guardant to Nasdaq 16,000.