The Nasdaq is up slightly in trading over this week and is barely up in trading on Friday. Stocks have been struggling in the Dow and the S&P 500 this week as the rising Covid-19 cases in the U.S. have investors concerned about a potential shutdown.
Here are the best stocks in the Nasdaq for this past week by their performance in percentage change during trading on Nov. 20. Check back for updates.
1. Tesla Inc. TSLA | +19.86% | Price $489.61
2. Moderna MRNA | +9.20% | Price $97.61
Moderna announced that is looking for imminent approval by the EU on its Covid-19 vaccine. Jim Cramer recommends that we avoid all the vaccine stocks as they prepare for distribution over the next few months.
3. Zoom Video Communications ZM | +8.93% | Price $439.60
Zoom Video Communications has faltered as of late after promising news regarding the distribution of a Covid-19 vaccine as investors start to cool on stay-at-home stocks. TheStreet looked at the charts to determine if this might be an opportunity to buy shares of Zoom. It looks like investors were thinking the same thing this week.
4. Mercadolibre MELI | +8.86% | Price $1,416.99
Mercadolibre MELI, the online marketplace, is rising this week as the holiday shopping approaches. Is Mercadolibre another Amazon that you buy and hold forever?
Video: Why Berkshire’s health-care stock buys don’t necessarily mean Warren Buffett is bullish on the sector (CNBC)
5. Docusign Inc. DOCU | +7.72% | Price $221.59
Docusign is another stay-at-home stock that has stumbled recently but investors saw it as an opportunity to buy.
6. Lululemon Athletica LULU | +6.23% | Price $345.74
At the end of October, Cramer recommended buying Nike over Lululemon LULU but is now the time to buy the athletic wear company before it reports earnings in early Dec. of 2020?
7. Micron Technology MU | +5.99% | Price $61.40
8. Netease Inc. NTES | +5.94% | Price $93.51
Netease reported earnings Thursday and is rising after beating estimates.
9. Applied Materials AMAT | +5.38% | Price $76.72
Last week, Applied Materials reported its quarterly earnings and shares have been rising since it topped estimates.
10. Take-Two Interactive TTWO | +5.08% | Price $170.05
Cramer recommended buying Take-Two Interactive on Nov. 12 due to its new gaming cycle.
Take-Two Interactive is a key holding in Jim Cramer’s Action Alerts PLUS charitable trust. Want to be alerted before Jim Cramer buys or sells any stock? Learn more from Cramer and his membership team now.
All stock prices and activity referenced are pulled from Barchart.com
This article was originally published by TheStreet.