The Nasdaq 100 (^NDX) is packed with high-growth companies, and while the market is competitive, some are pulling ahead. A handful of standout businesses are continuing to scale, delivering strong financials and market leadership.
Even among industry leaders, some companies shine bright, and we built StockStory to help you find them. Keeping that in mind, here are three Nasdaq 100 stocks driving the future of tech.
Autodesk (ADSK)
Market Cap: $64.01 billion
Founded in 1982 by John Walker and growing into one of the industry's behemoths, Autodesk (NASDAQ:ADSK) makes computer-aided design (CAD) software for engineering, construction, and architecture companies.
Why Do We Like ADSK?
- Billings growth has averaged 23.1% over the last year, indicating a healthy pipeline of new contracts that should drive future revenue increases
- Superior software functionality and low servicing costs are reflected in its best-in-class gross margin of 92%
- Healthy operating margin of 20.3% shows it’s a well-run company with efficient processes
Autodesk is trading at $299.60 per share, or 9x forward price-to-sales. Is now the right time to buy? Find out in our full research report, it’s free.
Microsoft (MSFT)
Market Cap: $3.92 trillion
Short for microcomputer software, Microsoft (NASDAQ:MSFT) is the largest software vendor in the world with its Windows operating system, Office suite, and cloud computing services.
Why Is MSFT a Good Business?
- Microsoft is one of the great brands not just in tech but all of business. It produces mission-critical software and bundles it together, resulting in cream-of-the-crop gross margins.
- The company's elite unit economics lead to robust profit margins that improve over time. This speaks to the scale advantages and operating efficiency across its diverse portfolio, which spans everything from Office and Azure to Minecraft.
- Microsoft has a virtuous cycle of returns. Its dominant market position enables it to generate strong free cash flow, and it reinvests these funds into promising ventures that further strengthen its competitive moat.
At $528.32 per share, Microsoft trades at 35.4x forward price-to-earnings. Is now a good time to buy? See for yourself in our in-depth research report, it’s free.
Nvidia (NVDA)
Market Cap: $4.35 trillion
Founded in 1993 by Jensen Huang and two former Sun Microsystems engineers, Nvidia (NASDAQ:NVDA) is a leading fabless designer of chips used in gaming, PCs, data centers, automotive, and a variety of end markets.
Why Is NVDA a Top Pick?
- Annual revenue growth of 140% over the last two years was superb and indicates its market share increased during this cycle
- Share repurchases over the last five years enabled its annual earnings per share growth of 80.2% to outpace its revenue gains
- Robust free cash flow margin of 48.8% gives it many options for capital deployment, and its improved cash conversion implies it’s becoming a less capital-intensive business
Nvidia’s stock price of $176.80 implies a valuation ratio of 37.8x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free.
Stocks We Like Even More
Donald Trump’s April 2024 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities.
The smart money is already positioning for the next leg up. Don’t miss out on the recovery - check out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).
Stocks that made our list in 2020 include now familiar names such as ServiceNow (+178% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today
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