The Best Stocks to Donate Now
As of 5/7/2024
Despite headwinds from inflation and fears of recession, many widely-held stocks have done very well and are ripe for tax-advantaged harvesting by via charitable stock gifting.
As detailed in our post on how to select stocks to donate to charity we recommend that you:
- Harvest gains on hot stocks held 12+ months
- Donate your all-time winners
- Reduce portfolio concentration
To surface those stocks that are best for gifting today we’ve researched and published the top 20+ widely held stocks with a market cap of at least $10 billion based on 5-year and 10-year returns.
Best Stocks: 1-Year Returns*
| Rank | Stock Ticker & Name | 1-Year Return |
| 1 |
SMCI
Super Micro Computer Inc.
|
497.02% |
| 2 |
APP
Applovin Corp - Class A
|
349.24% |
| 3 |
MSTR
Microstrategy Inc - Class A
|
284.87% |
| 4 |
COIN
Coinbase Global Inc - Class A
|
268.03% |
| 5 |
AFRM
Affirm Holdings Inc
|
225.86% |
| 6 |
NVDA
NVIDIA CORP
|
215.74% |
| 7 |
CRWD
Crowdstrike Holdings Inc - A
|
155.25% |
| 8 |
CEG
CONSTELLATION ENERGY
|
152.31% |
| 9 |
NRG
NRG Energy Inc
|
134.65% |
| 10 |
CELH
Celsius Holdings Inc
|
121.42% |
| 11 |
PDD
PDD Holdings Inc
|
118.28% |
| 12 |
WDC
Western Digital Corp
|
113.72% |
| 13 |
GE
General Electric Corp
|
111.12% |
| 14 |
AVGO
Broadcom Inc
|
106.80% |
| 15 |
HOOD
Robinhood Markets Inc - A
|
103.28% |
| 16 |
DUOL
Duolingo
|
101.39% |
| 17 |
META
META Platforms Inc - Class A
|
101.15% |
| 18 |
ANET
Arista Networks Inc
|
98.57% |
| 19 |
ZS
ZSCALER INC
|
97.73% |
| 20 |
URI
United Rentals Inc
|
97.13% |
| 21 |
FLEX
Flex LTD>
|
95.42% |
| 22 |
MU
Micron Technology Inc
|
94.69% |
| 23 |
ETN
Eaton Corps PLC
|
91.42% |
| 24 |
WING
Wingstop Inc
|
89.24% |
| 25 |
NFLX
Netflix Inc
|
87.76% |
| Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 5/7/2024 | ||
Best Stocks: 5-Year Returns*
| Rank | Stock Ticker & Name | 5-Year Return |
| 1 |
CELH
Celsius Holdings Inc
|
5370.38% |
| 2 |
SMCI
Super Micro Computer Inc
|
5135.08% |
| 3 |
NVDA
NVIDIA CORP
|
1992.40% |
| 4 |
TSLA
Tesla Inc
|
979.56% |
| 5 |
BLDR
Builders Firstsource Inc
|
873.48% |
| 6 |
MSTR
Microstrategy Inc - Class A
|
745.15% |
| 7 |
ENPH
Enphase Energy Inc
|
708.76% |
| 8 |
SWAV
Shockwave Medical Inc
|
617.52% |
| 9 |
PWR
Quanta Services Inc
|
602.87% |
| 10 |
MEDP
Medplace Holdings Inc
|
602.48% |
| 11 |
LLY
Eli Lilly & Co
|
576.67% |
| 12 |
BNTX
BIONTECH SE-ADR
|
540.35% |
| 13 |
KLAC
KLA CORP
|
510.79% |
| 14 |
PDD
PDD Holdings Inc
|
503.20% |
| 15 |
SAIA
SAIA Inc
|
500.38% |
| 16 |
AMD
Advanced Micro Devices
|
479.26% |
| 17 |
DECK
DECKERS OUTDOOR CORP
|
469.04% |
| 18 |
CRWD
Crowdstrike Holdings Inc
|
438.88% |
| 19 |
CARR
Carrier Global Corp
|
435.50% |
| 20 |
WING
Wingstop Inc
|
423.34% |
| 21 |
NTRA
Natera Inc
|
415.93% |
| 22 |
MPWR
Monolithic Power Systems Inc
|
407.31% |
| 23 |
URI
United Rentals Inc
|
402.17% |
| 24 |
LSCC
Lattice Semiconductor Corp
|
401.75% |
| 25 |
MRNA
Moderna Inc
|
393.16% |
| Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 5/7/2024 | ||
For reference, we wanted to include a list of mega cap stocks that generally come to mind when speaking of long-term appreciation. Several racked up impressive gains!
| Ticker | 1-Year Return | 5-Year Return |
|
GOOGL
Alphabet
|
62.86% | 194.66% |
|
AMZN
Amazon
|
78.66% | 96.52% |
|
AAPL
Apple
|
5.09% | 259.66% |
|
META
Meta
|
101.15% | 146.74% |
|
MSFT
Microsoft
|
31.77% | 226.12% |
|
NFLX
Netflix
|
87.76% | 63.58% |
|
NVDA
Nvidia
|
215.74% | 1992.40% |
At DonateStock, we know that appreciated stocks exponentially benefit both donors and nonprofits when benevolent (and strategic) investors avoid capital gains tax on stock by donating stock to charities they believe in. If you want to maximize your giving, gifting stock is one of the best tactics you can use.
*Data provided by hedge fund veteran and market analyst Berna Barshay.
Please note: we are not financial advisors and we do not provide investment or tax advice. This is informational only. Please speak to a tax professional.
Setting up nonprofits for stock gifting success
When you allow donors to donate stock to charity, you enable them to avoid capital gains tax on stocks—this often results in substantial savings. It also allows you to receive a larger pre-tax gift and keep the proceeds that would otherwise be paid to the IRS. When you donate stock, everyone wins. We’ve made it fast, safe and free—in less than 10 minutes, anyone can donate stock to charity (more than 1.5 million nonprofits) on our platform.
Claim your free stock gifting page in minutes and accept stock donations today.
Why donate stock to charity?
Donating stock (vs. cash) allows you to donate more and save money. When you donate stock, you avoid capital gains tax while earning a bigger tax deduction. Nonprofits also get to keep more, meaning everybody wins.
Learn more about the benefits of stock gifting and how to avoid capital gains tax on stocks.