The Best Stocks to Donate Now
The Best Stocks to Donate Now
As of 2/9/2023
After a 12-year bull market the Nasdaq, S&P 500 and Dow Jones Industrial Average have all contracted since November 2021. Despite recent woes, there are still many outsized gainers that are ripe for tax-advantaged harvesting by donating stocks to charity.
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 |
FSLR
First Solar Inc
|
121.03% |
2 |
STLD
Steel Dynamics Inc
|
94.00% |
3 |
CEG
Constellation Energy
|
78.44% |
4 |
OXY
Occidental Petroleum Corp
|
56.82% |
5 |
SRPT
Sarepta Therapeutics Inc
|
53.54% |
6 |
MPC
Marathon Petroleum Corp
|
51.32% |
7 |
MBLY
Mobileye Global Inc-A
|
51.26% |
8 |
PDD
Pinduoduo Inc-Adr
|
50.74% |
9 |
HES
Hess Corp
|
50.72% |
10 |
VLO
Valero Energy Corp
|
49.28% |
11 |
LW
Lamb Weston Holdings Inc
|
47.37% |
12 |
CAH
Cardinal Health Inc
|
45.01% |
13 |
XOM
Exxon Mobil Corp
|
44.75% |
14 |
PWR
Quanta Services Inc
|
43.46% |
15 |
ALNY
Alnylam Pharmaceuticals Inc
|
42.39% |
16 |
EQT
Eqt Corp/div>
|
41.86% |
17 |
LLY
Eli Lilly & Co
|
40.50% |
18 |
MRK
Merck & Co. Inc.
|
39.45% |
19 |
ULTA
Ulta Beauty Inc
|
38.84% |
20 |
SLB
Schlumberger Ltd
|
36.65% |
21 |
NUE
Nucor Corp
|
36.23% |
22 |
LSCC
Lattice Semiconductor Corp
|
35.26% |
23 |
GWW
Ww Grainger Inc
|
35.13% |
24 |
GILD
Gilead Sciences Inc
|
34.95% |
25 |
URI
United Rentals Inc
|
34.66% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 2/9/2023 |
Best Stocks: 5-Year Returns*
Rank | Stock Ticker & Name | 5-Year Return |
1 |
ENPH
Enphase Energy Inc
|
9052.84% |
2 |
LSCC
Lattice Semiconductor Corp
|
1306.98% |
3 |
TTD
The Trade Desk
|
1065.42% |
4 |
TSLA
Tesla Inc
|
901.80% |
5 |
BNTX
BioNTech SE-ADR
|
890.26% |
6 |
SEDG
Solaredge Technologies Inc
|
818.85% |
7 |
MRNA
Moderna Inc
|
784.30% |
8 |
MDB
MongoDB Inc
|
736.36% |
9 |
HZNP
Horizon Therapeutics PLC
|
693.24% |
10 |
DXCM
Dexcom Inc
|
689.25% |
11 |
ETSY
Etsy Inc
|
638.38% |
12 |
AMD
Advanced Micro Devices
|
635.72% |
13 |
AXON
Axon Enterprise Inc
|
627.10% |
14 |
CMG
Chipotle Mexican Grill Inc
|
529.03% |
15 |
FTNT
Fortinet Inc
|
521.19% |
16 |
RGEN
Repligen Corp
|
501.75% |
17 |
PCTY
Paylocity Holding Corp
|
404.45% |
18 |
ARGX
Argenx SE - ADR
|
397.42% |
19 |
CDNS
Cadence Design Sys Inc
|
394.35% |
20 |
MPWR
Monolithic Power Systems Inc
|
363.69% |
21 |
PWR
Quanta Services Inc
|
354.70% |
22 |
LLY
Eli Lilly & Co
|
348.37% |
23 |
SNPS
Synopsys Inc
|
331.24% |
24 |
KEYS
Keysight Technologies Inc
|
321.91% |
25 |
ZS
Zscaler Inc
|
321.39% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 2/9/2023 |
Best Stocks 10-Year Returns*
Rank | Stock Ticker & Name | 10-Year Return |
1 |
TSLA
Tesla
|
7825.08% |
2 |
NVDA
Nvidia
|
7122.96% |
3 |
ENPH
Enphase Energy
|
4855.08% |
4 |
HZNP
Horizon Therapeutic
|
4625.11% |
5 |
AMD
Advanced Micro Devices
|
2993.31% |
6 |
DXCM
Dexcom
|
2800.34% |
7 |
RGEN
Repligen
|
2648.30% |
8 |
AXON
Axon Enterprise
|
2096.06% |
9 |
PAYC
Paycom Software
|
2000.85% |
10 |
MPWR
Monolithic Power Systems
|
1955.70% |
11 |
LSCC
Lattice Semiconductor Corp
|
1624.22% |
12 |
EPAM
EPAM Systems
|
1600.60% |
13 |
AVGO
Broadcom Inc
|
1597.08% |
14 |
TTD
The Trade Desk Inc
|
1557.14% |
15 |
MSCI
MSCI Inc
|
1534.57% |
16 |
ARGX
Argenx SE - ADR
|
1524.17% |
17 |
NOW
Servicenow Inc
|
1453.13% |
18 |
ODFL
Old Dominion Freight Line
|
1402.12% |
19 |
SEDG
Solaredge Technologies
|
1329.32% |
20 |
NFLX
Netflix Inc
|
1302.17% |
21 |
MELI
Mercadolibre Inc
|
1265.88% |
22 |
CDNS
Cadence Design Sys Inc
|
1215.47% |
23 |
PODD
Insulet Corp
|
1152.36% |
24 |
FTNT
Fortinet
|
1133.36% |
25 |
LRCX
Lam Research Corp
|
1109.86% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 10 Years to 2/9/2023 |
For reference, we wanted to include a list of mega cap stocks that generally come to mind when speaking of long-term appreciation. While only two made the Top 20, several racked up impressive gains!
Ticker | 5-Year Return | 10-Year Return |
AAPL
Apple
|
243% | 666% |
AMZN
Amazon
|
79% | 791% |
GOOGL
Alphabet
|
85% | 481% |
MSFT
Microsoft
|
195% | 757% |
NVDA
Nvidia
|
202% | 5258% |
NFLX
Netflix
|
51% | 2507% |
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.