The Best Stocks to Donate Now
The Best Stocks to Donate Now
As of 5/22/2023
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 |
SYM
Symbotic Inc.
|
212.8% |
2 |
FSLR
First Solar Inc.
|
206.6% |
3 |
CELH
Celsius Holdings Inc.
|
123.2% |
4 |
SRPT
Sarepta Therapeutics Inc.
|
109.5% |
5 |
FCNCA
First Citizens BCSHS -CL A
|
105.5% |
6 |
AXON
Axon Enterprise Inc.
|
102.9% |
7 |
FICO
Fair Isaac Corp.
|
96.4% |
8 |
APLS
Apellis Pharmaceuticals Inc.
|
95.2% |
9 |
NFLX
Netflix Inc.
|
94.8% |
10 |
NVDA
Nvidia Corp.
|
86.7% |
11 |
DKNG
Draftkings Inc.-CL A
|
79.7% |
12 |
SWAV
Shockwave Medical Inc.
|
78.5% |
13 |
GE
General Electric Co.
|
78.0% |
14 |
LVS
Las Vegas Sands Corp.
|
77.7% |
15 |
LW
Lamb Weston Holdings Inc.
|
76.9% |
16 |
MELI
Mercadolibre Inc.
|
72.7% |
17 |
WYNN
Wynn Resorts ltd.
|
71.8% |
18 |
BA
Boeing Co/The
|
70.6% |
19 |
LSCC
Lattice Semiconductor Corp.
|
68.2% |
20 |
CMG
Chipotle Mexican Grill Inc
|
62.4% |
21 |
ORLY
O'Reilly Automotive Inc.
|
62.1% |
22 |
ACGL
Arch Capital Group Ltd.
|
61.8% |
23 |
CPRT
Copart Inc.
|
59.0% |
24 |
FIVE
Five Below
|
58.2% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 5/22/2023 |
Best Stocks: 5-Year Returns*
Rank | Stock Ticker & Name | 5-Year Return |
1 |
CELH
Celsius Holdings Inc.
|
3132.0% |
2 |
ENPH
Enphase Energy Inc.
|
2872.0% |
3 |
LSCC
Lattice Semiconductor Corp
|
1413.3% |
4 |
TSLA
Tesla Inc
|
930.1% |
5 |
SWAV
Shockwave Medical Inc.
|
826.7% |
6 |
TTD
Trade Desk Inc/The -Class A
|
733.2% |
7 |
AMD
Advanced Micro Devices
|
732.0% |
8 |
BNTX
BioNTech SE-ADR
|
657.4% |
9 |
MRNA
Moderna Inc
|
581.4% |
10 |
HZNP
Horizon Therapeutics PLC
|
566.0% |
11 |
MDB
MongoDB Inc
|
555.0% |
12 |
FTNT
Fortinet Inc
|
491.4% |
13 |
DXCM
Dexcom Inc
|
452.9% |
14 |
LLY
Eli Lilly & Co
|
427.8% |
15 |
NVDA
Nvidia Corp
|
413.8% |
16 |
CDNS
Cadence Design Sys Inc.
|
403.2% |
17 |
CMG
Chipotle Mexican Grill Inc
|
384.9% |
18 |
ZS
Zscaler Inc
|
375.6% |
19 |
PWR
Quanta Services Inc
|
372.4% |
20 |
MELI
Mercadolibre Inc
|
354.4% |
21 |
SEDG
Solaredge Technologies Inc
|
350.4% |
22 |
SNPS
Synopsys Inc
|
349.9% |
23 |
ARGX
Argenx SE - ADR
|
343.3% |
24 |
APLS
Apellis Pharmaceuticals Inc.
|
340.4% |
25 |
AZO
Autozone Inc.
|
335.1% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 5/22/2023 |
Best Stocks 10-Year Returns*
Rank | Stock Ticker & Name | 10-Year Return |
1 |
NVDA
Nvidia Corp.
|
8560.0% |
2 |
HZNP
Horizon Therapeutics PLC
|
4107.9% |
3 |
AMD
Advanced Micro Devices
|
3914.8% |
4 |
TSLA
Tesla Inc.
|
3147.4% |
5 |
CELH
Celsius Holdings Inc.
|
3140.0% |
6 |
AXON
Axon Enterprise Inc.
|
2265.1% |
7 |
DXCM
Dexcom Inc
|
2243.6% |
8 |
TTD
Trade Desk Inc/The -Class A
|
2176.4% |
9 |
AVGO
Broadcom Inc
|
1862.8% |
10 |
ENPH
Enphase Energy Inc
|
1853.1% |
11 |
PAYC
Paycom Software inc
|
1784.0% |
12 |
MPWR
Monolithic Power Systems Inc
|
1774.5% |
13 |
FTNT
Fortinet Inc
|
1757.8% |
14 |
ARGX
Argenx SE - ADR
|
1724.7% |
15 |
LSCC
Lattice Semiconductor Corp
|
1573.1% |
16 |
FICO
Fair Isaac Corp.
|
1475.8% |
17 |
CDNS
Cadence Design Sys Inc
|
1345.5% |
18 |
SEDG
Solaredge Technologies Inc
|
1343.8% |
19 |
MSCI
MSCI Inc
|
1279.7% |
20 |
NOW
Servicenow Inc
|
1231.0% |
21 |
LRCX
Lam Research Corp
|
1146.1% |
22 |
IDXX
Idexx laboratories inc
|
1066.4% |
23 |
SNPS
Synopsys Inc
|
1034.6% |
24 |
EPAM
EPAM Systems inc
|
1020.0% |
25 |
NFLX
Netflix Inc
|
1011.7% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 10 Years to 5/22/2023 |
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
|
272.3% | 1104.1% |
AMZN
Amazon
|
45.4% | 774.7% |
GOOGL
Alphabet
|
132.5% | 461.8% |
META
Meta
|
35.1% | 887.0% |
NVDA
Nvidia
|
413.8% | 8560.0% |
NFLX
Netflix
|
9.4% | 1011.7% |
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.