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:

  1. Harvest gains on hot stocks held 12+ months
  2. Donate your all-time winners
  3. 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*

RankStock Ticker & Name1-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
L
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
L
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*

RankStock Ticker & Name5-Year Return
1
CELH
Celsius Holdings Inc.
3132.0%
2
ENPH
Enphase Energy Inc.
2872.0%
3
L
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
H
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
P
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
A
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*

RankStock Ticker & Name10-Year Return
1
NVDA
Nvidia Corp.
8560.0%
2
H
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
M
MPWR
Monolithic Power Systems Inc
1774.5%
13
FTNT
Fortinet Inc
1757.8%
14
A
ARGX
Argenx SE - ADR
1724.7%
15
L
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!

Ticker5-Year Return10-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.