The Best Stocks to Donate Now
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As of 8/2/2024
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 |
MSTR
MICROSTRATEGY INC-CL A
|
255.48% |
2 |
INSM
INSMED INC
|
229.86% |
3 |
VST
VISTRA CORP
|
158.77% |
4 |
NVDA
NVIDIA CORP
|
142.31% |
5 |
COIN
COINBASE GLOBAL INC -CLASS A
|
126.08% |
6 |
APP
APPLOVIN CORP-CLASS A
|
120.54% |
7 |
WING
WINGSTOP INC
|
116.3% |
8 |
COKE
COCA-COLA CONSOLIDATED INC
|
104.2% |
9 |
GDDY
GODADDY INC - CLASS A
|
100.25% |
10 |
SMCI
SUPER MICRO COMPUTER INC
|
95.44% |
11 |
FICO
FAIR ISAAC CORP
|
94.65% |
12 |
HWM
HOWMET AEROSPACE INC
|
87.64% |
13 |
NRG
NRG ENERGY INC
|
87.32% |
14 |
KKR
KKR & CO INC
|
84.38% |
15 |
ANET
ARISTA NETWORKS INC
|
80.13% |
16 |
GE
GENERAL ELECTRIC CO
|
79.49% |
17 |
ARM
ARM HOLDINGS PLC-ADR
|
78.41% |
18 |
LLY
ELI LILLY & CO
|
77.01% |
19 |
CEG
CONSTELLATION ENERGY
|
74.86% |
20 |
IRM
IRON MOUNTAIN INC
|
73.09% |
21 |
PGR
PROGRESSIVE CORP
|
73.05% |
22 |
ERIE
ERIE INDEMNITY COMPANY-CL A
|
69.85% |
23 |
ALL
ALLSTATE CORP
|
66.01% |
24 |
AXON
AXON ENTERPRISE INC
|
64.23% |
25 |
AVGO
BROADCOM INC
|
61.18% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 8/2/2024 |
Best Stocks: 5-Year Returns*
Rank | Stock Ticker & Name | 5-Year Return |
1 |
SMCI
SUPER MICRO COMPUTER INC
|
3891.37% |
2 |
NVDA
NVIDIA CORP
|
2561.95% |
3 |
CELH
CELSIUS HOLDINGS INC
|
2509.57% |
4 |
TSLA
TESLA INC
|
1229.29% |
5 |
MSTR
MICROSTRATEGY INC-CL A
|
978.18% |
6 |
BLDR
BUILDERS FIRSTSOURCE INC
|
706.31% |
7 |
PWR
QUANTA SERVICES INC
|
618.95% |
8 |
LLY
ELI LILLY & CO
|
615.58% |
9 |
MRNA
MODERNA INC
|
580.13% |
10 |
DECK
DECKERS OUTDOOR CORP
|
489.34% |
11 |
BNTX
BIONTECH SE-ADR
|
477.85% |
12 |
URI
UNITED RENTALS INC
|
472.5% |
13 |
PDD
PDD HOLDINGS INC
|
454.2% |
14 |
MPWR
MONOLITHIC POWER SYSTEMS INC
|
442.77% |
15 |
CARR
CARRIER GLOBAL CORP
|
433.25% |
16 |
ANET
ARISTA NETWORKS INC
|
423.25% |
17 |
KLAC
KLA CORP
|
422.49% |
18 |
AVGO
BROADCOM INC
|
416.35% |
19 |
SAIA
SAIA INC
|
397.07% |
20 |
MEDP
MEDPACE HOLDINGS INC
|
392.94% |
21 |
HWM
HOWMET AEROSPACE INC
|
354.92% |
22 |
FICO
FAIR ISAAC CORP
|
354.27% |
23 |
AMD
ADVANCED MICRO DEVICES
|
350.07% |
24 |
FCNCA
FIRST CITIZENS BCSHS -CL A
|
339.04% |
25 |
COKE
COCA-COLA CONSOLIDATED INC
|
335.51% |
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 8/2/2024 |
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
|
29.82% | 178.62% |
AMZN
Amazon
|
30.96% | 84.18% |
AAPL
Apple
|
14.17% | 331.06% |
META
Meta
|
55.31% | 158.25% |
MSFT
Microsoft
|
24.73% | 198.39% |
NFLX
Netflix
|
42.81% | 92.47% |
NVDA
Nvidia
|
142.31% | 2561.92% |
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.