The Best Stocks to Donate Now

As of 11/27/2023
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*

Rank	Stock Ticker & Name	1-Year Return
1	SYM Symbotic Inc	354%
2	SMCI Super Micro Computer Inc	209%
3	META Meta Platforms Inc - Class A	200%
4	NVDA NVIDIA Corp	196%
5	APP Applovin Corp - Class A	180%
6	MDB Mongodb Inc	172%
7	COIN Coinbase Global Inc - Class A	170%
8	DKNG Draftkings Inc - Class A	155%
9	PHM PULTEGROUP Inc.	97%
10	SPLK Splunk Inc	93%
11	ADBE Adobe Inc	85%
12	FICO Fair Isaac Corp	83%
13	ROKU Roku Inc	83%
14	AVGO Broadcom Inc.	79%
15	PDD PDD Holdings Inc	79%
16	FCNCA First Citizens BCSHS - Class A	78%
17	RCL Royal Caribbean Cruises Ltd	78%
18	GE General Electric Co	74%
19	NTES Netease Inc - ADR	74%
20	DASH Doordash Inc - Class A	69%
21	MELI MercadoLibre Inc	68%
22	NFLX Netflix Inc	67%
23	TW Tradeweb Markets Inc - Class A	65%
24	NOW ServiceNow Inc	64%
25	SNPS Synopsis Inc	63%
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 11/27/2023

Best Stocks: 5-Year Returns*

Rank	Stock Ticker & Name	5-Year Return
1	CELH Celsius Holdings Inc.	4138%
2	SMCI Super Micro Computer Inc	1755%
3	ENPH Enphase Energy Inc	1738%
4	NVDA NVIDIA Inc	1318%
5	TSLA Tesla Inc	929%
6	LSCC Lattice Semiconductor Co	917%
7	BNTX Biontech SE-ADR	582%
8	CDNS Cadence Design Sys Inc	530%
9	SNPS Synopsis Inc	525%
10	FICO Fair Isaac Corp	509%
11	AMD Advanced Micro Devices	482%
12	KLAC KLA CORP	478%
13	SYM Symbotic Inc	467%
14	ZS Zscaler Inc	454%
15	PWR Quanta Services Inc	435%
16	TTD Trade Desc Inc - Class A	434%
17	ARGX Argenx SE - ADR	434%
17	PDD PDD Holdings Inc	424%
19	LLY Eli Lilly & Co	417%
20	MDB Mongodb Inc	405%
21	LRCX LAM Research Corp	392%
22	AXON Axon Enterprise Inc	390%
23	MELI MercadoLibre Inc	382%
24	CMG Chipotle Mexican Grill Inc	366%
25	ODFL Old Dominion Freight Line	350%
Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 11/27/2023

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	39.97%	159.27%
AMZN Amazon	58.15%	86.83%
AAPL Apple	28.14%	335.70%
META Meta	200.42%	147.93%
MSFT Microsoft	52.98%	253.38%
NFLX Netflix	67.81%	79.71%
NVDA Nvidia	196.51%	1155.24%

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.