The Best Stocks to Donate Now
As of 9/30/2023
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 |
SMCI
Super Micro Computer Inc.
|
404% |
| 2 |
NVDA
NVIDIA CORP.
|
256% |
| 3 |
SYM
Symbotic Inc.
|
207% |
| 4 |
GE
General Electric Co.
|
126% |
| 5 |
META
META Platforms Inc. - Class A
|
120% |
| 6 |
RCL
Royal Caribbean Cruises Ltd.
|
111% |
| 7 |
FICO
Fair Isaac Corp.
|
104% |
| 8 |
APP
Applovin Corp - Class A
|
103% |
| 9 |
PHM
PULTEGROUP Inc.
|
94% |
| 10 |
DKNG
Draftkings Inc. - Class A
|
92% |
| 11 |
CELH
Celsius Holdings Inc.
|
89% |
| 12 |
SPLK
Splunk Inc.
|
88% |
| 13 |
HZNP
Horizon Therapeutics PLC.
|
85% |
| 14 |
AVGO
Broadcom Inc.
|
85% |
| 15 |
BKNG
Booking Holdings Inc.
|
84% |
| 16 |
ADBE
Adobe Inc.
|
83% |
| 17 |
MDB
Mongodb Inc.
|
78% |
| 18 |
AXON
Axon Enterprise Inc.
|
74% |
| 19 |
FDX
Fedex Corp.
|
74% |
| 20 |
ACGL
Arch Capital Group LTD.
|
74% |
| 21 |
ORCL
Oracle Corp.
|
73% |
| 22 |
LSCC
Lattice Semiconductor Corp.
|
71% |
| 23 |
LRCX
Lam Research Corp.
|
69% |
| 24 |
RYAAY
RyanAir Holdings PLC-SP ADR
|
69% |
| 25 |
LEGN
Legend Biotech CORP-ADR
|
67% |
| Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 1 Year to 9/29/2023 | ||
Best Stocks: 5-Year Returns*
| Rank | Stock Ticker & Name | 5-Year Return |
| 1 |
CELH
Celsius Holdings Inc.
|
4158% |
| 2 |
ENPH
Enphase Energy Inc.
|
2377% |
| 3 |
SMCI
Super Micro Computer Inc.
|
1652% |
| 4 |
TSLA
Tesla Inc
|
1318% |
| 5 |
LSCC
Lattice Semiconductor Co.
|
974% |
| 6 |
BNTX
BioNTech SE-ADR
|
665% |
| 7 |
ARGX
Argenx SE-ADR
|
548% |
| 8 |
NVDA
NVIDIA CORP
|
519% |
| 9 |
HZNP
Horizon Therapeutics PLC
|
491% |
| 10 |
PWR
Quanta Services Inc.
|
460% |
| 11 |
MRNA
Moderna Inc.
|
455% |
| 12 |
TTD
Trade Desk Inc - Class A
|
418% |
| 13 |
CDNS
Cadence Design Sys Inc.
|
417% |
| 14 |
ON
ON Semiconductor
|
404% |
| 15 |
LLY
Eli Lilly & Co
|
401% |
| 16 |
SNPS
Synopsis Inc.
|
365% |
| 17 |
CARR
Carrier Global Corp.
|
360% |
| 17 |
KLAC
KLA CORP
|
351% |
| 19 |
MDB
Mongodb Inc.
|
324% |
| 20 |
LRCX
Lam Research Corp
|
313% |
| 21 |
CMG
Chipotle Mexican Grill Inc.
|
303% |
| 22 |
ZS
ZSCALER INC
|
282% |
| 23 |
ODFL
Old Dominion Freight Line
|
281% |
| 24 |
FICO
Fair Isaac Corp
|
280% |
| 25 |
PDD
PDD Holdings Inc
|
273% |
| Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 5 Years to 9/29/2023 | ||
Best Stocks 10-Year Returns*
| Rank | Stock Ticker & Name | 10-Year Return |
| 1 |
NVDA
Nvidia Corp.
|
11068% |
| 2 |
CELH
Celcius Holdings Inc
|
4137% |
| 3 |
AMD
Advanced Micro Devices
|
3722% |
| 4 |
HZNP
Horizon Therapeutics PLC
|
3353% |
| 5 |
TTD
Trade Desk Inc - Class A
|
2496% |
| 6 |
ARGX
Argenx SE - ADR
|
2038% |
| 7 |
SMCI
Super Micro Computer Inc
|
1945% |
| 8 |
TSLA
Tesla Inc
|
1867% |
| 9 |
AVGO
Broadcom Inc
|
1845% |
| 10 |
LSCC
Lattice Semiconductor Corp
|
1814% |
| 11 |
CDNS
Cadence Design SYS INC
|
1629% |
| 12 |
PAYC
Paycom Software Inc
|
1589% |
| 13 |
FICO
Fair Isaac Corp
|
1473% |
| 14 |
MPWR
Monolithic Power Systems Inc
|
1445% |
| 15 |
ENPH
Enphase Energy Inc
|
1413% |
| 15 |
FTNT
Fortinet Inc
|
1340% |
| 17 |
DXCM
Dexcom Inc
|
1271% |
| 18 |
ODFL
Old Dominion Freight Line
|
1254% |
| 19 |
AXON
Axon Enterprise Inc
|
1239% |
| 20 |
ANET
Arista Networks Inc
|
1238% |
| 21 |
ON
ON Semiconductor
|
1177% |
| 22 |
MSCI
MSCI Inc
|
1175% |
| 23 |
LRCX
Lam Research Corp
|
1126% |
| 24 |
SNPS
Synopsis Inc
|
1120% |
| 25 |
CPRT
Copart Inc
|
1012% |
| Best performing members of the S&P 500 and NASDAQ Composite with a market cap > $10 billion. 10 Years to 9/29/2023 | ||
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 | 10-Year Return |
|
GOOGL
Alphabet
|
34.33% | 116.82% | 496.69% |
|
AMZN
Amazon
|
10.73% | 26.93% | 704.53% |
|
AAPL
Apple
|
20.16% | 203.38% | 893.04% |
|
META
Meta
|
120.08% | 82.54% | 485.89% |
|
MSFT
Microsoft
|
32.95% | 176.08% | 848.48% |
|
NFLX
Netflix
|
57.52% | 0.93% | 746.09% |
|
NVDA
Nvidia
|
255.97% | 519.16% | 11067.91% |
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.