Markets
IBB

Nasdaq Composite: What Are You Buying That's Driving New Highs? - Real Time Insight

Buy or sell dice

We know the Nasdaq 100 (QQQ) has been a strong market-leading index this summer, with Apple, Microsoft, Gilead Sciences, Priceline.com, and Facebook (FB) "pulling their weight" in this cap-weighted basket.

But, today the Nasdaq Composite also made a new bull market high over 4,500. This is still over 10% from the Tech Bubble highs of 2000. But it is remarkable nonetheless because it means many other stocks besides the big caps are making new highs.

From the Nasdaq website, I gathered that there are about 300 mid-cap stocks in the Nasdaq Composite and over 900 small-caps, as well as nearly 1,000 micro-caps stocks. Here are some tickers from the mids and smalls that standout to me lately, with obvious representation from the Biotech wing of the market (IBB)...

Mid-Caps

JAZZ

SLXP

PCYC

MDVN

BMRN

SCTY

FSLR

INCY

CTRP

Small-Caps

CSIQ

ACHN

KERX

HAWK

EPZM

BCRX

IRDM

SANM

SAIA

What mid and small-cap growth stocks are you buying (or being joined in recently by others) that is driving the COMP to new highs?

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

ISHARS-R 2000 (IWM): ETF Research Reports

ISHARES NDQ BIO (IBB): ETF Research Reports

FACEBOOK INC-A (FB): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

IBB FB QQQ IWM

Other Topics

Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More