In this article, we will take a look at some of the best NASDAQ stocks under $50 to buy.
In this era where everyone is striving for the best, whether it be something in daily life or technology, the stock market is no exception. There are different measures to label the “best” stocks; however, the most common is a high-return stock.
As the Goldman Sachs Equity Strategy Team cited,
“Stocks with strong upside potential often exhibit a combination of mispricing, durable business models, and the capacity to deliver sustained returns.”
In simple terms, the best stocks are the kind of stocks that are trading below what they are truly worth, exhibiting strong upside potential, and belonging to higher-return markets. With that being said, these stocks may not necessarily be market favorites with high prices; sometimes, these are just the ones the market hasn’t fully realized yet. With investors showing an inclination toward growth stocks, we will take a look at some of the best NASDAQ stocks to consider.
Our Methodology
In compiling the list of stocks, we have considered stocks having a record of market outperformance, with high price targets by analysts. From technology to pharmaceuticals, these stocks belong to high-growth, diverse sectors. These companies are then listed according to the upside potential, calculated through the one-year price targets by Yahoo Finance, from lowest to highest.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. TTM Technologies, Inc. (NASDAQ:TTMI)
Upside potential as of June 16, 2025: 2.45%
Stifel has maintained a Buy rating on TTM Technologies, Inc. (NASDAQ:TTMI), while raising the price target to $40 from $33 due to the company’s solid performance in key sectors, including aerospace, defense, and data centers.
Recently, the financial services company hosted Thomas Edman, the President and CEO of TM, and Sameer Desai, the VP of Corporate Development and Investor Relations, at its 2025 Stifel CSI Conference. Considering the returns, the giant has consistently outperformed the market. While the one-year return by the broader market stands at 11.07%, TTM Technologies, Inc. (NASDAQ:TTMI) delivered an impressive 105.37% return. Similarly, the three-year and five-year returns by TTMI surpass the market by 131.24% and 119.39%, respectively.
The effort to shift to more stable and higher-margin markets is certainly paying off. But the real intrigue lies in the giant’s role in the next wave of defense projects, particularly the Golden Dome missile defense system. By 2026, U.S. defense spending will exceed the $1 trillion mark, and this means more popularity of companies providing defense electronics.
TTM Technologies, Inc. (NASDAQ:TTMI) is a California-based manufacturer of technology solutions, mainly mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB). Founded in 1978, the company is focused on delivering superior value.
9. Rocket Lab Corporation (NASDAQ:RKLB)
Upside potential as of June 16, 2025: 5.05%
Analysts at Cantor Fitzgerald have reaffirmed their Overweight rating and $35.00 price target on Rocket Lab Corporation (NASDAQ:RKLB), implying a 35% upside from the current levels. This optimism stems from the investor meetings across Europe in the past week, where topics like Electron’s launch cadence, Neutron rocket development, and the space systems segment were discussed.
The firm noted that the company’s recent initiatives speak volumes regarding its prospects. Rocket Lab Corporation (NASDAQ:RKLB) possesses a competitive edge against SpaceX, its latest acquisitions of Mynaric and Geost, as well as talks around President Trump’s Golden Dome Initiative. Additionally, the successful execution of 66 space launches adds an extra layer of excellence.
With a market capitalization of $11.91 billion, Rocket Lab Corporation (NASDAQ:RKLB) was regarded by the leading investment firm during its assessment as an “end-to-end space company that is best-positioned in the industry.” What’s even more exciting is that the company is a potential beneficiary of the public disagreement between President Trump and Elon Musk.
Rocket Lab Corporation (NASDAQ:RKLB) is a California-based company that provides launch services and space systems solutions. Founded in 2006, the core offerings of the company include launch services, spacecraft manufacturing and design, and spacecraft components. The giant is aimed at leveraging space for innovation.
Hedge Fund Resource Center