On July 3, Dan Ives, the Global Head of Tech Research at Wedbush, appeared on CNBC to suggest that AI will fuel a multi-year tech rally. Ives stated that he believes they are only at the beginning of a golden age for tech. He predicted that tech stocks could rise another 10% to 15% in H2 2025, driven by the unfolding second, third, and fourth derivatives of AI across software, semiconductors, and consumer reports. He emphasized that the AI revolution is the central focus, and its progression is what he believes will propel the NASDAQ to 22,000 or 23,000.
Market movements are rarely linear, and there’s always some kind of downside risk investors should anticipate, even if the long-term trend is upward. Ives acknowledged that such risks, including upcoming trade deals (like the July 9 deadline), Fed actions, and geopolitical events, represent white knuckle moments. However, he viewed these moments as opportunities, consistent with his approach throughout his career, particularly if the fundamental stories are playing out. He reiterated his belief that the tech sector is just starting a 3-year tech bull market, with an anticipated $2 trillion in AI spending over the next 3 years.
That being said, we’re here with a list of the 12 best performing NASDAQ stocks according to analysts.
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Methodology
We sifted through the Finviz stock screener to compile a list of the best-performing stocks that are listed on NASDAQ and have a year-to-date performance exceeding 100%. We then selected 12 stocks with an upside potential of over 50%. The stocks are ranked in ascending order of their upside potential. We have also added the hedge fund sentiment for each stock, as of Q1 2025, which was sourced from Insider Monkey’s database.
Note: All data was collected on July 7.
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).
12 Best Performing NASDAQ Stocks According to Analysts
12. DBV Technologies (NASDAQ:DBVT)
Year-to-Date Performance as of July 7: 256.31%
Number of Hedge Fund Holders: 2
Average Upside Potential as of July 7: 58.95%
DBV Technologies (NASDAQ:DBVT) is one of the best-performing NASDAQ stocks according to analysts. On June 25, DBV Technologies announced the screening of the first subject in its COMFORT Toddlers supplemental safety study. The study is evaluating the Viaskin Peanut patch 250 μg in peanut-allergic children between 1 and 3 years old. The announcement was made from Châtillon in France.
The COMFORT Toddlers study is a Phase 3, double-blind, and placebo-controlled/DBPC safety study. It aims to supplement existing safety and efficacy data from the previously completed Phase 3 EPITOPE study, which focused on the same patient population. The study duration is 6 months, followed by an optional 18-month open-label treatment phase. The design will allow for up to 24 or 18 months of active treatment with the Viaskin Peanut patch for participants randomized to the active or placebo groups, respectively.
DBV Technologies plans to enroll ~480 subjects across 80 to 90 study centers in the US, Canada, Australia, the UK, and Europe. The data generated from the COMFORT Toddlers study is expected to complete the necessary dataset for a Biologics License Application/BLA submission to the FDA. This submission is anticipated in H2 2026 under the Accelerated Approval Pathway, as previously agreed upon with the FDA.
DBV Technologies (NASDAQ:DBVT) is a clinical-stage biopharmaceutical company that researches and develops epicutaneous immunotherapy products in France.
11. Foremost Clean Energy (NASDAQ:FMST)
Year-to-Date Performance as of July 7: 126.09%
Number of Hedge Fund Holders: 2
Average Upside Potential as of July 7: 67.36%
Foremost Clean Energy (NASDAQ:FMST) is one of the best-performing NASDAQ stocks according to analysts. On July 2, Foremost Clean Energy Ltd. announced that drilling is scheduled to commence later this month at its Murphy Lake South Uranium Property. The property is located in the Athabasca Basin region of northern Saskatchewan, which is the focus of a fully permitted and funded first phase of a multi-phase drilling program.
The objective is to test high-priority structural corridors situated adjacent to the LaRocque Lake Conductive Corridor, which is known to host IsoEnergy’s high-grade Hurricane Deposit. The Murphy Lake South Property spans 17,676 acres and is situated approximately 30 kilometers northwest of the McClean Lake mill.
The initial Phase 1 drilling program is expected to involve ~1,500 meters of diamond drilling. The drilling will concentrate on graphitic faults and offset structures identified through previous geophysics and geological interpretations.
Foremost Clean Energy (NASDAQ:FMST) is an exploration-stage company that explores and develops uranium and lithium assets in North America.
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