On August 21, Matthew Miskin, Manulife John Hancock Investments’ co-chief investment strategist, joined ‘The Exchange’ on CNBC to discuss the market levels and where investors can find quality stocks. Miskin acknowledged that today’s market reminds people that it was anticipating rate cuts. He noted that the economy was accelerating in August, based on recent PMI data, which caused a sell-off in the market. He believes that there is value in the stocks that are currently being sold off, particularly high-quality stocks, which he thinks have been underappreciated in terms of earnings growth and will make a comeback in H2 of the year. Miskin recommended that investors return to these quality stocks, using their strong balance sheets, high return on equity, and favorable profit margins to navigate the volatility.
Miskin identified several sectors where investors can find quality stocks, with tech being the poster child. He pointed to its strong earnings growth, balance sheets, and profit margins. While he admitted that valuations in the tech sector are rich, he asserted that its earnings growth is among the best in the world. He also mentioned the communication services sector as having a similar story. Furthermore, he saw potential in industrials and cited high-quality companies that are benefiting from the on-shoring capital expenditure boom across the country. He emphasized that the broader market has reached the limits of multiple expansion, and the key driver for returns from now on will be earnings growth.
That being said, we’re here with a list of the 12 best QQQ stocks to buy right now.
Our Methodology
We sifted through the Invesco QQQ exchange-traded fund (ETF) holdings to find the 12 best stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q2 2025. The hedge fund data was sourced from Insider Monkey’s database, which tracks the moves of over 1000 elite money managers.
Note: All Data was Sourced on September 1.
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 QQQ Stocks to Buy Right Now
12. Synopsys Inc. (NASDAQ:SNPS)
Number of Hedge Fund Holders: 66
Synopsys Inc. (NASDAQ:SNPS) is one of the best QQQ stocks to buy right now. On September 3, KeyBanc analyst Jason Celino raised the firm’s price target on Synopsys to $660 from $610, while keeping an Overweight rating on the shares ahead of quarterly results. This will be the first quarter at the company where it will report its combined financials and guidance, inclusive of the recently closed Ansys deal. KeyBanc expects Ansys to contribute ~$100 million in Q3 2025, and ~$750 million in FY2025.
Earlier this year, Synopsys reported a revenue of $1.6 billion in Q2, which was a 10% increase year-over-year. The company’s backlog grew by $400 million quarter-on-quarter and reached $8.1 billion. As of the end of the quarter, Synopsys had $14.3 billion in cash and short-term investments and $10.1 billion in debt.
Design Automation revenue particularly reached $1.12 billion, which marked a 6% year-over-year increase. The Design IP segment saw a 21% revenue increase and made $492 million. This growth was attributed to strong demand for high-speed SerDes IP and other interface IP. Synopsys generated ~$220 million in free cash flow during the quarter.
Synopsys Inc. (NASDAQ:SNPS) provides electronic design automation software products used to design and test integrated circuits. It operates in 2 segments: Design Automation and Design IP.
11. CrowdStrike Holdings Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 66
CrowdStrike Holdings Inc. (NASDAQ:CRWD) is one of the best QQQ stocks to buy right now. On August 28, Scotiabank analyst Patrick Colville lowered the firm’s price target on CrowdStrike to $440 from $480, while maintaining a Sector Perform rating on the shares. The firm continues to be impressed with the company’s delivery following its Falcon Outage Incident in July 2024. However, the firm does remain cautious and barely increased its revenue target for FY2026.
This sentiment followed the company’s FQ2 2026 earnings report, where CrowdStrike Holdings’ total revenue grew by 21% year-over-year to $1.17 billion, with subscription revenue at $1.10 billion, which itself was a 20% increase. The professional services revenue also stood at a record $66 million. Net new Annual Recurring Revenue/ARR reached a record $221 million. The ending ARR stood at $4.66 billion, which was a 20% increase.
The combined ARR from its Cloud, Next-Gen Identity, and Next-Gen SIEM products exceeded $1.56 billion, growing over 40% year-over-year. The company’s cash position remains strong, with a record $4.97 billion in cash and cash equivalents. It also reported a record Q2 free cash flow of $284 million, representing 24% of revenue.
CrowdStrike Holdings Inc. (NASDAQ:CRWD) provides cybersecurity solutions. Its unified platform provides cloud-delivered protection of endpoints, cloud workloads, identity, and data through a SaaS subscription-based model.
