15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX

In this article, we will look at the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX.

SpaceX may be taking up more of the growth-stock conversation, but the NASDAQ-100 remains one of the main public-market baskets for investors looking at large-cap innovation. The index has other visible links to AI, cloud, semiconductors, cybersecurity, consumer platforms, and earnings growth.

Invesco says the Nasdaq 100 has “higher exposure to firms developing or enabling innovation,” including companies tied to “semiconductor design, cloud architecture, entertainment technologies, e-commerce platforms, and cybersecurity solutions.” Meanwhile, BlackRock’s iShares team says the “US technology sector is reasserting its dominance,” supported by “resilient earnings,” “renewed investor inflows,” and AI tailwinds. Fidelity is saying “Tech is still king” and that the sector continues to show “some of the strongest earnings-growth potential.” In summary, the NASDAQ-100 remains closely tied to the parts of the market where earnings expectations and AI-related spending are still doing a lot of the work.

Against this backdrop, the best NASDAQ-100 stocks to buy other than SpaceX are the companies where growth, margins, product relevance, and investor attention still line up. With that in mind, let’s take a look at the 15 Best NASDAQ 100 Stocks to Buy Other Than SpaceX.

Our Methodology

We used the Finviz screener to identify NASDAQ 100 stocks other than SpaceX that carry a consensus “Buy” or better rating. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.

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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

15. Apple Inc. (NASDAQ:AAPL)

On July 7, 2026, UBS analyst David Vogt said the firm’s analysis of Apple Inc. (NASDAQ:AAPL) App Store data from Sensor Tower suggests June 2026 quarter growth of approximately 3%, with U.S. revenue declining about 6%. Vogt said easier year-over-year comparisons beginning in the September 2026 quarter could support an improvement in growth trends. UBS has a Neutral rating and $296 price target on Apple.

On July 8, Apple announced a new multiyear commitment with Broadcom (AVGO) to design and produce custom silicon components and wireless connectivity technologies for a wide range of Apple products. The agreement is expected to exceed $30B and lead to the production of more than 15 billion U.S.-made chips. Apple said the deal will also support hundreds of American jobs and allow Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5B capital expenditure investment.

On July 6, Jefferies analyst Edison Lee said China’s internet platforms have driven post-618 discounting on iPhone 17 Pro/Pro Max models since Apple raised Mac and iPad prices. Lee said the discounting, along with shorter-lived promotions from Suning and WeChat channels, contributed to roughly 20% volume growth over the recent fortnight. Jefferies said Apple may be a net beneficiary in the near term, though demand strength appears partly supported by elevated trade-in values that may be difficult to sustain. Jefferies has a Hold rating and $299.88 price target on Apple.

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

14. Amazon.com, Inc. (NASDAQ:AMZN)

On July 7, 2026, BofA raised the firm’s price target on Amazon.com, Inc. (NASDAQ:AMZN) to $165 from $145 and kept a Buy rating on the shares. BofA cited Nielsen point-of-sale data showing domestic SN product sell-through accelerated in late June, helped by the timing of Amazon Prime Day and upward revisions to prior weeks. The firm said Q2 trends moved above prior estimates, supporting the higher target on stronger sales momentum.

On July 8, TD Cowen analyst John Blackledge lowered the firm’s price target on Amazon.com to $340 from $350 and kept a Buy rating on the shares. Blackledge forecast Q2 revenue of $200.1B, 2% ahead of consensus, driven by accelerating AWS growth. Blackledge also expects operating income to be about 10% above consensus, driven by AWS and expanding North American margins.

On July 7, Bloomberg reported that Amazon is seeking to raise at least $25B through a U.S. dollar bond sale to fund investments in artificial intelligence infrastructure. The offering size could increase depending on investor demand. The company is selling the debt in as many as eight tranches, ranging from three to 40 years, with Barclays (BCS), Goldman (GS), JPMorgan (JPM), and Morgan Stanley (MS) managing the offering.

Amazon.com, Inc. (NASDAQ:AMZN) engages in the retail sale of consumer products, advertising, and subscription services through online and physical stores in North America and internationally.

13. Broadcom Inc. (NASDAQ:AVGO)

On July 7, 2026, Erste Group analyst Hans Engel downgraded Broadcom Inc. (NASDAQ:AVGO) to Hold from Buy previously. Engel said both gross margin and operating margin are expected to remain stable at a high level, but Broadcom Inc. (NASDAQ:AVGO)’s high valuation already reflects much of the firm’s positive outlook on the shares.

On July 6, Broadcom Inc. (NASDAQ:AVGO) said in a regulatory filing that the company and Apple Inc. (NASDAQ:AAPL) have both agreed to expand their long-standing technology collaboration through the year 2031.

Broadcom Inc. (NASDAQ:AVGO) and Apple entered into new multi-year agreements for Broadcom to develop and supply custom ASIC silicon products for use in multiple generations of Apple products.

Broadcom Inc. (NASDAQ:AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.

12. Tesla, Inc. (NASDAQ:TSLA)

On July 7, 2026, RBC Capital raised the firm’s price target on Tesla, Inc. (NASDAQ:TSLA) to $500 from $475 and kept an Outperform rating on the shares. RBC updated its model by incorporating a 25% to 30% premium to current trading levels to reflect the potential SpaceX (SPCX) acquisition scenario. The firm also said robotaxi is currently Tesla’s most robust opportunity, noting that against a $4.2T total addressable market, Tesla could generate substantial value even with a minority market share position.

On July 3, Tesla introduced a new variant of the Model Y, the Long Wheelbase, in the U.S. and Puerto Rico. The model adds a 6-seat layout, expanded interior space, 0-60 acceleration in 4.4 seconds, and an estimated 325 miles of range. Tesla also said cargo capacity increases to 89 cu ft, while the vehicle includes heated and ventilated seats in the first two rows, a powered and heated third row, adaptive damping, upgraded acoustic glass, larger windows, a 16-inch front touchscreen, an 8-inch second-row display, a 19-speaker audio system, and support for FSD Supervised with integrated Grok AI.

On July 2, Morgan Stanley analyst Andrew Percoco said Tesla’s Q2 deliveries of about 480,100 vehicles beat sell-side consensus expectations by 18% and marked the company’s highest auto growth rate since Q3 of 2023. Morgan Stanley kept an Equal Weight rating and $415 price target on Tesla shares.

Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.

11. Walmart Inc. (NASDAQ:WMT)

On July 7, 2026, Walmart Inc. (NASDAQ:WMT) said Walmart and Sam’s Club are offering thousands of lower prices through Walmart’s Rollbacks and Sam’s Club offers across stores and clubs nationwide. The company said the savings cover grocery, household essentials, outdoor living, toys, and apparel, and are meant to help customers and members “make the most of the season” while spending less.

On July 8, BofA analyst Christopher Nardone said Walmart Inc. (NASDAQ:WMT)’s decision to lower prices in certain areas does not affect guidance, and BofA sees no incremental margin risk from the actions. Nardone said the dollars used to fund the price investments will come from amounts already included in the initial guidance provided in February, along with tariff refunds that are starting to trickle in.

BofA added that the move is the quickest way for Walmart Inc. (NASDAQ:WMT) to get money back to consumers and signals that the company is playing offense in a highly competitive grocery environment.

Walmart Inc. (NASDAQ:WMT) engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide.

10. ASML Holding N.V. (NASDAQ:ASML)

On July 6, 2026, Bernstein analyst David Dai raised the firm’s price target on ASML Holding N.V. (NASDAQ:ASML) to $2,623 from $1,971 and kept an Outperform rating on the shares. Dai said Bernstein is materially increasing its ASML topline forecasts after the unprecedented AI-driven expansion in both advanced logic and DRAM capacity. The firm raised its EUV shipment forecasts to 91 systems in 2027 and 113 in 2028, and expects ASML to expand EUV capacity.

On July 8, Morgan Stanley analyst Lee Simpson raised the firm’s price target on ASML Holding N.V. (NASDAQ:ASML) to EUR 1,830 from EUR 1,660 previously and kept an Overweight rating on the shares.

On June 30, Susquehanna raised the firm’s price target on ASML to EUR 2,350 from EUR 1,475 and kept a Positive rating on the shares. Susquehanna updated its model following channel checks, suggesting an upward revision to SCE backlog now extending beyond one year, with WFE expected to reach as high as $300B. The firm is raising its estimates for 2026 and 2027 and introducing 2028 projections based on WFE of $250B.

ASML Holding N.V. (NASDAQ:ASML) provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

9. Lam Research Corporation (NASDAQ:LRCX)

On July 6, 2026, Morgan Stanley analyst Shane Brett raised the firm’s price target on Lam Research Corporation (NASDAQ:LRCX) to $404 from $331 and kept an Overweight rating on the shares.

On June 30, Susquehanna analyst Mehdi Hosseini raised the firm’s price target on Lam Research to $475 from $385 and kept a Positive rating on the shares. Hosseini updated the firm’s model following channel checks, suggesting an upward revision to SCE backlog now extending beyond one year, with WFE expected to reach as high as $300B. Susquehanna is raising its estimates for 2026 and 2027 and introducing 2028 projections based on WFE of $250B.

On June 29, Cantor Fitzgerald raised the firm’s price target on Lam Research to $500 from $425 and kept an Overweight rating on the shares. Cantor Fitzgerald said the AI infrastructure buildout is viewed as a generational semiconductor cycle, with industry revenue expansion expected to reach roughly $3T by CY29 and potentially exceed $3.5T by CY30.

Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

8. Palantir Technologies Inc. (NASDAQ:PLTR)

On July 7, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) announced an enterprise expansion agreement with GNP Seguros. The alliance marks Palantir’s first publicly announced commercial customer in Latin America. GNP Seguros has used Palantir’s Foundry and Artificial Intelligence Platform in targeted deployments to detect claims fraud, monitor risk, and improve underwriting.

As GNP Seguros scales these capabilities across its health, life, auto, and damage insurance portfolios, Foundry and AIP will unify claims, underwriting, operations, and risk data into a single operational foundation. The platform is intended to help teams identify anomalous claims patterns, flag potential fraud before payments are made, surface risk insights faster, and test underwriting changes in near real time while maintaining human oversight, traceability, and governance.

On July 8, SNP SE and Palantir announced a strategic partnership at SNP’s Transformation World event in Heidelberg, Germany. The collaboration positions SNP to develop AI-powered solutions to accelerate SAP transformations for joint customers. The first joint solution, Test Data Proposal, automates the identification of relevant test data for customer test cases and will expand SNP’s Kyano platform.

Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.

7. Alphabet Inc. (NASDAQ:GOOGL)

On July 7, 2026, Accenture (ACN) and Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud announced a suite of agentic solutions aimed at helping mid-market companies with technology and AI transformation. Accenture Edge will bring Accenture’s Google Cloud capabilities to a new market segment through pre-built solutions designed for mid-market organizations.

The collaboration spans six agentic solution areas: customer intelligence and growth, customer experience, cybersecurity, agentic and data-led business operations, industry solutions, and workforce enablement. The companies said customers can use Gemini Enterprise, Gemini Enterprise Agent Platform, Agentic Data Cloud, and Google Workspace powered by Gemini across these areas.

Also on July 7, Cognizant (CTSH) announced a significant expansion of its partnership with Google Cloud. The expanded collaboration builds on the dedicated Gemini Enterprise practice announced in April and brings together jointly delivered solutions, reusable agents, and certified Cognizant Frontier Certified Engineers who work directly within client environments to accelerate time to value on Gemini deployments.

Alphabet Inc. (NASDAQ:GOOGL) offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

6. Microsoft Corporation (NASDAQ:MSFT)

On July 7, 2026, BMO Capital lowered the firm’s price target on Microsoft Corporation (NASDAQ:MSFT) to $500 from $515 and kept an Outperform rating on the shares as part of a broader software note. BMO said it expects modest upside to consensus Azure growth estimates in the June quarter, though it also expects capex consensus estimates to continue moving higher.

On July 8, Bloomberg’s Brody Ford reported that Microsoft is starting to replace OpenAI and Anthropic with its own models in software products such as Excel and Outlook as it looks to reduce AI costs. Tens of thousands of AI prompts in the spreadsheet and email applications are now being completed each week with Microsoft’s internally built MAI models, according to a person familiar with the work.

On July 6, Bloomberg’s Jason Schreier reported that Microsoft’s Xbox will cut 3,200 jobs as part of a major reorganization and divest from five development studios. Compulsion Games and Double Fine will become independent companies, while Ninja Theory and Undead Labs will be sold to other companies. Arkane Lyon will enter a consultation process in France to review its options.

Microsoft Corporation (NASDAQ:MSFT) develops and supports software, services, devices, and solutions worldwide.

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