In this article, we will discuss the 9 Best QQQ Stocks to Buy Now.
On April 8, Yung-Yu Ma of PNC joined ‘Fast Money’ on CNBC to discuss the current market environment and noted that worst-case scenarios are not yet priced into the VIX or oil futures curves. He defined a worst-case scenario as the destruction of energy infrastructure that could take production offline for a year or two, causing disruptions far greater than what the market currently anticipates. While he considered this a low-probability event, President Trump’s recent rhetoric about ending civilization makes such infrastructure destruction a possibility that cannot be entirely ruled out.
Yung-Yu Ma expressed slight surprise that more risk has not been priced in, given that the VIX remains at 26 rather than reaching levels like 36 or 46. He observed that the market has remained flat or even higher over the past week, and while he would like to see more nervousness and less impulsive buying on small tidbits of news (such as the late-day rally seen recently), he believes that the market is ultimately being rational. He attributed this to the wisdom-of-crowds, suggesting that investors are looking at underlying value pillars and are hesitant to reduce their long positions as they did in April of last year, when similar concerns turned out to be misplaced.
Our Methodology
We sifted through the Invesco QQQ exchange-traded fund (ETF) holdings to find the top QQQ stocks and 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.
Note: All data was sourced on April 10.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
9 Best QQQ Stocks to Buy Now
9. Cintas Corporation (NASDAQ:CTAS)
Cintas Corporation (NASDAQ:CTAS) is one of the best QQQ stocks to buy now. On March 25, Cintas announced financial results for FQ3 2026, where the revenue stood at $2.84 billion, representing an 8.9% increase year-over-year. Gross margin reached an all-time high of 51%, or $1.45 billion, while operating income rose 8.2% to $659.9 million. Net income for the period was $502.5 million, resulting in diluted EPS of $1.24, which was a 9.7% increase.
During the first nine months of FY2026, Cintas returned $1.45 billion to shareholders through dividends and share buybacks, including a $180 million quarterly dividend paid on March 13. Additionally, the company agreed to acquire UniFirst Corporation on March 10, a move expected to create substantial value for customers and shareholders once the transaction is finalized.
Following these results, Cintas Corporation (NASDAQ:CTAS) raised its full FY2026 financial guidance, projecting annual revenue between $11.21 and $11.24 billion. The company also increased its adjusted diluted EPS expectations to a range of $4.86 to $4.90, excluding non-recurring transaction expenses related to the pending UniFirst acquisition.
Cintas Corporation (NASDAQ:CTAS) develops uniform programs using fabric. It serves businesses of various sizes, mainly across the US, as well as in Canada and Latin America. The company operates through two segments: Uniform Rental & Facility Services and First Aid & Safety Services.
8. Cadence Design Systems Inc. (NASDAQ:CDNS)
Cadence Design Systems Inc. (NASDAQ:CDNS) is one of the best QQQ stocks to buy now. On March 16, Cadence announced an expanded collaboration with Nvidia (NASDAQ:NVDA) to launch a portfolio of agentic AI and physical AI-accelerated solutions. These next-gen tools automate complex workflows, generate designs, and debug errors through autonomous, physics-grounded agents. By integrating Cadence’s chip and system design solutions with Nvidia’s accelerated computing stack, the companies aim to help engineers solve large-scale challenges in AI infrastructure and semiconductor innovation.
The new offerings are optimized for Nvidia Grace CPUs and Blackwell GPUs, with several tools available as a turnkey deployment on the Cadence Design Systems Inc. (NASDAQ:CDNS) Millennium M2000 Supercomputer. This setup provides up to 80X greater throughput and 20X lower power consumption compared to traditional CPU-based systems. Key software slated for 2026 includes the Innovus Implementation System for EDA, the Allegro X Design Platform for system design, and specialized AI-enabled virtual screening solutions like ROCS X for life sciences and drug discovery.
Industry leaders are already using these accelerated solutions to overcome previous design limitations. For example, Honda is using Fidelity CFD software on the Millennium M2000 to perform full turbofan engine simulations, while Micron is integrating agentic AI into its HBM memory design flow to reduce verification cycle times. These collaborations focus on delivering higher-quality, complex silicon and systems more efficiently to meet the demands of global AI infrastructure.
Cadence Design Systems Inc. (NASDAQ:CDNS) is a leading provider of electronic design automation/EDA software, hardware, and IP used by semiconductor companies to design and verify advanced integrated circuits & systems.
7. Baker Hughes Company (NASDAQ:BKR)
Baker Hughes Company (NASDAQ:BKR) is one of the best QQQ stocks to buy now. On April 7, Baker Hughes announced it secured a strategic order from San Matias Pipeline S.A. to provide gas compression tech for a major pipeline project in Argentina. The contract includes the delivery of three NovaLT16 gas turbines and three centrifugal compressors, along with commissioning services, spare parts, and remote diagnostic capabilities. This equipment will be situated at a compressor station near Allen, Río Negro, to facilitate the transport of natural gas from the Vaca Muerta formation to the Gulf of San Matias.
The infrastructure project is designed to provide feed gas to Southern Energy’s two floating LNG vessels, supporting Argentina’s expansion into global LNG export markets. This order represents the first time Baker Hughes has deployed its NovaLT gas turbine technology in South America. The platform was chosen for its performance, efficiency, and suitability for midstream gas compression applications, aligning with the regional demand for high-efficiency, low-emission turbomachinery.
By using the NovaLT16 platform, the project aims to establish reliable, scalable pathways for natural gas transportation. This initiative reinforces the strategic role of natural gas in the region’s energy system while expanding Baker Hughes Company’s (NASDAQ:BKR) industrial and energy technology footprint in a key growth market.
Baker Hughes Company (NASDAQ:BKR) is an energy technology company that develops and delivers technologies for the entire hydrogen value chain. Its main products are hydrogen-enabled turbines, compressors, valves, centrifugal pumps, non-metallic pipes, sensors, and monitoring systems.
6. IDEXX Laboratories Inc. (NASDAQ:IDXX)
IDEXX Laboratories Inc. (NASDAQ:IDXX) is one of the best QQQ stocks to buy now. On April 01, IDEXX Laboratories announced the launch of the IDEXX Cancer Dx Panel in the UK, specifically for the early detection of lymphoma in at-risk dogs. This blood-based test is designed to integrate into both sick-pet diagnostics and routine wellness screenings, with results available to UK practices within 3 to 5 business days. The test aims to address a clinical need, as lymphoma accounts for ~25% of new canine cancer diagnoses, and early detection can occur up to 8 months before physical symptoms manifest.
The panel offers 79% sensitivity and 99% specificity, providing clinicians with reliable insights that can include B-cell and T-cell phenotype classification for positive results. Beyond initial detection, early data indicate the test can be used to monitor patients during chemotherapy treatments. Each result includes comprehensive support from IDEXX Medical Consultants, including board-certified oncologists, as well as educational resources to help veterinarians communicate findings and next steps to pet owners.
IDEXX Laboratories Inc. (NASDAQ:IDXX) highlighted strong market demand for the product, noting that 71% of UK pet owners have expressed interest in cancer screening for their pets. Since its 2025 launch in North America, ~6,000 practices have already adopted the technology. Over the next 3 years, the company plans to expand the panel’s capabilities to cover the majority of canine cancer cases, further advancing its commitment to proactive veterinary cancer management and intervention.
IDEXX Laboratories Inc. (NASDAQ:IDXX) develops and sells diagnostic products for animal veterinary, livestock, and poultry, and water microbiology testing. The company covers in-clinic chemistry, hematology, immunoassay, urinalysis, and coagulation analyzers.
While we acknowledge the potential of IDXX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IDXX and that has 100x upside potential, check out our report about the cheapest AI stock.
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