Seagate, PF Chang's and Other Top Nasdaq Stocks in February
Here’s a quick look at some of the top performing Nasdaq stocks in February. These stocks all have a market cap of more than $500 million and they all pay a dividend.
Aixtron (NASDAQ: AIXG) is up about 29% year to date, including a 19% rise in the past month. This $1.7 billion market cap machinery maker is headquartered in Germany and was founded in 1983. It has a dividend yield of 5.1%, the long-term EPS growth forecast is 60.0% and the return on equity is 25.9%. The stock has narrowly outperformed competitors such as Rubicon Technology (NASDAQ: RBCN) and Veeco Instruments (NASDAQ: VECO) over the past six months.
Boston Private Financial Holdings (NASDAQ: BPFH) is more than 20% higher than a month ago and hit a multiyear high yesterday. This small cap regional bank saw income from fees increase 12% last year. It is headquartered in Boston and caters to high net worth customers. Its dividend yield is 0.4% and its PEG ratio is less than the industry average. Over the past six months, the stock has outperformed competitors State Street (NYSE: STT) and M&T Bank (NYSE: MTB).
National CineMedia (NASDAQ: NCMI) shares are trading more than 28% higher year to date but still down more than 10% from a year ago. The company operates a digital in-theatre marketing network in North America, and it posted better-than-expected revenues in the most recent quarterly report. The dividend yield is 5.5%. The stock has underperformed Clear Channel Outdoor Holdings (NYSE: CCO) and Lamar Advertising (NASDAQ: LAMR) over the past six months.
Nordson (NASDAQ: NDSN) is almost 34% higher year to date, including up more than 20% in the past month. The Ohio-based equipment maker beat fiscal Q1 EPS expectations and offered a better-than-expected Q2 EPS outlook. It has a $3.6 billion market cap and a dividend yield of 0.9%. The long-term EPS growth forecast is 15.3% and the return on equity is 39.2%. The stock has outperformed the likes of Illinois Tool Works (NYSE: ITW) and 3M (NYSE: MMM) over the past six months.
PF Chang’s China Bistro (NASDAQ: PFCB) is up about 25% year to date. The restaurant operator recently said it would take a majority stake in True Food Kitchen. PF Chang’s is based in Scottsdale, Ariz., and has a market cap of $810.5 million. Its dividend yield is 2.9%, the long-term EPS growth forecast is 15.3% and short interest is 19.9% of the float. Year to date, the stock has outperformed competitors Benihana (NASDAQ: BNHN) and Brinker International (NYSE: EAT).
R.R. Donnelley & Sons (NASDAQ: RRD) is almost 27% higher than a month ago, but that is a rebound from a plunge in January after the printing and packaging company offered lower-than-expected revenue guidance and declined to offer EPS guidance. The Chicago-based company has a dividend yield of 7.5%, but short interest is 26.0% of the float. The stock has underperformed the VistaPrint (NASDAQ: VPRT) but outperformed Quad/Graphics (NYSE: QUAD) over the past six months.
Seagate Technology (NASDAQ: STX) is trading almost 62% higher than at the beginning of the year. Shares surged at the end of January when the hard drive maker said that its fiscal second-quarter net income more than tripled from a year earlier. The $11.8 billion market cap Irish company has a dividend yield of 3.8% and its return on equity is 29.3%. The stock has outperformed peers NetApp (NASDAQ: NTAP) and Western Digital (NYSE: WDC) over the past six months.
Bullish: Investors interested in exchange traded funds focused on the Nasdaq 100 might want to consider the following trades:
- ProShares UltraPro QQQ (NASDAQ: TQQQ) is up almost 52% year to date.
- ProShares Ultra QQQ (NYSE: QLD) is up more than 32% year to date.
- PowerShares QQQ (NASDAQ: QQQ) is up more than 15% year to date.
Bearish: Traders may prefer to consider these alternative positions:
- ProShares Short QQQ (NYSE: PSQ) is trading near the 52-week low.
- ProShares UltraShort QQQ (NYSE: QID) is trading near the 52-week low.
- ProShares UltraPro Short QQQ (NASDAQ: SQQQ) is trading near the 52-week low.
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