Nasdaq 100 Stocks to Watch: MU, ABNB, and GOOGL
The Nasdaq 100 is home to some of the world's most innovative companies, and three stocks stand out for their exceptional performance. Micron (MU) has seen its market capitalization reach $1.05 trillion, with revenue growth of 106% over the past two years.
Micron's impressive financials are reflected in its free cash flow margin, which jumped by 14.1 percentage points over the last five years, giving the company more resources to pursue growth initiatives.
Airbnb (ABNB) is another standout stock, with nights and experiences booked increasing by an average of 9.3% annually, indicating potential for margin-accretive growth.
Alphabet (GOOGL), the parent company of Google Search engine, Google Cloud Platform, and YouTube, has a dominant market position reflected in its robust long-term revenue growth and elite operating margin.