While the Nasdaq 100 (^NDX) is filled with cutting-edge technology and consumer companies, not all are on solid footing. Some are dealing with declining demand, high costs, or regulatory pressures that could limit future upside.
With rapid innovation comes rapid change, and StockStory is here to help you identify which Nasdaq 100 stocks are still worth your money. Keeping that in mind, here is one Nasdaq 100 stock that could lead the market and two that may struggle.
Two Stocks to Sell:
Adobe (ADBE)
Market Cap: $102.7 billion
Originally named after Adobe Creek that ran behind co-founder John Warnock's house, Adobe (NASDAQ: ADBE) develops software products used for digital content creation, document management, and marketing solutions across desktop, mobile, and cloud platforms.
Why Do We Think Twice About ADBE?
- Average ARR growth of 13% over the last year has disappointed, suggesting it’s had a hard time winning long-term deals and renewals
- Estimated sales growth of 8.5% for the next 12 months implies demand will slow from its two-year trend
- Operating margin didn’t move over the last year, showing it couldn’t increase its efficiency
Adobe is trading at $253.40 per share, or 3.9x forward price-to-sales. If you’re considering ADBE for your portfolio, see our FREE research report to learn more.
Old Dominion Freight Line (ODFL)
Market Cap: $40.03 billion
With its name deriving from the Commonwealth of Virginia’s nickname, Old Dominion (NASDAQ: ODFL) delivers less-than-truckload (LTL) and full-container load freight.
Why Does ODFL Give Us Pause?
- Declining unit sales over the past two years suggest it might have to lower prices to accelerate growth
- Earnings per share have contracted by 8.1% annually over the last two years, a headwind for returns as stock prices often echo long-term EPS performance
- Waning returns on capital imply its previous profit engines are losing steam
Old Dominion Freight Line’s stock price of $191.77 implies a valuation ratio of 36.7x forward P/E. Read our free research report to see why you should think twice about including ODFL in your portfolio.
One Stock to Buy:
Seagate (STX)
Market Cap: $165.6 billion
One of two remaining major hard drive manufacturers after decades of industry consolidation, Seagate (NASDAQ: STX) manufactures hard disk drives and solid state drives that store data in data centers, cloud systems, and consumer devices.
Why Will STX Beat the Market?
- Impressive 32.6% annual revenue growth over the last two years indicates it’s winning market share this cycle
- Exciting sales outlook for the upcoming 12 months calls for 39% growth, an acceleration from its two-year trend
- Free cash flow margin grew by 9.3 percentage points over the last five years, giving the company more chips to play with
At $737.51 per share, Seagate trades at 30.8x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.
Stocks We Like Even More
ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively.
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Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
