Top 10 NASDAQ companies worth investing from India
Indian investors have never had better access to the world's leading technology companies. The NASDAQ-100 delivered a 21% total return in 2025, outperforming the S&P 500 by three percentage points. AI-driven growth propelled tech giants to record valuations. This comprehensive guide provides current data for February 2026 on the ten most compelling NASDAQ stocks, including valuations, growth metrics, and specific considerations for Indian investors.
The technology sector, comprising 52.66% of the NASDAQ-100, accounted for 88% of the index's 2025 returns. With the rupee trading near ₹90.27 per dollar and platforms offering fractional shares starting at $1, building a diversified US portfolio has become remarkably accessible to Indian retail investors.
Apple reaches record highs on iPhone 17 supercycle
Apple delivered its best quarter ever in Q1 FY2026, posting $143.8 billion in revenue, representing 16% year-over-year growth. The iPhone 17 supercycle drove $85.27 billion in smartphone revenue with 23% growth. Greater China surged 38% as Apple Intelligence features drove upgrades.
The stock trades at around $260-$270, with a market cap of $3.97 trillion. The trailing P/E ratio stands at 32.84-34.72, with forward P/E at 31.28. Apple's dividend yield is 0.39% at $1.04 annually. The Services segment reached a record $30 billion in quarterly revenue, up 144%, now representing 21% of total revenue, with margins exceeding 70%. The company's 2.5 billion active devices create an unmatched installed base for recurring revenue.
For Indian investors, Apple is expanding manufacturing in India with a 5-year government tax incentive. The $110 billion buyback authorisation and a 21-year streak of dividend growth make it a quality blue-chip for long-term rupee-dollar diversification.
Microsoft's Azure powers the enterprise AI revolution.
Microsoft reported $81.3 billion in Q2 FY2026 revenue with 17% year-over-year growth. Microsoft Cloud crossed $51.5 billion quarterly for the first time. Despite these records, the stock dropped 10% post-earnings asAzure'se growth decelerated to 39%.
The stock trades at $409-426 with a market cap of $3.04-3.19 trillion. The P/E ratio is 25.65-26.93, with a dividend yield of 0.77-0.85%, paying $3.64 annually. Microsoft 365 Copilot now has 15 million paid seats, up 160% year over year. About 90% of Fortune 500 companies use the AI assistant.
The company's $625 billion commercial backlog provides exceptional visibility. Capital expenditure reached a record $37.5 billion in Q2 alone for AI infrastructure. With 21 consecutive years of dividend increases and the stock 22% below its October 2025 high, Microsoft offers value-oriented exposure to enterprise AI.
NVIDIA dominates the AI compute gold rush
NVIDIA became the world's most valuable company with a market cap of $4.5 trillion. The stock trades at a compelling PEG ratio of 0.73, suggesting it is undervalued relative to its explosive growth. Fiscal 2025 revenue reached $130.5 billion with 114% year-over-year growth. Datacenter revenue hit $35.6 billion in Q4.
The stock price is $180-188, with a trailing P/E of 45.97-47.34. Forward P/E drops to 24.04-26.5,7 reflecting projected growth. CEO Jensen Huang reports $500+ billion in combined Blackwell and Rubin revenue visibility through 2026. NVIDIA maintains an 86-92% share of AI accelerators protected by the CUDA ecosystem's 2+ million developers.
Competition concerns include AMD's MI300X gaining traction. Hyperscaler custom chips may account for 45% of the AI chip market by 2028. Customer concentration risk is elevated with four customers accounting for 61% of revenue.
Amazon's three profit engines fire simultaneously.
Amazon's AWS growth reaccelerated to 20% in Q3 2025, representing the fastest pace since 2022. Advertising surged 24% to $17.7 billion quarterly. The e-commerce giant now runs three high-margin businesses simultaneously with a massive $200 billion AWS backlog.
The stock trades at $238- $ 244, with a market cap of $2.56 trillion and a P/E ratio of 36.26. AWS'sS operating margin hit 34.6%. Amazon's custom chip strategy is gaining momentum. Trainium2 has reached a multibillion-dollar revenue run rate with over 100,000 companies using the chips through Bedrock.
Prime membership is estimated at 220-250 million globally, with subscription revenue of $44 billion in 2024. Analyst price targets average $276-311, suggesting 12-20% upside from current levels.
Meta's efficiency era delivers exceptional margins.
Meta's Year of Efficiency continues to pay dividends, with Q4 2025 revenue reaching $59.89 billion, representing 24% year-over-year growth. The company achieved a 30.89% profit margin. The Family of Apps now reaches 3.58 billion daily active people.
The stock trades at $705-716 with a market cap of $1.66-1.8 trillion. The P/E ratio is 29.15 with a forward P/E at just 22.03. Dividend yield is 0.29% at $2.10 annually. Llama 4 launched with three models using a Mixture-of-Experts architecture.
Reality Labs continues to lose roughly $6 billion quarterly, though CEO Zuckerberg expects 2026 to be the peak of losses. WhatsApp Business surpassed a $2 billion annual run rate. At a forward P/E of just 22x, Meta offers the best valuation among Magnificent Seven stocks.
Tesla's valuation hinges on unproven technologies.
Tesla trades at a P/E of approximately 400 versus the NASDAQ-100 average of 35. Vehicle deliveries declined for the second consecutive year, to 1.636 million, representing an 8.6% decline. BYD overtook Tesla as the world's largest EV seller with 2.26 million BEV sales.
The stock trades at $420-425 with a market cap of $1.4-1.58 trillion. The energy storage business emerged as a bright spot, deploying 46.7 GWh in 202, with 48h. The segment generates $12.8 billion in revenue and has an 29.8% gross margin.
The robotaxi service launched in Austin in June 2025 and completed more than 250,000 miles. Cybercab production is scheduled to begin in April 2026. Optimus Gen 3 production-intent prototypes are expected in Q1 2026, with external sales targeted for late 2026.
Alphabet's Waymo emerges as autonomous driving winner
Alphabet reached a market cap of $4.09-$4.16 trillion as Google Search, Cloud, and Waymo all demonstrated strength. Q3 2025 revenue crossed $100 billion for the first time at $102.35 billion with 15.9% growth.
The stock trades at $338-346 with a P/E ratio of 33.39-33.90. Dividend yield is 0.24% at $0.84 annually. Waymo raised $16 billion in February 2026 at a $126 billion valuation. The service now provides more than 400,000 ridesper week across multiple cities.
Google Cloud grew 33.5% to $15.2 billion in the quarter, with backlog up 82% year over year. AI Overviews now serves 1.5+ billion monthly users. Alphabet initiated its first-ever dividend in 2025 and authorised a $70 billion buyback.
Broadcom becomes the alternative AI infrastructure play
Broadcom delivered $64 billion in FY2025 revenue, with 24% growth, as its AI business tripled to $20 billion annually. The company is the primary custom chip partner for hyperscalers seeking alternatives to NVIDIA, with a $73 billion AI order backlog.
The stock trades at $310-331, with a market cap of $1.5-1.6 trillion. The P/E ratio is 69.48-70, with a forward P/E at approximately 32. Dividend yield is 0.71-0.80% at $2.60 annually. An OpenAI partnership aims to deliver 10 gigawatts of AI compute capacity by H2 2026.
The VMware integration is substantially complete, with software gross margins reaching 93%. Management projects FY2027 AI revenue of $60-90 billion from three large hyperscalers alone. For investors seeking AI exposure with dividend income, Broadcom offers a compelling alternative.
Costco's membership moat justifies premium valuation.
Costco trades at 49-52x earnings, roughly double the S&P 500 average. Q1 FY2026 revenue reached $67.31 billion with 8.2% growth. The 81.4 million paid members, with a 92.2% renewal rate, create an exceptionally predictable revenue stream.
The stock trades at approximately $983 per share, with a market cap of $436 billion. Forward P/E is 46.80-47, with a dividend yield at 0.54%, paying $5.20 annuall—executivee members representing 47.7% of total drive 74.2% of sales.
E-commerce grew 20.5% for the eighth consecutive quarter of double-digit growth. As a defensive stock, Costco's consumer staples focus and affluent customer base provide recession resistance. Costco plans 28 new warehouses in FY2026.
Netflix transforms into an advertising and live events powerhouse
Netflix now reaches 325+ million paid subscribers globally with a commanding 9% share of US TV viewing. Q4 2025 revenue grew 17.6% to $12.05 billion while operating margins expanded to 29.5% for full-year 2025.
The stock trades at $80-83 following a 10:1 split, with a market cap of $341-350 billion. The P/E ratio is 32-39. The ad-supported tier reached 190 million monthly active viewers globally. Netflix targets $3 billion in advertising revenue for 2026.
WWE Monday Night Raw began exclusive 10-year streaming rights in January 2025. A 3-year MLB deal through 2028 includes Opening Night and World Baseball Classic. Analyst consensus price target of $111.84 suggests 39% upside.
How Indian investors should evaluate NASDAQ stocks
Building a US portfolio requires understanding both fundamental analysis and India-specific regulatory considerations. The most important metrics for evaluating NASDAQ companies differ by investment objective.
Key valuation metrics to monitor include the P/E ratio, which for the NASDAQ-100 is approximately 33.5x. A PEG ratio below 1.0 indicates undervaluation relative to growth, as seen with NVIDIA at 0.73. Forward P/E is more relevant for fast-growing companies. Free cash flow indicates financial health, while operating margins demonstrate pricing power.
Currency considerations significantly impact returns. The rupee depreciated approximately 5.5% against the dollar in 202,5 adding to INR-denominated returns. Historically, the rupee has depreciated 3-5% annually against the dollar, providing a structural tailwind for Indian investors in unhedged US positions.
Practical guide for Indians investing in NASDAQ
The Liberalised Remittance Scheme permits Indian residents to invest up to $250,000 annually in foreign securities. Tax Collected at Source rules effective April 2025 impose no TCS up to ₹10 lakh per year with a 20% TCS rate on amounts exceeding this threshold.
Platforms like INDmoney charge zero brokerage with 0.75% deposit fee capped at ₹1,000. Vested Finance charges a 0.25% brokerage fee, capped at $35. Interactive Brokers offers low commission with zero deposit fees. All platforms provide SIPC protection up to $500,000 per account. Fractional shares enable portfolio construction starting from approximately ₹85.
If you prefer passive exposure over individual stock picking, consider investing in US stocks through ETFs that track the NASDAQ-100 index for instant diversification.
Tax treatment for Indian investors includes Long-Term Capital Gains taxed at a flat 12.5% rate after 24 months, without indexation. Short-Term Capital Gains are added to income and taxed at the slab rate up to 30% +. Dividends are subject to 25% US withholding tax, followed by taxation in India at the applicable slab rate. The substantial tax differential between LTCG (12.5%) and STCG (up to 30%+) strongly favours long-term holding.
Understanding the complete tax implications for Indian residents investing in the US stock market helps youmaximisee after-tax returns and maintain compliance.
Compliance requirements include disclosing foreign assets in Schedule FA of ITR and reporting foreign income in Schedule FSI. The US estate tax applies to foreign investors holding US assets exceeding $60,000 with rates up to 40%.
The ten NASDAQ companies analysed represent diverse approaches to technology investing. For growth-focused investors, NVIDIA's 0.73 PEG ratio and Meta's 22x forward P/E offer compelling valuations on AI leaders. For income and stability, Broadcom's 15-year streak of dividend growth, combined with AI exposure, creates a balanced profile—the rupee's structural depreciation continues to benefit Indian investors in USD-denominated assets. With LTCG taxed at just 12.5% after 24 months, the Indian tax code strongly rewards patient long-term investing in US equities.
Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies, and not of Winvesta. We advise investors to check with certified experts before making any investment decisions.
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Table of Contents
Indian investors have never had better access to the world's leading technology companies. The NASDAQ-100 delivered a 21% total return in 2025, outperforming the S&P 500 by three percentage points. AI-driven growth propelled tech giants to record valuations. This comprehensive guide provides current data for February 2026 on the ten most compelling NASDAQ stocks, including valuations, growth metrics, and specific considerations for Indian investors.
The technology sector, comprising 52.66% of the NASDAQ-100, accounted for 88% of the index's 2025 returns. With the rupee trading near ₹90.27 per dollar and platforms offering fractional shares starting at $1, building a diversified US portfolio has become remarkably accessible to Indian retail investors.
Apple reaches record highs on iPhone 17 supercycle
Apple delivered its best quarter ever in Q1 FY2026, posting $143.8 billion in revenue, representing 16% year-over-year growth. The iPhone 17 supercycle drove $85.27 billion in smartphone revenue with 23% growth. Greater China surged 38% as Apple Intelligence features drove upgrades.
The stock trades at around $260-$270, with a market cap of $3.97 trillion. The trailing P/E ratio stands at 32.84-34.72, with forward P/E at 31.28. Apple's dividend yield is 0.39% at $1.04 annually. The Services segment reached a record $30 billion in quarterly revenue, up 144%, now representing 21% of total revenue, with margins exceeding 70%. The company's 2.5 billion active devices create an unmatched installed base for recurring revenue.
For Indian investors, Apple is expanding manufacturing in India with a 5-year government tax incentive. The $110 billion buyback authorisation and a 21-year streak of dividend growth make it a quality blue-chip for long-term rupee-dollar diversification.
Microsoft's Azure powers the enterprise AI revolution.
Microsoft reported $81.3 billion in Q2 FY2026 revenue with 17% year-over-year growth. Microsoft Cloud crossed $51.5 billion quarterly for the first time. Despite these records, the stock dropped 10% post-earnings asAzure'se growth decelerated to 39%.
The stock trades at $409-426 with a market cap of $3.04-3.19 trillion. The P/E ratio is 25.65-26.93, with a dividend yield of 0.77-0.85%, paying $3.64 annually. Microsoft 365 Copilot now has 15 million paid seats, up 160% year over year. About 90% of Fortune 500 companies use the AI assistant.
The company's $625 billion commercial backlog provides exceptional visibility. Capital expenditure reached a record $37.5 billion in Q2 alone for AI infrastructure. With 21 consecutive years of dividend increases and the stock 22% below its October 2025 high, Microsoft offers value-oriented exposure to enterprise AI.
NVIDIA dominates the AI compute gold rush
NVIDIA became the world's most valuable company with a market cap of $4.5 trillion. The stock trades at a compelling PEG ratio of 0.73, suggesting it is undervalued relative to its explosive growth. Fiscal 2025 revenue reached $130.5 billion with 114% year-over-year growth. Datacenter revenue hit $35.6 billion in Q4.
The stock price is $180-188, with a trailing P/E of 45.97-47.34. Forward P/E drops to 24.04-26.5,7 reflecting projected growth. CEO Jensen Huang reports $500+ billion in combined Blackwell and Rubin revenue visibility through 2026. NVIDIA maintains an 86-92% share of AI accelerators protected by the CUDA ecosystem's 2+ million developers.
Competition concerns include AMD's MI300X gaining traction. Hyperscaler custom chips may account for 45% of the AI chip market by 2028. Customer concentration risk is elevated with four customers accounting for 61% of revenue.
Amazon's three profit engines fire simultaneously.
Amazon's AWS growth reaccelerated to 20% in Q3 2025, representing the fastest pace since 2022. Advertising surged 24% to $17.7 billion quarterly. The e-commerce giant now runs three high-margin businesses simultaneously with a massive $200 billion AWS backlog.
The stock trades at $238- $ 244, with a market cap of $2.56 trillion and a P/E ratio of 36.26. AWS'sS operating margin hit 34.6%. Amazon's custom chip strategy is gaining momentum. Trainium2 has reached a multibillion-dollar revenue run rate with over 100,000 companies using the chips through Bedrock.
Prime membership is estimated at 220-250 million globally, with subscription revenue of $44 billion in 2024. Analyst price targets average $276-311, suggesting 12-20% upside from current levels.
Meta's efficiency era delivers exceptional margins.
Meta's Year of Efficiency continues to pay dividends, with Q4 2025 revenue reaching $59.89 billion, representing 24% year-over-year growth. The company achieved a 30.89% profit margin. The Family of Apps now reaches 3.58 billion daily active people.
The stock trades at $705-716 with a market cap of $1.66-1.8 trillion. The P/E ratio is 29.15 with a forward P/E at just 22.03. Dividend yield is 0.29% at $2.10 annually. Llama 4 launched with three models using a Mixture-of-Experts architecture.
Reality Labs continues to lose roughly $6 billion quarterly, though CEO Zuckerberg expects 2026 to be the peak of losses. WhatsApp Business surpassed a $2 billion annual run rate. At a forward P/E of just 22x, Meta offers the best valuation among Magnificent Seven stocks.
Tesla's valuation hinges on unproven technologies.
Tesla trades at a P/E of approximately 400 versus the NASDAQ-100 average of 35. Vehicle deliveries declined for the second consecutive year, to 1.636 million, representing an 8.6% decline. BYD overtook Tesla as the world's largest EV seller with 2.26 million BEV sales.
The stock trades at $420-425 with a market cap of $1.4-1.58 trillion. The energy storage business emerged as a bright spot, deploying 46.7 GWh in 202, with 48h. The segment generates $12.8 billion in revenue and has an 29.8% gross margin.
The robotaxi service launched in Austin in June 2025 and completed more than 250,000 miles. Cybercab production is scheduled to begin in April 2026. Optimus Gen 3 production-intent prototypes are expected in Q1 2026, with external sales targeted for late 2026.
Alphabet's Waymo emerges as autonomous driving winner
Alphabet reached a market cap of $4.09-$4.16 trillion as Google Search, Cloud, and Waymo all demonstrated strength. Q3 2025 revenue crossed $100 billion for the first time at $102.35 billion with 15.9% growth.
The stock trades at $338-346 with a P/E ratio of 33.39-33.90. Dividend yield is 0.24% at $0.84 annually. Waymo raised $16 billion in February 2026 at a $126 billion valuation. The service now provides more than 400,000 ridesper week across multiple cities.
Google Cloud grew 33.5% to $15.2 billion in the quarter, with backlog up 82% year over year. AI Overviews now serves 1.5+ billion monthly users. Alphabet initiated its first-ever dividend in 2025 and authorised a $70 billion buyback.
Broadcom becomes the alternative AI infrastructure play
Broadcom delivered $64 billion in FY2025 revenue, with 24% growth, as its AI business tripled to $20 billion annually. The company is the primary custom chip partner for hyperscalers seeking alternatives to NVIDIA, with a $73 billion AI order backlog.
The stock trades at $310-331, with a market cap of $1.5-1.6 trillion. The P/E ratio is 69.48-70, with a forward P/E at approximately 32. Dividend yield is 0.71-0.80% at $2.60 annually. An OpenAI partnership aims to deliver 10 gigawatts of AI compute capacity by H2 2026.
The VMware integration is substantially complete, with software gross margins reaching 93%. Management projects FY2027 AI revenue of $60-90 billion from three large hyperscalers alone. For investors seeking AI exposure with dividend income, Broadcom offers a compelling alternative.
Costco's membership moat justifies premium valuation.
Costco trades at 49-52x earnings, roughly double the S&P 500 average. Q1 FY2026 revenue reached $67.31 billion with 8.2% growth. The 81.4 million paid members, with a 92.2% renewal rate, create an exceptionally predictable revenue stream.
The stock trades at approximately $983 per share, with a market cap of $436 billion. Forward P/E is 46.80-47, with a dividend yield at 0.54%, paying $5.20 annuall—executivee members representing 47.7% of total drive 74.2% of sales.
E-commerce grew 20.5% for the eighth consecutive quarter of double-digit growth. As a defensive stock, Costco's consumer staples focus and affluent customer base provide recession resistance. Costco plans 28 new warehouses in FY2026.
Netflix transforms into an advertising and live events powerhouse
Netflix now reaches 325+ million paid subscribers globally with a commanding 9% share of US TV viewing. Q4 2025 revenue grew 17.6% to $12.05 billion while operating margins expanded to 29.5% for full-year 2025.
The stock trades at $80-83 following a 10:1 split, with a market cap of $341-350 billion. The P/E ratio is 32-39. The ad-supported tier reached 190 million monthly active viewers globally. Netflix targets $3 billion in advertising revenue for 2026.
WWE Monday Night Raw began exclusive 10-year streaming rights in January 2025. A 3-year MLB deal through 2028 includes Opening Night and World Baseball Classic. Analyst consensus price target of $111.84 suggests 39% upside.
How Indian investors should evaluate NASDAQ stocks
Building a US portfolio requires understanding both fundamental analysis and India-specific regulatory considerations. The most important metrics for evaluating NASDAQ companies differ by investment objective.
Key valuation metrics to monitor include the P/E ratio, which for the NASDAQ-100 is approximately 33.5x. A PEG ratio below 1.0 indicates undervaluation relative to growth, as seen with NVIDIA at 0.73. Forward P/E is more relevant for fast-growing companies. Free cash flow indicates financial health, while operating margins demonstrate pricing power.
Currency considerations significantly impact returns. The rupee depreciated approximately 5.5% against the dollar in 202,5 adding to INR-denominated returns. Historically, the rupee has depreciated 3-5% annually against the dollar, providing a structural tailwind for Indian investors in unhedged US positions.
Practical guide for Indians investing in NASDAQ
The Liberalised Remittance Scheme permits Indian residents to invest up to $250,000 annually in foreign securities. Tax Collected at Source rules effective April 2025 impose no TCS up to ₹10 lakh per year with a 20% TCS rate on amounts exceeding this threshold.
Platforms like INDmoney charge zero brokerage with 0.75% deposit fee capped at ₹1,000. Vested Finance charges a 0.25% brokerage fee, capped at $35. Interactive Brokers offers low commission with zero deposit fees. All platforms provide SIPC protection up to $500,000 per account. Fractional shares enable portfolio construction starting from approximately ₹85.
If you prefer passive exposure over individual stock picking, consider investing in US stocks through ETFs that track the NASDAQ-100 index for instant diversification.
Tax treatment for Indian investors includes Long-Term Capital Gains taxed at a flat 12.5% rate after 24 months, without indexation. Short-Term Capital Gains are added to income and taxed at the slab rate up to 30% +. Dividends are subject to 25% US withholding tax, followed by taxation in India at the applicable slab rate. The substantial tax differential between LTCG (12.5%) and STCG (up to 30%+) strongly favours long-term holding.
Understanding the complete tax implications for Indian residents investing in the US stock market helps youmaximisee after-tax returns and maintain compliance.
Compliance requirements include disclosing foreign assets in Schedule FA of ITR and reporting foreign income in Schedule FSI. The US estate tax applies to foreign investors holding US assets exceeding $60,000 with rates up to 40%.
The ten NASDAQ companies analysed represent diverse approaches to technology investing. For growth-focused investors, NVIDIA's 0.73 PEG ratio and Meta's 22x forward P/E offer compelling valuations on AI leaders. For income and stability, Broadcom's 15-year streak of dividend growth, combined with AI exposure, creates a balanced profile—the rupee's structural depreciation continues to benefit Indian investors in USD-denominated assets. With LTCG taxed at just 12.5% after 24 months, the Indian tax code strongly rewards patient long-term investing in US equities.
Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies, and not of Winvesta. We advise investors to check with certified experts before making any investment decisions.
Ready to earn on every trade?
Invest in 11,000+ US stocks & ETFs
