The Nasdaq 100 (^NDX) is where investors find some of the most innovative and disruptive companies shaping the future. A select few continue to execute at a high level, growing their market dominance and delivering strong returns.

Finding the best companies in the Nasdaq 100 isn’t always obvious, and that’s why we started StockStory. Keeping that in mind, here are three Nasdaq 100 stocks that have huge potential.

Datadog (DDOG)

Market Cap: $40.45 billion

Named after a database the founders had to painstakingly look after at their previous company, Datadog (NASDAQ: DDOG) is a software-as-a-service platform that makes it easier to monitor cloud infrastructure and applications.

Why Should You Buy DDOG?

1. ARR growth averaged 27.2% over the last year, showing customers are willing to take multi-year bets on its offerings
2. User-friendly software enables clients to ramp up spending quickly, leading to the speedy recovery of customer acquisition costs
3. Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends

Datadog is trading at $117.50 per share, or 12.6x forward price-to-sales. Is now the time to initiate a position? See for yourself in our full research report, it’s free.

DoorDash (DASH)

Market Cap: $83.52 billion

Founded by Stanford students with the intent to build “the local, on-demand FedEx", DoorDash (NYSE: DASH) operates an on-demand food delivery platform.

Why Are We Backing DASH?

1. Orders have increased by an average of 21% annually, giving it the potential for margin-accretive growth if it can develop valuable complementary products and features
2. Performance over the past three years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 125% outpaced its revenue gains
3. Free cash flow margin jumped by 11.3 percentage points over the last few years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends

DoorDash’s stock price of $196.02 implies a valuation ratio of 29.6x forward EV/EBITDA. Is now the right time to buy? Find out in our full research report, it’s free.

MercadoLibre (MELI)

Market Cap: $131.1 billion

Originally started as an online auction platform, MercadoLibre (NASDAQ: MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America.

Why Will MELI Outperform?

1. Unique Active Buyers have grown by 19.7% annually, allowing for more profitable cross-selling opportunities if it can build complementary products and features
2. Grip over its ecosystem is highlighted by its ability to grow engagement while increasing the average revenue per user by 16.9% annually
3. MELI is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders, and its rising cash conversion increases its margin of safety

At $2,592 per share, MercadoLibre trades at 30.1x forward EV/EBITDA. Is now the time to initiate a position? See for yourself in our in-depth research report, it’s free.

High-Quality Stocks for All Market Conditions

The market surged in 2024 and reached record highs after Donald Trump’s presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025.

While the crowd speculates what might happen next, we’re homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver’s seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years.

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free.