Forget Apple, Google…this is Nasdaq 2.0
The Nasdaq 100 is up big this year, but the companies leading the gains may not be the ones you think.
During Friday's trading session, the Nasdaq climbed to a fresh 13-year high. The index is up 21 percent so far in 2013, beating the S&P 500 and Dow, which are up 20 percent and 18 percent, respectively.
Among the 20 best-performing stocks this year, 14 are nontechnology companies. In fact, eight are consumer discretionary, five are biotech and one belongs to consumer staples.
Tech giants such as Apple, Google, Cisco, Intel and Microsoft are nowhere near the top. So, in a new era where innovation is highly correlated to stock performance, will the new kids on the block continue to outperform?
|Ticker||Company||Price||YTD % Chg.|
|GMCR||Green Mountain Coffee||84.2||103.6|
|FOXA||Twenty-First Century Fox||33||46.5|
—BY CNBC's Giovanny Moreano. Follow him on Twitter: @giovannymoreano