3 Best Performing Nasdaq Stocks of 2021

The Nasdaq is an American stock exchange, founded in 1971, that lists some of the largest companies in the world.  It has a market cap of over $19.4 trillion and has over 3,300 company listings. In 2021, the Nasdaq index gained…

21.39%, outperforming the Dow Jones Industrial Average’s (DJIA) 18.73% returns over this period.

Out of the more than 3,600 stocks listed on the Nasdaq exchange, these three performed the best: Lightwave Logic, Inc. (LWLG – Get Rating), Aehr Test Systems (AEHR – Get Rating), and Destination XL Group, Inc. (DXLG – Get Rating). Each one of these stocks experienced gains of more than 800%. Let’s take a look at each of these names.

Lightwave Logic, Inc. (LWLG – Get Rating)

LWLG focuses on developing photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets. The company also designs and synthesizes organic chromophores in its electro-optic polymer systems and photonic device designs. It serves telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, Web 2.0 media, computing companies, aerospace companies, and government agencies.

On September 16, 2021, LWLG announced the achievement of world-record performance for a polymer modulator, using its proprietary, advanced Perkinamine chromophores and Swiss-based Polariton Technologies Ltd.’s newest plasmonic EO modulator, a silicon-photonics-based plasmonic racetrack modulator, offering energy-efficient, low-loss, and high-speed modulation in a compact footprint. This breakthrough will likely make the companies witness widespread recognition across the industry.

The company had $12.19 million in cash and cash equivalents as of September 30, 2021. Over the past year, the stock has gained 1649.5%.

Aehr Test Systems (AEHR – Get Rating)

AEHR designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry. The company provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. It serves semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies through a network of distributors and sales representatives.

On December 21, 2021, AEHR received an order from a current silicon photonics customer for four additional FOX-NP systems to support the characterization and product qualification of new photonics-based devices. Configured with two blades, these new FOX-NP systems allow two wafers to be tested in parallel using AEHR’s proprietary WaferPak Contactors. As the silicon photonics market is expected to…

 

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