The 5 Best Nasdaq 100 Stocks

I'm a very big believer in using screen tools and find Barchart's to be very effective. Lately the Nasdaq 100 has been on fire so I wanted to sort the stocks in that Index to find the ones with the highest technical buy signals.

Today's list includes Ross Stores  (NASDAQ:ROST),  NXP Semiconductors (NASDAQ:NXPI),  NVIDIA (NASDAQ:NVDA),  Monster Beverage (NASDAQ:MNST)  and Equinix (NASDAQ:EQIX):

Ross Stores (ROST)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 10.00% in the last month
• Relative Strength Index 72.92%
• Barchart computes a technical support level at 124.24
• Recently traded at 104.68 with a 50 day moving average of 96.04

NXP Semiconductors (NXPI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 19.35% in the last month
• Relative Strength Index 74.75%
• Barchart computes a technical support level at 96.77
• Recently traded at 98.31 with a 50 day moving average of 81.93

NVIDIA (NVDA)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 10.74% in the last month
• Relative Strength Index 62.30%
• Barchart computes a technical support level at 22.18
• Recently traded at 22.64 with a 50 day moving average of 20.80

Monster Beverage (MNST)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 16.02% in the last month
• Relative Strength Index 67.37%
• Barchart computes a technical support level at 169.90
• Recently traded at 136.27 with a 50 day moving average of 119.78

Equinix (EQIX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.18% in the last month
• Relative Strength Index 60.92%
• Barchart computes a technical support level at 219.08
• Recently traded at 235.06 with a 50 day moving average of 224.85