Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Nasdaq 100 Watch List Review

Below is the performance of the top five stocks from our Nasdaq 100 list dated November 16, 2012 (found here) to the present:

Symbol Name 2012 2013 % change
BIDU Baidu, Inc. 92.68 162.99 75.86%
VOD Vodafone 25.27 37.17 47.09%
BBBY Bed Bath & Beyond 56.4 78.3 38.83%
MCHP Microchip Tech. 29.37 43.4 47.77%
FLEX Flextronics Int'l 5.54 7.56 36.46%
  Average 49.20%
 
^NDX NASDAQ-100 2534.16 3,470.48 36.95%

Of the top five stocks on our watch list, only one, Flextronics (NASDAQ:FLEX), was unable to exceed the Nasdaq 100 after slightly more than one year. However, within the year, Flextronics was able to achieve a gain of more than +70% by September 2013 before the most recent slump.

Baidu (NASDAQ:BIDU) was the clear outperformer with a gain of +75% in the last year. In spite of the gains made by the stock, Baidu was recommended when the stock was trading at $85.02 with the following chart and commentary (found here):

"The Speed Resistance Lines for Baidu are very compelling at this time as shown below:

"The conservative downside target of $93.43 has been achieved and we are now sitting at the extreme downside target of $54.79. All indications, based on the SRL, are that Baidu is worth considering in a two stage purchase plan, once at the current level and again at $67 or lower."

The remaining watch list from November 16, 2012 also did well with an average gain of +45.87% for the entire watch list and 55% of the entire list exceeding the returns of the Nasdaq 100 Index and only 11% experiencing a decline.

Symbol Name 2012 2013 % change
DELL Dell Inc. 8.86 13.86 56.43%
AMAT Applied Materials 10.15 17.35 70.94%
NVDA NVIDIA Corp. 11.38 15.7 37.96%
INTC Intel Corporation 20.19 23.9 18.38%
ALTR Altera Corp. 30.45 32.52 6.80%
TEVA Teva Pharma 38.29 40.7 6.29%
EXPD Expeditors Int'l of WA 35.76 43.52 21.70%
CTXS Citrix Systems 59.21 58.92 -0.49%
MRVL Marvell Tech. 7.4 14.31 93.38%
NUAN Nuance Comm 20.35 13.4 -34.15%
KLAC KLA-Tencor 44.33 64.03 44.44%
APOL Apollo Group 19.51 26.28 34.70%
ATVI Activision Blizzard 11.05 17.09 54.66%
MU Micron Tech 5.47 21.17 287.02%
FFIV F5 Networks 86.64 82.38 -4.92%
WCRX Warner Chilcott plc 11.98 22.93 91.40%
CHKP Check Point Software 43.67 61.74 41.38%
DLTR Dollar Tree 38.82 55.83 43.82%
GRMN Garmin Ltd. 37.18 48.74 31.09%
XLNX Xilinx Inc. 32.56 44.53 36.76%
FAST Fastenal 41 46.42 13.22%
MSFT Microsoft 26.52 37.6 41.78%

Disclosure: I am long AMAT, INTC, ALTR, EXPD, DLTR.