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Buy 5 Non-Tech Nasdaq Stocks to Enhance Your Portfolio Returns in Q4
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Key Takeaways
APA benefits from cost savings, stronger capital efficiency and long-term growth from GranMorgu.
CASY's inside sales momentum, fuel margins and CEFCO conversions support growth and margin expansion.
EBAY, HAS and EQIX gain from marketplace innovation, gaming demand and AI infrastructure growth.
Wall Street has been witnessing an astonishing rally since the beginning of 2023, barring some minor fluctuations. The rally has primarily been driven by the global artificial intelligence (AI) technology boom. Generative and agentic AI have transformed the entire landscape of the information technology sector worldwide.
Consequently, the tech-heavy Nasdaq Composite jumped 43.4%, 28.6% and 20.4%, respectively, in 2023, 2024 and 2025. This trend has continued this year too albeit at a slow pace, especially after the post-mid-term election meltdown.
However, despite the fact that the Nasdaq Composite is a tech-laden index, several non-tech Nasdaq-listed stocks have also flourished this year. Investment in these stocks with a favorable Zacks Rank should be fruitful in the remaining days of this year.
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
APA Corp.
APA offers a favorable setup, supported by stronger capital efficiency, cost savings and visible long-term growth. GranMorgu remains on track for first oil in mid-2028, while the Permian is delivering higher U.S. oil guidance without added capital.
Better cash conversion and ROIC point to improved funding flexibility and capital productivity, helping APA reduce debt while supporting shareholder returns. APA’s earnings remain cyclical, however, and commodity prices can materially affect cash flow. Gas-trading returns are market-sensitive.
Net debt also remains meaningful, though deleveraging is progressing. APA is lowering its underlying cost structure across operations. APA’s stronger operating efficiency, disciplined spending and long-term growth potential outweigh risks.
APA has an expected revenue and earnings growth rate of 2% and 72.9%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.9% over the last seven days.
Casey's General Stores Inc.
Casey's General Stores continues to benefit from solid inside sales momentum, supported by prepared foods, beverages and grocery categories. We expect CASY’s inside same-store sales to increase 3.3% in fiscal 2027, while favorable sales mix and cost management support margin expansion.
Fuel remains a key earnings driver, benefiting from CASY’s strong margins and an expanded store network. CEFCO conversions are increasing prepared-food sales and creating further growth opportunities as CASY expands its store base. Cash generation supports investment and shareholder returns.
Casey's General Stores has an expected revenue and earnings growth rate of 22% and 12.8%, respectively, for the current year (ending April 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 16.9% over the last 60 days.
eBay Inc.
eBay benefits from diversified revenue streams, with Advertising, Shipping and financial services supporting seller visibility, payment choice and transaction efficiency. EBAY Live offers a promising growth avenue by expanding seller participation, buyer engagement and inventory discovery.
Focus Categories, C2C and recommerce are strengthening marketplace relevance, while Depop broadens EBAY’s reach among younger consumers and pre-loved fashion. EBAY’s strong cash generation supports reinvestment and shareholder distributions.
eBay has an expected revenue and earnings growth rate of 13.8% and 9.8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.2% over the last 30 days.
Hasbro Inc.
Hasbro continues to benefit from strong MAGIC: The Gathering demand, successful releases, backlist sales and broader distribution. Rising player engagement and Universes Beyond partnerships support HAS’ franchise growth, while Consumer Products benefits from entertainment-linked brands and licensing partnerships.
Cost savings, supply-chain efficiencies and disciplined inventory management support HAS’ profitability and cash generation. The 2027 gaming pipeline offers further growth potential. Reflecting this momentum, HAS raised its 2026 revenue and margin guidance.
Hasbro has an expected revenue and earnings growth rate of 9.6% and 23.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.4% over the last seven days.
Equinix Inc.
Equinix remains a key beneficiary of the shift toward hybrid multicloud and AI infrastructure as enterprises require distributed, low-latency and sovereign connectivity. EQIX’s dense ecosystem, global footprint and faster capacity deployment strengthen its growth prospects.
In the second quarter of 2026, EQIX’s bookings, interconnections and recurring revenue growth strengthened, while operating leverage led to higher full-year and long-term guidance. In 2026, EQIX expects higher revenues and adjusted funds from operations per share.
Equinix has an expected revenue and earnings growth rate of 12.1% and 14.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1% over the last 30 days.
View the Zacks #1 Rank List
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Buy 5 Non-Tech Nasdaq Stocks to Enhance Your Portfolio Returns in Q4
Key Takeaways
Wall Street has been witnessing an astonishing rally since the beginning of 2023, barring some minor fluctuations. The rally has primarily been driven by the global artificial intelligence (AI) technology boom. Generative and agentic AI have transformed the entire landscape of the information technology sector worldwide.
Consequently, the tech-heavy Nasdaq Composite jumped 43.4%, 28.6% and 20.4%, respectively, in 2023, 2024 and 2025. This trend has continued this year too albeit at a slow pace, especially after the post-mid-term election meltdown.
However, despite the fact that the Nasdaq Composite is a tech-laden index, several non-tech Nasdaq-listed stocks have also flourished this year. Investment in these stocks with a favorable Zacks Rank should be fruitful in the remaining days of this year.
Five such non-tech Nasdaq Composite-listed stocks are: APA Corp. (APA - Free Report) , Casey's General Stores Inc. (CASY - Free Report) , eBay Inc. (EBAY - Free Report) , Hasbro Inc. (HAS - Free Report) and Equinix Inc. (EQIX - Free Report) . Each of our picks currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
APA Corp.
APA offers a favorable setup, supported by stronger capital efficiency, cost savings and visible long-term growth. GranMorgu remains on track for first oil in mid-2028, while the Permian is delivering higher U.S. oil guidance without added capital.
Better cash conversion and ROIC point to improved funding flexibility and capital productivity, helping APA reduce debt while supporting shareholder returns. APA’s earnings remain cyclical, however, and commodity prices can materially affect cash flow. Gas-trading returns are market-sensitive.
Net debt also remains meaningful, though deleveraging is progressing. APA is lowering its underlying cost structure across operations. APA’s stronger operating efficiency, disciplined spending and long-term growth potential outweigh risks.
APA has an expected revenue and earnings growth rate of 2% and 72.9%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.9% over the last seven days.
Casey's General Stores Inc.
Casey's General Stores continues to benefit from solid inside sales momentum, supported by prepared foods, beverages and grocery categories. We expect CASY’s inside same-store sales to increase 3.3% in fiscal 2027, while favorable sales mix and cost management support margin expansion.
Fuel remains a key earnings driver, benefiting from CASY’s strong margins and an expanded store network. CEFCO conversions are increasing prepared-food sales and creating further growth opportunities as CASY expands its store base. Cash generation supports investment and shareholder returns.
Casey's General Stores has an expected revenue and earnings growth rate of 22% and 12.8%, respectively, for the current year (ending April 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 16.9% over the last 60 days.
eBay Inc.
eBay benefits from diversified revenue streams, with Advertising, Shipping and financial services supporting seller visibility, payment choice and transaction efficiency. EBAY Live offers a promising growth avenue by expanding seller participation, buyer engagement and inventory discovery.
Focus Categories, C2C and recommerce are strengthening marketplace relevance, while Depop broadens EBAY’s reach among younger consumers and pre-loved fashion. EBAY’s strong cash generation supports reinvestment and shareholder distributions.
eBay has an expected revenue and earnings growth rate of 13.8% and 9.8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.2% over the last 30 days.
Hasbro Inc.
Hasbro continues to benefit from strong MAGIC: The Gathering demand, successful releases, backlist sales and broader distribution. Rising player engagement and Universes Beyond partnerships support HAS’ franchise growth, while Consumer Products benefits from entertainment-linked brands and licensing partnerships.
Cost savings, supply-chain efficiencies and disciplined inventory management support HAS’ profitability and cash generation. The 2027 gaming pipeline offers further growth potential. Reflecting this momentum, HAS raised its 2026 revenue and margin guidance.
Hasbro has an expected revenue and earnings growth rate of 9.6% and 23.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 2.4% over the last seven days.
Equinix Inc.
Equinix remains a key beneficiary of the shift toward hybrid multicloud and AI infrastructure as enterprises require distributed, low-latency and sovereign connectivity. EQIX’s dense ecosystem, global footprint and faster capacity deployment strengthen its growth prospects.
In the second quarter of 2026, EQIX’s bookings, interconnections and recurring revenue growth strengthened, while operating leverage led to higher full-year and long-term guidance. In 2026, EQIX expects higher revenues and adjusted funds from operations per share.
Equinix has an expected revenue and earnings growth rate of 12.1% and 14.5%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1% over the last 30 days.