Earnings season has reached its peak, and on Friday, the Nasdaq Composite (NASDAQINDEX: ^IXIC) didn't like what it saw from the latest reports of its most important constituents. As of 1 p.m. EDT, the Nasdaq was down 2.5%, doubling the declines in a couple of other prominent stock market benchmarks.
If you're wondering about the best performers among top Nasdaq stocks, you might be in for a shock. You won't find any of the big tech names that have dominated the headlines for years. Instead, some of the biggest gains on Monday came for decidedly old-economy stocks. Among the top Nasdaq-100 gainers were CSX (NASDAQ: CSX) and Kraft Heinz (NASDAQ: KHC) , both of which climbed more than 3% as of 11 a.m. EST.
CSX was higher by more than 3% on Monday. That pushed the railroad giant's share price above where it had traded in February prior to the coronavirus pandemic, marking a key milestone in CSX's recovery.
For further details see:
2 Winning Nasdaq Stocks You Probably Forgot All About