July 7 of this year Space exploration technologies<\/strong> (NASDAQ: SPCX) is one of the new members Nasdaq-100<\/strong>added just 15 trading days after its record public debut under the new fast-track entry rule. There are approximately $800 billion in funds that track this index, so each of them should have done so buy shares<\/a>and this mechanical demand grabbed a lot of headlines. <\/p>\n Here’s something to keep in mind: A stock may meet the criteria for inclusion in a prominent index, but that doesn’t necessarily make it a good buy. Forced buying by passively managed funds can inflate the price of newly opened, highly valued stocks in the short term, but history is littered with hyped index additions that later turned out to be disappointing investments. Instead of chasing a rocket, I’d direct patient investors to three quieter Nasdaq-100 players in the consumer world that are doing some really interesting things right now. <\/p>\n Missed Nvidia in 2009? This rare signal flashes again.<\/em><\/strong> In 2009, a Doubling signal flashed for a little-known chip maker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia. <\/em>continue \u00bb<\/em><\/strong><\/a> <\/p>\n Neat Dr. Pepper<\/strong> (NASDAQ: KDP ) is in the midst of the boldest reimagining of its short life. It completed an estimated $18 billion acquisition of Dutch coffee company JDE Peet’s this spring and plans to split into two focused, separately traded businesses by the end of 2026: a global coffee company and a North American soft drinks company. The logic is that investors often value a focused business more than a large one, so the separation of two somewhat disparate units could bring surface value that is now buried. <\/p>\n I would weigh that against the debt the company took on to buy JDE Peet’s, which significantly increased the leverage of the combined company. It’s a trade-off: real transformative potential combined with a balance sheet that now has less room for error. <\/p>\n O’Reilly Automotive<\/strong> (NASDAQ: ORLY ) is selling auto parts<\/a>which sounds as exciting as Tuesday. But the company is such a sustainable producer that it is quietly building wealth. As people keep older cars on the road longer, they need to buy more parts to fix them, making O’Reilly’s business relatively resilient as household budgets tighten. <\/p>\n1. Keurig Dr Pepper: The beverage giant reinventing itself <\/h2>\n
2. O’Reilly Automotive: The compounder is hiding in plain sight <\/h2>\n