{"id":197281,"date":"2025-10-02T14:05:17","date_gmt":"2025-10-02T14:05:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/197281\/"},"modified":"2025-10-02T14:05:17","modified_gmt":"2025-10-02T14:05:17","slug":"here-are-the-stocks-that-doubled-in-the-third-quarter","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/197281\/","title":{"rendered":"Here are the stocks that doubled in the third quarter"},"content":{"rendered":"

Very few stocks made the “100% club” in the third quarter, meaning they saw shares more than double in the span of just three months. Tuesday marked the final session of the third quarter, which saw the S & P 500 gain nearly 8%, the tech-heavy Nasdaq Composite jump more than 11% and the Dow Jones Industrial Average rise more than 5% since the end of June. U.S. stocks recorded an unusually solid September, during which the S & P 500 gained more than 3% in a month that has averaged a 4.2% drop over the past five years. As the bull market has roared onward \u2014 powering through ongoing concerns tied to high market concentration and valuation levels, artificial intelligence fervor and macroeconomic health \u2014 a handful of names managed to deliver sky-high returns. Among them were several tech stocks, including some artificial intelligence beneficiaries, that have flown under the radar until now, including Astera Labs , Sandisk , Terawulf and Rigetti Computing . Some of these stocks have LSEG consensus price targets that indicate downside could be ahead. Take a look at several of the names below: Astera Labs made the exclusive club with a nearly 124% gain in the third quarter. Analysts’ consensus price target on the stock suggests a roughly 3% potential loss for the stock, which is up more than 45% for the year. The company is a major beneficiary of the AI trade, as it makes semiconductor-based connectivity systems for cloud and AI infrastructure. One analyst at Evercore ISI grew particularly bullish on Astera after the company’s blowout second-quarter results. Analyst Mark Lipacis reiterated his outperform rating on the company in early August, calling the stock an “AI pure play in [an] accelerating capex market,” and setting a price target of $215 per share. Astera closed Tuesday at $195.80. Rigetti Computing, a quantum computing name, popped more than 150% during the most recent quarter. The high-flying stock has often seen the volatile trading that comes from being in an early-stage field in technology. Investors remain bullish on the potential payoff of the quantum computing industry. Bank of America recently forecast the quantum computing market will be worth about $4 billion by 2030, up from an estimated $300 million in 2024. Rigetti is among a handful of “pure-play” quantum stocks alongside peers IonQ and D-Wave Quantum . RGTI 1Y mountain Rigetti Computing stock performance over the past year. Data storage device manufacturer SanDisk was another top performer in the third quarter, with a gain of almost 154% as of Tuesday’s market open. Shares popped another 9% after the company announced Tuesday it is beginning production at a semiconductor plant in Japan to meet greater demand.<\/p>\n","protected":false},"excerpt":{"rendered":"Very few stocks made the “100% club” in the third quarter, meaning they saw shares more than double…\n","protected":false},"author":2,"featured_media":197282,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[92619,122,191,28897,120,113,28895,121,28898,117,14457,114,74,59149],"class_list":["post-197281","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-astera-labs-inc","tag-business-news","tag-computing","tag-d-wave-quantum-inc","tag-dow-jones-industrial-average","tag-investment-strategy","tag-ionq-inc","tag-nasdaq-composite","tag-rigetti-computing-inc","tag-sp-500-index","tag-sandisk-corp","tag-stock-markets","tag-technology","tag-terawulf-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/197281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=197281"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/197281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/197282"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=197281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=197281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=197281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}