Is ThredUp Inc. (TDUP) the Best Performing NASDAQ Stock So Far in 2025?

From Yahoo Finance: 2025-04-01 10:24:00

In 2025, ThredUp Inc. (TDUP) is one of the best-performing NASDAQ stocks. T. Rowe Price’s Tony Wang discusses tech sector volatility on CNBC. The NASDAQ underperformed in March, but Wang sees potential for growth and momentum. Tech stocks have shown substantial growth, with possible improvements in valuations and cost reduction strategies.

Using the Finviz stock screener, 11 NASDAQ stocks with the highest year-to-date gains were identified as of March 31. Hedge fund sentiment for each stock was also analyzed. Hedge fund stock picks have shown to outperform the market, with a strategy returning 373.4% since May 2014.

ThredUp Inc. (TDUP) operates an online resale platform in the US, using AI to enhance customer experience and drive conversion. AI integration has improved image searches and product sell-through rates. The company’s new customer volume increased by 32% year-over-year, with positive growth projections for upcoming quarters.

Despite its growth potential, TDUP ranks 9th on the list of best performing NASDAQ stocks in 2025. AI stocks hold promise for high returns within a shorter timeframe. For those seeking promising AI stocks at low valuations, a report on the cheapest AI stock is available. ThredUp Inc. (TDUP) continues to innovate and grow its buyer base, emphasizing the importance of AI in its success.

Read more: Is ThredUp Inc. (TDUP) the Best Performing NASDAQ Stock So Far in 2025?