Top Companies of NASDAQ 100 in 2024

Here are the top companies on the NASDAQ 100 index in 2024. NASDAQ 100 is one of the most prominent large-cap growth indices in the world.

Many companies listed in the NASDAQ 100 operate in the tech sector. That is why many investors who are focused investing in tech stocks also invest in NASDAQ index to grow their funds.

What is NASDAQ 100?

NASDAQ 100 is a stock market index composed of the 100 largest and most actively traded companies in the United States of America in the non- financial sector and are segmented under technology, retail, industrial, biotechnology, health care, telecom, transportation, media and services sectors.

Who Should Invest in NASDAQ 100?

1. Tech stocks investors

NASDAQ 100 is home to the four iconic tech companies that reached the trillion market cap in the US. They are Apple (AAPL), Amazon (AMZN), Microsoft (MSFT) and Alphabet (GOOG, GOOGL).

Another valuable tech companies such as Adobe (ADBE), Cisco (CSCO), Intel (INTC), Tesla (TSLA), Qualcomm (QCOM), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), and Broadcom (AVGO) also contribute for the growth of Nasdaq 100.

2. Long-term investors

Historical charts reflect how NASDAQ 100 has been steadily growing every year. Although there have been some bear market trends and economy crises, NASDAQ 100 has always regained its growing momentum.

Buying more shares during market crashes like that of Coronavirus era and this looming recession give more opportunities to long term investors.

3. Investors who like strong diversified portfolio

Since NASDAQ 100 is a basket of numerous excellent companies with large market capitalization listed in the NASDAQ stock market, investing in this index is a great way to diversify your money.

This can also help an investor to minimize risk by allocating their funds to different companies instead of one.

4. Investors who like innovation and emerging markets

NASDAQ 100 companies are carefully chosen based on growth potential and innovation. These companies adapt to the ever-evolving technology and emerging markets.

If you like innovation and you are confident with companies making impact towards progress in the economy like Tesla, Meta Platforms, Microsoft, Intel, Starbucks, Netflix and many more, invest in NASDAQ 100.

NASDAQ 100 companies in 2024

List of Top Companies of NASDAQ 100 in 2024:

Microsoft Corp.MSFT
Apple Inc.AAPL
Meta Platforms Inc.META
Broadcom Inc.AVGO
Alphabet Inc. Class AGOOGL
Alphabet Inc. Class CGOOG
Costco Wholesale Corp.COST
Tesla Inc.TSLA
Advanced Micro Devices Inc.AMD
Netflix Inc.NFLX
PepsiCo Inc.PEP
Adobe Inc.ADBE
Cisco Systems Inc.CSCO
T-Mobile US Inc.TMUS
Intuit Inc.INTU
Applied Materials Inc.AMAT
Intel Corp.INTC
Comcast Corp.CMCSA
Texas Instruments Inc.TXN
Amgen Inc.AMGN
Intuitive Surgical Inc.ISRG
Micron Technology Inc.MU
Honeywell International Inc.HON
Lam Research Corp.LRCX
Booking Holdings Inc.BKNG
Vertex Pharmaceuticals Inc.VRTX
Regeneron Pharmaceuticals Inc.REGN
Automatic Data Processing Inc.ADP
Starbucks Corp.SBUX
Analog Devices Inc.ADI
Mondelez International Inc.MDLZ
Synopsys Inc.SNPS
Palo Alto Networks Inc.PANW
Gilead Sciences Inc.GILD
Cadence Design Systems Inc.CDNS
PDD Holdings Inc.PDD
Mercadolibre Inc.MELI
Marriott International Inc. Class AMAR
Crowdstrike Holdings Inc.CRWD
Airbnb Inc.ABNB
PayPal Holdings Inc.PYPL
Cintas Corp.CTAS
O'Reilly Automotive Inc.ORLY
Marvell Technology Inc.MRVL
NXP Semiconductors NVNXPI
Constellation Energy Corp.CEG
Monster Beverage Corp.MNST
Roper Technologies Inc.ROP
Workday Inc.WDAY
Copart Inc.CPRT
Fortinet Inc.FTNT
DexCom Inc.DXCM
DoorDash Inc.DASH
Autodesk Inc.ADSK
Old Dominion Freight Line Inc.ODFL
Microchip Technology Inc.MCHP
Ross Stores Inc.ROST
Kraft Heinz Co.KHC
Paychex Inc.PAYX
American Electric Power Co.AEP
Fastenal Co.FAST
Lululemon Athletica Inc.LULU
IDEXX Laboratories Inc.IDXX
Keurig Dr Pepper Inc.KDP
GE Healthcare Technologies Inc.GEHC
Moderna Inc.MRNA
Charter Communications Inc.CHTR
CoStar Group Inc.CSGP
Trade Desk Inc.TTD
Datadog Inc.DDOG
Exelon Corp.EXC
Diamondback Energy Inc.FANG
Cognizant Technology Solutions Corp.CTSH
Electronic Arts Inc.EA
Baker Hughes Co.BKR
Verisk Analytics Inc.VRSK
Coca-Cola Europacific PartnersCCEP
Atlassian CorpTEAM
Xcel Energy Inc.XEL
Biogen Inc.BIIB
ON Semiconductor Corp.ON
Dollar Tree Inc.DLTR
Zscaler Inc.ZS
MongoDB Inc.MDB
Take-Two Interactive Software Inc.TTWO
Illumina Inc.ILMN
Warner Bros Discovery Inc.WBD
Walgreens Boots Alliance Inc.WBA
Sirius XM Holdings Inc.SIRI

Note that there are currently 101 symbols on the list because some companies listed two share classes. Example, Alphabet has GOOGL (Class A) and GOOG (Class C).

How to Invest in NASDAQ 100 Index?

1. Buy shares of NASDAQ 100 through a CFD

Find a trusted online broker in your country that offers NASDAQ 100 (CFD), stocks, and ETF (Exchange Traded Funds). Ensure that it is user-friendly, licensed, and also provides CFD (contract for differences) of other top indexes like S&P 500, Dow Jones 30, and also numerous index funds.

NASDAQ 100 components in 2024
Nasdaq 100 index performance in the past 5 years (Past performance is not an indication of future results)

Most brokers also provide their in-depth analysis tools, research, and advanced trading platform. Beginners and newbies can learn so much as they can customize charts, tools, indicators, and widgets.

You should consider whether you can afford to take the high risk when investing in NASDAQ 100 index using CFD or index funds.

2. Invest in ETF that tracks the NASDAQ 100

Another convenient and more affordable way to invest in NASDAQ 100 is by investing in ETF (Exchange-Traded Fund) that tracks the performance of NASDAQ 100 such as Invesco QQQ ETF or Powershares QQQ.

You can already start investing an ETF that tracks the NASDAQ 100 using your mobile, tablet, and desktop.

etf that tracks nasdaq 100 index

Other Top Indexes in the World:

Disclaimer: This content is for information purposes only and should never be considered as investment advice or endorsement of a particular asset. Past performance is not a guarantee of future results. All investments have risks. Risk only capital you’re not afraid to lose. The author has no business relationship to the companies whose stocks have been mentioned.

About Fehl Dungo

Founder of DailyPik, entrepreneur, and tech investor. She has a Degree in Accountancy and background in Finance. She analyzes stocks everyday. Connect with Fehl on Facebook

Leave a Comment