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.
List of Top Companies of NASDAQ 100 in 2024:
Company | Symbol |
---|---|
Microsoft Corp. | MSFT |
Apple Inc. | AAPL |
NVIDIA Corp. | NVDA |
Amazon.com Inc. | AMZN |
Meta Platforms Inc. | META |
Broadcom Inc. | AVGO |
Alphabet Inc. Class A | GOOGL |
Alphabet Inc. Class C | GOOG |
Costco Wholesale Corp. | COST |
Tesla Inc. | TSLA |
Advanced Micro Devices Inc. | AMD |
Netflix Inc. | NFLX |
PepsiCo Inc. | PEP |
Linde | LIN |
Adobe Inc. | ADBE |
Cisco Systems Inc. | CSCO |
QUALCOMM Inc. | QCOM |
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 |
KLA Corp. | KLAC |
Mondelez International Inc. | MDLZ |
Synopsys Inc. | SNPS |
Palo Alto Networks Inc. | PANW |
Gilead Sciences Inc. | GILD |
ASML Holding NV | ASML |
Cadence Design Systems Inc. | CDNS |
PDD Holdings Inc. | PDD |
Mercadolibre Inc. | MELI |
Marriott International Inc. Class A | MAR |
Crowdstrike Holdings Inc. | CRWD |
CSX Corp. | CSX |
Airbnb Inc. | ABNB |
PayPal Holdings Inc. | PYPL |
Cintas Corp. | CTAS |
O'Reilly Automotive Inc. | ORLY |
PACCAR Inc. | PCAR |
Marvell Technology Inc. | MRVL |
NXP Semiconductors NV | NXPI |
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 |
AstraZeneca | AZN |
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 |
CDW Corp. | CDW |
Verisk Analytics Inc. | VRSK |
Coca-Cola Europacific Partners | CCEP |
Atlassian Corp | TEAM |
ANSYS Inc. | ANSS |
Xcel Energy Inc. | XEL |
Biogen Inc. | BIIB |
ON Semiconductor Corp. | ON |
Dollar Tree Inc. | DLTR |
GLOBALFOUNDRIES Inc. | GFS |
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.
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.
Other Top Indexes in the World:
- Top 50 Companies on the S&P 500
- Top 30 Companies on the Dow Jones
- Top 30 Companies on the PSEI
- Top 35 Companies on the UK100
- Top 40 Companies of DAX Index
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.