NASDAQ-100

The NASDAQ-100 is an index of the stock market of 100 largest non-monetary companies included in the NASDAQ list. It is a capitalization-weight index which is modified. Thus, the market capitalization of the company will be the basis of their index weights. Financial companies are not included but companies outside US are. These factors separate it from Dow Jones Industrial Average. Furthermore, leaving out financial companies differentiate it from S&P 500 Index. NDX or Nasdaq-100 funded by Invesco. The trades of the NDX are under the NASDAQ: QQQQ but became under American Stock Exchange catering for the four Q code or also known as Cubes. This index is an average weight in terms of capitalization.

The index’s balance is reviewed annually and makes the necessary changes such as re-ranking and reviewing on index’s components. The companies are reviewed in the aspects of share prices and share totals. The first 100 in the list is reviewed thoroughly. Moreover, there are also some strict standards with the next 25 companies following the first 100. The 25 companies following the top 100 should belong to the top 100 of the previous year in order to retain their ranks. If they do not belong to the previous year’s top 100, the companies are dropped and are replaced. The other standards and requirements should also be maintained to avoid being dropped. These changes in the companies and market composition can cause alterations in the stock prices. The alterations are made public through press conferences, announcements and the like. An annual publicity made every December 10 is also done to announce the annual changes in ranks and balancing. The rebalancing should be done only due to some instances. If there is a company with 24% worth in the index, the index should be rebalanced. Moreover, the index should also be rebalanced if 4.5% worth rated companies compromise the 48% of the index. These standards will allow the index list to be diversified and be composed of different companies, which are capable and credible enough.

NASDAQ 100 Sectors Weighting Technology                  55.19% Consumer Services   19.70% Health Care                 13.58% Industrials                     5.99% Consumer Goods        2.56% Telecommunications   2.40% Basic Materials            0.34% Oil and Gas                   0.24%

Companies that are included in NASDAQ are not just any company existing in the American stock market. There are requirements that a company must have to be included in the said index list. The first requirement is that the company is far from bankruptcy measures. This would give the committee of the NASDAQ an impression of credibility and foundation. 200,000 average daily volume sales are also required from the NASDAQ along with the company’s capability to update annual and quarterly reports accurately. And lastly, the company must belong to the Global Market Tiers or Global Select. It must be registered not less than two years and show that it meets standards on market capitalization.

Companies must Maintain Standards to stay listed in The Nasdaq 100

The companies that are included in the NASDAQ list can change from time to time. This is due to the fact that some companies may not be able to maintain the standards required of the companies. The companies may have been bankrupted, merged with other companies or transferred to another exchange. The companies will be taken out from the list and a new company will replace the said delisted company.

A Company wll be Delisted from the Index:

• If the company U.S. listing is changed to any other market than the Nasdaq National Market
• If the security issuer is in any form of bankruptcy proceedings.
• If the stock average daily trading volume falls below 200,000 shares
• If the company becomes organized under the laws of a jurisdiction outside the U.S.(there are some exclusions to this based on options markets availability)


• If the companies adjusted market capitalization falls below 0.10% of the total adjusted market capitalization of the entire Index.
• If the company has an annual financial statement with an audit opinion that is withdrawn.

Listing and Instant Quotes for all NASDAQ-100 Companies

Activision Blizzard, Inc	ATVI
Adobe Systems Incorporated	ADBE
Akamai Technologies, Inc.	AKAM
Altera Corporation	ALTR
Amazon.com, Inc.	AMZN
Amgen Inc.	AMGN
Apollo Group, Inc.	APOL
Apple Inc.	AAPL
Applied Materials, Inc.	AMAT
Autodesk, Inc.	ADSK
Automatic Data Processing, Inc.	ADP
Baidu, Inc.	BIDU
Bed Bath & Beyond Inc.	BBBY
Biogen Idec Inc	BIIB
BMC Software, Inc.	BMC
Broadcom Corporation	BRCM
C.H. Robinson Worldwide, Inc.	CHRW
CA Inc.	CA
Celgene Corporation	CELG
Cephalon, Inc.	CEPH
Cerner Corporation	CERN
Check Point Software Technologies Ltd.	CHKP
Cisco Systems, Inc.	CSCO
Citrix Systems, Inc.	CTXS
Cognizant Technology Solutions Corporation	CTSH
Comcast Corporation	CMCSA
Costco Wholesale Corporation	COST
Ctrip.com International, Ltd.	CTRP
Dell Inc.	DELL
DENTSPLY International Inc.	XRAY
DIRECTV	DTV
Dollar Tree, Inc.	DLTR
eBay Inc.	EBAY
Electronic Arts Inc.	ERTS
Expedia, Inc.	EXPE
Expeditors International of Washington, Inc.	EXPD
Express Scripts, Inc.	ESRX
F5 Networks, Inc.	FFIV
Fastenal Company	FAST
First Solar, Inc.	FSLR
Fiserv, Inc.	FISV
Flextronics International Ltd.	FLEX
FLIR Systems, Inc.	FLIR
armin Ltd.	GRMN
Genzyme Corporation	GENZ
Gilead Sciences, Inc.	GILD
Google Inc.	GOOG
Henry Schein, Inc.	HSIC
Illumina, Inc.	ILMN
Infosys Technologies Limited	INFY
Intel Corporation	INTC
Intuit Inc.	INTU
Intuitive Surgical, Inc.	ISRG
Joy Global Inc.	JOYG
KLA-Tencor Corporation	KLAC
Lam Research Corporation	LRCX
Liberty Media Corporation	LINTA
Life Technologies Corporation	LIFE
Linear Technology Corporation	LLTC
Marvell Technology Group, Ltd./td>	MRVL
Mattel, Inc.	MAT
Maxim Integrated Products, Inc.	MXIM
Microchip Technology Incorporated	MCHP
Micron Technology, Inc.	MU
Microsoft Corporation	MSFT
Millicom International Cellular S.A.	MICC
Mylan Inc.	MYL
NetApp, Inc.	NTAP
Netflix, Inc.	NFLX
News Corporation	NWSA
NII Holdings, Inc.	NIHD
NVIDIA Corporation	NVDA
O'Reilly Automotive, Inc.	ORLY
Oracle Corporation	ORCL
PACCAR Inc.	PCAR
Paychex, Inc.	PAYX
priceline.com Incorporated	PCLN
Qiagen N.V.	QGEN
QUALCOMM Incorporated	QCOM
Research in Motion Limited	RIMM
Ross Stores, Inc.	ROST
SanDisk Corporation	SNDK
Seagate Technology.	STX
Sears Holdings Corporation	SHLD
Sigma-Aldrich Corporation	SIAL
Staples, Inc.	SPLS
Starbucks Corporation	SBUX
Stericycle, Inc.	SRCL
Symantec Corporation	SYMC
Teva Pharmaceutical Industries Limited	TEVA
Urban Outfitters, Inc.	URBN
VeriSign, Inc.	VRSN
Vertex Pharmaceuticals Incorporated	VRTX
Virgin Media Inc.	VMED
Vodafone Group Plc	VOD
Warner Chilcott plc	WCRX
Whole Foods Market, Inc.	WFMI
Wynn Resorts, Limited	WYNN
Xilinx, Inc.	XLNX
Yahoo! Inc.	YHOO