Fri, December 13, 2024
Thu, December 12, 2024

Nasdaq-100 Shake-Up: These are the Stocks to Watch as Big Names Join and Fall Off the List

The Nasdaq 100 Index is one of the most replicated indexes by mutual funds and various exchange traded funds (ETFs). Between the two forms of index investing there are hundreds of funds tracking the performance of the Nasdaq 100. This is one of the reasons that it is very beneficial for a company to be included in the Nasdaq 100 Index.
The article from Money Morning discusses the upcoming changes to the Nasdaq-100 Index, which will take effect before the market opens on December 18, 2024. Notable additions to the index include Super Micro Computer, Inc. (SMCI), known for its server and storage solutions, and DoorDash, Inc. (DASH), reflecting the growing influence of tech and delivery services. Conversely, significant removals include Activision Blizzard, which was acquired by Microsoft, and eBay Inc., indicating shifts in market dynamics and corporate ownership. The article highlights how these changes could influence investment strategies, with investors advised to watch these stocks for potential impacts on their portfolios. It also notes that the Nasdaq-100, which tracks the 100 largest non-financial companies listed on the Nasdaq, is rebalanced annually to reflect market cap changes and corporate actions.

Read the Full Money Morning Article at:
[ https://moneymorning.com/2024/12/11/nasdaq-100-shake-up-these-are-the-stocks-to-watch-as-big-names-join-and-fall-off-the-list/ ]