Suppose you are familiar with the term stock index. In that case, you must also be familiar with NAS 100 because NAS 100 is one of the best stock indexes in the global market of trading.
NAS 100 has two different names along with NAS 100 that are NASDAQ 100 and US TECH 100. Many people are confused between NAS 100 and NASDAQ Composite, but they both are different terms in indexes.
If you have ever thought, “What is NAS 100”, then you must read this article thoroughly so that you can understand “what is NAS 100” properly. So, let’s start the proceedings:
Table of Contents
What is NAS 100?
Nasdaq is an electronic marketplace store that provides its services worldwide. Here you can sell and buy securities. It is also said to be a benchmark index for US TECH stocks. The term ‘Nasdaq’ is mainly used for the Nasdaq Composite.
The NAS 100 is a significant and one of the most famous stock market indexes that features more than 100 of the largest publicly traded businesses that are non-financial on the NASDAQ composite index. And NASDAQ composite is the second-largest stock exchange in the world.
Different brokerage platforms call it differently. Some call it NAS100 while others call it NDX100, but it is not the end of NAS 100 names. SO, if you hear or read any term like that, it is NASDAQ 100 except NAS composite.
NAS 100 Composition
As a component of NASDAQ (a platform to buy and sell securities), NAS 100 is composed of 102 securities provided by 100 of the largest non-financial stocks from the NASDAQ or NAS exchange.
NAS 100 Companies
Many big companies have appeared on the index of NAS 100. The common aspect of every company in the NAS 100 is that they all are highly tech-focused. These companies are:
- Google parent company Alphabet
- Apple
- Costco Wholesale
- Hasbro
- And Intel etc.
When we look at the best companies that were in the index of NAS 100 as of November 2019, then we will see these companies:
- Apple
- Comcast
- Adobe
- Amazon
- Alphabet
- Intel
- Cisco
- PepsiCo
- Microsoft
How does NAS 100 make these companies? (Eligibility Criteria)
If a company wants to be a part of the NAS 100, then it must be on the NASDAQ exchange. NAS exchanges can be American depositary receipts (ADRs), ordinary shares, common stocks, and tracking stocks.
When we talk about countries, you can see twenty countries connected with those companies listed on the NAS 100 index. Other factors that can take a company into the list are:
Market capitalization
Liquidity
Note: A company does not require any minimum requirement or anything like that to participate in the list of 100 biggest companies in the NAS 100 index.
The Bottom Line
You have read that NAS 100 is so much famous index that the biggest companies and names of the world want to be on the list of the NASDAQ 100 index. Now, you have basic information and understanding about NAS 100.
