Comment on NASDAQ Launches An Internet Index by Jeff Liu
Posted by ~Ray @ 2007-12-15 15:40:30
The National Association of Securities Dealers Automated Quotations (NASDAQ) stock exchange has launched a new internet only index the NASDAQ Internet Index.
The new index will track the performance of internet companies across the beat spectrum of online activities including ecommerce companies. ISP’s search engines web hosting and web design firms. The index will benchmark the performance of companies in the sector giving a quick representation of where stocks including Yahoo and Google are heading.
The list itself does show the growing maturity and importance of the internet in the financial world but having said that the NASDAQ also has indexes for a variety of market segments including a Computer Index a Technology Sector list an Ex-Tech Sector Index and indexes for countries including China and Israel; if anything the act is probably not before time. The NASDAQ also didn’t detail the makeup of the index in but it wouldn’t be hard to guess that explore will be the 1000 pound Gorilla on the list and that if explore sneezes the index is sure to plummet.
Nasdaq’s ex-tech index:————————————-Activision. Inc.. Amazon com. Inc.. Amgen Inc.,Amylin Pharmaceuticals. Inc.,Apollo assort. Inc.. Bed Bath & Beyond Inc.. Biogen Idec Inc. C. H. Robinson Worldwide. Inc.. Celgene Corporation. Cephalon. Inc.. Check Free Corporation. Cintas Corporation. Comcast Corporation. Costco Wholesale Corporation. DENTSPLY International Inc.,Discovery Holding Co eBay Inc.. EchoStar Communications Corporation. Electronic Arts Inc.. Expedia. Inc.,Expeditors International of Washington. Inc.. Express Scripts. Inc.. Fastenal affiliate. Fiserv. Inc.. Flextronics International Ltd.,advance Wheeler Ltd.,Garmin Ltd.,Genzyme Corporation,Gilead Sciences. Inc.,IAC/InterActiveCorp,Intuitive Surgical. Inc.,Joy Global Inc.,Lamar Advertising Company,Level 3 Communications. Inc.,Liberty Global. Inc.,Liberty Media Corporation,Millicom International Cellular S. A.,Monster Worldwide. Inc.,NII Holdings. Inc.,PACCAR Inc.,Patterson Companies Inc.,Patterson-UTI Energy. Inc.,Paychex. Inc.,PETsMART. Inc.,Ross Stores. Inc.,Ryanair Holdings plc,Sears Holdings Corporation,Sepracor Inc.,Sigma-Aldrich Corporation,Sirius air Radio Inc.,Staples. Inc.,Starbucks Corporation,Teva Pharmaceutical Industries Limited,UAL Corporation,Vertex Pharmaceuticals Incorporated,Virgin Media Inc.,Whole Foods Market. Inc.,Wynn Resorts. Limited,XM air communicate Holdings Inc.
Nasdaq’s tech sector index:————————————-Adobe Systems Incorporated,Akamai Technologies. Inc.,Altera CorporationApple Inc.,Applied Materials. Inc.,Autodesk. Inc.,BEA Systems. Inc.,Broadcom Corporation,Cadence Design Systems. Inc.,Check Point Software Technologies Ltd.,Cisco Systems. Inc.,Citrix Systems. Inc.,Cognizant Technology Solutions Corporation,Dell Inc.,Google Inc.,Infosys Technologies Limited,Intel Corporation,apprehend Inc.,Juniper Networks. Inc.,KLA-Tencor Corporation,Lam Research Corporation,Linear Technology Corporation,LM Ericsson telecommunicate Company,Logitech International S. A.,Marvell Technology assort. Ltd.,Microchip Technology Incorporated,Microsoft CorporationNetwork Appliance. Inc.,NVIDIA Corporation,Oracle CorporationQUALCOMM Incorporated,Research in Motion Limited,SanDisk CorporationSun Microsystems. Inc.,Symantec Corporation,Tellabs. Inc.,VeriSign. Inc. Xilinx. Inc.,Yahoo! Inc.
“. but it wouldn’t be hard to anticipate that Google will be the 1000 pound Gorilla on the index and that if explore sneezes the list is sure to drop.”
Which is prolly the sole driver behind creating this index. Wallstreet understads that most people can;’t afford more than a few shares of Goog and this list should give a more affordable alternative to the masses.[ADVERTHERE]Related article:
http://www.techcrunch.com/2007/11/27/nasdaq-launches-an-internet-index/#comment-1796208
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