The NASDAQ-100 Index showcases the top 100 non-financial companies trading on the NASDAQ stock exchange, offering a unique investment prospect distinct from the S&P 500 or the Dow Jones Industrial Average. Delving into this index can spark valuable investment ideas for keen investors. To aid in this venture, a free downloadable spreadsheet featuring all NASDAQ-100 stocks, along with crucial financial metrics like dividend yields and price-to-earnings ratios, is available for access.
The NASDAQ 100 Stocks List includes essential information for each company in the index – stock price, dividend yield, market capitalization, and price-to-earnings ratio. Now, let’s explore how to leverage this list to unearth potential investment opportunities within the NASDAQ-100 Index.
How To Use The NASDAQ-100 Stocks List To Discover Investment Concepts
Owning an Excel file that compiles the names, tickers, and financial data of NASDAQ 100 Index companies is immensely beneficial. Its value amplifies when paired with proficient knowledge of Microsoft Excel. This section will walk you through utilizing Microsoft Excel to execute engaging stock screens on the NASDAQ 100 List.
The first screen we will apply focuses on companies with low price-to-earnings ratios and reasonable price-to-book ratios.
Screen 1: Low Price-to-Earnings Ratios and Reasonable Price-to-Book Ratios
- Download the NASDAQ 100 Stocks List.
- Access the filter icon on the price-to-earnings ratio column.
- Set the filter to "Less Than" with a value of 15.
- Exit the filter and move to the price-to-book value column.
- Filter for ratios "Less Than" 3.
These criteria will isolate NASDAQ 100 stocks with price-to-earnings ratios below 15 and price-to-book ratios below 3, presenting potential investment gems for consideration.
Next, let’s delve into another screen identifying stocks with price-to-earnings ratios below 20 and dividend yields above 2%.
Screen 2: Reasonable Price-to-Earnings Ratios, Above-Average Dividend Yields
- Download the NASDAQ 100 Stocks List.
- Utilize the filter icon on the price-to-earnings ratio column.
- Set the filter to "Less Than" with a value of 20.
- Exit the filter and navigate to the dividend yield column.
- Filter for yields "Greater Than" 2%.
This screen will uncover NASDAQ 100 stocks with price-to-earnings ratios under 20 and dividend yields exceeding 2%.
Final Thoughts
While the NASDAQ-100 harbors numerous high-quality companies, its sectoral bias towards technology and exclusion of other stock exchanges necessitate a broader investment exploration. Sure Dividend beckons investors to explore their databases for extensive investment opportunities beyond the NASDAQ exchange, catering to various investment preferences. Whether seeking dividend growth potential, sector-specific dividends, or diverse stock market indices, Sure Dividend databases equip investors with the tools to refine their investment portfolios effectively.
Engage with Sure Dividend’s rich databases to mold an investment approach tailored to your quantitative criteria and financial objectives. Customize your investment voyage with Sure Dividend databases designed to align with your investment standards and preferences.
Thank you for accompanying us on this insightful journey. For any feedback, corrections, or queries, reach out to support@suredividend.com.