Top 30 companies of the US in the NASDAQ index 2020

San Francisco skyline

Technology and innovative companies thrive in the United States where they have access to a large and sophisticated market and dedicated stock exchange, the Nasdaq. The thirty largest publicly traded companies in the Nasdaq Composite index are here presented together with their activities, logos, and useful links.

In the US, large companies are incorporated to get publicly listed on a stock exchange. They can then obtain capital from stock market investors but they must also comply with the regulations of the Securities Exchange Commission. These corporations are then continuously quoted on its stock exchange which ensures proper market conditions for the trading of stocks, the New York Stock Exchange – NYSE – or the Nasdaq Stock Exchange.

Nasdaq logo

The Nasdaq, acronym for the National Association of Securities Dealers Automated Quotations, is a distinct stock exchange from the historic NYSE. Besides some regulatory differences between the two exchanges, the main difference is that the NYSE requires an intermediary trading dealer between buyers and sellers of listed companies’ stocks, while the Nasdaq allows direct transactions between buyers and sellers through an auction system.

This more decentralized approach has over the years attracted many companies focusing on growth through new sectors, markets, and processes to get listed on the Nasdaq, especially, but not exclusively, technological and innovative companies. Companies that get listed on the Nasdaq tend therefore generally to be younger, more dynamic and more focused on technology, science, and innovation, rather than businesses in more traditional industries, such as manufacturing or finance, which tend to usually favor the NYSE.

The Nasdaq Composite Index

To ease the comprehension of the Nasdaq stock market dynamics, and give a taste of how the technology sector is evolving, common stocks and similar securities listed on the Nasdaq Stock Market are aggregated to form the Nasdaq Composite index, often simply referred to as the Nasdaq index, one of the key indices of the US financial markets with the Dow and S&P 500.

It is measured through the evolution of all the stocks and other securities quoted solely on the Nasdaq stock exchange: Common Stock, American Depositary Receipts (ADRs), Limited Partnership Interests, Ordinary Shares, Real Estate Investment Trusts (REITs), Shares of Beneficial Interest (SBIs) and Tracking Stocks.

The Nasdaq-100 Index

For a simpler evaluation and trading based on a smaller subset of securities, the simpler Nasdaq-100 index allows the tracking of more than 90% of the movement of the Nasdaq Composite by only considering about 100 securities. It is a modified capitalization-weighted index that gives more weight to a company as its market capitalization is higher.

Imagined as an index following the companies listed on the Nasdaq, the Nasdaq Composite and Nasdaq-100 are only considered to be rough benchmarks for tech and innovative companies stocks, not for the broader American stocks and economy. To that end, the S&P 500 index is usually favored, as it follows the evolution of the largest 500 American companies, including most of the largest companies quoted on the Nasdaq. For the complete list of the top 500 US companies, and much more information on each company, check our Top 500 US Companies Spreadsheet.

Evolution of the NASDAQ Composite over 5 years
Evolution of the Nasdaq Composite over 5 years (Image: Google Finance)

The real-time quotation of the Nasdaq Composite and the Nasdaq-100 indices can be followed with convenient graphical tools from a number of sources, including Google Finance, Yahoo Finance, Bloomberg, etc.

Note that this post is part of a series:

List of the 30 largest companies of the Nasdaq Stock Market by market capitalization

To help you learn more about the some of the leading tech and innovative US companies, the 30 largest companies in the Nasdaq Stock Exchange, which are also the largest components of the Nasdaq Composite and Nasdaq-100 indices, are listed hereafter. Each company is presented with details on its sector and industry, operations, a direct link to its website, market capitalization, logo and stock symbol. The Nasdaq-listed companies presented hereafter are ranked by market capitalization in US Dollars, as of effective close on Friday, February 7, 2020.

Note that if you are searching for information on these companies to invest in their stocks, make sure you know what you are doing as your investment will be subject to significant risks with the evolution of stock prices. To learn more about investing in the stock market and managing your portfolio, check our post on the best online courses on stock investing and trading.

Remark that in order to establish this list of the 30 largest companies, the Invesco QQQ Exchange Traded Fund (ETF) has been omitted since it does not represent a company but a fund that tracks the Nasdaq’s evolution, even though its total capitalization would place it within the following Top 30. Besides, note that four of the largest companies listed on the Nasdaq are also part of the 30 components of the Dow index: Microsoft, Apple, Cisco Systems and Intel.

Shortcuts to each company

To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 Nasdaq Composite companies. Be sure to also check the Top 10 companies’ summary after the list!

30. Micron Technology

Micron Technology logoSector: Information Technology – Industry: Semiconductors

Micron Technology, Inc., also known as Micron, is a semiconductor company, specialized in computer memory and computer data storage. It markets a range of products including dynamic random-access memory, flash memory, and USB flash drives under the brands Crucial and Ballistix. Micron partnered with Intel (see below) to create IM Flash technologies and to produce NAND flash memory.

Website: micron.com – Market Cap.: $ 63.2 Billion – Stock symbol: MU

29. Intuitive Surgical

Intuitive Surgical logoSector: Health Care – Industry: Health Care Equipment

Intuitive Surgical Inc. is a medical device company developing, manufacturing and marketing minimally invasive surgical platforms and future diagnostic tools. Its flagship product, the da Vinci robotic-assisted system,  allows surgeons to enter and explore the body through a single small incision; it was one of the first to be cleared by the American Food and Drug Administration.

Website: intuitive.com – Market Cap.: $ 67.0 Billion – Stock symbol: ISRG

28. T-Mobile US

T-Mobile US logoSector: Communication Services – Industry: Wireless Telecommunication Services

T-Mobile US, more simply known as T-Mobile, is a wireless network operator providing wireless voice and data services and host network for multiple mobile virtual network operators. T-Mobile is the third-largest wireless carrier with more than 80 million customers in the US in 2019. Its majority shareholder is Deutsche Telekom, one of the largest German companies.

Website: t-mobile.com – Market Cap.: $ 73.1 Billion – Stock symbol: TMUS

27. CME Group

CME Group logoSector: Financials – Industry: Financial Exchanges & Data

CME Group Inc., standing for the Chicago Mercantile Exchange and Chicago Board of Trade, is a global markets company operating derivatives, options and futures exchanges in Chicago and New York City and providing settlement and clearing of exchange trades through CME Clearing. CME Group provides a wide range of financial products to manage risk and capture opportunities across all major asset classes through interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals.

Website: cmegroup.com – Market Cap.: $ 76.4 Billion – Stock symbol: CME

26. ADP

ADP logoSector: Information Technology – Industry: Internet Services & Infrastructure

Automatic Data Processing, Inc., commonly known as ADP, is a company providing human resources management software and cloud-based services. Through its technology platform, ADP provides solutions for HR, payroll, talent, time, tax and benefits administration, and it also delivers business outsourcing services, analytics, and compliance expertise.

Website: adp.com – Market Cap.: $ 77.3 Billion – Stock symbol: ADP

25. Intuit

Intuit logoSector: Information Technology – Industry: Application Software

Intuit Inc. is a software company specialized in financial, accounting, and tax preparation software and related services. It is especially famous for producing TurboTax, a consumer tax preparation application, QuickBooks, a small business accounting program, and operating Mint, a personal finance application, among others.

Website: intuit.com – Market Cap.: $ 77.9 Billion – Stock symbol: INTU

24. Booking Holdings

Booking Holdings logoSector: Consumer Discretionary – Industry: Internet & Direct Marketing Retail

Booking Holdings Inc. is a company that owns and operates several travel fare aggregators and travel fare metasearch engines for hotel rooms, rental cars, and airplane tickets. With websites in about 40 languages and 200 countries, it notably operates its flagship website Booking.com, but also Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable.

Website: bookingholdings.com – Market Cap.: $ 80.8 Billion – Stock symbol: BKNG

23. Fiserv

Fiserv logoSector: Information Technology – Industry: Data Processing & Outsourced Services

Fiserv Inc. is a company specialized in financial services technology. It provides data processing services primarily to financial institutions such as banks, thrifts, credit unions, securities broker-dealers, leasing and finance companies, as well as companies from a broad array of other industries.

Website: fiserv.com – Market Cap.: $ 82.9 Billion – Stock symbol: FISV

22. Mondelez International

Mondelez International logoSector: Consumer Staples – Industry: Packaged Foods & Meats

Mondelez International, Inc. is a multinational confectionery, food, and beverage company, primarily operating through the snack and food brands of Kraft Foods Inc.  It manufactures chocolate, cookies, biscuits, gum, confectionery, and powdered beverages which are commercialized under multiple brands including Belvita, Chips Ahoy!, Nabisco, Oreo, Ritz, Tuc, Triscuit, LU, Club Social, Barny and Peek Freans, Milka, Côte d’Or, Toblerone, Cadbury, Freia, Marabou, Fry’s, Lacta, Trident, Dentyne, Chiclets, Halls, Stride, Tate’s Bake Shop and Tang.

Website: mondelezinternational.com – Market Cap.: $ 84.5 Billion – Stock symbol: MDLZ

21. Gilead Sciences

Gilead Sciences logoSector: Health Care – Industry: Biotechnology

Gilead Sciences, Inc., is a pharmaceutical and biotechnology company focusing on antiviral drugs to treat HIV, hepatitis B, hepatitis C, and influenza, notably producing and commercializing the blockbuster drugs Harvoni and Sovald. Besides, Gilead conducts research to develop a pipeline of new drugs and treatments and it also considers the acquisition of other blockbuster drugs.

Website: gilead.com – Market Cap.: $ 90.2 Billion – Stock symbol: GILD

20. Qualcomm

Qualcomm logoSector: Information Technology – Industry: Semiconductors

Qualcomm Inc. is a multinational company providing semiconductors and telecommunications equipment. It develops and commercializes wireless telecommunications products and services, with subsidiaries specializing in certain areas of operations: Qualcomm CDMA Technologies sells Qualcomm’s products and services, Qualcomm Technology Licensing manages the patent licensing business, and Qualcomm Technologies, Inc. conducts Qualcomm’s R&D activities.

Website: qualcomm.com – Market Cap.: $ 99.6 Billion – Stock symbol: QCOM

19. Starbucks

Starbucks logoSector: Consumer Discretionary – Industry: Restaurants

Starbucks Corporation is a multinational coffee company and coffeehouse chain. It serves a range of hot and cold drinks, coffees, teas, fresh juices, and other beverages together with a selection of snacks, pre-packaged food items, hot and cold sandwiches, and drinkware. Starbucks has diversified in venues proposing alcoholic beverages in “Starbucks Evenings” locations, and coffee, ice-cream, and bottled drinks sold in grocery stores under the Starbucks brand.

Website: starbucks.com – Market Cap.: $ 99.8 Billion – Stock symbol: SBUX

18. Charter Communications

Charter Communications logoSector: Communication Services – Industry: Cable & Satellite

Charter Communications, Inc. is a telecommunications and mass media company. Operating under the Spectrum brand, Charter Communications is one of the largest cable operators, pay-TV operators and telephone providers in the United States.

Website: spectrum.com – Market Cap.: $ 110.3 Billion – Stock symbol: CHTR

17. Texas Instruments

Texas Instruments logoSector: Information Technology – Industry: Semiconductors

Texas Instruments Inc., also known as TI, is a company that produces semiconductors and integrated circuits. Tracing its origins to 1930, Texas Instruments is the world’s largest producer of analog technology components, providing analog chips and embedded processors, digital light processing technology and education technology products such as calculators, microcontrollers and multi-core processors.

Website: ti.com – Market Cap.: $ 120.0 Billion – Stock symbol: TXN

16. Broadcom

Broadcom logoSector: Information Technology – Industry: Semiconductors

Broadcom Inc. is a producer of semiconductors and infrastructure software solutions for data center, networking, software, broadband, wireless, and storage and industrial markets. It regroups multiple subsidiaries, including Avago Technologies, LSI, Broadcom Corporation, Brocade, and CA Technologies, which are industry leaders in their field.

Website: broadcom.com – Market Cap.: $ 126.3 Billion – Stock symbol: AVGO

15. Amgen

Amgen logoSector: Health Care – Industry: Biotechnology

Amgen Inc. is a multinational biotechnology and pharmaceutical company. It produces various drugs, including Neulasta, which prevents infections for patients undergoing cancer chemotherapy, Enbrel, a necrosis blocker for the treatment of autoimmune diseases. Focusing on molecular biology and biochemistry, Amgen aims at developing health care through recombinant DNA technology.

Website: amgen.com – Market Cap.: $ 135.5 Billion – Stock symbol: AMGN

14. Costco

Costco logoSector: Consumer Staples – Industry: Hypermarkets & Super Centers

Costco Wholesale Corporation, simply known as Costco, is a multinational company operating a chain of warehouse clubs. Costco sells a wide range of products including electronics, computers, furniture, outdoor living, appliances, jewelry and more in more than 750 warehouses in the US, Puerto Rico, Canada, Mexico, the UK, Japan, South Korea, Taiwan, Australia, Spain, Iceland, and France.

Website: costco.com – Market Cap.: $ 138.5 Billion – Stock symbol: COST

13. PayPal

PayPal logoSector: Information Technology – Industry: Data Processing & Outsourced Services

PayPal Holdings, Inc. is a company operating a worldwide online payment system. Providing an electronic alternative to traditional checks and money orders, Paypal helps online vendors and commercial users by supporting online money transfers in exchange for a fee. PayPal had its Initial Public Offering in 2002 before being acquired by eBay, which later separated from it in 2015.

Website: paypal.com – Market Cap.: $ 139.6 Billion – Stock symbol: PYPL

12. Netflix

Netflix logoSector: Communication Services – Industry: Movies & Entertainment

Netflix, Inc. is a company providing a video-on-demand service. Primarily operating in subscription-based streaming, Netflix offers a library of films and television programs for customers to choose and watch when they want. Originally selling and renting DVDs, Netflix has turned to online services thanks to the introduction of media streaming. This allowed it to expand internationally from 2010 and to foray in the content production industry.

Website: netflix.com – Market Cap.: $ 160.9 Billion – Stock symbol: NFLX

11. Nvidia

Nvidia logoSector: Information Technology – Industry: Semiconductors

Nvidia Corporation is a company developing graphics processing units – GPUs – for the gaming and professional markets, and “system on a chip” units – SoCs – for the mobile computing and automotive market. It operates the GeForce brand of GPUs, Tegra mobile processors and expanded in the gaming with the Shield brand of handled devices, tablets, and Android TV. Nvidia now also produces chips for supercomputers, especially powering artificial intelligence and scientific research applications.

Website: nvidia.com – Market Cap.: $ 163.8 Billion – Stock symbol: NVDA

10. Adobe

Adobe logoSector: Information Technology – Industry: Application Software

Adobe Inc. is a multinational computer software company originally focused on multimedia and creativity software products before expanding to digital marketing software. It is especially famous for its Adobe Flash web software ecosystem, Photoshop image editing software, Acrobat Reader, the Portable Document Format – PDF -, as well as Adobe Creative Suite and its successor Adobe Creative Cloud.

Website: adobe.com – Market Cap.: $ 178.6 Billion – Stock symbol: ADBE

9. PepsiCo

PepsiCo logoSector: Consumer Staples – Industry: Soft Drinks

PepsiCo, Inc. is a multinational food, snack, and beverage corporation. Tracing its origins to the creation of Pepsi-Cola in 1898, PepsiCo has become one the largest food and drink company through the acquisition and development of new brands and products. Its portfolio of brands includes Pepsi, Tropicana Products, Quaker Oats Company, and Gatorade.

Website: pepsico.com – Market Cap.: $ 202.7 Billion – Stock symbol: PEP

8. Comcast

Comcast logoSector: Communication Services – Industry: Cable & Satellite

Comcast Corporation is a telecommunications conglomerate. One of the leaders in the US and the world, Comcast operates in broadcasting and cable television, pay-TV, cable TV, home Internet service, and home telephone service. A producer of films and television programs through its subsidiaries NBCUniversal and Universal Pictures, Comcast is also involved in multiple other industries through subsidiaries, including residential cable with Xfinity, commercial services through Comcast Business, TV channels notably with NBC, Telemundo, MSNBC, CNBC, and Sky.

Website: corporate.comcast.com  – Market Cap.: $ 203.7 Billion – Stock symbol: CMCSA

7. Cisco

Cisco logoSector: Information Technology – Industry: Communications Equipment

Cisco Systems, Inc. is a multinational technology conglomerate developing, manufacturing and selling networking hardware, telecommunications equipment, and other high-technology services and products. Through its multiple subsidiaries, Cisco is also specializing in Internet-of-Things, domain security, and energy management.

Website: cisco.com – Market Cap.: $ 204.5 Billion – Stock symbol: CSCO

6. Intel

Intel logoSector: Information Technology – Industry: Semiconductors

Intel Corporation, commonly known as Intel, is a multinational corporation and technology company, especially involved in the production and sales of microprocessors and semiconductor chips powering personal computers. Intel also diversifies in other technologies, including cloud, Internet of Things, computer memory and 5G-connectivity.

Website: intel.com – Market Cap.: $ 281.3 Billion – Stock symbol: INTC

5. Facebook

Facebook logoSector: Communication Services – Industry: Interactive Media & Services

Facebook, Inc. is an online social media and social networking service. Originally limited to students, Facebook has gradually opened its services to anyone above 13 years old, reaching now more than 2 billion across the world. It can be accessed through any device connected to the internet and allows users to customize profiles, post text, photos and multimedia which is shared with their friends on Facebook. They can also join interest groups, receive messages and notifications, and use various other embedded applications.

Website: facebook.com – Market Cap.: $ 605.2 Billion – Stock symbol: FB

4. Alphabet

Alphabet logoSector: Communication Services – Industry: Interactive Media & Services

Alphabet Inc. is a multinational technology conglomerate, created from the corporate restructuring of Google, which is now its subsidiary together with several other services. The Google search engine, advertising business, and associated services are the largest part of Alphabet’s activities, with other subsidiaries including Calico (biotechnology), Chronicle (cybersecurity), DeepMind (artificial intelligence), GV (venture capital), CapitalG (private equity), X (R&D), Google Fiber (fiber internet services), Jigsaw (tech incubator), Makani (wind turbines), Sidewalk Labs (urban innovation), Verily (life sciences), Waymo (self-driving tech), Wing (drone-based delivery) and Loon (internet provider via stratospheric balloons).

Note that Alphabet is only listed once here but it has two types of stocks, with or without voting rights, listed on the Nasdaq, with tickers GOOG and GOOGL, which usually lead to two different entries in Nasdaq stocks lists.

Website: abc.xyz – Market Cap.: $ 1,017 Billion – Stock symbol: GOOG/GOOGL

3. Amazon

Amazon logoSector: Consumer Discretionary – Industry: Internet & Direct Marketing Retail

Amazon.com, Inc. is a multinational technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. It started as an online bookstore that later diversified to a wide array of products. Amazon has become the uncontested leader of e-commerce in the US, and after having expanded to many countries, it has also developed further into brick-and-mortar retail with the acquisition of Whole Foods Market, as well as publishing, electronics, cloud computing, video streaming, and production.

Website: amazon.com – Market Cap.: $ 1,035 Billion – Stock symbol: AMZN

2. Apple

Apple logoSector: Information Technology – Industry: Technology Hardware, Storage & Peripherals

Apple Inc. designs, manufactures and markets mobile phones and media devices, computers, notably the iPhone, iPad, Mac, iPod, Apple Watch and Apple TV. The company also conceives and sells a range of related software and services: the iPhone OS (iOS), OS X and watchOS operating systems, iCloud and Apple Pay. Apple also sells accessories, support offerings, and third-party digital content and applications.

Website: apple.com – Market Cap.: $ 1,400 Billion – Stock symbol: AAPL

1. Microsoft

Microsoft logoSector: Information Technology – Industry: Systems Software

Microsoft Corporation is a multinational technology company developing, manufacturing, licensing, supporting and selling computer software, most notably the Windows operating systems, the Microsoft Office suite, Internet Explorer and Edge web browsers. It is also involved in consumer electronics with the Xbox video game consoles, touchscreen personal computers with Microsoft Surface, and related services.

Website: microsoft.com – Market Cap.: $ 1,428 Billion – Stock symbol: MSFT

Summary: Top 10 companies in the Nasdaq index 2020

To give you a quick overview of the largest companies in the Nasdaq Composite index in 2020, here is a synthesizing image regrouping the information of the top 10. Note that you can use this image to embed it on your website and other digital properties using the embed code below.

Top 10 companies in the Nasdaq index 2020

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Here are the 30 largest companies in the Nasdaq. Do you think they are worth their market capitalization? Are their stocks a good investment right now? Do they have too much economic power… and maybe political power too?

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