NASDAQ Composite Index

As of March 2012, the NASDAQ Composite Index was close to 3,000, a level it first broke through in November 1999. The table below compares the top 10 companies of the composite in 1999 (when the trailing P/E ratio was 78) through the first part of March 2012 (trailing P/E of 23). The index peaked at 5,048.62 on March 10, 2000.

 

NASDAQ Composite Index  [10 largest companies]

1999  [% of total index]	2012  [% of total index]
Microsoft  [11.4%]	Apple  [11.2%]
Cisco Systems  [6.9%]	Microsoft  [6.0%]
Intel  [5.2%]	Google  [3.5%]
Oracle  [3.0]	Oracle  [3.3%]
MCI Worldcom  [2.8%]	Intel  [3.0%]
Dell  [2.5%]	Cisco Systems  [2.4%]
Sun Microsystems  [2.3%]	Qualcomm  [2.3%]
Qualcomm  [2.2%]	Amazon  [1.8%]
Yahoo  [2.1%]	Comcast  [1.4%]
Amgen  [1.2%]	Amgen  [1.3%]