SpaceX Joins the Nasdaq-100. Has the Index Become Too Risky to Track?
The Nasdaq-100 index has performed well in recent years, but many of its stocks are now trading at much higher valuations.
Overview
Investing in index funds has long been viewed as a safe way to invest in the stock market. They can give you broad exposure to a wide range of stocks and help you diversify. One of the most popular ones on the Nasdaq exchange is the Nasdaq-100, which includes the top 100 non-financial stocks.
But with Space Exploration Technologies Corp (NASDAQ: SPCX), also known as SpaceX, recently joining the index, is that still a good one to track?
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.