LCID - Watch these six stocks next week for a Nasdaq 100 bounce

The Nasdaq 100 will have a new look on December 18 when Airbnb (NASDAQ:ABNB), Lucid Group (NASDAQ:LCID), Fortinet (NASDAQ:FTNT), Palo Alto Networks (NASDAQ:PANW) and Zscaler (NASDAQ:ZS) and Datadog (NASDAQ:DDOG) all make the jump to the highly-watched index as part of the annual reconstitution. Those six will replace CDW Corporation (NASDAQ:CDW), Fox Corporation (NASDAQ:FOXA), Cerner Corporation (NASDAQ:CERN), Check Point Software Technologies (NASDAQ:CHKP) Trip.com Group (NASDAQ:TCOM) and Incyte Corporation (NASDAQ:INCY). In general, inclusion on the Nasdaq 100 is seen improving liquidity for companies and providing a broader base of investor interest through index funds. Stocks getting the big callup have outperformed the market by an average of 1% from five days pre-announcement to post-index inclusion, according to Bloomberg analysis. They have also historically outperformed the S&P 500 Index over the following year. On a valuation basis, the six new Nasdaq 100 constituents are pricey, with only PANW showing a P/E ratio below

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Watch these six stocks next week for a Nasdaq 100 bounce