Over 100 foreign stocks(excluding Canadian stocks) trade on the NASDAQ market. Some of the foreign companies prefer this market over NYSE due to the its high focus on the technology industry. The table below lists the top 10 foreign ADRs based on market cap and traded on NASDAQ:
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Ireland-based Ryan Air Holdings operates the budget airline Ryan Air in Europe. Telecom services provider Vodafone (VOD) has a significant presence in emerging markets.Israel-based Teva Pharmaceutical Industries Ltd (TEVA) is the largest generic drug maker in the world. Baidu (BIDU) is the dominant Chinese search engine.Ericsson (ERIC) is one of the largest Swedish companies operating in the telecom sector.
Disclosure: No Positions