Connect with us

Hi, what are you looking for?

Trending News

TOP-5 Companies in the S&P 500 (SPX) and the 300 Cheapest in the Index Always Move in Different Directions – Investment Watch

by Usman Salis

And the share of the 5 largest companies is the highest ever in 2020.



Image Source: Twitter @LeutholdGroup

Image Source: Twitter @LeutholdGroup

The top 5 companies in the S&P 500 have nearly mirrored the stock prices of the 300 cheapest companies in the index for decades, according to The Leuthold Group Analysis.

S&P 500 Is Dominated by Giants

Among other things, the analysis also shows that at the moment the 5 largest companies account for almost 22% of the index, and the 10 largest companies occupy about 28%. It is the largest consolidation in history, surpassing even the heyday of the dot-com bubble.

Image Source: Twitter @LeutholdGroup

Image Source: Twitter @LeutholdGroup

The Nasdaq 100 has also been dominated by the giants. It is reported that 42% of the index’s capitalization is occupied by just 4 of the largest technology companies, Apple, Microsoft, Amazon and Alphabet.

The September Correction Slightly Shaken the Positions of the Largest Companies

In early September, the share of the largest companies in the S&P 500 Index was even higher, however, due to the past correction, the largest companies have lost a significant share of their capitalization.

 






Source link

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Trending News

via blogmaverick I wanted to get an understanding of what opening meant to businesses around Dallas. Were they opening? What precautions were they taking? Were...

Trending News

by Dr. Eowyn Washington State governor Jay Inslee is not only a rabid leftist (see “Washington Gov. Jay Inslee Signs Seven Anti Gun Bills...

Trending News

Canada Life has extended its segregated portfolio service (SPS) to a wider range of bonds. The SPS provides clients with access to an offering...

Trending News

by Tom Wigand Cross-posted from trevorloudon.com An ordained minister from Chicago. A former Black Panther. Supported by the Democrat Socialists of...