This stock market is like a beauty contest where the recognizable names get all the attention. So far this year Apple, Google, and Microsoft account for about a third of the return for the S&P 500. Worse yet, Apple, Google, Microsoft, Facebook and Amazon account for about two-thirds of the return for the S&P 500. And how about all the attention from Wall Street? According to Bloomberg the number of analyst recommendations on each of these five stocks is: Apple 51, Google 50, Microsoft 37, Facebook 53, and Amazon 42. The rest of the stocks in the S&P 500 have an average of only 23 analyst recommendations. That’s a lot of attention on just five companies.
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Tacoma Politicians Use Loophole to Target Gun Owners - November 21, 2019
- Where You Won’t Find Liz Warren - November 20, 2019
Charging Stations in Public Places Could Be Loaded with Malware- November 19, 2019