Alphabet ( GOOG) ( GOOGL ), Philip Morris International ( PM) and Mastercard ( MA) were among the least shorted S&P 500 ( SP500) stocks at December end.
Bets against communication services stocks fell in December compared to the end of November, with Charter Communications (CHTR) being the most shorted stock in the sector and Google-parent Alphabet (GOOG) taking the spot for the least shorted.
There are 11 stock market sectors, but only three beat the S&P 500 last year: communications, financials, and consumer discretionary. Even the technology sector underperformed the S&P 500 last year. In fact, only 148 S&P 500 components beat the index last year, meaning over 70% of components underperformed the index.
The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors continue to keep a close eye on rising Treasury yields, which heighten worries about valuations, particularly for some of the market's most highly valued names.
Over the past decade, the market capitalization for the Magnificent Seven has grown close to 800 percent. The rest of the S&P 500 has seen its market cap increase by about 150 percent.
Producer price data signals softer inflation, lifting Dow. Nasdaq, S&P 500 under pressure as Nvidia and Meta fall. CPI report looms for further insights.
The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.
The S&P 500’s communications services sector (NYSEARCA:XLC) is up nearly 31% in the last one year, outperforming the over 22% rise in the broader market. Alphabet was preceded by Walt Disney ...
Buckingham shared this breakdown of valuations as of Dec. 31 for the core TPS portfolio and companies of the Russell 3000 Index RUA and the S&P 500, as well as those indexes' value and growth subsets. The Russell 3000 Index is cap-weighted and designed to capture 98% of the U.S. market for publicly traded common stocks.
The S&P 500's 2.9% climb this week left it up 2% in January through Friday, according to FactSet data. The Invesco S&P 500 Equal Weight ETF RSP staged a larger 3.9% rally this week, for a year-to-date gain of 2.7%.
We recently compiled a list of the 10 Best Stocks to Invest in According to Billionaire Cliff Asness. In this article, we are going to take a look at where Alphabet Inc.
We recently compiled a list of the Blackrock’s 30 Most Important AI Stocks. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against the other AI stocks. In the third quarter of 2024,