Monday stock! An analysis from

2023-08-07

Monday stock!

An analysis from Zacks Investment Research came out earlier this week. which is very interesting to him Here's a summary for easy understanding.

1. The rise of the S&P500 index this time is not for all industries. The market leader, he calls "The Big 7 Tech," is Apple, Microsoft, Alphabet, Amazon, NVidia, Tesla and Meta.

2. These seven tech stocks account for 27.5% of the S&P500's market cap, with the earnings of these seven stocks combined accounting for 16.2% of all S&P500 corporate profits combined. shows that It is a highly influential group of stocks. Both in terms of size, business value and profitability.

3. Plus, the earnings of this Big 7 Tech stock are expected to grow from Q2/23 until 4/23 at +6.1%, +8.6% and +10.9% respectively, which means profits grow better than US GDP in the long term.

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