How Long Can Mega-Cap Stocks Keep Fueling S&P 500 Rally?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stocks Analysis by Investing.com (Calogero Selvaggio) covering: S&P 500, Microsoft Corporation, iShares Core S&P 500 ETF, SPDR® S&P 500. Read Investing.com (Calogero Selvaggio)'s latest article on Investing.com

The coming months may naturally see the VIX move higher as uncertainty grows. However, one thing remains nearly certain: over the past decade, the tech sector has consistently driven stock market performance.

Since 2015, big tech companies have outperformed other stocks in the S&P 500 in terms of profits, with an average annual outperformance of 12.5%.Investors wonder whether the current tech boom will end badly. Goldman Sachs conducted a study comparing today's big tech companies with those of the dot-com bubble, and the findings suggest that today's tech giants are not as expensive when looking at metrics like the 2-year price-to-earnings ratio and enterprise value ratio.

This suggests that while there may be concerns about a tech bubble, the fundamentals of today's tech giants are stronger and more sustainable than those of the dot-com era. However, as with any investment, there are always risks to consider, and market dynamics can change.From a technical standpoint, one notable metric is the percentage of stocks trading above the 200-day moving average within the S&P 500 index.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This week’s most overbought stocks in the S&P 500 include several tech companiesCNBC Pro used FactSet data to screen for the most overbought and oversold names in the S&P 500 based on their 14-day relative strength index, or RSI.
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks dip as U.S. inflation looms, Alibaba leads tech losses By Investing.comAsian stocks dip as U.S. inflation looms, Alibaba leads tech losses
Source: Investingcom - 🏆 450. / 53 Read more »