8 mega cap stocks have carried markets in 2023. Here’s what comes next
The Rules of Investing

8 mega cap stocks have carried markets in 2023. Here’s what comes next

2023-06-09
Few of us would’ve predicted that by June the S&P would not only be positive, but up over 11%. On face value, a healthy market. But dig a little deeper, and it quickly becomes apparent that this performance has been carried by the big mega-cap tech stocks. Such is their performance, and the lack of performance by the rest of the index, that Apple, Microsoft, Alphabet and Nvidia now account for a third of the S&P500. This all begs the question: what next? Do these mega cap stocks sell off, does the rest of the market trade up, or will i...
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