Concentration of market cap and net income deepening among top 5 S&P 500 companies
NVDA NVIDIA Corp
$229.28 -0.52%
View chart & analysis → - 1Michael Batnick showed that the combined market cap of the bottom 434 S&P 500 companies is equal to the top 5 companies.
- 2Michael Batnick noted that the TTM net income of the top 5 stocks is equal to the bottom 436 companies.
- 3Claude said 340 of the bottom S&P 500 companies would be needed to match the capital expenditure of the top 5 companies.
So what's the key point?
The top 5 companies are as large as the remaining 434 companies. This means money and profits are concentrated in a small number of companies.
Source MBI Deep Dives · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.