If you lack just a handful of key stocks, you’re missing out on a sizable chunk of the S&P 500’s profit engine. Just seven stocks — including Apple ( AAPL ), Microsoft ( MSFT ) and surprisingly Exxon Mobil ( XOM ) — hauled in 25% of the S&P 500’s total adjusted net income in the just-completed fourth quarter of 2022, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith . Such concentration of profit might surprise investors. A rise in energy prices and interest rates has pushed up the profits of key S&P 500 companies in energy, technology and financial sectors . Many are now punching over their weight in terms of generating profit vs. their market value. "The earnings season hasn’t been terrible thus far, but by no stretch of the imagination has it been wonderful either," said Christine Short of Wall Street Horizon. Sizing Up S&P 500 Earnings Season, Exxon Mobil Style Most of the S&P 500 companies that matter have reported their fourth-quarter earnings. And the results are telling. So far, 343 S&P 500 companies, or nearly 70%, disclosed how the final quarter of the year went. Exxon Mobil […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
