FYI: Yesterday we published an in-depth recap of asset class performance since the 2016 Presidential Election. You can view the full report here if you’re interested. One of the stats included in the report was the change in market cap experienced by the S&P 500 and its eleven sectors since last November’s election. As shown below, the S&P 500 has seen its market cap grow by $3.792 trillion since 11/8/16, leaving it with a total market cap of more than $23 trillion as of today.
In terms of sectors, Technology has grown by far the most with an increase in market cap of more than $1.5 trillion. The Financial sector has grown the second-most at only half that amount.
In terms of individual stocks, below is a list of the 35 S&P 500 stocks that have seen the biggest increases in market cap since last November’s Election. Six companies have seen growth of more than $100 billion! Apple (AAPL) has grown the most at $310 billion, followed by Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Facebook (FB), and Bank of America (BAC).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/biggest-market-cap-gainers-since-the-2016-election/
