The big five just crossed $6 trillion in market cap for the first time ever.
In the past I would point out that they’re now as large as the bottom 359 stocks in the S&P 500. But I’m not going to do that today.
In an effort to shake things up, perhaps a more effective way of showing their dominance is to compare them with the other mega cap stocks in the index.
The big five are equal to the next 24 largest S&P 500 stocks combined!
- Berkshire Hathaway
- Visa
- Johnson & Johnson
- Walmart
- Mastercard
- JPMorgan Chase
- Procter & Gamble
- UnitedHealth
- Home Depot
- Intel
- NVIDIA
- Verizon
- AT&T
- Bank of America
- Adobe
- Walt Disney
- Netflix
- PayPal
- Exxon Mobil
- Coca-Cola
- Merck
- Cisco
- Pfizer
- Pepsi
The big 5 are now 22% of the S&P 500, up from 10% only 5 years ago.
I don’t have much else to add beyond what’s already been written about nonstop over the past five years. All I can say is, just wow.
