FAANG Will Grow 16% In 2017 Outpacing S&P 500 Sales Growth

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Rupert Hargreaves
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Updated on

S&P 500 sales growth is rising but tech especially big tech AKA FAANGs still dominates. Research has shown that over the long-term most of the returns from the S&P 500 have been generated by a small number of companies, and recently the trend has only become more clear as tech giants come to dominate index returns. During the first quarter of 2016, Apple and Facebook accounted for more than 20% of the S&P 500’s gains and 50% of the 4.7% total gain in the year to April 18 came from just ten stocks, including Amazon and Alphabet. As Asset Management…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk