Apple represents 4% of the S&P 500. Again

Microsoft, GE, Exxon and Cisco have been to the 4% Club. This is Apple's 4th visit.

Published August 4, 2018, 7:30am ET · 1 min read

Microsoft, GE, Exxon and Cisco have also been to the 4% Club. This is Apple’s 4th visit.

 

From Phil Segner at the Leuthold Group ($) via Barron’s ($):

Even though [Apple’s] last three admittances lasted only one month each, no other previous 4% Club firm was able to revisit the magic threshold after falling out. Apple continues to outrun the grim reaper of capitalism with unprecedented vigor.

My take: Stop that metaphor!

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Steven M. Peters
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