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Benzinga
Benzinga
Business
Rishabh Mishra

S&P 500 Is 'More Concentrated Than Ever:' Here's What $100K In Its Top 10 Stocks Since 2021 Would Be Worth Today

Kobeissi The Kobeissi Letter Nasdaq AAPL
Wall-street-shutter3

The S&P 500 has reached an unprecedented level of concentration, with the top 10 stocks driving 54% of its market cap gains since January 2021, according to the Kobeissi Letter.

What Happened: This means that out of a 70% total gain, would have come from just the top 10 companies, including giants like Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), and Nvidia Corp. (NASDAQ:NVDA).

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