Growth Stocks Drive 1st Half Results

| July 05, 2018
Share |

According to a research note from Goldman Sachs:

Growth stocks are highly represented among S&P 500’s top 10 return contributors [and] the top 10 stocks have contributed more than 100% of S&P 500’s YTD return. Amazon’s soaring 45% YTD return has contributed 36% of the index’s total return.

In summary for 2018 June YTD:

  • 36% of S&P 500 gains came from 1 stock: AMZN
  • 84% of S&P 500 gains came from 4 stocks: MSFT, AMZN, AAPL & NFLX
  • 122% of gains came from 10 stocks.
  • The other 490? Meh.

You really would have made out if you were long the above 10 grpwth stocks and short this basket of dividend paying stocks I highlighted earlier or ANYTHING related to China and Emerging Markets, which are now if bear market territory.

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

Share |