tl;dr
UBS published the top contributors to the S&P 500 from about two years ago to today in its U.S. Equity Strategy report. Over the last two years, since January 2022, the S&P 500 EPS grew 10.6%, while multiples contracted -12.4%. The spread in returns between the Magnificent Seven (MSFT, AAPL, NV...
UBS published the top contributors to the S&P 500 from about two years ago to today in its U.S. Equity Strategy report.
Over the last two years, since January 2022, the S&P 500 EPS grew 10.6%, while multiples contracted -12.4%. The spread in returns between the Magnificent Seven (MSFT, AAPL, NVDA, AMZN, GOOGL, META, TSLA) and the rest of the market, as well as between growth and value, was small. Energy (XLE) and materials (XLB) gained a combined 25.8%.
These were the 20 largest contributors to the S&P 500 from Jan. 3, 2022, to date:
- NVIDIA (NVDA) - price return 58.2%, contribution 1.46%
- Microsoft (MSFT) - price return 11.8%, contribution 1.25%
- Apple (AAPL) - price return 7%, contribution 0.79%
- Eli Lilly (LLY) - price return 115.2%, contribution 0.73%
- Broadcom (AVGO) - price return 61.7%, contribution 0.52%
- Exxon Mobil (XOM) - price return 54.3%, contribution 0.42%
- Berkshire Hathaway (BRK.B) - price return 19.7%, contribution 0.33%
- Merck & Co. (MRK) - price return 35.8%, contribution 0.22%
- Visa (V) - price return 17.2%, contribution 0.22%
- General Electric (GE) - price return 62.9%, contribution 0.16%
- Mastercard (MA) - price return 13.4%, contribution 0.15%
- UnitedHealth Group (UNH) - price return 8.6%, contribution 0.14%
- Linde (LIN) - price return 26%, contribution 0.14%
- ConocoPhillips (COP) - price return 50.5%, contribution 0.13%
- Chevron (CVX) - price return 19.5%, contribution 0.13%
- Adobe (ADBE) - price return 12.3%, contribution 0.12%
- Marathon Petroleum (MPC) - price return 118.4%, contribution 0.11%
- Vertex Pharmaceuticals (VRTX) - price return 60.8%, contribution 0.11%
- Progressive (PGR) - price return 61.9%, contribution 0.11%
- Booking Holdings (BKNG) - price return 38.2%, contribution 0.10%
Monica L. Correa, SA News Editor
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company known for its software products such as Microsoft Windows, Office suite, and Internet Explorer. It also produces consumer electronics, personal computers, and related services, including the Xbox video game consoles and the Microsoft Surface lineup. As of the most recent data, the company has a market capitalization of $2.78 trillion, with a stock price of $405.53 per share. The stock has a relatively low beta of 0.272, indicating lower volatility compared to the overall market. Microsoft has a price-to-earnings ratio of 36.24, indicating that investors are willing to pay a premium for its earnings. The company has a strong return on equity of 29.35% and a healthy profit margin of 21.8%. Overall, market sentiment towards Microsoft is positive, with the company's strong financial metrics and diverse product offerings positioning it as a leader in the technology industry.
More about Apple Inc
Apple Inc. is the world's largest technology company by revenue, totaling $274.5 billion in 2020. As of January 2021, it is also the world's most valuable company. Apple is the fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook. The stock performance shows a current price of $198.52 with a 0.135% change. The market sentiment seems bullish, with a positive RSI of 32.24 and a positive Bollinger Bands indicator of 6.14. However, there is a potential risk associated with a negative Relative Strength Index (RSI) and a slight decrease in price. It's important to note that past market behavior is not always a reliable indicator of future performance.
More about NVIDIA Corporation
NVIDIA Corporation is a leading American multinational technology company in the manufacturing and semiconductors industry, with a market capitalization of $118.78 billion. The stock is currently trading at $63.27 with a 0.16% change, indicating stability in the short term. The company's price-to-earnings ratio stands at 7.6, suggesting that the stock may be undervalued relative to its earnings. Additionally, the Relative Strength Index (RSI) is at 18.18, indicating that the stock may be oversold. NVIDIA has a market sentiment of 0.421, reflecting a neutral sentiment among investors. The company's revenue is at $44.87 billion, with a net income of $641.23 million, resulting in a profit margin of 12.74%. Despite these positive metrics, it is important to note the potential risks associated with the stock and the semiconductor industry, as past performance is not always indicative of future results.
More about Amazon.com Inc
Amazon.com Inc is a leading multinational technology company with a strong focus on e-commerce, cloud computing, digital streaming, and artificial intelligence. As one of the Big Five companies in the U.S. information technology industry, it holds a significant position in the market. The company's market capitalization stands at $1.54 trillion, with a current stock price of $3,811.25. This represents a 1.91% increase in stock performance, reflecting a positive market sentiment. Despite its strong brand value and market influence, it is important to consider potential risks and uncertainties associated with its stock performance, given the volatile nature of the market. Past market behavior is not always a reliable indicator of future performance, and investors should carefully evaluate all factors before making investment decisions.
More about Alphabet Inc Class A
Alphabet Inc. Class A is a technology company with a market capitalization of $1,667.20 billion and a price-to-earnings ratio of 25.4. The stock has shown a 5.22% increase in the last quarter and a 23.34% increase in the last year. The Relative Strength Index (RSI) is currently at 0.225, indicating a neutral market sentiment. The stock's 50-day moving average is at $297.13, and the 200-day moving average is at $152.04. The stock has shown a bullish trend with a breakout above its previous resistance level. However, there are potential risks and uncertainties associated with the market, and past performance may not be indicative of future results.
More about Meta Platforms Inc.
Meta Platforms Inc. (formerly Facebook) is a technology company that develops products for connecting and sharing through various devices. The stock has a market cap of 858.898 billion and a P/E ratio of 29.5. The company's stock price has seen a 0% change in the last month and a 11.33% change in the last quarter. Year-to-date, the stock has seen a 48.97% change. The Relative Strength Index (RSI) is at 0.234, indicating a neutral sentiment. The stock has a 52-week high of 126.956 billion and a low of 372.82 billion. The Bollinger Bands show a standard deviation of 1.679, indicating low volatility. The stock is currently trading at 0.232 times its book value.
More about Tesla Inc
Key Financial Metrics:
- Market Cap: $760.68 billion
- Current Stock Price: $76.94
- Dividend Yield: 3.11%
- Price-to-Earnings Ratio: 30.28
- Price-to-Book Ratio: 0.112
- Revenue: $95.92 billion
- Net Income: $223.98 million
- Debt-to-Equity Ratio: -0.442
- Earnings per Share: $0.088
Stock Performance:
Tesla, Inc. had a market capitalization of $760.68 billion and a current stock price of $76.94. The company also had a dividend yield of 3.11% and a price-to-earnings ratio of 30.28. Despite a debt-to-equity ratio of -0.442, Tesla's revenue for 2020 was $95.92 billion, with a net income of $223.98 million and earnings per share of $0.088.
Market Sentiment:
Tesla, Inc. continues to be a major player in the electric vehicle and clean energy market, with high sales in the plug-in and battery electric passenger car segments. The company's subsidiary, Tesla Energy, is a significant installer of solar photovoltaic energy generation systems in the United States and a leading global supplier of battery energy storage systems. Despite strong sales and market presence, the company's financial metrics show potential risks, including a high price-to-earnings ratio and a negative debt-to-equity ratio, indicating the need for cautious analysis of the stock's performance.
More about Eli Lilly and Company
Eli Lilly and Company is a leading pharmaceutical company with a market cap of 567.21 billion. The stock is currently trading at $108.64, with a 4.37% increase over the last month. The company's price-to-earnings ratio stands at 35.62, indicating a relatively high valuation. With a market sentiment score of 0.155, investors are moderately positive about the company's future prospects. However, it's important to note that the stock has experienced a 5.5% decrease in the last week, indicating potential short-term volatility. Overall, Eli Lilly and Company's stock performance is showing potential signs of bullish trends, but investors should be cautious and closely monitor support and resistance levels in the near future.
More about Broadcom Inc
Broadcom Inc. is a leading manufacturer and global supplier of semiconductor and infrastructure software products, serving various markets including data center, networking, broadband, and wireless. With a market cap of over $35 billion and a stock price of $1062.75, the company has shown strong financial performance. However, the stock has seen a significant increase from $32.99 to $86.31, indicating a potential overvaluation. The Relative Strength Index (RSI) of 1.881 also suggests that the stock may be overbought. While the company's product offerings and market presence are strong, the stock's current performance may not be sustainable, and potential risks should be considered before making investment decisions.
More about Exxon Mobil Corp
Exxon Mobil Corp, a major player in the energy and transportation sector, has seen a steady performance in the petroleum refining industry. With a market cap of $395.36 billion and a P/E ratio of 9.82, the stock has shown resilience despite recent market volatility. The stock is currently trading at $85.82, with a 10.07% dividend yield, indicating a stable return for investors. However, the Relative Strength Index (RSI) is at 127.77, signaling a potential overbought condition. The stock has experienced a minor decline of 0.519%, suggesting a bearish trend in the short term. It is important to note that past performance is not always indicative of future results, and investors should be cautious of potential risks in the current market sentiment.
More about Merck & Company Inc
Merck & Co. is a leading pharmaceutical company with a market capitalization of $271.42 billion. The stock is currently trading at $59.51 per share, with a 2.88% dividend yield and a P/E ratio of 23.38. The company has a market sentiment score of 0.0777, indicating a neutral sentiment among investors. Merck & Co. has a total revenue of $59.31 billion, with a net income of $12.79 billion, resulting in a profit margin of 0.453. The company's current ratio is 0.067, suggesting potential liquidity concerns. Overall, the stock performance and market sentiment for Merck & Co. are relatively stable, but potential risks may arise from the company's liquidity position.
More about General Electric Company
General Electric Company (GE) is an American multinational conglomerate with a market capitalization of $133.13 billion. The stock is currently trading at $12.73 with a 0.32% increase. The Relative Strength Index (RSI) is at 76.89, indicating overbought conditions. The company operates in various segments including aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, and venture capital and finance. The stock has shown a bullish trend with a 1-year return of 1.939%. However, there are potential risks and uncertainties associated with the company's performance, as past market behavior is not always a reliable indicator of future performance.
More about Mastercard Inc
Mastercard Inc, a publicly traded company since 2006, operates in the trade and services sector, specifically in business services. With a market cap of $398.25 billion, the stock is currently trading at $449.44. Over the past year, the stock has shown a 2.28% increase, with a 11.47% return on equity. The company has a price-to-earnings ratio of 25.65 and a dividend yield of 0.449. Mastercard Inc has a strong market sentiment, with a positive stock performance and solid financial metrics.
More about UnitedHealth Group Incorporated
UnitedHealth Group Incorporated is a significant player in the healthcare and insurance industry, with a reported revenue of $257.1 billion in 2020. The company's focus on health care products and insurance services, particularly through its UnitedHealthcare division, has positioned it as a market leader. The stock performance has shown a steady increase, with a current price of $386.66. The market sentiment towards UnitedHealth Group is positive, with a strong bullish trend indicated by the stock's increase in value. However, it's important to note that past performance is not always indicative of future results, and potential risks and uncertainties should be considered in any investment decision.
More about Linde plc Ordinary Shares
Linde plc is the largest industrial gas company by market share and revenue, serving a wide range of industries including healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, electronics, and water treatment. The company's primary business is the manufacturing and distribution of atmospheric gases, as well as process gases. With a market cap of $206.91 billion, the stock is currently trading at $35.32 with a 52-week range of $4.995 to $66.15. The company's revenue stands at $32.45 billion, with a P/E ratio of 428.38 and a dividend yield of 0.256%. The stock's performance has shown a slight negative trend of -0.073, indicating some bearish sentiment in the market.
More about ConocoPhillips
ConocoPhillips is a major player in the energy and transportation sector, specifically in petroleum refining. With a market capitalization of $132.81 billion and a stock price of $12.18, the company has shown a 5.34% increase in its stock performance. However, the Relative Strength Index (RSI) of 50.87 suggests a neutral sentiment in the market. The company's revenue of $61.83 billion and earnings per share of $139.46 indicate a stable financial position. Despite these positive indicators, the stock has experienced a slight decrease of 0.346% in its performance, reflecting some uncertainty in the market. It's important to consider potential risks associated with investing in ConocoPhillips, as past performance does not guarantee future results.
More about Chevron Corp
Chevron Corporation is a multinational energy corporation with a strong presence in over 180 countries. The company is involved in various aspects of the oil and natural gas industries, including petroleum refining, marketing, and transportation, as well as chemicals manufacturing and sales, and power generation. With a market capitalization of $272.99 billion, Chevron's stock currently trades at a price-to-earnings ratio of 10.74 and a price-to-book ratio of 5.95. The stock has a 52-week high of $179.43 and a low of $107.56, with a current price of $126. Market sentiment for Chevron is currently negative, with a decrease in both earnings per share and book value per share by -0.398 and -0.182, respectively. As a technical analyst, it's important to consider the company's diverse operations and global footprint, while also monitoring the stock's performance and market sentiment to make informed investment decisions.
More about Adobe Systems Incorporated
Adobe Inc. is a well-established American multinational computer software company with a strong focus on content creation and publication. With millions of users worldwide, the company's flagship products include Photoshop, Adobe Illustrator, and Adobe Acrobat Reader. The company has expanded into digital marketing management software, indicating potential for growth in that area. The stock performance shows a current market capitalization of $288.51 billion, with a stock price of $623.36. The stock has shown a 0.26% change in price and a 0.103% change in volume, indicating some market activity. The market sentiment appears positive, with the stock being in a bullish trend. However, it's important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with investing in the stock.
More about Marathon Petroleum Corp
Marathon Petroleum Corporation, a company in the energy and transportation sector with a focus on petroleum refining, has shown a strong financial performance with a market capitalization of $54.4 billion and a stock price of $164.73. However, the stock has experienced a decline of 8.6% in the past month and a 10.3% decrease in the past year. This indicates a bearish trend in the market sentiment. The company's performance metrics, such as the Relative Strength Index (RSI) and Bollinger Bands, also suggest a potential downside risk. Investors should be cautious and consider the potential uncertainties associated with the stock's performance, as past market behavior is not always indicative of future performance.
More about Vertex Pharmaceuticals Inc
Vertex Pharmaceuticals Inc is a biopharmaceutical company with a market capitalization of $37.24 billion. The stock is currently trading at $372.41, with a 52-week range of $26.88 to $37.49. The company's revenue is $9.65 billion, with a net income margin of 35.9%. The stock has shown a bullish trend, with a Relative Strength Index (RSI) of 0.106, indicating strong buying momentum. However, it is important to note that past performance is not indicative of future results, and there may be potential risks associated with investing in the stock. Overall, the market sentiment for Vertex Pharmaceuticals Inc appears positive, but investors should consider the potential uncertainties in the market before making any investment decisions.
More about Progressive Corp
Progressive Corp, The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and provides home insurance through select companies. The company's financial data shows a market capitalization of $93.92 billion, a price-to-earnings ratio of 34.83, and a dividend yield of 4.61%. The stock is currently trading at $100.31, with a 52-week high of $169.93 and a low of $8.45. The market sentiment appears to be relatively neutral, with the stock trading at a moderate valuation and a low dividend yield. The stock performance and financial metrics suggest a stable but not overly bullish trend, with potential risks including market volatility and industry competition.
More about Booking Holdings Inc
Booking Holdings Inc. is an American travel technology company that owns and operates several travel fare aggregators and metasearch engines including Booking.com, Priceline.com, Agoda.com, Kayak.com, and others. The company has a market cap of $119.47 billion, with a stock price of $556.23. The stock has a 52-week range of $141.2 to $556.23, indicating a strong performance. However, the RSI of 24.25 suggests that the stock may be oversold, and the Bollinger Bands show that the stock is trading at the upper end of its range. This may indicate a potential reversal in the stock's trend. The market sentiment for Booking Holdings Inc. is currently bullish, but investors should be aware of the potential risks associated with the stock's current technical indicators.
Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.