Large-cap tech names have dragged averages higher, while technology as a whole ballooned to 36.6% of the S&P 500 index -- a historic high. Three companies -- Apple (NASDAQ: AAPL), NVIDIA (NASDAQ: NVDA) and Salesforce.com (NYSE: CRM) -- saw their share prices benefit the most during August. All of the S&P 500 winners in August -- including the three biggest leaders listed above -- have one thing in common: The companies all benefited from trends created by the pandemic like working from home and social distancing. Read More...
Is It Too Late to Buy the S&P 500’s 3 Best-Performing August Stocks?
Large-cap tech names have dragged averages higher, while technology as a whole ballooned to 36.6% of the S&P 500 index — a historic high. Three companies — Apple (NASDAQ: AAPL), NVIDIA (NASDAQ: NVDA) and Salesforce.com (NYSE: CRM) — saw their share prices benefit the most during August. All of the S&P 500 winners in August — including the three biggest leaders listed above — have one thing in common: The companies all benefited from trends created by the pandemic like working from home and social distancing.
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