While the tech megacaps continue to grow in importance in the major stock averages, the market-cap giants have actually had wildly divergent performance in 2021—and their prospects vary considerably for 2022. Apple (ticker: AAPL) remains the world’s most highly valued company, with a market capitalization just a smidgen shy of $3 trillion. Most of Apple’s performance was concentrated in the fourth quarter—the stock is up 27% since the end of October, a period in which the S&P 500 rallied a more modest 11%. Read More...
While the tech megacaps continue to grow in importance in the major stock averages, the market-cap giants have actually had wildly divergent performance in 2021—and their prospects vary considerably for 2022. Apple (ticker: AAPL) remains the world’s most highly valued company, with a market capitalization just a smidgen shy of $3 trillion. Most of Apple’s performance was concentrated in the fourth quarter—the stock is up 27% since the end of October, a period in which the S&P 500 rallied a more modest 11%.
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