18.4 C
London
Wednesday, May 29, 2024
HomeFinance NewsS&P 500 Excludes 8 Promising Stocks; You'll Regret Missing Out

S&P 500 Excludes 8 Promising Stocks; You’ll Regret Missing Out

Date:

Related stories

spot_img

Investors who focus solely on the S&P 500 may be missing out on significant returns from other large stocks. A recent analysis by Investor’s Business Daily found that eight companies outside of the S&P 500, including Dell Technologies, The Trade Desk, and Apollo Global Management, have outperformed the index by an average of over 40% this year. These companies, which all have market values of at least $30 billion and have posted profits in the past 12 months, are considered large and profitable. Their success highlights the potential gains that can be achieved from investing outside of the S&P 500.

One notable example is Dell Technologies, a global technology leader with a market value of $50 billion. Despite not being included in the S&P 500, Dell’s shares have surged over 74% this year, significantly outperforming the index. The company has also remained profitable, earning over $1.9 billion in net income in the past year. Another example is The Trade Desk, a well-regarded manager of online advertising that is expected to eventually join the S&P 500. Its shares have risen more than 67% in 2023, while it generated $129 million in net income in the past year. Additionally, companies in the financial sector, such as Apollo Global Management and KKR, have seen strong gains outside of the S&P 500 due to investors’ optimism about new investment opportunities.

While the S&P 500 captures most large U.S. stocks, some high-performing companies still fall through the cracks. The omission of these companies from the index can have a significant impact on investors’ portfolios. Therefore, diversifying beyond the S&P 500 and considering companies like Dell Technologies, The Trade Desk, and others can potentially lead to higher returns and capture opportunities that are not available within the index.

Source link

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here