Market Minute February 2023

From December 31, 2017 through December 31, 2021, Apple, Microsoft, Alphabet, and Amazon massively outperformed the 91% cumulative return  of the S&P 500 Index. Since those four companies represented the largest weights in the Index during those years, they also contributed significantly  to the 17.6% average annual return over that four year period. The “worst” performer, Alphabet, almost doubled the index with a 177% cumulative  return. The best? Apple, with a 339% cumulative return. Microsoft increased 314% and Amazon 185%. The biggest and the best. 

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Posted on Thursday, February 2, 2023 @ 1:45 PM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.