How Will Facebook, Apple, Amazon, Microsoft, and Google’s Stocks Do in a Recession?
Tech giants will weather the pandemic recession, but nothing lasts forever
Prior to the recent panic-ridden stock market sell-off spurred by COVID-19, there were four $1 trillion companies in the United States. These four tech giants — Apple, Amazon, Microsoft, and Alphabet (Google) — were the first companies to join the four-comma club, and two of them are still quite close:
But what makes their ascent even more remarkable is how it happened faster than the rest of the stock market.
For example, if you look at the share of the largest two, five, or 10 companies in the S&P 500 since 2010, you can see that this trend emerged quite recently:
Now, I understand that the biggest companies aren’t the same year to year, but if you look at the top 10 companies in the S&P 500 from 2010 to 2019, you may notice a pattern. (Note: The blue bars in the graph…
