In this article we are going to list the Top 5 S&P 500 Stocks By Index Weight. For a detailed coverage of this topic and a more comprehensive look, please head on over to the Top 25 S&P 500 Stocks By Index Weight.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, Federal Reserve has been creating trillions of dollars electronically to keep the interest rates near zero. We believe this will lead to inflation, which is why we are checking out this inflation play. We go through lists like 10 best gold stocks to buy to identify promising stocks. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s take a look at the top 5 S&P 500 stocks by index weight:
5. Alphabet Inc A (NASDAQ:GOOGL)
Total market cap (in billions of dollars): 1,668
Google has been the top search engine in the world for around 2 decades. Founded in 1998, the tech company has moved into other areas as well, such as providing cloud computing services.
Pixabay/Public Domain
4. Facebook (NASDAQ:FB)
Total market cap (in billions of dollars): 954.898
Facebook’s controversies may have increased in recent years, but that has not affected the performance of the company, and is easily among the top 25 S&P 500 stocks by index weight. The company currently has 2.85 billion monthly users, an astonishing figure to say the least.
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3. Amazon (NASDAQ:AMZN)
Total market cap (in billions of dollars): 1,707
Amazon recorded a bumper 2020 year as online sales soared during the pandemic, ensuring that Jeff Bezos tightened his grip on being the richest person in the world, allowing him to make purchases such as a $500 million yacht while barely making a dent in his fortune.
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2. Microsoft (NASDAQ:MSFT)
Total market cap (in billions of dollars): 1,957
Just shy of breaking the $2 trillion barrier, Microsoft is one of several tech companies to have experienced huge growth during the pandemic, which saw it record revenues of $143 billion in 2020 and net income of more than $44 billion. It was the most valuable company in the world back in 2018, and considering its current market cap, is providing Apple with stiff competition in an attempt to reclaim its throne.
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1. Apple (NASDAQ:AAPL)
Total market cap (in billions of dollars): 2,177
Easily topping the list of the top 25 S&P 500 stocks by index weight is the only company in the world with a market cap of more than $2 trillion. Apple, the brainchild of Steve Jobs, continues to grow at a rate defying even the most optimistic estimates. It is the largest technology company in the world by revenue as well, clocking in sales of $274 billion in 2020, mainly due to its high brand loyalty.
See also: 11 Fastest Growing S&P 500 Companies in America and 10 Most Popular Stocks Among Hedge Funds
