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Top 10 S&P 500 Stocks by Index Weight

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The S&P 500 is a stock market growth index, which is something like a litmus test for the American economy. It is now the famous registered trademark of the S&P Dow Jones Indexes. According to it, the income and performance of an index mainly depend on the largest stocks it contains.

This review provides an analysis of the 10 largest components of the S&P 500, with shares accounting for about 28% of the market value as quoted by the S&P Dow Jones. You can find more information at Coinspeaker that is a news platform about finance, stocks, technologies, cryptocurrencies, etc.

#1 – Apple Inc. 

  • Index weight: 6.2%
  • Market Cap ($ billion): 2,288.0
  • Revenue (billion dollars) (Q4): 347.2
  • Net income ($ billion) (Q4): 86.8

Apple is a major manufacturer of hardware and software, primarily for the consumer market.

#2 – Microsoft

  • Index weight: 5.8%
  • Market Cap ($ billion): 2,145.8
  • Revenue ($ billion) (Q4): 168.1
  • Net income ($ billion) (Q4): 61.3

Microsoft is one of the largest multinational companies producing proprietary software for various kinds of computing equipment.

#3 – Amazon.com, Inc.

  • Index weight: 3.8%
  • Market Cap ($ billion): 1,426.5
  • Revenue (billion dollars) (Q4): 443.3
  • Net income ($ billion) (Q4): 29.4

Amazon is the world’s largest e-commerce and public cloud platform in terms of revenue and market capitalization.

#4 – Facebook, Inc.

  • Index weight: 2.3%
  • Market Cap ($ billion): 853.7
  • Revenue ($ billion) (Q4): 104.8
  • Net income ($ billion) (Q4): 39.0

Facebook operates the largest and most dominant social media platform in the world.

#5 – Alphabet Inc., Class A 

  • Index weight: 2.2%
  • Market Cap ($ billion): 810.4
  • Revenue (billion dollars) (Q4): 220.3
  • Net income ($ billion) (Q4): 62.9

Alphabet is a holding that owns several companies previously owned by Google Inc., including Google Inc. itself.

#6 – Alphabet Inc., Class C

  • Index weight: 2.1%
  • Market Cap ($ billion): 770.1
  • Revenue (billion dollars) (Q4): 220.3
  • Net income ($ billion) (Q4): 62.9

Alphabet Inc., class C shares are non-voting shares, which means they do not give the owner the right to vote by proxy.

#7 – Tesla, Inc.

  • Index weight: 1.4%
  • Market Cap ($ billion): 529.6
  • Revenue ($ billion) (Q4): 41.9
  • Net income ($ billion) (Q4): 2.2

Tesla is an American company specializing in the production of electric vehicles and the development of new technologies for energy storage.

#8 – Berkshire Hathaway Inc.

  • Index weight: 1.4%
  • Market Cap ($ billion): 527.5
  • Revenue (billion dollars) (Q4): 365.2
  • Net income ($ billion) (Q4): 105.8

Berkshire Hathaway is an investment, insurance, and reinsurance business. Berkshire currently owns many companies across a variety of industries.

#9 – Nvidia Corporation

  • Index weight: 1.3%
  • Market Cap ($ billion): 485.9
  • Revenue ($ billion) (Q4): 19.3
  • Net income ($ billion) (Q4): 5.3

Nvidia is a company that designs and manufactures GPUs. The company’s shares are skyrocketing thanks to crypto mining, which requires powerful graphics cards.

#10 – JPMorgan Chase & Co.

  • Index weight: 1.2%
  • Market Cap ($ billion): 459.5
  • Revenue ($ billion) (Q4): 121.1
  • Net income ($ billion) (Q4): 47.8

JPMorgan Chase & Co is an American financial holding company formed as a result of the merger of several large US banks.