FAANG Will Grow 16% In 2017 Outpacing S&P 500 Sales Growth

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FAANG Will Grow 16% In 2017 Outpacing S&P 500 Sales Growth

S&P 500 sales growth is rising but tech especially big tech AKA FAANGs still dominates.

Research has shown that over the long-term most of the returns from the S&P 500 have been generated by a small number of companies, and recently the trend has only become more clear as tech giants come to dominate index returns. During the first quarter of 2016, Apple and Facebook accounted for more than 20% of the S&P 500’s gains and 50% of the 4.7% total gain in the year to April 18 came from just ten stocks, including Amazon and Alphabet.

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