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Tesla Storms the S&P 500. Here’s the Bull Case.
At the risk of immodesty, I’d like to announce that the five stocks with the most weight in my retirement account are up an average of 46% this year, without a stinker in the bunch. And just between us, I’m about to add a new high-momentum holding that’s the talk of Wall Street. Who knew investing through an S&P 500 index fund could turn me into such a market swashbuckler?
My standouts, of course, are tech’s Bunyanesque five: Apple (ticker: AAPL), Microsoft (MSFT), Amazon.com (AMZN), Alphabet (GOOGL), and Facebook (FB). The…