{"id":8825,"date":"2019-03-31T20:44:06","date_gmt":"2019-03-31T20:44:06","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=8825"},"modified":"2019-04-05T17:03:50","modified_gmt":"2019-04-05T17:03:50","slug":"earnings-updates-for-top-10-stocks-in-sp-500","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=8825","title":{"rendered":"Earnings Updates for Top 10 Stocks in SP 500"},"content":{"rendered":"<figure id=\"attachment_8827\" aria-describedby=\"caption-attachment-8827\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/fundamentalis.com\/?attachment_id=8827\" rel=\"attachment wp-att-8827\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-8827\" src=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/top10SP500wts33119-300x152.png\" alt=\"\" width=\"300\" height=\"152\" srcset=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/top10SP500wts33119-300x152.png 300w, https:\/\/fundamentalis.com\/wp-content\/uploads\/top10SP500wts33119-768x389.png 768w, https:\/\/fundamentalis.com\/wp-content\/uploads\/top10SP500wts33119-1024x518.png 1024w, https:\/\/fundamentalis.com\/wp-content\/uploads\/top10SP500wts33119.png 1354w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-8827\" class=\"wp-caption-text\">Click to enhance \/ enlarge<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Readers who aren&#8217;t visually-challenged can see the above Excel spreadsheet, updating the 2019 EPS estimates for the Top 10 Stocks in the Sp 500.<\/p>\n<p>Visa (V) has now joined the Top 10, while Bank of America (BAC) has fallen to 12th place in the SP 500 and Procter &amp; Gamble (PG) has climbed to 11th place.<\/p>\n<p>What&#8217;s interesting is that Tech as a sector &#8211; per the IBES Refinitiv data &#8211; is expecting -6.1% y\/y earnings growth for Q1 &#8217;19, a lot of which could be Apple (AAPL) since with the reconfigured Tech sector, Apple is now 20% of the sector by market cap, and Apple is expecting -3% EPS growth for 2019, but Microsoft (MSFT), Amazon (AMZN) and Facebook (FB) are all expecting positive y\/y earnings growth and in the case of Microsoft and Amazon, 15% and 39% y\/y EPS growth respectively, i.e. well above &#8220;tech sector&#8221; growth.<\/p>\n<p>Also, what is interesting is that Exxon (XOM) now has a larger market cap than JP Morgan (JPM), not by much, but it tells you how far Financials have sunk the last 15 months.<\/p>\n<p>The top 10 weightings in the SP 500 now comprise 22.4% of the benchmark.<\/p>\n<p>Thanks for reading.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Readers who aren&#8217;t visually-challenged can see the above Excel spreadsheet, updating the 2019 EPS estimates for the Top 10&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[213,223],"tags":[],"class_list":["post-8825","post","type-post","status-publish","format-standard","hentry","category-2019-sp-500-earnings","category-top-10-earnings-weights"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/8825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8825"}],"version-history":[{"count":4,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/8825\/revisions"}],"predecessor-version":[{"id":8837,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/8825\/revisions\/8837"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}