Beyond The Magnificent Seven: Discovering Equity Opportunities In The S&P 493

The Bid by BlackRock740 FollowersFollow5ShareSavePlay(24min)CommentsSummaryWhen I look at the US equity market today, the top 10 stocks, as I think a lot of people know, are 40% of the index.I think there's obviously the opportunity of having your exposure in 10 stocks, but there's also the opportunity cost of not having enough exposure to these large, innovative $200 billion companies.If you take the Mag Seven out of the earnings growth, the S&P would have not grown earnings between 2023 and 2024.You think about the industrials space, for example, the ISM Manufacturing Index, which is a gauge of industrial activity in the United States, was below 50 for almost three years. J Studios/DigitalVision via Getty Images Transcript Ibrahim Kanan: The top 10 stocks, as I think a lot of people know, are 40% of the index. This is the most concentrated that the S&P has ever been. It's that simple.This article was written byThe Bid by BlackRock740 FollowersFollowOn The Bid podcast, BlackRock senior investors and strategists share their take on timely market insights. Hear from Richard Turnill, Rick Rieder and others as we discuss the most pressing questions on the minds of investors today.