The S & P 500 index measures the performance of 500 of the largest publicly traded companies on stock exchanges in the U.S. These companies span 11 different market sectors, representing the various industries powering the U.S. economy. The S & P 500, a key benchmark for U.S. equities more broadly, has an overall market value of $37.28 trillion, according to FactSet. In building out Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club , Jim and his analysts have strived for diversification across sectors and industries. They tend to focus on the stocks of profitable and industry-leading companies that are run by management teams with a history of returning cash to shareholders. Here’s a breakdown of each sector by its weighting in the market, the industries that comprise them and the Club companies in each. (All of the S & P 500 and sector data was compiled from FactSet as of the market close on Sept. 12). 1. Information Technology Sector market weight: 27.53% Market cap: $10.26 trillion YTD performance: up 39.8% Industries: Communications equipment; electronic equipment, instruments & components; IT services; semiconductors & semiconductor equipment; software; technology hardware, storage & peripherals. .GSPT YTD mountain S & P 500 Information Technology Sector YTD performance Club stocks in the Information Technology sector: Apple (AAPL): The iPhone maker, which briefly reached a historic $3 trillion market capitalization earlier this year, is on track to deliver $100 billion in annual services revenue for its fiscal year 2024 — “a jaw-dropping trajectory,” according to Wedbush Securities, given it delivered roughly $50 billion in fiscal year 2020. Apple is one of just two companies in the Club portfolio whose stock is earmarked as “own it, don’t trade it” by Jim, and its fiscal third-quarter results last month gave us great confidence in reaffirming that view. The stock has advanced roughly 35% year to date. Microsoft (MSFT): The…
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