The headline of this article says it all: Alphabet ( GOOG -2.71%) ( GOOGL -2.65%) stock is cheaper than the S&P 500 ( ^GSPC -1.71%) index. It might seem a bit odd that a dominant tech company would fall behind the valuation of a broad market index, but that is exactly what happened.
The Vanguard Communication Services exchange-traded fund (ETF) ( VOX -1.84%) is a simple, low-cost way to invest in the sector. With just a 0.09% expense ratio, or 90 cents for every $1,000 invested, the fund is an inexpensive way to mirror the performance of the communications sector.
Alphabet , Walmart and Philip Morris International were among the least shorted S&P 500 stocks at January end. As of Jan. 31, Alphabet Class C had a short interest
For the past two years, it has been hard to escape the Magnificent Seven, the big tech stocks that powered so much of the recent bull run that they now account for about a third of the S&P 500, an index that is weighted by market capitalization.
Big Tech stocks were mostly down Monday, with Facebook parent Meta Platforms Inc. seeing these sharpest losses in an exchange-traded fund that holds such companies. The Roundhill Magnificent Seven ETF,
The headline of this article says it all: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock is cheaper than the S&P 500 (SNPINDEX: ^GSPC) index. It might seem a bit odd that a dominant tech company ...