Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap
by Aunche on Monday November 30, 2020 @09:28AM
(#25254038)
That theory doesn't make much sense. For example, surely Amazon has a lot more room to grow than Coca Cola.
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Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap
by Cthulhu_ on Monday November 30, 2020 @09:50AM
(#25254272)
I'm not sure; Coca Cola could start investing money and start buying up other food & drink brands.
I mean could you have imagined 10, 20 years ago that Disney would start to gobble up other companies like some weird Shoggoth monstrosity and multiply its stock value by 5-6 times?
Re:Five Biggest Stocks Are 23% of S&P 500 Market Cap
by unreal37 on Monday November 30, 2020 @10:14AM
(#25254546)
Coca-cola revenues have fallen 5% per year on average, for the past 5 years.
Of course, they're panicking over that. Of course they're trying to find growth. But they can't find it yet.
The fact is, they own so many brands in other beverage categories already. They own 500 beverage brands.