Yesterday we published an in-depth recap of asset class performance since the 2016 Presidential Election. One of the stats included in the report was the change in market cap experienced by the S&P 500 and its eleven sectors since last November’s election.As shown below, the S&P 500 has seen its market cap grow by $3.792 trillion since 11/8/16, leaving it with a total market cap of more than $23 trillion as of today.
In terms of sectors, Technology has grown by far the most with an increase in market cap of more than $1.5 trillion. The Financial sector has grown the second-most at only half that amount.
In terms of individual stocks, below is a list of the 35 S&P 500 stocks that have seen the biggest increases in market cap since last November’s Election. Six companies have seen growth of more than $100 billion! Apple (AAPL) has grown the most at $310 billion, followed by Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Facebook (FB), and Bank of America (BAC).