Readers who aren't visually challenged can see the above Excel spreadsheet, updating the 2019 EPS estimates for the Top 10 Stocks in the S&P 500.
What's interesting is that Tech as a sector - per the IBES Refinitiv data - is expecting -6.1% y/y earnings growth for Q1 '19, a lot of which could be Apple (NASDAQ:AAPL) since with the reconfigured Tech sector, Apple is now 20% of the sector by market cap, and the company is expecting -3% EPS growth for 2019, but Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) are all expecting positive y/y earnings growth, and in the case of Microsoft and Amazon, 15% and 39% y/y EPS growth respectively, which are well above "tech sector" growth.
The top 10 weightings in the S&P 500 now comprise 22.4% of the benchmark.
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Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.