Apple spearheads era of the mega-caps
Apple, Alphabet, Microsoft, and Amazon have between them gained $5.5 trillion of value since their March 2020 lows.
Zoom in: Apple alone has risen in value by an astonishing $1.85 trillion in just 433 trading sessions — an average increase of well over $4 billion per day.
- In just 118 days between May 6 and September 1 last year, Apple increased its valuation by $1 trillion.
- Before 2018, no company had ever even been worth $1 trillion. Now, Apple will be worth more than $3.3 trillion if it rises from its current level of $175 and hits Morgan Stanley analyst Katy Huberty's target of $200 per share.