Think buying the most-valuable stock is a surefire way to beat the S&P 500? Reality didn't work out that way.
S&P 500 index components Meta Platforms, GE Aerospace and Goldman Sachs, along with Dick's Sporting Goods and Spotify Technology are in focus this week. The stock market rally had a mixed end to the week, after the S&P 500 briefly topped 5,500 for the first time. Among them, Spotify stock was highlighted this week in IBD's New America.
The aerospace company has a dominant market position and a runway for long-term growth, but it is priced at a premium.