Stock market winners list this year features odd bedfellows in 'FANG' and utility stocks [CNBC]
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Source: CNBC
Stock market winners list this year features odd bedfellows in 'FANG' and utility stocks show chapters Watch for these key levels on the S&P 500 3:47 PM ET Fri, 22 March 2019 | 04:07 The markets are never fully democratic or egalitarian in their allocation of rewards and burdens. But the stock market is again in a phase where inequality issues among stocks, sectors and investment styles have become stark. As in the broader society, this divide between haves and have-nots has triggered a debate about what it means for the long-term health of the market. Even before the indexes staggered Friday, with the S&P 500 dropping 1.8 percent from a five-month high, the performance across the expanse of the market had been uneven, with select groups of stocks leading and many others wallowing. The tape has shown a strong preference for very big companies over smaller ones, organic-growth vehicles over economically cyclical plays and groups offering a reliable stream of cash flow and income over
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