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Top 25 Stocks in the S&P 500 by Index Weight Right Now

In this piece, we will take a look at the top 25 stocks in the S&P 500 by index weight right now. If you want to skip our coverage of the flagship stock index and some recent news for its biggest constituents then you can skip ahead to Top 10 Stocks in the S&P 500 by Index Weight Right Now.

The S&P 500 plays a crucial role in the U.S. economy, politics, and the finance industry. This is because it is one of the most widely followed barometer of the economy, with investors and finance professionals using its data to inform their daily decision making. For politicians, a rising index means that they can boast to voters for having managed the economy well. For finance professionals, they can rest easy knowing that the pricey bets that they might have made on the stock market are doing well.

When compared to other indexes, the S&P 500, managed by S&P Global Inc. (NYSE:SPGI), is particularly important because of the stringent conditions that a firm must meet to be included in it. For starters, only sizeable large cap stocks, or those with a market capitalization greater than $18 billion can be included in the index. These large cap stocks must also be highly liquid, generate most of their revenue in America, and of course, be profitable. These criteria remove most firms that might not do well financially, and as a result, the S&P is also recommended as a great passive investment.

Shifting to its performance, 2024 has been a fireworks filled year for the S&P 500. The index is up by 6.9% year to date, after it also crossed the illustrious 5,000 point mark for the first time in its history. In fact, year to March 28, 2024 the index had marked 11% in gains, but it ended up losing these after the inflation data for the month led to investors significantly revising their Federal Reserve interest rate cut expectations for 2024.

In April, while the index did end up revaluing itself in the wake of shifting rate cut paradigms, the first quarter of 2024 earnings season marked by Wall Street’s enduring focus on artificial intelligence seems to have injected some life into it. The season, at least as far as artificial intelligence and technology stocks are concerned, started by Meta Platforms, Inc. (NASDAQ:META) sharing its latest financial performance on April 24th. Meta’s results led to tens of billions of dollars in market value being wiped out as investors didn’t take too well to $40 billion in AI spending for 2024 at a time when expenses were growing. These were followed by results from Alphabet Inc. (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT), which were more favorably received. If anything, the latest earnings reports have at least stopped the S&P 500 from bleeding further losses, and right now, Wall Street is focused on the Federal Reserve’s meeting at the end of April.

While this meeting is not expected to yield a rate cut, the focus, as always, is on comments made by the Fed after its meetings. These comments help set the tone for future monetary policy actions, and traders will also focus on earnings from Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) to see whether there’s any juice left for more growth. Google parent Alphabet’s earnings came with a nice surprise for investors in the form of a dividend, and Wall Street is now focused on whether Amazon will follow suit.

However, while the economic picture on the surface might point to fewer Fed interest rate cuts, the S&P 500 might surprise by posting gains if the central bank overshoots market expectations or considers economic weakness more strongly than expected. Just what might force the Fed to swing the other way despite hot inflation and labor costs? Olivia Micklem of Artemis Investment has some insights:

Obviously we can see with the data that’s been coming through in recent weeks that inflation continues to run hotter than we would have liked to see at this point in the year. That being said, alongside that we are starting to see pockets of weakness in the economy whether that’s parts of the consumer economy and other parts of the industrial complex. We got some softer number out of some of the trucking companies last week, for example. So there are indications that some parts of the economy are slowing down. I think we still remain you know cautiously optimistic that there could be an opportunity as we move through the year for the Fed to stay on track with some of their plans to start bringing rates down.

So, with the S&P 500’s future remaining as dynamic as ever, we decided to look at which stocks have been assigned the highest weights by its managers. A few notable ones are Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA).

Our Methodology

For our list of the top S&P 500 stocks by weight, we used the holdings of the SPDR S&P 500 ETF Trust (SPY) as a proxy and verified the data by the S&P’s limited publicly available information about the S&P 500’s top ten stocks.

Top 25 Stocks in the S&P 500 by Index Weight Right Now

25. Bank of America Corporation (NYSE:BAC)

ETF Weight: 0.6%

Bank of America Corporation (NYSE:BAC) is one of the biggest banks in America. April 2024 was an important month for the bank, after shareholders rejected a proposal to split its  CEO and Chairman roles. Along with Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), it is a top S&P 500 stock by weight.

24. Advanced Micro Devices, Inc. (NASDAQ:AMD)

ETF Weight: 0.6%

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor designer that sells CPUs and GPUs. It’s one of the strongest rated stocks on our list of the S&P 500’s biggest stocks as the shares are rated Strong Buy on average. The average share price target is $178.80.

23. Salesforce, Inc. (NYSE:CRM)

ETF Weight: 0.62%

Salesforce, Inc. (NYSE:CRM) is a technology company that provides businesses with a software platform to work with their customers. With the AI race going on in full swing, the firm cautioned in April 2024 about the need to ensure that the shift to AI does not impact the environment.

22. AbbVie Inc. (NYSE:ABBV)

ETF Weight: 0.66%

AbbVie Inc. (NYSE:ABBV) is a healthcare company headquartered in North Chicago, Illinois. The firm has been doing well on the financial front as of late since it has beaten analyst EPS estimates in all four of its latest quarters.

21. Chevron Corporation (NYSE:CVX)

ETF Weight: 0.67%

Chevron Corporation (NYSE:CVX) is one of the biggest oil companies in the world. The firm found itself in a bit of hot water in April 2024, when a House committee report blamed it for misleading the public about climate change.

20. Costco Wholesale Corporation (NASDAQ:COST)

ETF Weight: 0.75%

Costco Wholesale Corporation (NASDAQ:COST) is an American discount store retailer. Its shares are rated Buy on average, and the average analyst share price target is $782.40.

19. Merck & Co., Inc. (NYSE:MRK)

ETF Weight: 0.76%

Merck & Co., Inc. (NYSE:MRK) is one of the biggest healthcare and pharmaceutical companies in the world. The firm was out with a crucial set of research results in April 2024 when it revealed that its pneumonia vaccine stood its ground against alternatives.

18. The Home Depot, Inc. (NYSE:HD)

ETF Weight: 0.78%

The Home Depot, Inc. (NYSE:HD) is an American home improvement products retailer. Ahead of its earnings report in mid May, the stock could use some good news as the shares are down by 3% year to date.

17. Johnson & Johnson (NYSE:JNJ)

ETF Weight: 0.82%

Johnson & Johnson (NYSE:JNJ) is a healthcare, pharmaceutical, and personal care products provider. The firm faced a setback in April 2024 when it lost a court battle to stop the government from forcing it to negotiate its blood thickening medicine.

16. Mastercard Incorporated (NYSE:MA)

ETF Weight: 0.87%

Mastercard Incorporated (NYSE:MA) is a payments network provider that enables users to make payments directly from their bank accounts. The shares are rated Strong Buy on average, and the average analyst share price target is $478.57.

15. The Procter & Gamble Company (NYSE:PG)

ETF Weight: 0.88%

The Procter & Gamble Company (NYSE:PG) is one of the biggest consumer goods companies in the world. It was out with a major announcement in April 2024, when it revealed a partnership with chemical giant Dow to find a way to recycle plastic waste.

14. Visa Inc. (NYSE:V)

ETF Weight: 1%

Visa Inc. (NYSE:V) is another payments network company. Like Visa Inc. (NYSE:V), its shares are also rated Strong Buy on average. The average share price target is $287.10.

13. UnitedHealth Group Incorporated (NYSE:UNH)

ETF Weight: 1.05%

UnitedHealth Group Incorporated (NYSE:UNH) is America’s largest healthcare benefits and coverage plan provider. The saga of its systems being hacked in February 2024 is refusing to die down, with the latest bit on this front seeing Senator Elizabeth Warren (D-MA) questioning the US Cybersecurity and Infrastructure Security Agency for its role during the breach.

12. Exxon Mobil Corporation (NYSE:XOM)

ETF Weight: 1.10%

Exxon Mobil Corporation (NYSE:XOM) is another US oil major. The firm is currently dealing with pipeline maintenance plans in Guayana and has shut down some operations to connect a gas pipeline.

11. Tesla, Inc. (NASDAQ:TSLA)

ETF Weight: 1.25%

Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure play electric car manufacturer. After a year of disappointing performance, the shares soared in April 2024 when it was reported that Tesla had made inroads in China with its driver assistance technologies.

Apple Inc. (NASDAQ:AAPL), Tesla, Inc. (NASDAQ:TSLA), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA) are some top S&P 500 stocks by weight.

Click here to continue reading and see Top 10 Stocks in the S&P 500 by Index Weight Right Now.

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Disclosure: None. Top 25 Stocks in the S&P 500 by Index Weight Right Now is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…