The article examines nine companies that could join the S&P 500, focusing on their market size, profitability, and eligibility as they await potential openings in the index.
Joining the S&P 500 is one of the clearest signs that a company has arrived. The index holds 500 of the largest US businesses, and because trillions of dollars sit in funds that track it, an addition forces those funds to buy the new member’s stock, a burst of built-in demand. Just as important, membership marks a company as an established blue chip, which can broaden its investor base and lower its cost of capital over time.
