Apple, Google, Research In Motion Dominate the Nasdaq 100
May 11, 2008
Hickey and Walters (Bespoke) submit:
As of the close Thursday, the Nasdaq 100 index was up 15.19% since the March 10th bottom. A look at the impact of the stocks that make up the index shows that the gains have largely been concentrated in just three stocks — Apple (AAPL), Google (GOOG) and Research in Motion (RIMM).
As shown below, AAPL has been responsible for 35% of the gains in the index, GOOG 9.87% and RIMM 8.50%. Collectively, these three names have accounted for more than half of the gains in the index during the post-correction rally.
Apple, Google, Research In Motion Dominate the Nasdaq 100
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