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1.Market Observations, 8.Was Sticky

7 June 2017 (AFR) – Growth investors should take a long, hard look at the US market

(7 June 2017, AFR, p24, by Sally Patten)

Key details (eg. market cap) about the 10 largest US stocks, and 10 Ausrtalian stocks.‘The figures – and the trend – are breathtaking. Last week shares of Amazon topped $US1000 for the first time after surging 33 per cent this year. The e-commerce behemoth is now capitalised at $US475 billion $630 billion), nearly double the value of America’s largest physical retail chain, Walmart.’ <snipped…>

‘But the breathtaking part doesn’t end there. The biggest five companies in the US are all technology-related.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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