Microsoft recreated itself years ago with its cloud entry and has held onto number 2 post in the S&P 500 Index. No more than 10% of growth stocks span more than 1 decade of outperformance. NASDAQ’s pretty girls did wax too expensive by 2000, but the nineties saw one helluva roll for tech and other growth stocks. Then, Internet and e-commerce paper like Alphabet, Facebook, Amazon, Alibaba plus Apple zipped to the moon, all now $500 billion market caps or better. Currently, Cisco is lowly slotted at 88 in the S&P 500 despite enormous free cash flow and share buyback potential.

Source: Forbes July 23, 2018 15:56 UTC