- In a series of recent articles, I have covered the top 50 stocks in the large-cap S&P 500, the mid-cap S&P 400, and the small-cap S&P 600.
- Those three indices cover 1500 stocks, but there are still more than 2200 listed U.S. companies not represented in those indices.
- Some companies are outside of the S&P 1500 because they are small. Some large companies have not hit the S&P index criteria, including profitability measures.
- Among the outsized gainers in 3Q were alternative energy firms and biotech companies as about 2% of U.S.-listed stocks doubled in value on the quarter.
- By looking at the tails of the return distribution, I believe that we can gain greater insight into portfolio return drivers.
For further details see:
The Best Of The Rest: Top 50 Q3 Stocks Outside S&P 1500