Profit Is Concentrating In These Companies

2016-03-18 15_53_20-Microsoft Office Picture Manager“Corporate profits may have shrunk in 2015. But an elite group of U.S. companies found a way to grab a bigger piece of the smaller pie.” Today’s article highlights the fact that just 28 companies, led by Apple, “collectively hauled in more than half the total net income reported by U.S.-based companies in the Standard & Poor’s 500 last year” — a 46% decline “from the 52 S&P 500 companies that did so in 2014.” In addition to Apple, which 27 companies accounted for half the profit pie? And why does the author believe that this increasing concentration of profit is “a danger for investors”? CLICK HERE to find out.

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