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Communication Services sector accounts for 9% of S&P 500 index with 22 companies. Sector forward p/e ratio is 18x. The disproportionately large Google and Meta occupy a big presence with a combined market cap of $3.5t.
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Did Warren Buffet really sell Apple because he doesn’t believe in the company anymore? My guess is that he is concerned about recession, current debt levels and potential tax increases.
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Communication Services sector accounts for 9% of S&P 500 index with 22 companies. Sector forward ...
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