The Stock Market Will Look Completely Different by 2030. This Is the Stock I'm Buying Before It Does.
The S&P 500 has gained nearly 14.1% so far this year (as of Oct. 9). But much of the market's earnings growth remains concentrated in major technology companies. According to London Stock Exchange Group (LSEG), S&P 500 earnings are expected to grow around 31% year over year in the third quarter. The global financial markets data and infrastructure provider also expects technology sector and prominent artificial intelligence (AI) players such as Alphabet , Amazon , and Meta Platforms to account for roughly two-thirds of that earnings growth. Image source: Getty Images. Continue reading