Barry Ritholz quotes Adam Parker at Morgan Stanley:
….88% of the S&P500 earnings growth for 2012 came from just 10 firms.
Makes you question whether earnings are sustainable — especially when the four biggest are Apple, AIG, Goldman Sachs, and Bank of America.
via 4 Companies Provided Half of SPX 2012 Earnings Growth | The Big Picture.
Filed under: Earnings & Dividends Tagged: AIG, Apple, Bank of America, earnings growth, Goldman Sachs, S&P500
