This is where the Dow would be this year without Apple and Microsoft $AAPL $MSFT (via TradingNation)
The two have amassed a collective $819 billion in market cap this year, leading theIf those gains were stripped from the Dow, the blue-chip index would be nearly 1,100 points lower than its current level, according to data compiled by CNBC last week., is betting on both to continue to outperform the market.
In Apple, for example, "we see this recent move higher as a breakout versus the market dating back to 2012 -- a six- to seven-year relative breakout that portends to additional leadership," said Wald. "Apple has also cleared its resistance from a 2018 peak so we have a rising trend, no signs of topping out."
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