The tech stock illuminati are getting too much credit

Mark Shelby Perry There's no denyingthat stock market returns have been dominated by an elite group of mega-cap tech stocks over the past few months. Whether or not those torrid returns are fully justified is another matter entirely. While so-calledFAAMG stocks — Facebook, Amazon, Apple, Microsoft and Google — make up 13% of S&P 500 market cap, they only account for6% of revenue and 10% of earnings, according to Goldman Sachs data. Because the group represents such a small portion of revenue...