Fab Five Fundamentals

1 - Record earnings every quarter

Wall Street analysts have increased estimates for Q3 and Q4 2025 and Q1 and Q2 2026. As a result, analysts now expect the S&P to post record earnings every quarter over the next year.

Data Trek: "Positive S&P 500 earnings revisions are very uncommon unless the US economy is coming out of a recession, so the Street’s recent bullishness on future index earnings is nothing short of remarkable."