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Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, comments on SPCX as it is set to be included in the Nasdaq 100 index via both QQQ and QQQM.
Roussin notes that the stock's weighting in the index will be less than 1 percent after the market closes.
Roussin previously reported on NVDA's $81.6 billion in revenue and 214% EPS growth following its latest earnings results. He has also commented that rebalancing GOOGL is reasonable, cautioning against selling shares over company concerns related to Alphabet's AI positioning. His remarks on SPCX follow these earlier analyses of large-cap tech stocks.