There Are Now Over 10 Stocks in the S&P 500 Index With Market Caps Exceeding $1 Trillion. This Is the Best One to Own in a Bear Market. It's Not Remotely Close and the Stock Is on Sale.

The article argues that while more than ten S&P 500 names now exceed $1 trillion — many boosted by AI — Berkshire Hathaway stands out as a defensive, diversified safe-haven that should outperform in a bear market. The author highlights Berkshire’s durable operating businesses (insurance, energy, BNSF), a roughly $400 billion cash-and-short-term-investment hoard at Q1 2026, and steady earnings power versus high-valuation AI beneficiaries that could face larger drawdowns. Berkshire is described as “on sale” (trading below its five-year price-to-tangible-book average), making it an attractive hedge if markets turn risk-off. The piece is market commentary aimed at reallocating risk toward quality, cash-rich businesses ahead of a potential downturn.