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CoStar Group Is Joining the S&P 500. Is This the Right Time to Buy?

CoStar Group Is Joining the S&P 500. Is This the Right Time to Buy?

The S&P 500 is one of the most prestigious indexes in the stock market. It's comprised of 500 of the largest publicly traded companies and has become a benchmark for investing. In early September, S&P said was that real estate tech giant CoStar Group (NASDAQ: CSGP) would replace clothing company PVH Corp (NYSE: PVH).