Largest Companies Traded on the New York Stock Exchange
The S&P 500 Index is down an incredible 45.52% year-to-date this year. The Financials within the index are down even more. The fall in stock prices have wiped out trillions of dollars in shareholder wealth. Last month the British Economist Fred Harrison, widely known as the “Prophet of Doom”, predicted that “”The massive contraction in demand caused by this ‘wealth effect’ will condemn the western economy to a decade-long depression,” and added that US$45 Trillion Global Wealth will be wiped-Out.
Considering the current situation in the equity markets world-wide, have you wondered how many companies that are listed on the New York Stock Exchange (NYSE) have market capitalization of more than $100B now? I did and ran the stock screener to find out.
Companies with Market Cap. of > $100B:
| Company | Ticker | Market Capitalization | Industry |
|---|---|---|---|
| BP plc (ADR) | BP | $128.0B | Oil & Gas - Integrated |
| Berkshire Hathaway Inc. | BRK.A | $139.4B | Insurance |
| China Mobile Ltd. (ADR) | CHL | $180.0B | Communications Services |
| Chevron Corporation | CVX | $133.2B | Oil & Gas - Integrated |
| General Electric Company | GE | $139.1B | Conglomerates |
| HSBC Holdings plc (ADR) | HBC | $114.2B | Banking |
| Johnson & Johnson | JNJ | $152.5B | Drugs |
| The Coca-Cola Company | KO | $101.7B | Beverages |
| Pfizer Inc. | PFE | $104.9B | Drugs |
| The Procter & Gamble Company | PG | $178.2B | Personal & Household Prods. |
| PetroChina Company Limited (ADR) | PTR | $136.4B | Oil & Gas - Integrated |
| Royal Dutch Shell plc (ADR) | RDS.A | $142.4B | Oil & Gas - Integrated |
| AT&T Inc. | T | $139.6B | Communications Services |
| TOTAL S.A. (ADR) | TOT | $108.1B | Oil & Gas - Integrated |
| Wal-Mart Stores, Inc. | WMT | $202.4B | Discount Retail |
| Exxon Mobil Corporation | XOM | $384.8B | Oil & Gas - Integrated |
Note: All data is based on Nov 21 closing prices.
Analysis:
- Only 16 companies in NYSE have market cap. of > $100B.
- USA leads the list with 10 companies.
- Due to high oil prices in the past six of the top integrated oil firms have made it to this list.
- Exxon Mobile (XOM) is the largest company with a market of $384.0 B.
- None of the US financials are in this list since their stocks have fallen dramatically in the past few months.
- HBC of UK is the only financial that seems to weathered this credit crisis better than others.
- CitiBank (C),which had a market cap. of $123.0 B, back in April and made it to Forbes’ “The Global 2000″ list, now has is worth only $20.0B.
- GE had a market cap of $330.0B in April compared to just $139.0B now.
- Johnson & Johnson (JNJ) is a major drugs maker with a multitude of products in its portfolio.
- As the current recession worsens, WalMart (WMT) will have higher revenue as folks look for cheaper products.
With about six weeks to go in 2008, it will be interesting to see how this list changes by the end of the year.
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