11 Market Cap Leaders
0.85%April 18 | MyPlanIQ portfolio symbol P_37099
John Reeves of the Motley Fool notes that market cap leaders don't change that often.
While Apple has surged past ExxonMobil into the No. 1 positiony, the
crowning of a new market cap leader is far more unusual than you might
think.There have been 11 leaders since 1926 and I wondered whether these
companies would make for a good selection of stocks or is there a
gradual decline after hitting the heights.
Below are the 11 market cap leaders of the past 86 years:
Company | Industry | Current Market Cap ($B) |
Apple (AAPL) | Personal computers | $497 |
ExxonMobil (XOM) | Major integrated oil and gas | $410 |
Microsoft (MSFT) | Application software | $267 |
IBM (IBM) | Diversified computer systems | $233 |
Wal-Mart (WMT) |
Discount, variety stores | $204 |
General Electric (GE) | Diversified machinery | $200 |
AT&T (T) | Telecom services | $184 |
Cisco (CSCO) | Networking and communications | $106 |
Altria (MO) | Cigarettes | $62 |
DuPont (DD) | Chemicals | $47 |
General Motors (GM) | Auto manufacture | $41 |
List of companies from S&P Capital IQ. Industry and market cap info from Yahoo! Finance.
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