Investing
How the Top 10 US Companies Rank in the $1 Trillion Market Cap Race
Published:
Last Updated:
The quest for a U.S. company to reach $1 trillion in market capitalization continues. As of July 24, 2018, Apple was leading the charge to the $1 trillion market cap at $948 billion. What is amazing is that three other technology giants (Amazon, Alphabet and Microsoft) are all within striking distance of that $1 trillion market cap.
Note that no company has ever had a $1 trillion market cap. This is also at a time when the U.S. gross domestic product is almost $20 trillion.
24/7 Wall St. has reviewed the 10 highest valued U.S.-based companies based on market cap. After the four mentioned above, there is Facebook, Berkshire Hathaway, JPMorgan, Exxon Mobil, Johnson & Johnson and Visa. Unfortunately for the companies not in the top four, the difference in size is massive.
Here are the top 10 U.S. companies based on market capitalization and how their stock performance has been in 2018. We have already discussed how stock buybacks could interfere with the $1 trillion race. Only two of the top 10 U.S. companies were trading down so far in 2018, and six of them are members of the Dow Jones industrial average.
Apple Inc. (NASDAQ: AAPL) was at $948 billion, and shares were last seen up 13% so far in 2018.
Amazon.com Inc. (NASDAQ: AMZN) was at $890 billion, and shares were up 54% so far this year.
Alphabet Inc. (NASDAQ: GOOGL) was at $863 billion, and shares were up 15%.
Microsoft Corp. (NASDAQ: MSFT) was last seen at $833 billion, and shares were up 26%.
Facebook Inc. (NASDAQ: FB) was at $610 billion, and shares were up 20%.
Berkshire Hathaway Inc. (NYSE: BRK-A) was last seen at $499 billion, and shares were up only about 1% so far in 2018.
JPMorgan Chase & Co. (NYSE: JPM) was at $387 billion, and shares were up 6%.
Exxon Mobil Corp. (NYSE: XOM) was at $349 billion, and the oil giant’s shares were down by almost 3%.
Johnson & Johnson (NYSE: JNJ) was at $345 billion, and shares had a negative performance of almost 9% year to date.
Visa Inc. (NYSE: V) was last seen with a market cap of $313 billion, and shares were up about 23%.
Please note that every quote system may have slight variations for exact market capitalization rates, annual performance and other metrics using live and near-live data.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
