Friday, August 28, 2020

The Big 8 of Stocks

 There are 8 massive stocks that dominate the stock market, as follows:

Big 8






Market Cap Market Cap
Rank Symbol Company 06/30/20 08/28/20
1 AAPL Apple Inc 1,563.0 2,138.0
2 MSFT Microsoft 1,541.0 1,732.0
3 AMZN Amazon 1,382.0 1,703.0
4 GOOG Alphabet 963.0 1,119.0
5 FB Facebook 647.2 836.4
6 BABA Alibaba 579.5 781.4
7 TCEHY Tencent 611.5 673.8
8 BRK Berkshire Hathaway 427.8 521.0










Honorable Mention




V VISA 412.7 459.0

TSLA Tesla 200.8 412.5

JNJ Johnson & Johnson 370.2 404.4

WMT Walmart 339.2 397.4

JPM JP Morgan Chase 286.7 313.0

VZ Verizon
245.2

NFLX Netflix
231.0

BAC Bank of America 205.8 227.8

XOM Exxon Mobil 189.1 172.1

CHL China Mobile
149.5

TM Toyota
133.9

RDS Royal Dutch Shell 131.4 117.8

WFC Wells Fargo 105.5 101.6

GE General Electric
57.9

These 8 stocks seem exempt from the "laws of physics".  Their price earnings ratios make no sense.  They keep going up because when the Fed engages in quantitative easing, there is excess cash floating around the system that goes into stocks.  Not all stocks - these stocks.  Would it make more sense to invest in these than bonds?

Disclaimer: This is not investment advice, I am just speculating.

Update: Proctor & Gamble (PG) has a market value of $345 billion, so it also deserves a slot on the honorable mention list.  
Samsung Electronics is listed on the Korean Stock Exchange, but it can be purchased OTC with the symbol SSNLF.  Its market value in USD is $324.7B.

Update 2:  Salesforce (CRM) will replace Exxon in the DJIA on Aug 31.  Salesforce has a market cap of $244.3, now much higher than Exxon.

Update 3: Nestle is listed on the Swiss Stock Exchange under the symbol NESN.  It can be purchased OTC in the US under the symbol NSRGY.  It has a market capitalization of about $344.6B which is higher than some of the other companies listed.

Update 4: Adobe (ADBE) stock was at 293.61 of Apr 3.  Its high was 528.49 on Aug 26, although it could break that any day now. So it is up exactly 80% from low to high.  It has a current market cap of about $253B.

Update 5: NVIDIA (NVDA) also deserves a mention.  It had a low of $196.40 on Mar 16, and a high of 573.86 on Sept 2, for an increase of 192%.  It has a current market value of about $311B.

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