FYI: We were looking through charts today and noticed that Exxon Mobil (XOM) is completely breaking down. The drop has taken XOM’s market cap down to $328 billion, which ranks it as the 8th largest stock in the S&P 500. Below is a look at the 45 largest stocks in the index. These are the only stocks in the index with market caps above $100 billion as well.
Ten years ago, XOM was by far the largest stock in the world. Since then it has been overtaken by Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Amazon.com (AMZN), Berkshire (BRK/B), and Johnson & Johnson (JNJ). Even JP Morgan is creeping up on Exxon — it’s just $4 billion away.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/45-100-billion-companies-in-the-sp-500/
