Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) have jockeyed for the lead as America’s most valuable company, each with a market cap of about $550 billion. One tech giant vs. another. A look at the top 20 American public corporations reveals several other close comparisons
One note is that the top five positions on the market cap table are tech companies, and have left large energy companies behind. After Apple and Alphabet are Microsoft (NASDAQ: MSFT) at $435 billion, Facebook (NASDAQ: FB) at $364 billion, and Amazon (NASDAQ: AMZN) at $360 billion.
All five companies are trying to play in at least one of the others’ backyards. Microsoft, Amazon, and Google are among the cloud computing leaders. Amazon and Apple continue to fight each other for dominance in the streaming media market. Microsoft, Apple, and Alphabet are all in the mobile OS market. The only company on the list without a significant challenger is Facebook, one of the reasons its market cap is so high.
Exxon Mobile (NYSE: XOM) is tied with Amazon in market cap, at $360 billion. Chevron (NYSE: CVX) is also on the list at $191 billion. Big oil has not been entirely kicked off the list
Walmart (NYSE: WMT) is on the list at $217 billion. Investors in rival Amazon and Walmart cannot help noting how far bricks and mortars have fallen behind e-commerce. Walmart is trying to catch up, piecemeal, most recently with its $3 billion buyout of Jet.com.
Two major banks are on the list, with market caps fairly close to one another. JPMorgan (NYSE: JPM) at $240 billion and Wells Fargo (NYSE: WFC) at $245 billion.
And, finally the two largest phone companies and wireless providers in the U.S. AT&T (NYSE: T) at $244 billion, and Verizon (NYSE: VZ) at $211 billion
(Notably, no car companies are on the list, a departure from decades ago
Top 20 market cap companies, courtesy of The Online Investor
Large Cap Company                      Ticker   Market Cap
($in billions)
Apple Inc                                         AAPL     555.71
Alphabet Inc                               GOOGL    541.90
Alphabet Inc                               GOOG     522.09
Microsoft Corporation                  MSFT     438.02
Facebook Inc                                  FB       364.99
Amazon.com Inc.                         AMZN     360.36
Exxon Mobil Corp.                      XOM      360.10
Johnson & Johnson                    JNJ      323.46
General Electric Co                     GE       269.82
Wells Fargo & Co.                       WFC      245.82
AT&T Inc                                      T        244.30
JPMorgan Chase & Co                 JPM      240.74
Procter & Gamble Co.                  PG       230.21
Wal-Mart Stores, Inc.                  WMT      217.46
Verizon Communications Inc            VZ       211.23
Pfizer Inc                                        PFE      206.84
Visa Inc                                           V        191.94
Chevron Corporation                    CVX      191.05
Berkshire Hathaway Inc                BRK.B    188.03
Coca-Cola Co (The)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â KOÂ Â Â Â Â Â Â 182.44
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