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General Electric Moves On Down the Largest Company List 5 comments

by: Bespoke Investment Group November 12, 2008 | about: AAPL / ABT / BAC / BRK.A / CSCO / CVX / DNA / GE / HPQ / IBM / JNJ / JPM / KO / MSFT / ORCL / PEP / PFE / PG / PM / T / VZ / WFC / WMT / XOM

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Below we highlight the 25 largest companies in the US. As shown, Exxon Mobil (XOM) still holds the top spot, but there have been lots of other changes since the bear market started last October. General Electric (GE) has probably had the most dramatic move, from second largest to its current rank of fifth. Prior to XOM taking over GE in size during the energy sector bubble, General Electric held the top spot for quite some time. Wal-Mart (WMT) has had the most dramatic increase during the bear market, moving from 13th to second. Procter (PG) also has made a nice move into the third largest slot. Other companies still in the top 25 that have dropped in rank include Microsoft (MSFT), AT&T (T), Cisco (CSCO), Google (GOOG), Bank of America (BAC), Apple (AAPL) and Hewlett-Packard (HPQ). Stocks that have moved into the top 25 since last October include Wells Fargo (WFC), Oracle (ORCL), Abbott Laboratories (ABT), PepsiCo (PEP), and Genentech (DNA).

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Related Stocks:

AAPL, ABT, BAC, BRK.A, CSCO, CVX, DNA, GE, HPQ, IBM, JNJ, JPM, KO, MSFT, ORCL, PEP, PFE, PG, PM, T, VZ, WFC, WMT, XOM

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This article has 5 comments:

- Jon T:
- Comments (386)
A very large joke is being played when you see Apple dropped three places.

2008 Nov 12 08:25 AM | Link | Reply
- David Lentz:
- Comments (357)
An interesting additional thing to have shown would have been the percentage change in their market caps. Without looking, I'm fairly confident that the market cap of every company listed is smaller today than it was a year ago.

If one looks at these in terms of industry groups (financials, manufacturing, consumer staples, etc), there is a clear rotation. Again, this isn;t exactly news either, but it's a nice way to quantify the sector rotation.
2008 Nov 12 09:24 AM | Link | Reply
- ali k:
- Comments (17)
- • Website: http://investmentplayground.net
Interestingly - JP Morgan and Wells Fargo are the survivors of this nightmare and have moved UP this list.
2008 Nov 12 09:49 AM | Link | Reply
- Boubou:
- Comments (127)
I see my ge long term bond is trading more like AA- than AAA.
Is this ominous?
2008 Nov 12 10:12 AM | Link | Reply
- mollytjm:
- Comments (539)
with so much turmoil all over the place, this kind of list isn't really very relevant. What's relevant is who has the $ to stay afloat and prosper in the future with products that will be competitive in a world market. a GE long term bond, if it's 10 years, should still be fine. GM on the other hand...sigh.
2008 Nov 12 10:21 AM | Link | Reply