New York is synonym of city, innovation, communication and finance, but New York is also a manufacturing and agricultural state. New York produces dairy products, cattle, vegetables and more. The state produces and exports minerals, automobile parts, computers and electronics, and chemical products.
Some interesting facts about New York follow:
1. New York City is the most populous city in the United States.
2. Adirondack Park, in the state of New York is the largest state park in the country.
3. New York City is the largest banking and finance center in the nation.
4. The state is the second largest producer of wine.
5. New York workers are the 37th best paid in the country.
6. New York City is the largest city economy in the United States and second in the world (after Tokyo).
7. New York State per capita personal income is $48,076.
8. The state’s main tourist destinations are: The Statue of Liberty, Niagara Falls, and New York City.
9. New York’s milk production makes 50% of all agricultural cash receipts.
10. New York exported goods valued at over $57 billion during 2009, making it the third largest exporter state in the country.
The following companies are headquartered in the state of New York:
JPMorgan Chase & Co. (NYSE:JPM) is a worldwide known financial company. It offers investment services, commercial banking, asset management services, and retail financial services to individuals and businesses. The stock has a market cap of $182 billion, a P/E of 15, a PEG OF 1.89, and it pays a yield of 0.4%.
International Business Machines Corp. (NYSE:IBM) is a producer of information technology products. The stock has a market cap of $165.8 billion, a P/E of 12, a PEG of 0.85 and it pays a yield of 1.7%.
Pfizer Inc. (NYSE:PFE) is in the business of researching, discovering and producing new drugs for use in the prescription medicine industry. This biopharmaceutical company markets its products worldwide. The stock has a market cap of $138.3 billion, a P/E of 7.9, PEG of 3.76 and it pays a yield of 4.2%.
Citigroup Inc. (NYSE:C) is a financial institution that provides consumers with banking services, credit cards, investments and other services. Citigroup operates worldwide. Its clients include individual consumers, businesses, and government. The stock has a market cap of $127.7 billion, and a P/E of 89.
PepsiCo Inc. (NYSE:PEP) operates worldwide manufacturing and selling snacks, other foods and drinks. Some of its products are sold under the following names: Lays, Doritos, and Cheetos, Quaker, Rice-A-Roni, Aunt Jemina, Pepsi, Gatorade and 7-up among many others. The stock has a market cap of $109 billion, a PE of 16, a PEG of 1.58, and it pays a yield of 2.7%.
Philip Morris International Inc. (NYSE:PM) produces and sells tobacco products and cigarettes to markets in the Europe, the Middle East, Africa, Asia, Canada and Latin America. The stock has a market cap of $98.8 billion, a P/E of 14, a PEG of 1.37, and it pays a yield of 4.4%.
Goldman Sachs Group Inc. (NYSE:GS) is an investment banking institution that serves wealthy individuals, corporations and governments across the globe. The stock has a market cap of $94.6 billion, a P/E of 10, a PEG of 0.97, and it pays a yield of 0.78%.
Verizon Communications Inc. (NYSE:VZ) is a telephone company providing wireless and wired telephone and Internet services in the United States and abroad. The stock has a market cap of $85.7 billion, a P/E of 13, a PEG of 4, and it pays a yield of 6.3%.
American Express Co. (NYSE:AXP) is a credit card and charge card company. It also offers travel services, travelers’ checks and prepaid cards worldwide. The stock has a market cap of $52.1 billion, a P/E of 16, a PEG of 1.6, and it pays a yield of 1.7%.
Bristol-Myers Squibb Co. (NYSE:BMY) is in the business of researching, discovering, creating and selling new drugs worldwide. Some of the medicines the company produces are used to treat psychiatric disorders, diabetes, hepatitis, HIV and other diseases. The stock has a market cap of $45 billion, a P/E of 12, a PEG of 14.1, and it pays a yield of 4.9%.
Disclosure: Author owns VZ and PFE.