Last October, Google (NASDAQ:GOOG) had climbed its way all the way up to the 5th largest US company. Below we have updated the list of the largest US companies by market cap, and as shown, Google has dropped down to 13th. While Google moved down the list the most, Wal-Mart (NYSE:WMT) has taken its place, moving from the #13 spot to #5.
The top 5 in order are Exxon (NYSE:XOM), General Electric (NYSE:GE), Microsoft (NASDAQ:MSFT), AT&T (NYSE:T) and WMT. Procter & Gamble (NYSE:PG), Berkshire Hathaway (NYSE:BRK.A), Chevron (NYSE:CVX), Johnson & Johnson (NYSE:JNJ) and IBM (NYSE:IBM) round out the top 10. Other stocks that moved up the list since last October include JPMorgan (NYSE:JPM) (18 to 12), Coke (NYSE:KO), ConocoPhillips (NYSE:COP), Hewlett-Packard (NYSE:HPQ), Pepsi (NYSE:PEP), Schlumberger (NYSE:SLB) and Oracle (NASDAQ:ORCL). Along with GOOG, stocks that moved down the list are Bank of America (NYSE:BAC), Cisco (NASDAQ:CSCO), Pfeizer (NYSE:PFE), Apple (NASDAQ:AAPL), C (Citigroup) and American International Group (NYSE:AIG).
Also notable is that the combined loss in market cap of the largest 25 companies is the equivalent of losing XOM and JPM as companies.