Top 3 most valuable publicly traded companies

AMAZON INC

Literally speaking, Saudi Aramco is the most valuable publicly traded company in the world. The Saudi oil company is worth almost $2 trillion and only trades on Tadawul, the Saudi Stock Exchange in Saudi Arabia. It is almost impossible to buy shares into Aramco due to limited exposure and no direct platform. However, there are several ETFs or Exchange-Trade Funds that you can buy and hold onto. Since, Aramco is not directly available to buy shares in the United States, we are skipping it from list of most valuable publicly traded Companies.

Apple Inc. (AAPL): Apple is the most valuable and famous company in the world. It does not need any introduction; almost everyone knows what Apple does. Apple designs and manufactures mobile communication devices. Apple is also famous for its personal computers and music players.

AAPL has 52-week low of $192.17 and high of $355.40. The stock trades around $351 on NASDAQ. AAPL’s headquarter is in Cupertino, California. AAPL has market capital of $1.52 trillion and beta of 1.0 which shows the stock has same level of volatility compared to stock market. AAPL has average daily trading volume of 36 million shares and dividend yield of 0.93 percent. AAPL is expected to report its next quarterly earnings on July 28, 2020 after market hours.

Apple Inc. is a prestigious place to work and the company employees over 137,000 people. Steve Jobs, Steve Wozniak and Ronald Wayne founded the company in 1976 and its current CEO is an old-time friend of Steve Jobs, Tim Cook.

AAPL is up more than 43 percent in the last three months, and since last year June, it has jumped over 82 percent.  Over 66 percent of the Wall Street Analysts recommend buying AAPL and only 10 percent recommend selling the stock at this current market price. Remaining 24 percent recommends holding onto the stock. Analysts also have set average price target of $336.46 for the stock, which indicates 4.3 percent downside from its current market price.  

AAPL has over 59 percent institutional ownership and less than one percent short interest. The number of floating shares for the stock stands at 4.3 billion.

Microsoft Corporation (MSFT) is the second most valuable technology company after Apple Inc. Unlike Apple Inc., MSFT is mostly focused on software products and services. The company also manufactures personal computers and entertainment products. MSFT has market capital of $1.47 trillion and is headquartered in Redmond, Washington State. MSFT employees over 144,000 people and its current CEO is Satya Nadella. Bill Gates and Paul Allen founded the company in 1975.

MSFT has 52-week low of $130.78 and high of $198.52. The company has average daily trading volume of over 37 million shares and has dividend yield of 1.05 percent. The company will report its next quarterly earnings on July 16, 2020. The stock is trading at $194 on NASDAQ. Wall Street Analysts have average target price of $206.90 for the stock, which shows 6.52 percent upside for the stock from its current price.  

Over 88 percent of Analysts recommend buying MSFT, and only 12 percent suggest holding onto the stock with zero recommendation of sell. MSFT has over 71 percent institutional ownership and 0.54 percent short interest. The number of floating shares for the stock stands at 7.5 billion.

Amazon Inc. (AMZN) is the third most valuable publicly traded company, and it’s expected to lead both Apple and Microsoft by the end of this year. Amazon provides a platform for buyers and sellers to sell products and merchandises. It serves like a bridge between producers and consumers. AMZN is also taking aim at other technology-oriented companies with diversifying its products and services. AMZN has acquired several companies and provides such as cloud-services, analytics, enterprise applications, advertising and streaming services.

AMZN has 52-week low of $1,626 and high of $2,722. The company has market capital of $1.32 trillion and is trading around $2,640 on NASDAQ. AMZN has average daily trading volume of over 4 million shares. The company is expected to report its next quarterly earnings on July 23, 2020. Analysts have average price target of $2,747 for the stock which shows 4 percent upside from its current market price.

Over 92 percent of the Wall Street analysts recommend buying the stock, while only 2 percent recommend selling and 6 percent recommend holding onto the stock. AMZN has over 58 percent institutional ownership and 0.81 percent short interest.

Leave a Reply

Your email address will not be published. Required fields are marked *