Yesterday, Google eclipsed the $500 per share mark giving them a market cap of just over $156,000,000,000 ($156 Billion – yes billion!). GOOG is worth more than such American institutions as Coca Cola ($110 B), Oracle ($101 B), IBM ($140 B), FedEx ($36 B), Apple ($75 B), General Motors ($18 B) and even the world’s largest computer chip-maker Intel ($124 B).
Is Google the most valuable company on the market today? Close – but there are 14 other heavy-weights that Google still has to knock off:
14. Cisco - $163 Billion – The only company in Silicon Valley to stay ahead of Google
13. Berkshire Hathaway – $165 Billion – Want to buy one share in Warren Buffet’s company? Fork over $107,000.00
12. JP Morgan Chase - $165 Billion – Global financial services and Chase banks
11. Altria – $176 Billion – Who? Altria is a holding company that owns Phillip Morris, Kraft and more
10. AIG – $186 Billion – Insurance holding company – you’ve seen the commercials probably
9. Johnson & Johnson - $193 Billion – That’s a lot of q-tips and baby oil
8. Pfizer – $194 Billion - Best known on the Net as makers of Viagra
7. Wal-Mart – $199 Billion – Blue dot stock special
6. Proctor & Gamble – $200 Billion – Branded consumer goods products giant
5. Bank of America - $245 Billion – It’s good to be a bank
4. CitiGroup – $248 Billion – CitiBank’s parent company
3. Microsoft – $294 Billion – A little company behind Windows and Office
2. General Electric – $369 Billion – NBC, lightbulbs, capital and much more
And the most valuable company right now is…
1. ExxonMobil – $428 Billion – As long as you keep filling up, Google will have a hard time knocking them off…
Thanks for this post! It’s surely an interesting list. And here I thought GE was the no 1 company still!
This list conveys the number one reason I do not buy Mobil gas, because they have the market on lock, so if I buy from Shell, I feel like I have a fighting chance to help keep gas prices down.
In addition, I knew Google stock would explode this way, but I wish I bought it when it was $89 a share, as I suggested my friend do. Now she has an e-trade account that started with ten shares worth $890 and now the account is worth $5000 because of my advice.
I am happy for her, but next time I will act on my own good advice!
Check out the Googometer, a visual graphic of how the company compares to other top companies valued just below or above it:
http://www.computers.net/2006/11/the_googometer_.html
So basically only Cisco and Microsoft are the only tech companies now worth more than Google? What about Yahoo! or even IAC?
It makes me feel good to see this (wink, wink)…
MOST of these companies too will shortly be eclipsed by “The Big G.” Give it 12-24 more months???
Great post. This is very interesting and astute analysis.
Wow that is very interesting- definitely didn’t know Mobil-Exxon was number one.
Next year… 10… in a few years… 5. In 20 years… no 1. Who wants to bet ?
Chris … very interesting post. Thanks.
Considering how much of our marketing budget goes to Google I am not surprised that they are a 156B company.
The link in comment #3 needs to be updated:
http://www.techconsumer.com/2006/11/22/the-googometer-google-over-500-in-the-top-15-companies/