It's time for Howard's Illustrated Economics! Today, he sorts out the largest companies by market capitalization.
That means, the price of their stock, times the number of shares. It dials out big companies that aren't doing well and focuses on the prosperous ones.
The top three are Apple, Microsoft and Google.
Microsoft and Google are both worth more than 380 million; Apple double that. The only other companies worth more than 300 million are Exxon and Berkshire Hathaway.
That's Warren Buffett's company.
But three others are close – Wells Fargo Bank, Johnson & Johnson, and General Electric. Wal-Mart is worth more than 250 million.
Worth less than 250, but more than 200 million, in descending order, are JP Morgan, Facebook, Procter & Gamble, Pfizer, Chevron, Verizon and Amazon.
Below 200 are such pikers as Oracle, Disney, Coca-Cola, AT&T, IBM, Visa, Bank of America, Merck and Citigroup.
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