Why are so many of the same companies mentioned in the news day in and day out? The Scatterplot below might help explain why: The chart shows all 500 companies of the S&P 500 represented by light purple circles. In contrast, some of the largest companies are displayed in other colors. These highlighted companies each earned (Net Income) $20+ Billion dollars over the last 12-months and several are worth over a Trillion dollars.
And now you know why these companies are so prominently featured in the news. They are behemoths in every sense of the meaning. When they hire or fire, enter new markets, create new products, build new buildings, they have a deep and wide impact within their respective industry. -Paul R. Rossi, CFA
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
AuthorPaul R. Rossi, CFA Past Articles
August 2022
|