Foreign companies are increasingly gaining more attention from US investors. A quick review of the largest companies trading in the New York Stock Exchange (NYSE) shows that 8 of the top 10 companies based on market cap are foreign companies.
The Top 10 Companies on the NYSE by Market Cap:
1.ExxoMobil Corp(XOM)
Market Cap: $329B
2. PetroChina (PTR)
Market Cap: $237B
3. BHP Billiton(BHP)
Market Cap:$222B
4.Petrobras (PBR)
Market Cap:$210B
5.HSBC Holdings (HBC)
Market Cap:$206B
6. Wal-Mart Stores(WMT)
Market Cap:$203B
7.China Mobile (CHL)
Market Cap:$191B
8. Royal Dutch Shell plc(RDS.A)
Market Cap: $190B
9. BHP Billiton plc (BBL)
Market Cap:$187B
10. BP Plc (BP)
Market Cap: $186B
The US oil giant Exxon Mobil has the largest market cap at $329B. The only other US company in this list the world’s largest employer Wal-Mart(WMT) at $203B. None of the US banks have market caps in the $200B range.
The three emerging market companies in the list are China Mobile, Petrobras and Petro-China. Among the financials only HSBC Holdings of UK comes in at number five with a total market cap of $206B. Seven of the companies listed here are from the energy or mining industries.
