The table below lists the top 10 foreign companies by market cap trading on the New York Stock Exchange:
[TABLE=865]
Some observations:
- 8 of out of the 10 companies are in the natural resources sector. This shows the growing importance of the commodity sector.
- The only foreign banking group in this list is the UK-based HSBC Holdings (HBC).
- Despite talks of going under (or) taken over after the gulf oil spill disaster last year, BP plc (BP) not only survived intact but now has a market cap of $144.0 billion.
The table below lists the top 10 foreign companies by market cap trading on the New York Stock Exchange:
[TABLE=866]
Some observations:
- US oil giant Exxon Mobil (XOM) has the largest market cap on the NYSE.
- Telecom services provider AT&T (T) pays a high dividend of 5.76%.
- The only bank in this list is JPMorgan Chase(JPM). JPM has a low dividend yield of just 0.45%.
- Among the many drug makers, Johnson & Johnson(JNJ) is a long-time highly valued company.
Note: Hi-tech firm Apple(AAPL) has a market of $306 billion, next only to Exxon Mobil but is not in the list above since Apple trades on the NASDAQ.
Disclosure: No Positions
