8 of the 10 Largest Companies in the World are American
According to the article from investopedia By Elvis Picardo, Eight of the world’s 10 Largest Companies in the World, as measured by market capitalization, are American. Market capitalization is the total value of a company’s entire shares of stock. While these companies have their roots in the U.S. and are the embodiment of “all-American” qualities such as innovation and industry, their reach is worldwide and their marketplace global....
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Apple stock is heading towards $170 and it is good for investors
Apple stock is getting little respite from Wall Street. There have been numerous downgrades by analysts which has put a bearish sentiment around the stock. An article in mid-March 2017 mentioned some of the challenges facing the company with an under-perform rating at $170. Since then, the stock has had a good bullish run till the latest earnings call. I believe a major part of the bullish momentum was supported by external factors like tax reform, weaker dollar from 2017 to mid-2018 and heavy buybacks. Apple stock has seen a major reversal in sentiment in the past few weeks.......
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