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These Companies Have Had Little Shaved from Their Market Cap During the Virus War


These are large companies that are well positioned to help the new/post-virus consumer economy and the product and service businesses that serve it.

Microsoft Corp’s (NASDAQ:MSFT) market cap is $1.13-T. Shares have retreated 7.6% over the past month. The company’s position as a leader in cloud computing is Key to this, and the need for distributed computing is growing. Its operating software can be found on most servers and personal computers.

Apple Inc.’s (NASDAQ:AAPL) market cap is $1.08-T. Its shares are off 9.3% over the past month. It has a cash balance of $100-B+. Its network of over 100-B devices supports a considerable system to sell its services. The iPhone is by far the most profitable Smartphone in the world.

Amazon.com Inc. (NASDAQ:AMZN) has a $946-B market cap. Its stock is flat to unchanged over the past 30 days. It has become the “go-to” way to shop since the spread of the coronavirus began. It is also one of the largest providers of streaming video, which has grown in popularity as people have been stuck indoors. Plus, it is the largest cloud computing company in the world.

Alphabet Inc. (NASDAQ:GOOGL), the parent of Google, has a market cap of $763-B. It is 1 mega-cap company that has underperformed the S&P 500. While it is the largest provider of advertising in the United States and dominates search throughout most of the world, analysts worry that the growth of coronavirus could cut demand for ads.

Facebook Inc. (NASDAQ:FB) is the world’s largest social network, with 2.5-B users. It has said that the use of its platform has soared since the virus started to spread globally. It may be the Top way people have to communicate. Although its ad rates have been hurt by the spread of COVID-19, this has been more than offset by user activity. Its shares are down 18.5% over the past month. It has a market cap of $446-B.

Berkshire Hathaway Inc. (NYSE:BRK-A) is Warren Buffett’s huge conglomerate. It is among the most diverse companies it the world. It owns companies from insurer GEICO to private jet provider NetJet. It also has substantial investments in some of America’s largest and best known companies. Mr. Buffett is considered the world’s greatest stock picker. The company’s market cap is $437-B, and its shares are down 13.2% since last month.

Visa Inc. (NYSE:V) has a market cap of $347-B. Its shares have fallen 11% over the past month. The company handles much of the world’s payment systems.

Walmart Inc. (NYSE:WMT) is the nation’s largest retailer and 2nd-largest retail e-Commerce company. Most of its stores are still open. The company offers curbside pickup of items ordered online, often considered a safer way to acquire merchandise. It has a market cap of $310-B. Over the past month, its share price is down is flat to unchanged.

JPMorgan Chase & Co. (NYSE:JPM) already has been helped by the Fed dropping rates and making money more available to banks. It will be a significant source for loans to businesses backed by the government. It also is a leader in electronic banking, so customers can do business without branches. Its market cap is $280-B, and the shares are down 21.5% this past month.

Have a healthy day, stay home!

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S. Jack Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.