Is there method to the madness?
Out of the top 100 companies by market cap..........
Abbott Laboratories (U.S.) - Market Cap: 189.43
AbbVie (U.S.) - Market Cap: 261.92
Accenture (Ireland) - Market Cap: 172.99
Adobe (U.S.) - Market Cap: 144.52
Agricultural Bank of China (China) - Market Cap: 151.19
AIA Group (Hong Kong) - Market Cap: 128.21
Alibaba Group (China) - Market Cap: 216.55
Alphabet (U.S.) - Market Cap: 1,340.53
Amazon (U.S.) - Market Cap: 1,084.06
Amgen (U.S.) - Market Cap: 122.67
Anheuser-Busch InBev (Belgium) - Market Cap: 124.43
Apple (U.S.) - Market Cap: 2,746.21
ASML Holding (Netherlands) - Market Cap: 254.33
AstraZeneca (United Kingdom) - Market Cap: 233.12
AT&T (U.S.) - Market Cap: 120.4
Bank of America (U.S.) - Market Cap: 220.82
Bank of China (China) - Market Cap: 115.76
BHP Group Ltd (Australia) - Market Cap: 152.79
Bristol Myers Squibb (U.S.) - Market Cap: 150.51
Broadcom (U.S.) - Market Cap: 267.64
Caterpillar (U.S.) - Market Cap: 129.26
Chevron (U.S.) - Market Cap: 303.54
China Construction Bank (China) - Market Cap: 159.04
China Merchants Bank (China) - Market Cap: 122.69
China Mobile (Hong Kong) - Market Cap: 176.02
Cisco Systems (U.S.) - Market Cap: 186.41
Coca-Cola (U.S.) - Market Cap: 276.86
Comcast (U.S.) - Market Cap: 159.81
ConocoPhillips (U.S.) - Market Cap: 122.91
Contemporary Amperex Technology (China) - Market Cap: 159.81
Costco Wholesale (U.S.) - Market Cap: 221.32
Deutsche Telekom (Germany) - Market Cap: 118.61
Eli Lilly (U.S.) - Market Cap: 409.12
ExxonMobil (U.S.) - Market Cap: 439.39
Honeywell International (U.S.) - Market Cap: 121.45
Honeywell International (U.S.) - Market Cap: 121.45
HSBC Holdings (United Kingdom) - Market Cap: 151.64
ICBC (China) - Market Cap: 197.59
Intel (U.S.) - Market Cap: 122.74
International Holding Company (UAE) - Market Cap: 236
Intuit (U.S.) - Market Cap: 135.15
Johnson & Johnson (U.S.) - Market Cap: 422.76
JP Morgan Chase (United States) - Market Cap: 399.59
Kweichow Moutai (China) - Market Cap: 318.07
L'Oreal (France) - Market Cap: 250.39
Linde (Untied Kingdom) - Market Cap: 179.61
Lowe's (U.S.) - Market Cap: 119.5
LVMH Moet Hennessey Louis Vuitton (France) - Market Cap: 482.45
Mastercard (U.S.) - Market Cap: 364.34
McDonald's (U.S.) - Market Cap: 216.28
Medtronic (Ireland) - Market Cap: 121.18
Meta Platforms (U.S.) - Market Cap: 599.82
Microsoft (U.S.) - Market Cap: 2,309.84
Morgan Stanley (U.S.) - Market Cap: 150.43
Nestle (Switzerland) - Market Cap: 337.66
Netflix (U.S.) - Market Cap: 143.97
NextEra Energy (U.S.) - Market Cap: 143.48
Nike (U.S.) - Market Cap: 193.48
Novartis (Switzerland) - Market Cap: 205.45
Novo Nordisk (Denmark) - Market Cap: 359.43
NVIDIA (U.S.) - Market Cap: 708.47
Oracle (U.S.) - Market Cap: 261.8
PepsiCo (U.S.) - Market Cap: 262.71
PetroChina (China) - Market Cap: 119.82
Pfizer (U.S.) - Market Cap: 210.74
Philip Morris International (U.S.) - Market Cap: 151.1
Ping An Insurance Group (China) - Market Cap: 141.82
Porsche Automobil Holding (Germany) - Market Cap: 117.18
Procter & Gamble (U.S.) - Market Cap: 367.76
Prologis (U.S.) - Market Cap: 122.46
Qualcomm (U.S.) - Market Cap: 122.91
Raytheon Technologies (U.S.) - Market Cap: 150.51
RBC (Canada) - Market Cap: 141.76
Reliance Industries (India) - Market Cap: 183.63
Roche Holding (Switzerland) - Market Cap: 253.99
Salesforce (U.S.) - Market Cap: 194.58
Samsung Electronics (South Korea) - Market Cap: 334.31
Sanofi (France) - Market Cap: 141.12
SAP (Germany) - Market Cap: 143.15
Saudi Arabian Oil Company (Saudi Aramco, Saudi Arabia) - Market Cap: 2,055.22
Shell (United Kingdom) - Market Cap: 208.15
Siemens (Germany) - Market Cap: 122.67
Starbucks (U.S.) - Market Cap: 129.84
Taiwan Semiconductor (Taiwan) - Market Cap: 423.17
Tata Consultancy Services (India) - Market Cap: 151.11
Tencent Holdings (China) - Market Cap: 415.36
Tesla (U.S.) - Market Cap: 539
Texas Instruments (U.S.) - Market Cap: 151.64
The Home Depot (U.S.) - Market Cap: 293.95
Thermo Fisher Scientific (U.S.) - Market Cap: 208.15
TotalEnergies (France) - Market Cap: 142.36
Unilever (United Kingdom) - Market Cap: 141.76
Union Pacific (U.S.) - Market Cap: 124.43
UnitedHealth Group (U.S.) - Market Cap: 460.19
United Parcel Service (U.S.) - Market Cap: 156.95
Verizon Communications (U.S.) - Market Cap: 144.52
Visa (U.S.) - Market Cap: 477.38
Walmart (U.S.) - Market Cap: 406.11
Walt Disney (U.S.) - Market Cap: 176.02
Wells Fargo (U.S.) - Market Cap: 148.33
The below is a percentage value by letter of the alphabet......
- A: 15%
- B: 5%
- C: 11%
- D: 1%
- E: 2%
- H: 3%
- I: 4%
- J: 2%
- K: 1%
- L: 4%
- M: 6%
- N: 7%
- O: 1%
- P: 8%
- Q: 1%
- R: 4%
- S: 8%
- T: 8%
- U: 4%
- V: 2%
- W: 3%
And the "A"s win it by a nose.....
Small sample size I know - would be interesting to run it through say a list of start up companies from this year and see what the breakdown is.......