Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Oversold Conditions For Global Payments
Monday, August 2, 4:27 PM ET, by Market News Video Staff

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...

NEM September 24th Options Begin Trading
Thursday, August 5, 11:20 AM ET, by Market News Video Staff

Investors in Newmont Corp (NEM) saw new options become available today, for the September 24th ...

Global Payments Takes Over #99 Spot From Hartford Financial Services Group
Friday, August 6, 11:51 AM ET, by Market News Video Staff

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

September 2022 Options Now Available For Global Payments (GPN)
Monday, August 9, 11:05 AM ET, by Market News Video Staff

Investors in Global Payments Inc (GPN) saw new options become available today, for the September ...

October 1st Options Now Available For Newmont (NEM)
Thursday, August 12, 12:10 PM ET, by Market News Video Staff

Investors in Newmont Corp (NEM) saw new options become available today, for the October 1st ...

Newmont Takes Over #141 Spot From Global Payments

By Market News Video Staff, Monday, June 7, 4:37 PM ET
Play Video: The Importance Of Market Cap

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Newmont Corp (NYSE:NEM) has taken over the #141 spot from Global Payments Inc (NYSE:GPN), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating »

Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much — that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true "apples-to-apples" comparison of the value of two stocks. In the case of Newmont Corp (NYSE:NEM), the market cap is now $57.29 billion, versus Global Payments Inc (NYSE:GPN) at $56.45 billion.

Below is a chart of Newmont Corp versus Global Payments Inc plotting their respective size rank within the S&P 500 over time (NEM plotted in blue; GPN plotted in green):

Below is a three month price history chart comparing the stock performance of NEM vs. GPN:

NEM,GPN Relative Performance Chart

Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers — much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV's). This can have a direct impact on which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and "tosses out" the biggest 100 companies so as to focus solely on the 400 smaller "up-and-comers" (which in the right environment can outperform their larger rivals). So a company's market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these rankings daily.

Examine the full NEM market cap history vs. the full GPN market cap history.

At the closing bell, NEM is up about 0.1%, while GPN is down about 1.5% on the day Monday.

This Article's Word Cloud:   Another   Below   Corp   Global   Investor   Market   NYSE   Newmont   Online   Payments   about   apples   billion   capitalization   chart   companies   company   comparing   comparison   components   example   fillColor   find   full   history   important   index   investors   larger   look   market   mdash   much   mutual   ordered   other   over   plotted   raquo   reason   relation   size   solely   stock   stocks   that   their   those   value   which
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Chart Zero Stock Market Game Stock Market Definitions

Newmont Takes Over #141 Spot From Global Payments | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.