MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Book Value
MNV
MNV
MNV
MNV
MNV
MNV
MNV
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Marvell Technology Group Moves Up In Market Cap Rank, Passing Zions Bancorporation
Friday, September 1, 4:41 PM ET, by Market News Video Staff

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Marvell ...

KRE, FITB, BBT, ZION: Large Outflows Detected at ETF
Monday, September 11, 11:22 AM ET, by Market News Video Staff

Symbols mentioned in this story: KRE, FITB, BBT, ZION Exchange traded funds (ETFs) trade just ...

Consolidated Edison Becomes #38 Most Shorted S&P 500 Component, Replacing Varian Medical Systems
Wednesday, September 13, 2:25 PM ET, by Market News Video Staff

The most recent short interest data has been released for the 08/31/2017 settlement date, and ...

Notable Friday Option Activity: VAR, GD, DAR
Friday, September 15, 11:26 AM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Agree To Purchase Zions Bancorporation At $37, Earn 6.1% Using Options
Monday, September 18, 11:34 AM ET, by Market News Video Staff

Investors eyeing a purchase of Zions Bancorporation (ZION) stock, but cautious about paying the going ...

  More articles:  1 2 next »

Varian Medical Systems Takes Over #429 Spot From Zions Bancorporation

By Market News Video Staff, Wednesday, December 6, 4:42 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, Varian Medical Systems Inc (NYSE:VAR) has taken over the #429 spot from Zions Bancorporation (NASDAQ:ZION), 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 Varian Medical Systems Inc (NYSE:VAR), the market cap is now $10.17 billion, versus Zions Bancorporation (NASDAQ:ZION) at $9.97 billion.

Below is a chart of Varian Medical Systems Inc versus Zions Bancorporation plotting their respective size rank within the S&P 500 over time (VAR plotted in blue; ZION plotted in green):

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

VAR,ZION 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.

At the closing bell, VAR is up about 1.6%, while ZION is off about 1.9% on the day Wednesday.


Top Six Most Viewed Stories This Week @ Market News Video:

This Article's Word Cloud:   Another   Bancorporation   Below   Investor   Market   Medical   NYSE   Online   Systems   Varian   ZION   Zions   about   apples   billion   capitalization   chart   companies   company   comparing   comparison   components   fillColor   find   important   index   investors   larger   look   market   much   mutual   ordered   other   over   plotted   reason   relation   size   solely   stock   stocks   that   their   those   trading   true   value   versus   which
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Varian Medical Systems Takes Over #429 Spot From Zions Bancorporation | Market News Video | Copyright © 2008 - 2017, 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.