Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Ex-Dividend Reminder: TechnipFMC, Valero Energy and Tenaris
Thursday, November 15, 10:22 AM ET, by Market News Video Staff

On 11/19/18, TechnipFMC plc (FTI), Valero Energy Corp (VLO), and Tenaris SA (TS) will all ...

We Did The Math IVE Can Go To $128
Monday, November 19, 7:26 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Valero Energy (VLO) Shares Cross 4% Yield Mark
Monday, November 19, 3:06 PM ET, by Market News Video Staff

In trading on Monday, shares of Valero Energy Corp (VLO) were yielding above the 4% ...

January 2019 Options Now Available For Valero Energy (VLO)
Wednesday, November 21, 10:57 AM ET, by Market News Video Staff

Investors in Valero Energy Corp (VLO) saw new options become available today, for the January ...

Short Sellers Drawn To These Five Nelson Peltz Holdings
Wednesday, November 28, 11:28 AM ET, by Market News Video Staff

An examination of the most recent short interest data revealed these five Nelson Peltz stocks ...

Sysco Now #163 Largest Company, Surpassing Valero Energy

By Market News Video Staff, Thursday, January 10, 4:39 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, Sysco Corp (NYSE:SYY) has taken over the #163 spot from Valero Energy Corp (NYSE:VLO), 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 Sysco Corp (NYSE:SYY), the market cap is now $32.88 billion, versus Valero Energy Corp (NYSE:VLO) at $32.85 billion.

Below is a chart of Sysco Corp versus Valero Energy Corp plotting their respective size rank within the S&P 500 over time (SYY plotted in blue; VLO plotted in green):

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

SYY,VLO 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 SYY market cap history vs. the full VLO market cap history.

At the closing bell, SYY is up about 1.2%, while VLO is up about 0.2% on the day Thursday.

This Article's Word Cloud:   Another   Below   Corp   Energy   Investor   Market   NYSE   Online   Sysco   Valero   about   apples   billion   capitalization   chart   companies   company   comparing   comparison   components   example   fillColor   find   full   history   important   index   investors   larger   look   market   much   mutual   ordered   other   over   plotted   reason   relation   size   solely   stock   stocks   that   their   those   trading   true   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

Sysco Now #163 Largest Company, Surpassing Valero Energy | Market News Video | Copyright © 2008 - 2019, 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.