Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Is the new economy stealing a march over the old economy?
Sep 13, 2014


Is the old economy making way for new economy? It certainly looks like it if you look at the market cap figures of the largest companies in the US. Of the top four, three are from the new economy sector of technology while only one, Exxon Mobil, belongs to the old economy sector of oil and gas. Of course Berkshire Hathaway, the fifth largest firm is as we all know an amalgamation of many world class companies. As a matter of fact, Exxon Mobil is under the risk of slipping further what with Google and Microsoft knocking at its doors. However, if you ask us, due to fickle nature of technology, there is a possibility that names around stocks like Exxon Mobil and J&J could change but these age old companies continue to hold on to their positions on account of very little change in their business models.

Data Source: BESPOKE investment group

This Chart Of The Day was published in The 5 Minute WrapUp - Warren Buffett or Benjamin Graham: Who's better?

Equitymaster requests your view! Post a comment on "Is the new economy stealing a march over the old economy?". Click here!

1 Responses to "Is the new economy stealing a march over the old economy?"

ramchandra varma

Sep 13, 2014

Things are changed from olden time.Old economy and new economy are the main constituents of economic developments.OLd economy is the base for new economy.new economy is fast growing.Stealing the march from old economy. In world big companies are following new economy well before .Now in India signals are observed vibrant of new economy.

Like 
  
Equitymaster requests your view! Post a comment on "Is the new economy stealing a march over the old economy?". Click here!

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS