Transcript
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This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is six notes on the five largest market cap companies. So we're going to talk you through this very quickly. Some observations, some notes, some thoughts and and see what you think. First, the five largest by market cap in order of market cap or Nvidia number one, Apple number two, Alphabet, Google number three, Microsoft and Amazon. Second of those. Alphabet has been the big winner this year. It's literally knocked out of the park. It's followed by Nvidia Alphabet. Google has been able to add AI across a lot of their platforms, it's grown their core advertising revenue businesses and it's essentially at a home run year. I wish I was a direct investor in fat. Third, Nvidia climbed into the leadership spot by market cap over the last two years. It continues to be at the center of everything AI driven but it's got everybody in the brother trying to encroach on their chip business. Intel, Amazon, Alphabet all trying to compete. So that's where they're at. But they're still number one by market cap with Apple number two. Third, Amazon continues to have risk of becoming more thought of as a mostly an E commerce retailer versus a mega technology company. It has to get growth going again in its cloud business and some new initiatives. It's been the laggard this year of the big five. We've been watching that closely. We find it fascinating. Of course I'm a direct investor in Amazon. It's been the least well performing of the top five. Fifth. To keep keep winning, these mega companies need to execute their current businesses almost flawlessly and need to grow and innovate. So that's what we're watching there. They've got to be so good at what they do. Plus they got to add new product lines, new service lines, new big generators of dollars and revenues and ultimately profit. 6 the most noted names of the list of the potential next generation mega cap companies include Palantir Technologies, Meta Platform Slash, Facebook, Broadcom, Advanced Micro Devices, and I think you can't leave Tesla off that list as well. Again, those are six notes and observations on the biggest market cap companies. Thank you for listening to the Vector Business the Vector Private Equity Podcast. Feel free when you get a chance. Please pre order a copy of our latest book on Amazon, Building Great Businesses. Create Momentum, Overcome Setbacks, Scale With Confidence. Thank you so much for listening to the Vector Business and the Vector Private Equity Podcast. And thank you to our wonderful producer Chanel Bunger. Thank you very much.