In this article, we discuss 5 of the most valuable NASDAQ companies in the world. If you want to see more of the most valuable NASDAQ companies in the world, go directly to 15 Most Valuable NASDAQ Companies in the World.
5. Tesla, Inc. (NASDAQ:TSLA)
Market Capitalization as of November 11: $614.07 billion
Number of Hedge Fund Holders: 72
Tesla, Inc. (NASDAQ:TSLA) shares have fallen 51% year to date given the broader market weakness and the company’s high valuation. Recently, Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk’s purchase of Twitter has been a distraction as Musk has had to spend more time on the social media company. Nevertheless, Tesla, Inc. (NASDAQ:TSLA) is still the most valuable car company in the world with a market capitalization of $614.07 billion as of November 11.
4. Amazon.com, Inc. (NASDAQ:AMZN)
Market Capitalization as of November 11: $1.03 trillion
Number of Hedge Fund Holders: 252
Amazon.com, Inc. (NASDAQ:AMZN) recently rejoined the $1 trillion market capitalization club thanks to lower than expected inflation numbers for October. Inflation has slowed growth at Amazon.com, Inc. (NASDAQ:AMZN)’s e-commerce business and rising interest rates have also lowered the company’s valuation. Nevertheless, Amazon.com, Inc. (NASDAQ:AMZN) still ranks #4 on our list of 15 Most Valuable NASDAQ Companies in the World and the company still has substantial growth potential in the future.
3. Alphabet Inc. (NASDAQ:GOOG)
Market Capitalization as of November 11: $1.25 trillion
Number of Hedge Fund Holders: 153
Alphabet Inc. (NASDAQ:GOOG) ranks #3 on our list of 15 Most Valuable NASDAQ Companies in the World with a market capitalization of $1.25 trillion. Although its growth has slowed recently, Alphabet Inc. (NASDAQ:GOOG)’s valuation could benefit in the future if interest rates eventually decrease as inflation slows. Given its resources, Alphabet Inc. (NASDAQ:GOOG) has substantial growth potential in AI and machine learning.
2. Microsoft Corporation (NASDAQ:MSFT)
Market Capitalization as of November 11: $1.84 trillion
Number of Hedge Fund Holders: 258
Microsoft Corporation (NASDAQ:MSFT) is the second most valuable company listed on the NASDAQ with a market capitalization of $1.84 trillion. Although its shares have decreased substantially this year, Microsoft Corporation (NASDAQ:MSFT) is still returning substantial capital back to its shareholders. For the quarter ended September 30, 2022, Microsoft Corporation (NASDAQ:MSFT) returned $9.7 billion to shareholders in the form of buybacks and dividends.
Lakehouse Capital commented on Microsoft Corporation (NASDAQ:MSFT) in a September 2022 investor letter,
During the month, the Fund initiated a new position in Microsoft Corporation (NASDAQ:MSFT), a name that is no doubt familiar to our investors. The company was founded by Bill Gates and Paul Allen in a friend’s garage in 1975 and began dominating the operating system market with MS-DOS by the mid-1980s. The company has come a long way since then and is now widely considered the most critical and indispensable IT mega-vendor for businesses globally. In addition to its well-known Windows operating systems and Office productivity suite, the company has a broad portfolio of strategic products, including a rapidly growing public cloud business in Azure and a sizeable gaming presence.
Microsoft’s foundational products, Office365 and Windows365, are ubiquitous and highly penetrated with circa 90% and 80% market share, respectively. These solutions are deeply ingrained in commercial and personal use globally and across all industry sectors. They serve as stable, high-margin cash flow generators for Microsoft whilst they expand and invest in other growth areas of the business. One particular growth area, which is the most exciting part of Microsoft’s business in our view, is their public cloud service, Azure.
Azure has grown at a rapid clip over the past decade to cement itself as the second-largest cloud service provider globally, behind Amazon Web Services. The business benefits from strong secular tailwinds as cloud adoption continues unabated and there is considerable runway ahead – it’s currently estimated that less than 20% of global IT spend is currently in the cloud. Research indicates that 80% of enterprises use Azure and its market share has grown to 21%, up from 13% five years ago. The mission-critical nature of the product, which is similar to many of Microsoft’s other solutions, is incredibly attractive as it leads to sticky, recurring revenue streams. Something we love to see…”
1. Apple Inc. (NASDAQ:AAPL)
Market Capitalization as of November 11: $2.38 trillion
Number of Hedge Fund Holders: 128
Apple Inc. (NASDAQ:AAPL) is the world’s most valuable tech company and ranks #1 on our list of 15 Most Valuable NASDAQ Companies in the World given its market capitalization of $2.38 trillion as of November 11. Although a potential economic slowdown could decrease demand for Apple Inc. (NASDAQ:AAPL)’s smartphones next year, Apple Inc. (NASDAQ:AAPL) has a substantial user base that will likely still allow the company to generate substantial profits despite the headwinds.
You can also take a look at 15 Biggest IT Companies in the World and 15 Biggest Insurance Companies in the World.
