Re:Who profits most from America's baffling health-care system?
by doodlesdev on Sunday October 22, 2023 @01:42PM
(#37977448)
The list you grabbed is ordered by market cap, while The Economist said there were 8 Big Health companies in the top 25 _by revenue_ which is a different metric.
Re:Who profits most from America's baffling health-care system?
by yumbrand on Sunday October 22, 2023 @01:39PM
(#37977425)
That Investopedia link is by market cap, but the quote you mentioned from the Economist is by revenue.
Re:Who profits most from America's baffling health-care system?
by JohnCClarke on Sunday October 22, 2023 @01:39PM
(#37977431)
Economist said "by revenue". You seem to have listed by market cap, so not the same.
> Big health accounts for eight of the top 25 companies by revenue in the s&p 500 index of America’s leading stocks, compared with four for big tech and none for big pharma.
Actually tech constitute 9 of the top 25 and pharma four, while of the parasitic rentiers discusssed in the article, only one, United Health, makes the list (https://www.investopedia.com/ask/answers/08/find-stocks-in-s...):
Apple (AAPL): 7.05% Microsoft (MSFT): 6.54% Amazon (AMZN): 3.24% NVIDIA (NVDA): 2.79% Alphabet Class A (GOOGL): 2.13% Tesla (TSLA): 1.95% Alphabet Class C (GOOG): 1.83% Berkshire Hathaway (BRK.B): 1.83% Meta (META), formerly Facebook, Class A: 1.81% UnitedHealth Group (UNH): 1.28% Exxon Mobil (XOM): 1.27% Eli Lilly (LLY): 1.21% JPMorgan Chase (JPM): 1.18% Johnson & Johnson (JNJ): 1.07% Visa Class A (V): 1.05% Procter & Gamble (PG): 0.99% Mastercard Class A (MA): 0.93% Broadcom (AVGO): 0.92% Home Depot (HD): 0.85% Chevron Corporation (CVX): 0.81% Merck (MRK): 0.75% AbbVie (ABBV): 0.75% Costco (COST): 0.67% PepsiCo (PEP): 0.67% Adobe (ADBE): 0.65%10