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  • Institutional Investors Rank Apple World's Most Valuable Company Once Again


    Apple is riding high once more.

    Barron’s published its annual list of the world's most respected companies this week based on the stated views and opinions of institutional investors.

    Apple has reclaimed the top spot from Warren Buffett's Berkshire Hathaway, which claimed the highest perch from Apple on last year's list. Between 2012 and 2013, Apple fell from #1 to #3.

    "Apple's comeback from third place last year tracks a similar revival in the company's shares, which lost almost half of their value in a seven-month span that ended in the spring of 2013," Barron's reports. "The stock has since gained more than 60%, to a split-adjusted $90."

    Apple has now ranked No. 1 in Barron's survey in four of the past five years - or as Barron's calls it, "domination not unlike a New York Yankees dynasty era."

    To check out the full list, click here.

    Source: Barron's
    This article was originally published in forum thread: Institutional Investors Rank Apple World's Most Valuable Company Once Again started by Michael Essany View original post