Google (Nasdaq: GOOG) Market Value Surpasses Exxon Mobil Corp. (NYSE: XOM)

Google Inc. (Nasdaq: GOOG) has passed Exxon Mobil Corp. (NYSE: XOM) in market value, making it the second most valuable U.S. company.

In our daily stock market today outlook Money Morning economist Garrett Baldwin, explained,

Shares of Google have soared by 66% since January 2013 to a market cap of $393 billion, while Exxon has crawled along at 5% during the same period to a $391 billion market cap. (Read the full article here)


Both companies trail Apple Inc. (Nasdaq: AAPL), which has a market capitalization of $463.55 billion.

Here's Where Google (Nasdaq: GOOG) Stands

Google (Nasdaq: GOOG)

Google's market value will continue to grow, and as android phones and tablets steal market share from Apple, it would be no wonder if Google soon surpassed Apple in the race to be the biggest U.S. Company.

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Source: Yahoo Finance - Top Institutional Holders of Nasdaq: GOOG Stock

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Join the conversation on Twitter on #Google market value in 2014, and be sure to follow @MoneyMorning.


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