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Sorry, Tim Cook - the First $1 Trillion Company "IPO'd" in 1602

August 27, 2018 by William Patalon III

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We recently gave you our own spin on Apple Inc.'s historic move up through the $1 trillion market-value threshold.

I say "historic" because Apple was the first company to pierce that trillion-dollar barrier.

Or was it?

In an intriguing (and kinda cool) piece in its August issue, Money magazine argues the iDevice king wasn't the world's first trillion-dollar company.

Indeed, the magazine said five other companies hit the trillion-dollar mark before Apple. It referred to these five other firms as charter members of the "Four-Comma Club."

"When you search globally and historically, you'll find plenty of examples of dominant corporations that actually dwarf Apple's market size – after you inflation-adjust their value to today's dollars," Money reporter Ryan Derousseau writes. "Once you do that, several dominant companies have already made it into the four-comma club."

I know what you're thinking: "C'mon, Bill, by adjusting for inflation, this writer is playing games with the numbers."

True, but we should be used to games of that ilk: I mean, Wall Street plays games with numbers all the time.

So do most public companies.

This "game" is actually pretty scintillating. And it doesn't change the fact that Apple (which has given you a 266% gain since Zenith Trading Circle Editor Shah Gilani recommended Apple in July 2013 at a split-adjusted price of $60.10 a share) continues to be one of our "Accumulate" stocks.

So let's take a look at the charter members of Money's "Four-Comma Club" companies. Then we'll circle back and tell you why the stock is still on our "Accumulate" list.

Let me share with you why I find this so fascinating...

Oil

The 10 Top-Performing Oil Stocks of the Year

January 10, 2017 by Money Morning News Team

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Oil prices hit a 10-year low in January 2016, but since then they rose 47%. That means the top oil stocks of 2016 saw a big boost.

Even though 2016 is over, our list can help you see which oil stocks benefited from higher oil prices. That's why oil stocks will continue to be a strong play in the new year.

Here are the best oil stocks of 2016...

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