3 ms·
By market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer go
by avemuri 13y ago
By market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer goods...
- adventured 13y agoThis is correct. GE has been considered a conglomerate for nearly a century now. GE sports a $276 billion market cap, Samsung is at $194 billion. I'll say however, that Samsung appears vastly undervalued. GE is trading at about 20 times earnings, Samsung is trading at 20 times just its last quarter alone (and around 5 or 6 times trailing four quarters). Also worth noting, that despite being more profitable than Apple, Samsung trades at a 60% discount to AAPL.