from article dated March 8, 2010 11:13, but still relevant
A $12 price for Citigroup suggests a market cap of $350.4 billion, based on the current 29.2 billion shares outstanding including units. This would make Citigroup the most valuable company in the world. Not bad for a company that has yet to make a profit.
In comparison to Cramer's suggestion that Citigroup will trade at a $350 billion market cap, Exxon Mobil (NYSE: XOM) is the top company based on market cap at $314 billion, Microsoft (Nasdaq: MSFT) is 2nd at $253 billion, Wal-Mart (NYSE: WMT) is 3rd at $206 billion and Apple (Nasdaq: AAPL) is 4th at $219 billion. The highest bank is JPMorgan Chase (NYSE: JPM) at $170.3 billion.