Darden Restaurants Now #407 Largest Company, Surpassing UDR

TickerTech — Wed, 30 Aug 17 16:42:24 -0400

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Darden Restaurants, Inc. (DRI) has taken over the #407 spot from UDR Inc (UDR), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating »

Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much — that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true "apples-to-apples" comparison of the value of two stocks. In the case of Darden Restaurants, Inc. (DRI), the market cap is now $10.39 billion, versus UDR Inc (UDR) at $10.37 billion.

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The 20 Largest U.S. Companies By Market Capitalization »

Below is a chart of Darden Restaurants, Inc. versus UDR Inc plotting their respective size rank within the S&P 500 over time (DRI plotted in blue; UDR plotted in green):

Benzinga

Darden Restaurants Now #407 Largest Company, Surpassing UDR