With the United States dominating the global stock market at a 55.9% share of the total world equity, it is no surprise that many investors never bothered investing in foreign markets. However, there are plenty of huge companies that you should consider as an investment to diversify your portfolio.
Right now, there is a lot of money being invested in foreign markets. Despite the United States making up the majority of the global market, there are still many well-performing stocks that are not accessible on the NYSE.
For example, this company profiled here is an investment firm that primarily invests in foreign markets such as India. A good way to see whether or not a foreign stock could be a good investment is by looking at how many funds are invested in that stock.
This article will go over the 5 largest foreign companies that are publicly traded. Not all of these are going to be good investments, so we recommend doing your own research and due diligence.
- Saudi Aramco
Saudi Aramco is the third largest publicly traded company in the world, and the largest non-U.S publicly traded company. As of August 2023, their market capitalization is $2.081 trillion USD, with a share price of $8.60. The stock is down about 10% this year, and had an all-time high share price of $10.20 USD in May 2022.
- TSMC (TSM)
Taiwan Semiconductor Manufacturing Company, Limited is the second largest publicly traded company outside of the United States, and 11th largest in the world. They have a market cap of $498 billion and a share price of $96.16. The company is up 7.12% this year, making them a potentially promising investment for many investors.
Interested in investing in TSMC? Check out this guide here.
- LVMH
LVMH, or Moet Hennessy Louis Vuitton, is a French company that specializes in luxury goods. The company has a market cap of $450.98 billion USD, with a stock price of $902.95. They are up 29.16% this year, having hit their all-time high just earlier this year. They are the third largest publicly traded company to be based out of the U.S., the largest in Europe, and 14th globally.
- Tencent
Tencent is the largest publicly traded company based in China, and is ranked 19th overall in the world. The company has a market cap of $417.06 billion USD, with a share price of $43.50. Over the past year, they have grown by 13%.
- Samsung
Samsung is the 23rd largest publicly traded company in the world, and 5th largest based out of the U.S. They specialize in electronics, manufacturing a wide variety of products including televisions, ssd cards, DRAM, flash memory, cell phones, and more.
They have a market cap of $356.45 billion USD, and a stock price of $53.56. They are up 13.40% this year, and they had an all-time high market cap of $553 billion in January of 2021.
We hope you found this article helpful, and if you are interested in learning more about the largest publicly traded companies, check out companiesmarketcap.com.