Which Stocks do have AAA Credit Ratings? (MSFT, JNJ, XOM)
Now that the U.S. Government has lost its Triple-A credit rating, investors are thinking "which companies can I own that do have a AAA rating?". Fellow Masters the top dogs that do maintain a better credit rating than the U.S. Government are Exxon Mobil (NYSE:XOM), Johnson & Johnson (NYSE:JNJ) and Microsoft (NASDAQ:MSFT).
Forget Uncle Sam, I put my faith in the AAA U.S. Corporation, with liberty and justice for all.
Mastery Sponsors - Become one Today
AOL's DailyFinance beat us to the story, so here's what they have to say -- We've had a wild few weeks leading up to a big debt-ceiling deal, which some have hailed as a historic compromise, and others as a "Satan sandwich." The threat that major credit rating agencies might downgrade the United States of America from its top rating of AAA to something less perfect lent extra urgency to the negotiations.
While two of the main agencies have left our rating unchanged, the S&P did indeed demote it, despite the debt deal. That means there are now four companies whose AAA status leaves them rated higher than the U.S. government.
The cream of the crop
There are 500 large companies in the S&P 500, and more than 8,000 stock securities that trade on the NYSE Arca platform, including Nasdaq-listed stocks. Out of all that, only Johnson & Johnson (NYS: JNJ) , Microsoft (NAS: MSFT) , Automatic Data Processing, and ExxonMobil (NYS: XOM) hold the top credit rating! What makes them so special?
See full article from DailyFinance: http://srph.it/mQRUIj
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Fourth Turning - Our Rendezvous With Destiny | ZeroHedge
- A Contrarian Perspective on the Short Euro Trade | Financial Sense
- Serial Bubbles Mean Serial Crashes... and the Next One Will Dwarf 2008 | ZeroHedge
- EU Reaches Deal With Turkey, Will Pay €3 Billion To Stem Refugee Outflow But Not Everyone Wants To Pay Up | ZeroHedge
- 1 Journalist Dead, 3 More Arrested After Exposing Turkey Arming Syrian Extremists | ZeroHedge
- Gold Demand in China Heading For Record and Reserves Increase 14 Tonnes In October | ZeroHedge
- Oil Jobs Lost: 250,000 and Counting, Texas Likely to See Massive Layoffs Soon | Financial Sense
The most relevant financial news and articles from the Internets
- US Marine found guilty of killing transgender Filipino | Business Insider
- Ocean City, Md.: America's Most Affordable Fun City | BusinessWeek
- Court appearance set for suspect in Colorado clinic... | Business Insider
- Faulty rudder system major factor in AirAsia... | Business Insider
- Turkey says pilot's body to be flown back to Russia | Business Insider
- Kevorkian archive opens as physician-assisted deaths rise... | Business Insider
- Obama hopes to marshal strong action against climate... | Business Insider