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
- Chart of the Day: With Stocks Near All-Time Highs, Financial Stress Turns Negative | Financial Sense
- Why We're So Unhealthy | ZeroHedge
- The Full Story Behind Bloomberg's Attempt To "Unmask" Zero Hedge | ZeroHedge
- Still Looks Like A Trap | ZeroHedge
- State-Sanctioned Theft - The Failed War On Drugs And Cops' Abuse Of Civil Forfeiture | ZeroHedge
- The New Normal: From $34.00 an Hour to $2.65 Plus Tips. | ZeroHedge
- The US Endgame? Creating A Climate That "Could Easily Be Transformed Into War" | ZeroHedge
The most relevant financial news and articles from the Internets
- An early Facebook employee says the 'laptop test' can help you figure out... | Business Insider
- This hacker makes $100,000 a year as a 'bug bounty hunter’ | Business Insider
- At least 21 dead, dozens injured in Baghdad truck bombing | Business Insider
- The $1 trillion bubble is a totally new phenomenon | Business Insider
- This is the demographic Hollywood is ignoring, according to... | Business Insider
- 7 signs you can't afford to buy a home | Business Insider
- Warren Buffett and Charlie Munger just destroyed Valeant at Berkshire's annual... | Business Insider