There's a new banking behemoth sitting on top of the world. At the beginning of last week, The Wall Street Journal reported that Wells Fargo (NYSE: WFC ) has officially surpassed Industrial & Commercial Bank of China as the world's largest bank by market capitalization -- a crown formerly held by Citigroup (NYSE: C ) until the collapse of its stock in 2007.
This got me thinking: When bank analysts normally discuss relative bank sizes, they're referring to the balance sheet -- that is, the cumulative value of assets. But there are other metrics that denote size as well. With this in mind, I've drawn up the following table showing the respective sizes of the four largest banks on the S&P 500 (SNPINDEX: ^GSPC ) -- the two previously mentioned plus Bank of America (NYSE: BAC ) and JPMorgan Chase (NYSE: JPM ) -- according to four variables: assets, market capitalization, deposits, and capital.
JPMorgan takes top honors with respect to assets, deposits, and capital. To say that the past five years have served as an extraordinary opportunity for the New York-based megabank would be an egregious understatement.
Top New Companies To Invest In Right Now: 51job Inc.(JOBS)
51job, Inc. provides integrated human resource services primarily in the People?s Republic of China. . The company provides recruitment related advertising services, including print advertising services through 51job Weekly, which is a city-specific recruitment advertising publication that is published once a week and is distributed as an insert in local newspapers and/or on a stand-alone basis; and online recruitment services through its Website, www.51job.com. It also offers other human resource related services, such as business process outsourcing, which consist of social insurance and welfare payment processing, regulatory compliance, and payroll processing; and executive search services, as well as conducts training seminars in the areas of business management, leadership, sales and marketing, human resource, negotiation skills, financial planning and analysis, public administration, manufacturing, secretarial, and other skills for the general public and corporate cl ients. In addition, the company provides campus recruitment services; conducts salary, employee retention, and other human resource related surveys; organize and host annual human resource conferences and events, which include lectures, seminars, workshops, and networking opportunities for human resource professionals; and provides assessment tools to assist human resource departments in evaluating capabilities and dispositions of job candidates and existing employees, aiding employee placement, and allocating employee resources, as well as hiring and support services to employers on select recruitment projects. It provides recruitment and other human resource related services to employers through its sales offices, as well as through its sales and customer service call center. The company was founded in 1998 and is based in Shanghai, the People?s Republic of China.
Advisors' Opinion:- [By John Udovich]
As US and global economies recover, hiring should increase with overlooked recruitment related stocks like Cornerstone OnDemand, Inc (NASDAQ: CSOD), 51job, Inc (NASDAQ: JOBS) and Staffing 360 Solutions Inc (OTCBB: STAF) being among the first to benefit aside from those who have found employment:
- [By Ben Rooney]
51job (JOBS), an online job search website similar to Monster.com (MWW), has surged more 60% this year.
But there is one notable Chinese dot-com stock that's sitting out the big rally. Shares of Renren (RENN), the social network known as China's Facebook (FB, Fortune 500), are down 3% for the year.
Top 5 China Stocks To Own Right Now: ATA Inc.(ATAI)
ATA Inc., through its subsidiaries, provides computer-based testing services in the People?s Republic of China. It offers services for the creation and delivery of computer-based tests utilizing its test delivery platform, proprietary testing technologies, and testing services; and provides logistical support services relating to test administration. The company?s computer-based testing services are used for professional licensure and certification tests in various industries, including information technology (IT) services, banking, securities, teaching, and insurance. Its e-testing platform integrates various aspects of the test delivery process for computer-based tests ranging from test form compilation to test scoring, and results analysis. ATA also provides career-oriented educational services, such as single course programs, degree major course programs, and pre-occupational training programs focusing on preparing students to pass IT and other vocational certification tests; test preparation and training programs and services to test candidates preparing to take professional certification tests in securities, futures, banking, insurance and teaching industries; online test preparation and training platform for the securities and banking industries; and test preparation software for the teaching industry. In addition, the company offers HR select employee assessment solution, an online system that utilizes its proprietary software and an inventory of test titles to help employers improve the efficiency and accuracy of their employee recruitment process. As of March 31, 2010, it had contractual relationships with 1,988 ATA authorized test centers. The company serves Chinese governmental agencies, professional associations, IT vendors, and Chinese educational institutions, as well as individual test preparation services. ATA Inc. was founded in 1999 and is based in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Industrials stocks gained Friday, with ATA (NASDAQ: ATAI) leading advancers. Meanwhile, gainers in the sector included Plug Power (NASDAQ: PLUG), with shares up 22 percent, and Korn/Ferry International (KFY), with shares up 12 percent. In trading on Friday, basic materials shares were relative laggards, down on the day by about 1.36 percent. - [By Jake L'Ecuyer]
Leading and Lagging Sectors
Industrials stocks gained Friday, with ATA (NASDAQ: ATAI) leading advancers. Meanwhile, gainers in the sector included Plug Power (NASDAQ: PLUG), with shares up 22 percent, and Korn/Ferry International (KFY), with shares up 12 percent. In trading on Friday, basic materials shares were relative laggards, down on the day by about 1.36 percent.
Top 5 China Stocks To Own Right Now: Qihoo 360 Technology Co. Ltd.(QIHU)
Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China. Its principal products include 360 Safe Guard, an Internet security product for Internet security and system optimization; 360 Anti-Virus, an anti-virus application to protect users? computers against trojan horses, viruses, worms, adware, and other forms of malware; and 360 Mobile Safe, a security program for the Google Android, Apple iOS, and Nokia Symbian smartphone operating systems. The company?s platform products comprise 360 Safe Browser, a Web browser; 360 Personal Start-up Page, a default homepage of 360 Safe Browser and a key access point to popular and preferred information and applications; 360 Application Store, a key access point to securely obtain and manage software and applications; and 360 Safebox, a solution that protects users against thefts of personal account information. It also provides online advertising services, including online marketi ng services and search referral services; and Internet value-added services comprising the operation of Web games developed by third-parties, remote technical support, and cloud-based services. The company was formerly known as Qihoo Technology Company Limited and changed its name to Qihoo 360 Technology Co. Ltd. in December 2010. Qihoo 360 Technology Co. was founded in 2005 and is based in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By Kevin Chen]
Compared to Baidu (NASDAQ: BIDU ) , Qihoo 360 (NYSE: QIHU ) , arguably, has�inferior products,�so why has Qihoo stock almost tripled its investors' money over the past year while Baidu keeps hitting new 52-week lows?
- [By Kevin Chen]
In the video below, Fool contributor Kevin Chen shows how Baidu won out against Google� (NASDAQ: GOOG ) and Qihoo� (NYSE: QIHU ) , how SINA topped Tencent, and how Sohu has kept down Yahoo!. To learn more about how close these tech giants are to the Chinese government, watch the video now.
- [By Andrew Tonner]
Search has long been one of the most profitable businesses in all of tech. This has been fantastic for Baidu (NASDAQ: BIDU ) shareholders who have watched the company effectively dominate the search market in China for some time now. However, all that changed last year as rival Internet power Qihoo 360 (NYSE: QIHU ) decided it wanted its own piece of this booming market. In fact, Qihoo recently raised the stakes by snapping up another rival in hopes of unseating Baidu from its top spot in this growth market. So how great a threat is this for Baidu? In this video, Fool contributor Andrew Tonner discusses how investors should interpret this very real threat.
Top 5 China Stocks To Own Right Now: China Gerui Advanced Materials Group Limited(CHOP)
China Gerui Advanced Materials Group Limited engages in the manufacture and sale of cold-rolled narrow strip steel products in the People's Republic of China. The company converts steel manufactured by third parties into thin steel sheets and strips. It sells its products directly to its customers in a range of industries, including food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries. The company was formerly known as Golden Green Enterprises Limited and changed its name to China Gerui Advanced Materials Group Limited in December 2009. China Gerui Advanced Materials Group Limited is based in Zhengzhou, China.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
On Tuesday, the basic materials sector proved to be a source of strength for the US market after Yellen statement. Huntsman (NYSE: HUN) shares surged 2.62 percent after reporting strong quarterly earnings, while China Gerui Advanced Materials Group (NASDAQ: CHOP) gained around 2.5 percent. - [By Monica Gerson]
China Gerui Advanced Materials Group (NASDAQ: CHOP) is expected to report its Q2 earnings.
Ambarella (NASDAQ: AMBA) is estimated to post its Q2 earnings at $0.28 per share on revenue of $44.67 million.
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