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Procter drops to No. 12 in S&P 500.
January 2, 2013
By: TOM BRANNA
Editor
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Pfizer Inc has taken over the No. 12 spot from Procter & Gamble Co., according to The Online Investor. 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...
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