OT Exxon vs Zoom Video

FT today has an interesting comparison of the market cap charts of Exxon (XOM) and Zoom Video (ZM).

The 3yr U shaped charts bump up against each other in fall 2021 at the market cap of around 160 Bln. At that time ZM market cap was higher than XOM. XOM is the normal U and ZM is the inverted U.

Now XOM market cap is 400 Bln vs ZM 30 Bln. And XOM recently announced a share repurchase of 30 bln.

Now XOM market cap is 400 Bln vs ZM 30 Bln. And XOM recently announced a share repurchase of 30 bln.

You’re not suggesting they do something else with that buyback cash…?
: )

Jim

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At that time ZM market cap was higher than XOM…Now XOM market cap is 400 Bln vs ZM 30 Bln.

Speaking of ratios, I note that in the middle of November it took 10.4 Berkshire B shares to buy a share of Alphabet.
Since the, Berkshire is up 12% and Alphabet is down -25%.
Now it’s only 7.0.

I am toying with the idea of shifting a little bit of money from one to the other.
Just till the ratio swings back the other way, you understand…

Jim

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