Which Fortune 500 Companies Are Worth Investing in Now?

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The New Fortune 500

Fortune magazine is out with its updated list of top 500 companies in the country. The list is a bit of a misnomer. Remember, large revenue doesn't always equate to success and profits for shareholders. A prime example of this is the dot-com boom when excessive spending ensured that no matter how high revenues grew, profits were mostly non-existent.

But certainly being large does have its advantages. Indeed, some people go so far as to only invest in Fortune 500 companies, so the list holds interest for investors.

The question is, which Fortune 500 companies are worth your money? Clearly, investing in the biggest companies is not right approach. Had you bought General Electric (GE), Ford (F) or General Motors (GM) ten years ago, you would be looking at significant losses today. I prefer a fundamental approach, examining each stock on its own merits.

Here are my thoughts on the top 10 stocks of the new Fortune 500…

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