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PM - 12 Years Post Lehman: Top Stocks Then And Now
Philip Morris International Inc
Yesterday marked the 12-year anniversary of the Lehman Brothers bankruptcy, an infamous lowlight of the financial crisis and the resultant Great Recession. With the globe embroiled in a very different crisis a dozen years later, it is interesting to see how the market leaders have evolved since the last pronounced stress period. This article details the largest 20 companies in the S&P 500 (SPY) by market capitalization today versus the largest 20 companies in the S&P 500 the day Lehman declared bankruptcy. The dramatic reshaping of these market leaders has had and will