Apple picks up top honors in Barron’s annual ranking of the world’s most respected companies. Berkshire Hathaway, Warren Buffett’s investment conglomerate, is next up, followed in third place by Boeing (BA), which made a dramatic leap from 26th in 2013. The aircraft maker and defense contractor picked up points for its prodigious cash flow and impressive handling of production and labor challenges.
The participants were asked to select one of four statements reflecting their general view of each company: “Highly Respect”, “Respect”, “Respect Somewhat”, and “Don’t Respect”. A point value was assigned to each response, with the highest accorded to Highly Respect, and a mean score was tabulated for each company.
Barron’s has been annually surveying institutional investors about their views of the world’s 100 largest companies, as measured by total stock market capitalization, since 2005.
For more information about the ranking go to the Barron’s website.