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NEW YORK (TheStreet) -- Amazon.com (AMZN) - Get Amazon.com, Inc. Report surpassed Exxon Mobil (XOM) on Monday to become the fourth-biggest U.S. company by market capitalization, MarketWatch reports.

Exxon also slipped behind Facebook (FB), making the top five largest companies all tech.

The Seattle-based e-commerce giant has now risen three spots from seventh place in the two sessions since it reported better-than-expected results for the second quarter, MarketWatch noted.

Shares of Amazon.com closed higher by 1.18% to $767.74, which lifted its market cap to $365.23 billion, while Facebook stock increased 0.3% to $124.31 to take its market cap to $353.95 billion.

On Friday, Amazon.com surpassed Warren Buffett's Berkshire Hathaway (BRK.A) and Facebook.

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(Amazon.com is held in the Growth Seeker portfolio. See all of the holdings with a free trial).

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on the stock.

The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, expanding profit margins and good cash flow from operations. 

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: AMZN

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