Wal-Mart Tops Fortune's Most Admired Companies List
NEW YORK - The world's largest retailer was named America's most admired company in Fortune magazine for the second year in a row, despite a year of bad press and lagging stock prices. The article appears in the publication's March 1 issue.
In addition to the 2004 top 10 list, which finds IBM resurfacing at the No. 10 spot after a 17-year absence, the Most Admired feature contains an essay asking, "Should We Admire Wal-Mart?"
Following Wal-Mart on the list are Berkshire Hathaway (No. 2), Southwest Airlines (No. 3), General Electric (No. 4), Dell (No. 5), Microsoft (No. 6), Johnson & Johnson (No. 7), Starbucks (No. 8), FedEx (No. 9), and IBM (No. 10).
In addition to ranking the top 10 Most Admired Companies, Fortune also ranks companies by industry.
In addition to the 2004 top 10 list, which finds IBM resurfacing at the No. 10 spot after a 17-year absence, the Most Admired feature contains an essay asking, "Should We Admire Wal-Mart?"
Following Wal-Mart on the list are Berkshire Hathaway (No. 2), Southwest Airlines (No. 3), General Electric (No. 4), Dell (No. 5), Microsoft (No. 6), Johnson & Johnson (No. 7), Starbucks (No. 8), FedEx (No. 9), and IBM (No. 10).
In addition to ranking the top 10 Most Admired Companies, Fortune also ranks companies by industry.