If you haven’t heard, Saudi Aramco, Saudi Arabia’s oil giant, is set to go public.
The company will likely file an initial public offering (IPO) next month, and it could be the most valuable stock in the world as it is valued at around $1.5 trillion.
But just how profitable is Saudi Aramco?
Bloomberg put together this simple chart that highlighted how its income is greater than that of Apple, Samsung, and Alphabet.
Despite belonging to a repressive regime, Saudi Aramco is an attractive buy, mainly because it is diversifying its resources, investing billions into natural gas.
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