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Uber is worth more than Barbie

June 6, 2014: 2:34 PM ET
At $17 billion, Uber is worth more than Mattel. Maybe Barbie should become an Uber driver?

At $18.2 billion, Uber is worth more than Mattel. Maybe Barbie should become an Uber driver?

The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

That's one expensive cab ride! Uber disclosed Friday that it had raised $1.2 billion from investors. The latest round of financing values the company at a whopping $18.2 billion.

To put that in perspective, Uber -- which for those not in the know runs an app that lets people connect with car service drivers -- is worth more than these 12 companies in the S&P 500 that you probably have heard of.

  • Alcoa (AA). Market cap: $16.4 billion. Maybe Alcoa can hitch itself to the Uber bandwagon by touting that more cars are being made with aluminum.
  • Harley-Davidson (HOG). Market cap: $15.5 billion. Does Uber have a fleet of motorcycle drivers? Sons of Uber-chy?
  • TripAdvisor (TRIP). Market cap: $14.7 billion. Merger of equals. Uber picks you up at airport after you find flight on TripAdvisor? Synergy, baby.
  • Whole Foods (WFM). Market cap: $14.7 billion. The organic food company has struggled. Maybe it should partner with UberX on kale deliveries?
  • Campbell Soup (CPB). Market cap: $14.6 billion. If Andy Warhol were alive would he do a multi-colored print of the Uber logo? Don't think so.
  • Ralph Lauren (RL). Market cap: $13.7 billion. I think the company needs to do a deal with Uber to make Polo shirts the official Uber driver uniform!
  • Mattel (MAT). Market cap: $13.3 billion. If Uber driver Barbie isn't in stores by the holidays, that's a wasted opportunity for the toy maker.
  • Hormel (HRL). Market cap: $13 billion. SPAM! The perfect meal for a busy Uber driver.
  • Nordstrom (JWN). Market cap: $12.9 billion. If you can afford to shop here regularly, then you have no right to complain about Uber's surge pricing.
  • Tiffany (TIF). Market cap: $12.9 billion. If you can afford to shop here regularly, then you have no right to complain about Uber's surge pricing.
  • Bed Bath & Beyond (BBBY). Market cap: $12.5 billion. Frank the Tank would have had time to shop there if he got an Uber driver to take him.
  • Molson Coors (TAP). Market cap: $12.1 billion. Uber drivers deserve a frosty Coors Light after a hard day's work. Just not during their shift please!

It's also amusing to note that Uber is now worth almost as much as the combined market value of car rental "giants" Hertz (HTZ) -- market value of $12.4 billion -- and Avis Budget (CAR) -- market value of $6.3 billion.

What's next? Airbnb worth $10 billion? Oh. Wait.

  • Whole Foods stock is rotting away

    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

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    The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.

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  • Sprouts shares double in IPO

    There's a new organic grocery store on Wall Street. And business is booming.

    Shares of Sprouts Farmers Market (SFM) soared Thursday in the natural foods company's initial public offering.

    Sprouts priced its offering of 18.5 million shares at $18. The stock more than doubled on its first day of trading to end at $40.11 a share.

    The company said Wednesday that it expects to raise nearly $300 million from the sale.

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  • The supermarket that's sending investors running

    Safeway's (SWY) stock looks unsafe at any speed today. It's down more than 15% after the company reported quarterly results.

    Supermarkets are notoriously challenging businesses. Take Whole Foods (WFM) out of the equation and nearly every grocery store struggles to generate healthy profit margins. Competition is tight within the industry, and then there's Wal-Mart (WMT). The big box retailer wants to eat every supermarket's lunch, dinner and breakfast.

    Safeway's sales dipped during the latest quarter MORE

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  • Whole Foods shares sink on sales outlook

    Shares of Whole Foods Market tumbled Thursday after the organic grocery chain narrowed its outlook for sales this year.

    Whole Foods (WFM) shares fell 9.4% to end the day at $87.50.

    Late Wednesday, Whole Foods said it expects sales at stores open at least one year to rise between 6.6% and 8% in fiscal year 2013. It had previously forecast same-store-sales growth, a key measure of retail demand, to increase between 6.5% MORE

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  • Fresh Market stock tumbles to 6-month low

    The Fresh Market (TFM) stock plunged to a six-month low Wednesday after the specialty grocer missed earnings expectations and announced that its CFO will step down next month.

    Shares of Greensboro, NC-based company tumbled as much as 19% to $49 a share -- the lowest level since late May.

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    Whole Foods (WFM) warned shareholders that it will take a one-time charge for losses related to Hurricane Sandy. Investors raced out of the stock, causing it to drop more than 5% Thursday.

    The Sandy-related worries forced investors to ignore an otherwise solid quarter in which sales spiked 24%. Sales at stores open for more than one year jumped 8.5%, and profits rose 49%. Whole Foods CEO John Mackey said the MORE

    - Nov 8, 2012 1:51 PM ET
  • Best of StockTwits: Whole lotta love for Whole Foods

    Talk about your organic growth! Shares of grocer Whole Foods Market (WFM) surged nearly 10% after the company reported results late Wednesday that were far better than estimates.

    The rally has to be considered vindication for anyone who stuck with the stock after it got pummeled Friday following a disappointing report from Chipotle Mexican Grill (CMG). Shares fell 7%.

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    - Jul 26, 2012 12:59 PM ET
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