7 NJ Companies Among Top 300 Most Admired In The World

NEW JERSEY — The business magazine Fortune has released its annual list of the most admired companies in the world, including seven from New Jersey. Johnson & Johnson took the top spot on the New Jersey list, while Apple topped the national list.

Despite the closures of a number retail stores and restaurants, New Jersey still has a business climate that, according to Fortune, is still admired.

Here are New Jersey's seven companies that are among the most admired in the world for 2020:

Johnson & Johnson

• 26 (Rank)
• 1 (Industry Rank)

Merck

• 49 (Rank)
• 2 (Industry Rank)

Automatic Data Processing

• 78 (Rank)
• 1 (Industry Rank)

Cognizant Technology Solutions

• 109 (Rank)
• 5 (Industry Rank)

Honeywell International

• 159 (Rank)
• 2 (Industry Rank)

Prudential Financial (U.S.)

• 242 (Rank)
• 1 (Industry Rank)

Quest Diagnostics

• 247 (Rank)
• 3 (Industry Rank)

To be considered on the list, a company has to either be one of the 1,000 largest in the United States by revenue, or a company based outside the United States in Fortune’s Global 500 database that has a revenue of $10 billion or more.

This assortment of companies was subsequently narrowed down to include the 680 highest-revenue companies in each industry, such as computer software, entertainment and real estate.

The overall rankings were then compiled by Forbes in partnership with the management consulting company Korn Ferry by surveying executives, directors and analysts in their own industry.

You can read the full methodology here.

Here are the top 10 companies on the list:

1. Apple
2. Amazon
3. Microsoft
4. Walt Disney
5. Berkshire Hathaway
6. Starbucks
7. Alphabet
8. JPMorgan Chase
9. Costco Wholesale
10. Salesforce

The full list of most admired companies in 2020 is available on the Fortune website.