A Bank of America Analysis Says YouTube is Worth More than 85 Percent of Companies in the S&P 500

"A big asset that warrants a big valuation."

YouTube, owned by Google Inc.

Photographer Chris Ratcliffe/Bloomberg
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In a note out this morning, Justin Post and his team at Bank of America Merrill Lynch say that YouTube, which is owned by Google, is worth more than $70 billion on its own.

According to Bloomberg data, only 66 companies in the S&P 500 have a higher market value.