Mega-cap stocks are those with a minimum market capitalization of $200 billion. Although the numbers of such stocks are limited, the list is continuously growing as more companies create value for their shareholders.
December wasn’t a good month for mega-cap stocks, with the Russell Top 50 Mega Cap Index dropping by over 5%. Let’s take a look at the five best and worst performing mega-cap stocks in Dec 2022.
Five Best Performing Mega-Cap Stocks In Dec 2022
We have taken the December return numbers of mega-cap stocks from finviz.com to rank the five best and worst performing mega-cap stocks in Dec 2022. Here are the five best performing mega-cap stocks in Dec 2022:
5. Merck & Co. (1%)
Founded in 1891 and headquartered in Kenilworth, N.J., this company offers prescription medicines, biologic therapies, vaccines, animal health, as well as consumer care products. Merck & Co Inc (NYSE:MRK) shares are up by over 28% in the last three months and up over 42% in the last year.
As of this writing, Merck & Co. shares are trading above $111 with a 52-week range of $72.88 to $112.89, giving the company a market capitalization of more than $281 billion.
4. Broadcom (1%)
Founded in 1961 and headquartered in San Jose, Calif., this company offers semiconductor and infrastructure software solutions. Broadcom Inc (NASDAQ:AVGO) shares are up by almost 17% in the last three months but are down by over 12% in the last year.
As of this writing, Broadcom shares are trading above $556 with a 52-week range of $415.07 to $648.65, giving the company a market cap of more than $231 billion.
3. Procter & Gamble (2%)
Founded in 1837 and headquartered in Cincinnati, Ohio, this company offers personal care products. Procter & Gamble Co (NYSE:PG) shares are up by over 20% in the last three months but are down by almost 7% in the last year.
As of this writing, Procter & Gamble shares are trading above $152 with a 52-week range of $122.18 to $165.35, giving the company a market capitalization of more than $359 billion.
2. Meta Platforms (2%)
Founded in 2004 and headquartered in Menlo Park, Calif., this company (formerly Facebook) develops and operates social media applications. Meta Platforms Inc (NASDAQ:META) shares are down by over 8% in the last three months and down almost 62% in the last year.
As of this writing, Meta Platforms shares are trading above $127 with a 52-week range of $88.09 to $339.17, giving the company a market cap of more than $331 billion.
1. Pfizer (2%)
Founded in 1849 and headquartered in New York City, this company discovers, develops, makes and sells biopharmaceutical products globally. Pfizer Inc. (NYSE:PFE) shares are up by over 16% in the last three months but are down by almost 9% in the last year.
As of this writing, Pfizer shares are trading above $49 with a 52-week range of $41.45 to $57.43, giving the company a market capitalization of more than $287 billion.
Five Worst Performing Mega-Cap Stocks In Dec 2022
Here are the five worst performing mega-cap stocks in Dec 2022:
5. Alphabet (Cl. A) (-13%)
Founded in 2015 and headquartered in Mountain View, Calif., it is the holding company of Google and several former Google subsidiaries. Alphabet Inc (NASDAQ:GOOGL) shares are down by over 13% in the last three months and down over 36% in the last year.
As of this writing, Alphabet shares are trading above $87 with a 52-week range of $83.34 to $151.55, giving the company a market capitalization of more than $1.10 trillion.
4. Amazon.com (-13%)
Founded in 1994 and headquartered in Seattle, Wash., this company offers e-commerce, cloud computing, and digital streaming services. Amazon.com, Inc. (NASDAQ:AMZN) shares are down by over 29% in the last three months and down almost 48% in the last year.
As of this writing, Amazon shares are trading above $86 with a 52-week range of $81.69 to $170.83, giving the company a market cap of more than $875 billion.
3. NVIDIA (-14%)
Founded in 1993 and headquartered in Santa Clara, Calif., this company develops and sells computer graphics processors, chipsets, and related multimedia software. NVIDIA Corporation (NASDAQ:NVDA) shares are up by over 12% in the last three months and down by almost 48% in the last year.
As of this writing, NVIDIA shares are trading above $147 with a 52-week range of $108.13 to $289.46, giving the company a market capitalization of more than $352 billion.
2. Costco Wholesale (-15%)
Founded in 1983 and headquartered in Issaquah, Wash., this company operates a chain of membership discount stores. Costco Wholesale Corporation (NASDAQ:COST) shares are down by over 5% in the last three months and down almost 17% in the last year.
As of this writing, Costco Wholesale shares are trading above $456 with a 52-week range of $406.51 to $612.27, giving the company a market cap of more than $201 billion.
1. Tesla (-37%)
Founded in 2003 and headquartered in Austin, Texas, this company develops electric vehicles, energy generation and storage systems, supercharger stations, and self-driving technology. Tesla Inc (NASDAQ:TSLA) shares are down by over 52% in the last three months and down almost 68% in the last year.
As of this writing, Tesla shares are trading above $113 with a 52-week range of $104.64 to $384.29, giving the company a market capitalization of more than $341 billion.
This article originally appeared on ValueWalk
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
