Mega Cap

(redirected from Mega Cap Stock)

Mega Cap

Describing a publicly-traded company with an extraordinarily large amount of market capitalization. Though there is no fixed measurement, a mega-cap company typically has a market capitalization over $200 billion. Some brokerages or exchanges may have slightly different definitions of mega-cap. Some indices track mega-cap companies, as do some exchange traded funds. See also: Large-cap, Mid-cap, Low-cap, Micro-cap.
References in periodicals archive ?
As is evident from the figures above, during the correction and for the quarter as a whole, mega cap stocks (as measured by the Dow Industrials and S&P 100 Index) performed best, followed, in descending market cap order, by large caps (S&P 500 Index), mid-caps (S&P Mid-Cap Index) and small caps (Russell 2000 Index).
We believe that the superior performance of large and mega cap stocks exhibited during the quarter may mark the beginning of a more extended period of superior relative returns for large cap stocks after six and a half years of relative underperformance versus small and mid-caps.
If investors in the S&P 500 Index have found the last six and a half years discouraging, imagine how investors in a broad range of mega cap stocks feel.
Koesterich favors maintaining a core position in global, dividend-paying mega cap stocks to address both scenarios.