Mega Cap


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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 ?
Inquiries: 0333 123 1308 and www.insurethebox.com * LONG-TERM savers should invest in funds holding shares in global giants companies - the 'mega caps' - says Willem Sels, UK head of investment strategy at HSBC Private Bank.
From a capitalization perspective, mega-cap stocks have narrowly underperformed smaller caps, and we would advise investors to stick with a mega cap bias.
Elfa's portable dresser and Artwire's Mega Cap organizers have proven winners because they cater well to the needs of students, said Brad Boderman of the Minneapolis-based specialty chain Totally Organized.
Deutsche Bank analyst Lloyd Walmsley continues to view Facebook (FB) as his favorite mega cap Internet name for 2019, but on a short term basis he sees Alphabet (GOOG, GOOGL) as best positioned to benefit from Q4 earnings.
The analyst believes Comcast's current valuation is "compelling" given its top-line and EBITDA growth profile relative to mega cap peers.
RBC Capital analyst Nik Modi keeps his Outperform rating and $56 price target on Coca-Cola - his "top mega cap pick" - despite the poor investor sentiment on the stock driven by "rising rates, ETF outflows, and sector rotation".
While valuations of these mega caps reect better operational performance, when these supertankers turn history tells us they can run and run.