On the other side of the
mega-cap earnings spectrum, Starbucks (SBUX) is down nearly 6% after the coffee giant reported same-store sales growth in the holiday quarter that missed expectations.
M2 EQUITYBITES-October 13, 2017-Principal Financial unveils Principal US
Mega-Cap Multi-Factor Index ETF (Nasdaq:USMC)
If that's the case it could be especially good for small-cap "because traditionally, when the economy is on stable footing, small and mid-cap stocks outperform large and
mega-cap stocks.
More than twice as many
mega-cap companies (54 percent) use social media in IR compared to micro-cap firms (26 percent).
An obvious flaw in 10% stop orders is that a 10% buffer for a lottery-ticket biotech stock is much different from one for a
mega-cap soda company.
However, these discussions are most likely to occur in the boardrooms of
mega-cap companies.
During bear markets in Europe, investors normally sell cyclical markets like Germany and Sweden and rotate into the lower beta Swiss market, dominated by
mega-cap pharmas Novartis and Roche Holdings.
US
Mega-Cap Stocks and International Equities Warrant a Closer Look
The consequences for income portfolios of a
mega-cap, such as BP, Shell, Vodaphone, HSBC, GlaxoSmithKline, etc, hitting trouble can be seen in recent reports that suggest the BP crisis saw dividends from British-listed companies fall from pounds 58.
Hodges said he expected the consolidation to be led by the
mega-cap companies in the sector, with it being "quieter in the fraternity.
Invesco PowerShares is among the providers to have already unveiled products in that category, including funds that focus on multi-cap,
mega-cap, real estate and fixed-income ETFs.
Mega-cap stocks are understood to be those of the largest companies by market capitalization, which is a company's stock price multiplied by the number of its outstanding shares.
