10 Worst Performing Mega Cap Stocks In March 2022
ValueWalk | Apr 03, 2022 12:57AM ET
Mega cap stocks are usually the biggest and best-known companies in the world. In technical terms, these are the companies with a market cap of more than $200 billion.
It is always preferable to have one or more of such stocks in one’s portfolio because of the stability they offer. They may not offer much return in the short term, but over a longer period, such stocks are more likely to offer attractive returns.
Many of these stocks are out of the reach of most investors because of their high price, but a good time to initiate a fresh position in the mega cap stocks is when they are down. So, let’s take a look at the ten worst performing mega cap stocks in March 2022.
We have used the March return home improvement products . Its shares are down almost 28% year-to-date and almost 3% in the last one year. Home Depot reported revenue of more than $150 billion in 2021, compared to over $130 billion in 2020. Its shares are presently trading around $301, while it has a 52-week range of $298.40 and $420.61.
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