These Were The Ten Worst Performing Mega Cap Stocks In February 2022 Most investors prefer smaller, fast-growing companies, but large and mega cap stocks could prove very profitable for patient investors. Such stocks are relatively less volatile, provide stability to the portfolio...
By Aman Jain
This story originally appeared on ValueWalk
Most investors prefer smaller, fast-growing companies, but large and mega cap stocks could prove very profitable for patient investors. Such stocks are relatively less volatile, provide stability to the portfolio and offer good share price growth over time. However, these stocks are out of the reach of many investors because of their high price. Thus, it makes sense to buy these stocks when they are down, and the current geopolitical tensions could offer investors a similar opportunity. Let's take a look at the ten worst performing mega cap stocks in February 2022.
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Ten Worst Performing Mega Cap Stocks In February 2022
We have used the February return data of the mega cap stocks to rank the ten worst performing mega cap stocks in February 2022. Following are the ten worst performing mega cap stocks in February 2022:
Comcast (-3%)
Founded in 1963 and headquartered in Philadelphia, it is a media, entertainment, and communications company. Its shares are down over 7% year-to-date and almost 14% in the last one year. Comcast Corporation (NASDAQ:CMCSA) shares are presently trading over $46, and have a 52-week range of $44.27 and $61.80. Comcast posted revenue of more than $116 billion in 2021 and over $103 billion in 2020.
Bank of America (-3%)
Founded in 1904 and headquartered in Charlotte, N.C., this company offers banking and nonbank financial services. Its shares are down almost 1% year-to-date but are up over 24% in the last one year. Bank of America Corp (NYSE:BAC) shares are presently trading over $44, and have a 52-week range of $35.50 and $50.11. Bank of America posted revenue of more than $47 billion in 2021 and over $51 billion in 2020.
PepsiCo (-3%)
Founded in 1965 and headquartered in Purchase, N.Y., this company makes, markets, distributes and sells beverages, food, and snacks. Its shares are down almost 6% year-to-date but are up almost 25% in the last one year. PepsiCo, Inc. (NASDAQ:PEP) shares are presently trading over $163, and have a 52-week range of $128.32 and $177.24. PepsiCo posted revenue of more than $79 billion in 2021 and over $70 billion in 2020.
Johnson & Johnson (-3%)
Founded in 1886 and headquartered in New Brunswick, N.J., this company deals in the research and development, manufacturing and sale of products in the health care segment. Its shares are down almost 4% year-to-date but are up over 3% in the last one year. Johnson & Johnson (NYSE:JNJ) shares are presently trading over $164, and have a 52-week range of $151.47 and $179.92. Johnson & Johnson posted revenue of more than $93 billion in 2021 and over $82 billion in 2020.
Oracle (-5%)
Founded in 1977 and headquartered in Austin, Texas, this company offers products and services for the corporate information technology environment. Its shares are down almost 13% year-to-date but are up almost 15% in the last one year. Oracle Corporation (NYSE:ORCL) shares are presently trading over $75, and have a 52-week range of $64.77 and $106.34. Oracle posted revenue of more than $40 billion in 2021 and over $39 billion in 2020.
Adobe (-5%)
Founded in 1982 and headquartered in San Jose, Calif., this company offers digital marketing and media solutions. Its shares are down over 17% year-to-date and almost 1% in the last one year. Adobe Inc (NASDAQ:ADBE) shares are presently trading over $466, and have a 52-week range of $416.81 and $699.54. Adobe posted revenue of more than $15 billion in 2021 and over $12 billion in 2020.
Nike (-5%)
Founded in 1964 and headquartered in Beaverton, Ore., this company deals in athletic footwear, apparel, accessories, equipment, and services. Its shares are down over 18% year-to-date and almost 1% in the last one year. Nike Inc (NYSE:NKE) shares are presently trading over $137, and have a 52-week range of $125.44 and $179.10. Nike posted revenue of more than $44 billion in 2021 and over $37 billion in 2020.
Home Depot (-11%)
Founded in 1978 and headquartered in Atlanta, this company sells building materials and home improvement products. Its shares are down almost 24% year-to-date but are up over 20% in the last one year. Home Depot Inc (NYSE:HD) shares are presently trading over $315, and have a 52-week range of $246.59 and $420.61. Home Depot posted revenue of more than $151 billion in 2021 and over $132 billion in 2020.
Pfizer (-12%)
Founded in 1849 and headquartered in New York, this company discovers, develops, makes, markets, sells and distributes biopharmaceutical products globally. Its shares are down over 20% year-to-date but are up over 39% in the last one year. Pfizer Inc. (NYSE:PFE) shares are presently trading over $46, and have a 52-week range of $33.44 and $61.71. Pfizer posted revenue of more than $81 billion in 2021 and over $41 billion in 2020.
Meta Platforms (-28%)
Founded in 2004 and headquartered in Menlo Park, Calif., this company develops and operates social media apps. Meta Platforms Inc (NASDAQ:FB) has the following business segments: Reality Labs (RL) and Family of Apps (FoA). Its shares are down over 37% year-to-date and over 20% in the last one year. Meta Platforms posted revenue of almost $118 billion in 2021 and almost $86 billion in 2020.