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Mega cap shares are often the largest and best-known corporations on the earth. In technical phrases, these are the businesses with a market cap of greater than $200 billion.
It’s at all times preferable to have a number of of such shares in a single’s portfolio due to the steadiness they provide. They might not provide a lot return within the quick time period, however over an extended interval, such shares usually tend to provide enticing returns.
Many of those shares are out of the attain of most traders due to their excessive value, however time to provoke a contemporary place within the mega cap shares is when they’re down. So, let’s check out the ten worst performing mega cap shares in March 2022.
We’ve got used the March return information to rank the ten worst performing mega cap shares in March 2022, in reverse order.
10. Coca-Cola (-1%)
Based in 1886 and headquartered in Atlanta, Coca-Cola Co (NYSE:) offers in non-alcoholic drinks. Its shares are up virtually 5% year-to-date and over 18% within the final one yr. Coca-Cola reported of over $38 billion in 2021, in comparison with over $33 billion in 2020. Its shares are presently buying and selling round $62, whereas it has a 52-week vary of $52.28 and $63.02.
9. Cisco Programs (-1%)
Cisco Programs (NASDAQ:) offers in Web Protocol-based networking services and products. Based in 1984 and headquartered in San Jose, Calif., its shares are down over 12% year-to-date however are up over 7% within the final one yr. Cisco Programs reported of just about $50 billion in 2021, in comparison with over $49 billion in 2020. Its shares are presently buying and selling round $56, whereas it has a 52-week vary of $50.10 and $64.29.
8. Nike (-1%)
Based in 1964 and headquartered in Beaverton, Ore., Nike (NYSE:) offers in athletic footwear, attire, equipment, gear, and providers. Its shares are down over 19% year-to-date however are up over 1% within the final one yr. Nike reported of greater than $44 billion in 2021, in comparison with over $37 billion in 2020. Its shares are presently buying and selling round $136, whereas it has a 52-week vary of $116.75 and $179.10.
7. Abbott Laboratories (-2%)
Abbott Laboratories (NYSE:) was based in 1900 and headquartered in Abbott Park, Unwell. The corporate is concerned in a diversified line of well being care merchandise. Its shares are down virtually 16% year-to-date and virtually 1% within the final one yr. Abbott Laboratories reported of greater than $43 billion in 2021, in comparison with over $34 billion in 2020. Its shares are presently buying and selling round $118, whereas it has a 52-week vary of $105.36 and $142.60.
6. JPMorgan Chase (-2%)
Based in 1968 and , JPMorgan Chase & Co (NYSE:) presents monetary and funding banking providers. Its shares are down virtually 14% year-to-date and over 11% within the final one yr. Headquartered in New York, JPMorgan Chase reported of greater than $57 billion in 2021, in comparison with over $64 billion in 2020. Its shares are presently buying and selling round $137, whereas it has a 52-week vary of $127.27 and $172.96.
5. Adobe (-3%)
Based in 1982 and headquartered in San Jose, Calif., Adobe (NASDAQ:) presents digital advertising and marketing and media options. Its shares are down virtually 20% year-to-date and virtually 6% within the final one yr. Adobe reported of greater than $15 billion in 2021, in comparison with over $12 billion in 2020. Its shares are presently buying and selling round $459, whereas it has a 52-week vary of $407.94 and $699.54.
4. Financial institution of America (-4%)
Financial institution of America Corp (NYSE:) presents banking and non-banking monetary providers. Based in 1904 and headquartered in Charlotte, N.C., its shares are down over 7% year-to-date however are up over 4% within the final one yr. Financial institution of America reported of greater than $47 billion in 2021, in comparison with over $51 billion in 2020. Its shares are presently buying and selling round $41, whereas it has a 52-week vary of $36.51 and $50.11.
3. Verizon Communications (-6%)
Verizon Communications Inc. (NYSE:) presents communications, info, and leisure services and products. Its shares are down virtually 2% year-to-date and virtually 13% within the final one yr. Verizon reported of greater than $133 billion in 2021, in comparison with over $128 billion in 2020. Its shares are presently buying and selling round $51, whereas it has a 52-week vary of $49.69 and $59.85. Verizon was founded in 1983 and is headquartered in New York.
2. Walt Disney (-7%)
Walt Disney Firm was based in 1923 and is headquartered in Burbank, Calif. A household leisure and media enterprise big, Walt Disney Co (NYSE:) shares are down over 11% year-to-date and over 27% within the final one yr. Walt Disney reported of greater than $67 billion in 2021, in comparison with over $65 billion in 2020. Its shares are presently buying and selling round $138, whereas it has a 52-week vary of $128.38 and $191.67.
1. Dwelling Depot (-9%)
Based in 1978 and headquartered in Atlanta, Ga., Dwelling Depot (NYSE:) offers in constructing supplies and residential enchancment merchandise. Its shares are down virtually 28% year-to-date and virtually 3% within the final one yr. Dwelling Depot reported of greater than $150 billion in 2021, in comparison with over $130 billion in 2020. Its shares are presently buying and selling round $301, whereas it has a 52-week vary of $298.40 and $420.61.
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