For investors that like things big, as in companies with massive market values, mega caps are the place to be. Mega-cap stocks are usually defined as those with market caps north of $200 billion. Just 18 U.S.-listed companies meet that requirement as of Wednesday's close.
That group includes illustrious names such as Apple Inc. (NASDAQ: AAPL), Facebook Inc. (NASDAQ: FB), Johnson & Johnson (NYSE: JNJ) and Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A).
Investors looking for a broad basket of of mega caps can get that exposure with some mega-cap focused exchange traded funds, including the Guggenheim Russell Top 50 Mega Cap ETF (NYSE: XLG).
Where The Big Boys Play
XLG tracks the Russell Top 50 Mega Cap Index, which is comprised of the 50 largest companies from the Russell 1000 index, meaning this is not the ETF for investors looking for mid- or small-cap exposure or even exposure to smaller large caps.
“Analysts forecast 9% earnings growth for stocks ...
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