Similar to mega-cap stocks, large-cap stocks (with market capitalization between $10 billion to $200 billion) provide stability to an investor’s portfolio. However, unlike mega-cap stocks, large-cap stocks are relatively more volatile and thus, may offer more returns.
To get more returns from such stocks, it is important to initiate a position when they are down and stay invested in them for the long term. We have used the monthly return data of large-cap stocks to rank the ten worst performing large-cap stocks in February 2022 in reverse order.
10. Zebra Technologies (-18%)
Founded in 1969 and headquartered in Lincolnshire, Ill., this company designs makes, and sells automatic identification and data capture products and has a market cap of more than $21 billion. Zebra Technologies (NASDAQ:ZBRA) shares are down almost 32% YTD and over 17% in the last year. Its shares are currently trading over $405, and have a 52-week range of $385.34 and $615.00. Zebra Technologies reported revenue of more than $5.60 billion in 2021.
9. PPG Industries (-18%)
Founded in 1883 and headquartered in Pittsburgh, this company makes and distributes paints, coatings, and specialty materials, and has a market cap of more than $31 billion. PPG Industries (NYSE:PPG) shares are down almost 27% YTD and over 9% in the last year. Its shares are currently trading over $126, and have a 52-week range of $124.74 and $182.97. PPG Industries reported revenue of more than $16 billion in 2021.
8. Fidelity National Information Services (-20%)
Founded in 1968 and headquartered in Jacksonville, Fla., this company provides tech-based solutions and services to banks, merchants, and capital market businesses. Fidelity National Information Services Inc (NYSE:FIS) shares are down over 14% YTD and almost 33% in the last year. Its shares are currently trading around $94, and have a 52-week range of $90.48 and $155.96. FIS reported revenue of more than $13 billion in 2021.
7. Olaplex Holdings (-22%)
Founded in 2014 and headquartered in Santa Barbara, Calif., this company offers patent-protected hair care products and has a market cap of more than $10 billion. Olaplex Holdings (NASDAQ:OLPX) shares are down over 39% YTD and almost 46% in the last year. Its shares are currently trading over $15.70, and have a 52-week range of $15.68 and $30.41. Olaplex Holdings reported revenue of more than $280 million in 2020.
6. RingCentral (-23%)
Founded in 1999 and headquartered in Belmont, Calif., this company offers enterprise cloud communications and collaboration solutions and has a market cap of more than $12 billion. RingCentral (NYSE:RNG) shares are down almost 33% YTD and almost 63% in the last year. Its shares are currently trading over $126, and have a 52-week range of $117.49 and $367.61. RingCentral reported revenue of more than $1.50 billion in 2021.
5. Affirm Holdings (-29%)
Founded in 2012 and headquartered in San Francisco, it is a digital and mobile-first commerce platform that has a market cap of more than $11 billion. Affirm Holdings (NASDAQ:AFRM) shares are down almost 58% YTD and almost 51% in the last year. Its shares are currently trading over $42, and have a 52-week range of $32.29 and $176.65. Affirm Holdings reported revenue of more than $870 million in 2020.
4. Viatris (-31%)
Founded in 2019 and headquartered in Canonsburg, Pa., this company enables access to medicines, sustainable operation, and has a market cap of over $13 billion. Viatris Inc (NASDAQ:VTRS) shares are down almost 25% YTD and almost 27% in the last year. Its shares are currently trading over $10, and have a 52-week range of $9.68 and $16.29. Viatris reported revenue of almost $12 billion in 2020.
3. Confluent (-31%)
Founded in 2014 and headquartered in Mountain View, Calif., this company designs and develops real-time data platforms for organizations, and has a market cap of almost $10 billion. Confluent (NASDAQ:CFLT) shares are down over 43% YTD and almost 39% in the last three months. Its shares are currently trading around $43, and have a 52-week range of $36.01 and $94.97. Confluent reported revenue of more than $387 million in 2021.
2. PayPal
Founded in 1998 and headquartered in San Jose, Calif., this company has a technology platform for digital payments and has a market cap of over $130 billion. PayPal Holdings (NASDAQ:PYPL) shares are down over 43% YTD and over 58% in the last year. Its shares are currently trading over $106, and have a 52-week range of $94.50 and $310.16. PayPal reported revenue of more than $25 billion in 2021.
1. EPAM Systems (-53%)
Founded in 1993 and headquartered in Newtown, Pa., this company deals in software product development and digital platform engineering services. EPAM Systems Inc (NYSE:EPAM) shares are down over 68% YTD and over 45% in the last year. Its shares are currently trading around $215, and have a 52-week range of $195.01 and $725.40. EPAM Systems reported revenue of more than $3.70 billion in 2021.