Companies that have a market capitalization of over $200 billion are called mega-cap companies. Those companies are generally characterized by significant influence in different industries due to the size of their sales. Also, companies from this category have healthy financials and strong cash flows, which enable them to demonstrate steady growth even during an economic downturn.
Over the past month, the major indices have been headed lower amid the Fed policy tightening and the continuing Russian invasion of Ukraine. However, during a pessimistic time like this, savvy investors can consider mega-cap businesses as safe investments to decrease the impact of market volatility.
