San Ramon, California-based The Cooper Companies, Inc. (COO) develops, manufactures, and markets contact lens wearers. The company has a market cap of $13.2 billion and operates in two segments, CooperVision and CooperSurgical, and offers spherical, toric, and multifocal contact lenses that address vision challenges, such as astigmatism, presbyopia, and myopia, and more.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” COO fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the medical instruments and supplies industry.