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Valued at $52.9 billion by market cap, New York-based MetLife, Inc. (MET) provides various services related to insurance, annuities, employee benefits, and asset management. Its offerings includes a wide range of insurance, annuities and capital market products, with operations spanning the Americas, the Indo-Pacific and EMEA.
Companies worth $10 billion or more are commonly referred to as “large-cap stocks,” and MetLife fits the bill perfectly. Given the company’s extensive operations spread across the globe and long-standing history, its valuation above this mark is unsurprising.