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Des Moines, Iowa-based Principal Financial Group, Inc. (PFG) is a leading global financial services company specializing in retirement, insurance, and asset management solutions. With a market cap of $18.8 billion, PFG serves millions of customers worldwide, offering innovative products to help individuals and businesses achieve financial security.
Companies worth $10 billion or more are generally categorized as "large-cap stocks," and Principal fits this description perfectly. Its valuation reflects its strong presence in the financial sector, driven by its commitment to delivering comprehensive solutions and fostering long-term growth.