April was a cruel month for the stock market. The S&P 500 index dropped almost 9% last month, while the NASDAQ Composite index lost over 13% in April, its worst performance since 2008.
There were several reasons for the poor show of the stock markets last month, including supply-chain woes, the war in Ukraine, inflation and growth concerns.
Amid such a backdrop, let’s take a look at the five best and worst performing mega-cap stocks in April 2022.
Five Best Performing Mega-Cap Stocks In April 2022
We have used the April return data (from finviz.com) of mega cap stocks to come up with the five best and worst performing mega-cap stocks in April 2022. Here they are in reverse order.
5. Walmart (2%)
Founded in 1945 and headquartered in Bentonville, Ark., Walmart (NYSE:WMT) offers everyday products at low prices. Walmart shares are up over 5% YTD and over 8% in the last one year. Its shares are currently trading over $151, and have a 52-week range of $132.01 and $160.77.
Walmart posted revenue of more than $570 billion in 2021 and over $550 billion in 2020.
4. PepsiCo (2%)
PepsiCo (NASDAQ:PEP) shares are up over 3% YTD and over 16% in the last one year. Founded in 1965 and headquartered in Purchase, N.Y., the food and beverage company's shares are currently trading over $168, and have a 52-week range of $143.49 and $177.6. PepsiCo posted revenue of more than $79 billion in 2021 and over $70 billion in 2020.
3. Coca-Cola (4%)
Founded in 1886 and headquartered in Atlanta, Coca-Cola (NYSE:KO) is a non-alcoholic beverage company which posted revenue of more than $38 billion in 2021 and over $33 billion in 2020.
Coca-Cola shares are up over 7% YTD and over 17% in the last one year. Its shares are currently trading over $63, and have a 52-week range of $52.28 and $67.20.
2. Procter & Gamble (4%)
Founded in 1837, Procter & Gamble (NYSE:PG) offers consumer goods, including Fabric & Home Care, Feminine & Family Care, Beauty and more.
The Cincinnati headquartered company's shares are down over 3% YTD but are up almost 18% in the last one year. Its shares are currently trading over $158, and have a 52-week range of $131.94 and $165.35.
Revenue reached more than $76 billion in 2021 and over $70 billion in 2020.
1. Merck & Co. (8%)
Founded in 1891 and headquartered in Kenilworth, N.J., this company offers health solutions through biologic therapies, animal health, consumer care products, prescription medicines, and vaccines.
Shares of Merck & Company (NYSE:MRK) are up over 14% YTD and almost 21% in the last one year. Its shares are currently trading over $85, and have a 52-week range of $70.89 and $91.40.
Merck's revenue in 2021 was more than $48 billion, and over $41 billion in 2020.
Five Worst Performing Mega-Cap Stocks In April 2022
Now lets take a look at the five worst performing mega-cap stocks in April 2022:
5. Alphabet (-20%)
Founded in 2015 and headquartered in Mountain View, Calif., Alphabet (NASDAQ:GOOGL) shares are down almost 20% YTD, but are up over 1% in the last one year.
Operating through Google and Other Bets segments, shares are currently trading over $2,320, and have a 52-week range of $2,193.62 and $3,030.93. Alphabet posted revenue of more than $250 billion in 2021 and over $180 billion in 2020.
4. Tesla (-20%)
Tesla (NASDAQ:TSLA), which is headquartered in Austin, Texas, deals in electric vehicles, as well as energy generation and storage systems.
Shares of Tesla are down almost 15% YTD, but are up over 34% in the last one year. Its shares are currently trading over $899, and have a 52-week range of $546.98 and $1,243.49.
Founded in 2003, Tesla posted revenue of more than $53 billion in 2021 and over $31 billion in 2020.
3. Walt Disney (-21%)
Walt Disney (NYSE:DIS) is a family entertainment and media enterprise that was founded in 1923. Shares of the Burbank, CA headquartered media giant are down almost 27% YTD and over 38% in the last one year. Its shares are currently trading over $113, and have a 52-week range of $111.01 and $187.58.
Walt Disney posted revenue of more than $67 billion in 2021 and over $65 billion in 2020.
2. Amazon (-25%)
Founded in 1994 and headquartered in Seattle, shares of this e-commerce company that also deals in cloud computing, digital streaming, and artificial intelligence are down over 25% YTD and almost 25% in the last one year.
Amazon.com (NASDAQ:AMZN) shares are currently trading over $2,400, and have a 52-week range of $2,367.50 and $3,773.08.
Revenues for 2021 were over $460 billion in 2021, and over $380 billion in 2020.
1. NVIDIA (-33%)
Founded in 1993 and headquartered in Santa Clara, Calif., NVIDIA Corporation (NASDAQ:NVDA) deals in computer graphics processors, chipsets, and related multimedia software.
NVDA shares are down almost 34% YTD, but are up over 36% in the last one year. Its shares are currently trading over $194, and have a 52-week range of $134.59 and $346.47. NVIDIA posted revenue of more than $26 billion in 2021 and over $16 billion in 2020.