After a dismal performance in the first six months of 2022, July offered some respite for stock market investors. In fact, July has been the best month for the S&P 500 since November 2020. The index gained more than 9% last month, and all of the top mega-cap stocks offered decent returns to investors. Let’s take a look at the five best- and worst-performing mega-cap stocks in July 2022.
The Five Best-Performing Mega-Cap Stocks In July 2022
We have used the July return data for mega-cap stocks from finviz.com to rank the five best- and worst-performing mega-cap stocks in July 2022. Let’s start with the five best-performing mega-cap stocks in July 2022:
5. Danaher (15%)
Founded in 1984 and headquartered in Washington, D.C., Danaher (NYSE:DHR) is a medical company that develops professional, medical, industrial, and commercial products and services. The shares have lost almost 12% year to date and are down more than 2% in the last year. As of the time of this writing, the company's shares are trading at more than $290. They have a 52-week range of $233.71 to $333.96. Danaher reported more than $29 billion in revenue for 2021 and over $22 billion in 2020.
4. Apple (17%)
Founded in 1976 and headquartered in Cupertino, California, Apple (NASDAQ:AAPL) develops and sells smartphones, tablets, wearables, computers, and related services and software. The shares have lost more than 8% year to date but are up by almost 12% in the last year. As of the time of this writing, it is trading at above $162, and their 52-week range is $129.04 to $182.94. Apple reported more than $360 billion in revenue for 2021 and over $270 billion in 2020.
3. NVIDIA (17%)
Founded in 1993 and headquartered in Santa Clara, California, NVIDIA (NASDAQ:NVDA) is a computing platform company that develops graphics-processor technologies for workstations, desktop computers, and mobile devices. The shares have lost almost 36% year to date and are down by over 7% in the last year. As of the time of this writing, the chipmaker's shares are trading at above $184 with a 52-week range of $140.55 to $346.47. NVIDIA reported more than $26 billion in revenue for 2021 and over $16 billion in 2020.
2. Amazon (24%)
Founded in 1994 and headquartered in Seattle, Washington, Amazon (NASDAQ:AMZN) is an e-commerce company that also serves developers and enterprises through Amazon Web Services. The shares have lost more than 18% year to date and are down by almost 18% in the last year. As of the time of this writing, the company's shares are trading at above $136, and their 52-week range is $101.26 to $188.11. Amazon reported more than $460 billion in revenue for 2021 and over $380 billion in 2020.
1. Tesla (30%)
Founded in 2003 and headquartered in Austin, Texas, Tesla (NASDAQ:TSLA) develops and sells fully electric vehicles and energy generation and storage systems. The shares have lost almost 13% year to date but have gained almost 30% in the last year. As of the time of this writing, the company's shares are trading at above $923 with a 52-week range of $620.57 to $1,243.49. Tesla reported more than $53 billion in revenue for 2021 and over $31 billion in 2020.
The Five Worst-Performing Mega-Cap Stocks In July 2022
Here are the five worst-performing mega-cap stocks in July 2022:
5. Johnson & Johnson (-1%)
Founded in 1886 and headquartered in Brunswick, New Jersey Johnson & Johnson (NYSE:JNJ) develops and sells healthcare products. The shares have gained almost 2% year to date and are up by almost 1% in the last year. As of the time of this writing, it is trading at above $173 with a 52-week range of $155.72 to $186.69. Johnson & Johnson reported more than $90 billion in revenue for 2021 and over $80 billion in 2020.
4. Procter & Gamble (-2%)
Founded in 1837 and headquartered in Cincinnati, Ohio, Procter & Gamble (NYSE:PG) is a consumer goods company that offers products and services for various rooms, including kitchens, laundry rooms, bathrooms and more. The shares have lost almost 14% year to date and are down by almost 1% in the last year. As of the time of this writing, it is trading at above $140 with a 52-week range of $129.50 to $165.35. Procter & Gamble reported more than $76 billion in revenue for 2021 and over $70 billion in 2020.
3. Meta Platforms (-3%)
Founded in 2004 and headquartered in Menlo Park, California, Meta Platforms (NASDAQ:META) develops and operates social media apps. The shares have lost more than 52% year to date and are down by almost 55% in the last year. As of the time of this writing, it is trading at above $159 with a 52-week range of $154.25 to $384.33. Meta Platforms reported more than $110 billion in revenue for 2021 and over $80 billion in 2020.
2. Merck & Co. (-3%)
Founded in 1891 and headquartered in Kenilworth, New Jersey, Merck (NYSE:MRK) offers health solutions through its prescription medicines, animal health products, vaccines, biologic therapies and consumer care product lines. The shares have gained almost 16% year to date and are up by over 16% in the last year. As of the time of this writing, it is trading at above $88 with a 52-week range of $70.89 to $95.72. Merck reported more than $48 billion in revenue for 2021 and over $41 billion in 2020.
1. AbbVie (-7%)
Founded in 2011 and headquartered in North Chicago, Illinois, AbbVie (NYSE:ABBV) is a biopharmaceutical company that focuses on developing and selling pharmaceutical products that treat conditions such as chronic autoimmune diseases. The shares have gained more than 4% year to date and are up by over 22% in the last year. As of the time of this writing, the company's shares are trading at above $140 with a 52-week range of $105.56 to $175.91. AbbVie reported more than $56 billion in revenue for 2021 and over $45 billion in 2020.