Prevailing investment wisdom has declared active management of mid- to large-cap stocks a futile endeavor. Large-cap, or "large market capitalization," refers to the stocks of the largest, most highly valued companies in publicly traded securities markets. With market capitalization values of roughly more than $10 billion, these companies include many of the most recognized businesses in the world--from Walmart and Microsoft to General Electric and McDonald's. Their stocks, many investment experts contend, offer few chances to be opportunistic, but The Large-Cap Portfolio + Website: Value Investing and the Hidden Opportunity in Big Company Stocks takes a different view. Contrarian and revolutionary, the book presents readers with a unique new methodology for identifying and approaching major assumptions about stock valuation, so that you can make better, more informed decisions about where to invest. Exploring the issues most relevant to analyzing large-cap stocks, author and portfolio manager Thomas Villalta looks at the opportunities and challenges large-caps present. Encompassing a wide array of relevant subjects, the book includes chapters on trends, growth, research, and other essential topics, making it a must-have resource for anyone looking to buy stocks in large-caps--from professional investors to savvy amateurs. Incorporating real-world examples to bring the concepts of assessment and valuation to life, the book includes an in-depth case study of Hewlett-Packard that walks you through the process of evaluating a large-cap opportunity step by step.
In addition, a dedicated chapter on portfolio management offers additional insights and examples so that you can build a portfolio that's capable of outperforming relevant benchmarks. And for even more immersion, the book provides readers with access to a supplemental website loaded with further resources. Accessible and comprehensive, The Large-Cap Portfolio brings together essential informationon how to capitalize on the stocks that mostinvestors steer clear of. There's money to bemade in large-caps, and this book is your guideto seizing the opportunities in this important segment of the market.