Large-cap stocks don’t have to be boring. Businesses with market capitalizations of more than $10 billion can certainly add ballast to your portfolio, but they can also provide a powerful growth element. In fact, some enormous companies are growing rapidly and have massive expansion opportunities still ahead.
The tech titan
Alphabet is one of the most powerful companies on the planet. The $900 billion behemoth dominates the digital advertising market with its Google search engine. Google’s share of the global internet search market routinely exceeds 90%. It’s an incredibly profitable business — one that’s produced billions of dollars of profits for Alphabet and tremendous wealth for its shareholders.
Google is so dominant that regulators are investigating whether its advertising practices are allowing it to unfairly benefit over its rivals. But while regulatory concerns are a bit of a black cloud hanging over Alphabet’s stock, even if Google is forced to make some concessions to appease lawmakers, it’s unlikely to disrupt the search king’s place atop the industry.
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