Why do many top profit-making companies lag in market cap?

Why do many top profit-making companies lag in market cap?

The five MAMAA stocks – Meta, Alphabet, Microsoft, Apple, and Amazon – account for 22 per cent of the S&P500’s market cap. This dominance of mega-corporations in market cap is a major trend in mature economies, and this trend is catching on in emerging markets like India too. A structural shift in the Indian economy, […]

Mid-cap finance stock declares  ₹8.50 per share dividend: Do you own?

Mid-cap finance stock declares ₹8.50 per share dividend: Do you own?

With a market valuation of ₹12,021.80 Cr, Computer Age Management Services Ltd (CAMS) is a mid-cap company that operates in the financial services industry. The organisation has over 25 years of experience providing financial infrastructure and services to Mutual Funds and other financial institutions. As of September 2022, CAMS served 69% of the average assets […]

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

The brokerage company ICICI Direct Research has recommended buying two multibagger stocks, Persistent Systems Limited and Indian Hotels Company Ltd. With a target price of ₹4,240.00 for Persistent Systems, the brokerage firm sees potential upside of up to 13%, while with a target price of ₹388.00 for Indian Hotels, it sees potential upside of up […]

This Stock is the ITC of Banking Sector

This Stock is the ITC of Banking Sector

Is Mahindra & Mahindra (M&M) the ITC of the auto sector? I asked this question to Equitymaster readers in November 2020. In the video, I explained the striking similarities between the best FMCG stocks in India and the evergreen automaker.  In both cases the financial numbers inspired confidence. But the market sentiments about the stocks were at […]

Trump SPAC’s Zealous Investors Are Both Blessing and Curse

Trump SPAC’s Zealous Investors Are Both Blessing and Curse

(Bloomberg) — There are 653 SPACs left in the US after the boom went bust last year. Only one of them still trades at the kind of frothy levels that was common during the height of the go-go days: Digital World Acquisition Corp. Digital World is the Miami-based company that’s planning to merge with Donald […]