These Were The Five Best And Worst-Performing Mega-Cap Stocks In May 2022

June 1, 2022

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By Aman Jain. Originally published at ValueWalk.

May 2022 wasn’t good for the U.S. stock market overall. All three leading indices ended down for the month in May, with the S&P 500, Nasdaq 100 and Dow 30 posting a negative return of 0.56$, 3.32% and 0.22%, respectively. Amid such a backdrop, let’s take a look at the five best and worst-performing mega-cap stocks in May 2022.

Best-Performing Mega-Cap Stocks In May 2022

We have used the monthly return data of the mega-cap stocks (from finviz.com) to rank the ten best and worst-performing mega-cap stocks in May 2022. First, let’s take a look at the five best-performing mega-cap stocks in May 2022:

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Pfizer (8%)

Founded in 1849 and headquartered in New York City, it is a biopharmaceutical company. Pfizer Inc. (NYSE:PFE) shares are down by over 10% year-to-date but are up by almost 37% in the last year. The company posted revenue of more than $81 billion in 2021 and over $41 billion in 2020. Pfizer shares are presently trading at over $53 and have a 52-week range of $38.48 to $61.71.

Verizon Communications (11%)

Founded in 1983 and headquartered in New York City, this company offers communications, information, and entertainment products and services. Verizon Communications Inc. (NYSE:VZ) shares are down by over 1% year-to-date and over 9% in the last year. The company posted revenue of more than $133 billion in 2021 and over $128 billion in 2020. Verizon Communications shares are presently trading at over $51, and have a 52-week range of $45.55 to $57.61.

JPMorgan Chase (11%)

Founded in 1968 and headquartered in New York City, this company offers financial and investment banking services. JPMorgan Chase & Co (NYSE:JPM) shares are down by almost 17% year-to-date and over 20% in the last year. The company posted revenue of more than $57 billion in 2021 and over $64 billion in 2020. JPMorgan Chase shares are presently trading at over $132, and have a 52-week range of $115.02 to $172.96.

Chevron (11%)

Founded in 1906 and headquartered in San Ramon, Calif., this company offers services, including administrative, financial management, and technology, for energy and chemical operations. Chevron Corporation (NYSE:CVX) shares are up by almost 49% year-to-date and almost 62% in the last year. The company posted revenue of more than $156 billion in 2021 and over $94 billion in 2020. Chevron shares are presently trading at over $175, and have a 52-week range of $92.86 to $180.96.

Exxon Mobil (13%)

Founded in 1882 and headquartered in Irving, Texas, this company explores, develops and distributes oil, gas, and petroleum products. Exxon Mobil Corp (NYSE:XOM) shares are up almost 57% year-to-date and over 64% in the last year. The company posted revenue of more than $280 billion in 2021 and over $178 billion in 2020. Exxon Mobil shares are presently trading at over $97, and have a 52-week range of $52.10 to $99.78.

Worst-Performing Mega-Cap Stocks In May 2022

Now let’s look at the five worst-performing mega-cap stocks in May 2022:

Apple (-5%)

Founded in 1976 and headquartered in Cupertino, Calif., this company deals in smartphones, wearables, personal computers, tablets, accessories and related software services. Apple Inc (NASDAQ:AAPL) shares are down by over 16% year-to-date but are up by over 19% in the last year. The company posted revenue of more than $365 billion in 2021 and over $274 billion in 2020. Apple shares are presently trading at over $148, and have a 52-week range of $123.13 to $182.94

Procter & Gamble (-8%)

Founded in 1837 and headquartered in Cincinnati, Ohio, it is a consumer goods company. Procter & Gamble Co (NYSE:PG) shares are down by almost 10% year-to-date but are up by almost 11% in the last year. The company posted revenue of more than $76 billion in 2021 and over $70 billion in 2020. Procter & Gamble shares are presently trading at over $148, and have a 52-week range of $131.94 to $165.35.

Costco Wholesale (-12%)

Founded in 1983 and headquartered in Issaquah, Wash., this company operates a chain of membership-only big box retail stores. Costco Wholesale Corporation (NASDAQ:COST) shares are down by almost 18% year-to-date but are up by over 22% in the last year. The company posted revenue of more than $195 billion in 2021 and over $166 billion in 2020. Costco shares are presently trading at over $465, and have a 52-week range of $377.12 to $612.27.

Tesla (-13%)

Founded in 2003 and headquartered in Austin, Texas, this company develops and sells fully electric vehicles, as well as energy generation and storage systems. Tesla Inc (NASDAQ:TSLA) shares are down by over 28% year-to-date but are up over 21% in the last year. The company posted revenue of more than $53 billion in 2021 and over $31 billion in 2020. Tesla shares are presently trading at over $750, and have a 52-week range of $571.22 to $1,243.49.

Walmart (-16%)

Founded in 1945 and headquartered in Bentonville, Ariz., this company operates a chain of hypermarkets, discount department stores, and grocery stores. Walmart Inc (NYSE:WMT) shares are down by over 11% year-to-date and by over 9% in the last year. The company posted revenue of more than $280 billion in 2021 and over $178 billion in 2020. Walmart shares are presently trading at over $128, and have a 52-week range of $117.27 to $160.77.