Lurking - Big Cap Only

There are about 50 big cap names I keep an eye on. There are about 500 US headquartered companies with market caps over $10 billion. The cutoff is artificial, but reasonable.

Right now my Top 20 Model has 5 big caps - Tyson, Kinder Morgan, Halliburton, Corteva, and Nutrien. In a perfect world, that is a few too many. I think in a world that was 30% off its high, I might not own a single big cap. With the market at extended valuations, I am willing “play some defense”. I could substitute Mosaic for Nutrien, and Helmrich & Payne for Halliburton, but for now I will stick with the big caps. There is no calculation to make this assessment, it is purely a judgement call.

My top 50, over $10 billion, ranked in order:

1. Dow Chemical

2. Phillips 66

3. Newmont

4. Corning

5. Sysco

6. ConAgra

7. Kimberly Clark

8. Bristol Myers

9. AES

10. Estee Lauder

11. CNH Industrial

12. Philip Morris Int.

13. Williams Co.

14. Jacobs Solutions

15. Verizon

16. HP Enterprises

17. International Flavors

18. Mondelez

19. McCormick

20. Las Vegas Sands

21. Interpublic

22. Keuring Dr Pepper

23. GE Vernova

24. Intel

25. Albermarle

26. Devon Energy

27. Diamondback

28. Baxter

29. Zebra Tech.

30. Ball Corp.

31. Williams Sonoma

32. Diageo

33. Disney

34. Carmax

35. Stanley Black & Decker

36. Ford

37. Hologic

38. Clorox

39. Brown Forman

40. Keysight

41. Dollar General

42. Freeport McMoran

43. Federated

44. Lazard

45. Archer Daniels

46. Aramark

47. Norfolk Southern

48. Mongo DB

49. Masco

50. Celanese

51. Rio Tinto

52. Viatris

53. MKS Instrument

54. Dominion Energy

55. Nike

56. Roblox

57. Air Products

58. Teradyne

59. Xylem