What Are Large-Cap Stocks?

Fritz Mowery, a resident of Dallas, Texas, was the senior vice president and senior portfolio manager at Comerica Bank, where he managed over $12 billion in assets. He currently serves as president and chief investment officer at Mowery Capital Management, LLC. Fritz Mowery possesses over three decades of portfolio and asset management experience, with an equity portfolio consisting of mainly large-cap stocks.

Large-cap stocks are stocks of companies with value or market capitalization (the total value of a company's equity) of more than $10 billion. These stocks pose less risk compared to others. Also safe and stable, they pay reasonable dividends to their investors.

Examples of large-cap companies are Amazon, Apple, Walmart, Microsoft, and Facebook. While large-cap stocks are stable and safe, their stock prices do not grow rapidly like other smaller companies; thus, they may be unsuitable for some investors.

Big-cap companies are known for their transparency, making it easier for investors to evaluate public information about them. Large-cap stocks can be a valuable source of income when bond profits are low due to government activities to stimulate an economy. Furthermore, they usually out-perform the market towards the end of a business cycle expansion phase when an economy rises swiftly. 

An Overview of Asset Management

Fritz Mowery serves as president and chief investment officer at Mowery Capital Management, LLC, and was a former senior vice president/senior portfolio manager at Comerica Bank in Dallas, Texas. His equity portfolio management style supports growth at a reasonable price. With 33 years of experience, Fritz Mowery and his firm oversee clients' custodial accounts by providing asset management services.

An asset management process utilizes financial instruments to increase the value of invested assets over time. In the same vein, an asset manager is tasked with a mandate: to grow clients' investment portfolios.

Asset managers conduct extensive research using both micro and macro analytical tools before investing. The analysis may consist of interviews with company officials as well as statistical analysis of current market trends. Investment opportunities could be government financing such as sovereign bonds, or private sector financings like bond or equity purchases, real estate, mutual funds, and alternative investments.

Asset management has numerous benefits, including identifying, mitigating, and managing risks. It also enables a company or individual to keep tabs on all their assets, remove ghost assets in the firm, and guarantee correct amortization rates.