large cap

Large Cap: what is a “cap?”

Large Cap: what is a “cap?”

Novice investors or even those allocating their 401K, often come across the terms “small cap,” “mid cap,” and “large cap.” Common perception is that this refers to the size of the company.  In a way that is correct, the term “cap” is short for market capitalization.  For investing purposes, market capitalization is calculated by multiplying […]