"Large-cap" refers to companies with a market capitalization of $10 billion or more. These companies are typically well-established and financially stable, often leading their industries. Investors often view large-cap stocks as safer investments due to their size and market presence.
Large-cap stocks are commonly included in major stock indices, such as the S&P 500 or the Dow Jones Industrial Average. They tend to have more liquidity, meaning they can be bought and sold more easily than smaller companies. This makes them attractive to both individual and institutional investors looking for steady growth and dividends.