A Global Perspective 2024
The Global companies researched for our portfolio play a huge role in sustaining the economy. Most of them pay dividends which is good for long-term investors. These companies cover all the sectors: Energy; Basic Materials; Industries; Cyclical Consumer Goods; Consumer Discretionary; Non-Cyclical Consumer Goods; Financials; Healthcare; Technology; Telecommunications Services; and Utilities. It is very important to have a diversified portfolio as Grandpa said: "Never put all of your eggs in one basket".
BUSINESS SUMMARY
A growth-oriented midstream energy partnership that has a diverse portfolio of customers & assets, including pipeline transportation of primarily crude oil and, to a lesser extent, natural gas & carbon dioxide in the Gulf Coast region of the United States.
Industry: Oil, Gas and Consumable Fuels
919 Milam Suite 2100
Houston, TX 77002
United States
2. Basic Materials: Sasol Limited (ADR) Ticker Symbol: SSL
BUSINESS SUMMARY
An integrated oil and gas company with complementary interests in coal, chemicals and the international development of synthetic-fuel ventures based on its proprietary Fischer-Tropsch technology.
Industry: Chemicals
Sasol Place 50 Katherine Street
Johannesburg, 2196
South Africa
3. Consumer Cyclicals: Volkswagen AG (ADR) (VWAGY)
Business Summary
Volkswagen AG is a Germany-based company that manufactures and sells vehicles. It operates through four segments: Passenger Cars, which covers the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business; Commercial vehicles, which comprises the development, production and sale of light commercial vehicles, trucks and buses, the genuine parts business and related services; Power Engineering, which consists of the development and production of large-bore diesel engines, turbo compressors, industrial turbines and chemical reactor systems, the production of gear units, propulsion components and testing systems, and Financial Services, which comprises dealer and customer financing, leasing, banking and insurance activities, fleet management and mobility services. Its brand portfolio includes Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.
Berliner Ring 2
Wolfsburg, 38440
Germany
4. Consumer Discretionary: Mohawk Industries Ticker Symbol: MHK
BUSINESS SUMMARY
The Company is a carpet and rug manufacturer and is also a manufacturer, marketer, and distributor of ceramic tile and natural stone in the United States as well as a producer of laminate flooring in the United States and Europe.
Industry: Household Durables
160 South Industrial Boulevard
Calhoun, GA 30701
United States
5. Non-Cyclical Consumer Goods: Danone SA (ADR) Ticker Symbol: DANOY
Business Summary
Danone SA is a France-based global food and beverage company. It operates through four segments: Essential Dairy and Plant-Based Products (EDP), Waters, and Specialized Nutrition, including Early Life Nutrition and Medical Nutrition. EDP produces and distributes fresh fermented dairy products and other dairy specialties, plant-based products and beverages, coffee creamers, and organic products; Waters sells bottled water and water sold in small and large containers; Early Life Nutrition offers baby formula (infant milk formula, follow-on milk, growing up milk), milk and fruit-based desserts, cereals, jars of baby food and ready-made baby food; Advanced Medical Nutrition offers adult or pediatric clinical nutrition products to be taken orally or through a tube in the event of malnutrition related to illness or other causes. The Company’s brand portfolio includes Activia, Actimel, Alpro, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, and Nutricia, among others.
Industry: Food Products
17, Boulevard Haussmann
Paris, 75009
France
www.danone.com
6. Financials: UBS Wealth Management Ticker Symbol: UBS
Business Summary
In March 2023, UBS agreed to buy Credit Suisse, one of its main competitors, for $3.25 billion (CHF 3 billion), in an emergency rescue deal.[204][205][206] On 29 March 2023, it was announced that Sergio Ermotti is returning as chief executive officer from 5 April 2023, replacing Ralph Hamers after just over two years in charge, after approval by the 5 April 2023 annual general meeting.[207] Hamers is expected to stay with the bank for a transition period.[208] UBS completed the acquisition on 12 June 2023.[209][210]
7. Healthcare: AstraZeneca plc (ADR) Ticker Symbol: AZN
Business Summary
AstraZeneca PLC is a biopharmaceutical company. It focuses on discovering and developing products, which are then manufactured, marketed, and sold. It focuses on three main therapy areas: Oncology, Cardiovascular, Renal & Metabolic (CVRM), and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection, and Neuroscience. In CVRM, it is expanding its portfolio into the cardiovascular-renal area with roxadustat, as well as investing in exploring the benefits of its SGLT2 and GLP-1 franchises in chronic kidney disease (CKD) and heart failure (HF). It has approximately 38 projects in Phase I, including 26 new molecular entities (NMEs), and 12 oncology combination projects. It has approximately 43 projects in Phase II, including 25 NMEs; six additional indications for projects that have reached Phase II, and 12 oncology combination projects. It has approximately 22 projects in late-stage development, either in Phase III/pivotal Phase II studies or under regulatory review.
Industry: Pharmaceuticals
1 Francis Crick Avenue Cambridge Biomedical Campus
Cambridge, CB2 0AA
United Kingdom
www.astrazeneca.com
8. Technology: Himax Technologies Inc.(ADR) Ticker Symbol: HIMX
Business Summary
Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer-level optics, which are used in a range of applications, such as mobile phones, tablets, laptops, televisions, personal computer cameras, automobiles, security, and medical devices.
Industry: Semiconductors and Semiconductor Equipment
No.26, Zih Lian Road Sinshih District
Tainan City, 74148
Taiwan
www.himax.com.tw
9. Telecommunications Services: America Movil Ticker Symbol: AMX
Business Summary
America Movil, S.A.B. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories, and computers, as well as other related services. Its segments are Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States, and Europe. The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Andean Region segment includes Ecuador and Peru. The Central America segment includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Caribbean segment includes the Dominican Republic and Puerto Rico. The Europe segment includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. It operates in all of its geographic segments under the Claro brand, except in Mexico, the United States, and Europe.
Industry: Wireless Telecommunication Services
Lago Zurich 245 Plaza Carso / Edificio Telcel, Piso 16 Miguel Hidalgo Miguel Hidalgo
Mexico City, DF 11529
Mexico
www.americamovil.com
10. Utilities: Iberdrola SA (ADR) Ticker Symbol: IBDRY
Business Summary
IBERDROLA, S.A. is engaged in carrying out electricity and gas activities in Spain and abroad. The Company's segments include Network business, Deregulated business, Renewable business, and Other businesses. The Company's Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States, and Brazil. Its Deregulated business segment includes electricity generation and sales businesses, as well as gas trading and storage businesses carried on by the Company in Spain, Portugal, the United Kingdom, and North America. Its Renewable business segment includes activities related to renewable energies in Spain, the United Kingdom, the United States, and the rest of the world. Its Other business segments include the engineering and construction businesses and the non-power businesses. The Company offers its customers power and natural gas in wholesale and retail markets.
Industry: Electric Utilities
Plaza Euskadi 5
Bilbao, 48009
Spain
www.iberdrola.com
Sources:
Bloomberg Markets; Reuters; Wall Street Journal; MSN Money; Motley Fool.
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