Rudi's View | 4:34 PM
By Rudi Filapek-Vandyck, Editor
Analysts at UBS have updated their 30 for '30 global equities list, which is an attempt to identify higher quality companies with a dependable, solid, sustainable growth path ahead for the coming five years, at least.
Given similarities with my own personal research into ASX-listed All-Weather companies, I very much applaud, and sympathise with the effort. The latest update saw the removal of US-listed life sciences services provider Iqvia Holdings. UBS sees challenges and headwinds impacting for longer, including margin pressures and thus better alternatives elsewhere.
Instead, AstraZeneca and HDFC Bank have been added. The first is labeled "an innovation leader with an underappreciated pipeline optionality", whereas HDFC Bank is a leading private sector bank in India and ranks among the top global banks by market capitalisation.
Before we move on to the other 28 companies selected, let's pause and digest first the research focus that underpins UBS's selections. The next decade, the analysts posit, is likely to favour companies using technology to disrupt other sectors.
Within this framework, the analysts' attention is centred around greentech, fintech, and health-tech sectors, as well as on artificial intelligence (AI) and cybersecurity inside global technology.
Collectively, the analysts see industry leaders for 2030 emerging from these sectors. Stocks selected for the 30 for '30 basket are expected to deliver superior earnings growth to the market, boosted by positive, durable structural trends supporting the theme.
The remaining 28 (all are listed in the US, for as long the SEC doesn't de-list Chinese companies as sometimes suggested by the US president):
-Air Liquide
-Alcon
-Alibaba Group
-Bank of America
-Barclays
-Crowdstrike Holdings
-Enel
-Euronext
-Goldman Sachs
-IntercontinentalExchange
-Intesa SanPaolo
-Intuitive Surgical
-Linde
-Lonza Group
-MasterCard
-Meta Platforms
-Microsoft
-Oracle
-Rolls Royce
-Salesforce
-ServiceNow
-Societe Generale
-Standard Chartered
-Stryker Corp
-TSMC
-Trane Technologies
-Uber Technologies
-Vonovia
My personal research into All-Weathers restricts itself to companies listed on the ASX (notably absent from the list above) with curated selections 24/7 available to paying subscribers at FNArena: https://fnarena.com/index.php/analysis-data/all-weather-stocks/
The FNArena-Vested Equities All-Weather Model Portfolio draws its inspiration and choices from those lists.
Sticking with the Australian focus, below are selections for Conviction lists, Best Buys and Model Portfolios as per their latest updates.
The full story is for FNArena subscribers only. To read the full story plus enjoy a free two-week trial to our service SIGN UP HERE
If you already had your free trial, why not join as a paying subscriber? CLICK HERE