Stock research
Every stock, read through the flows.
Communication Services
Internet platforms, media, gaming, and telecom — advertising-driven mega-caps sitting alongside capital-intensive carriers.
Alphabet Inc.
GOOGLAlphabet is the parent of Google, which operates the world's dominant search engine, YouTube, the Android platform, and the Google Cloud business.
Meta Platforms, Inc.
METAMeta owns Facebook, Instagram, WhatsApp, and Messenger, reaching billions of users through advertising-supported social platforms.
Netflix, Inc.
NFLXNetflix is the largest subscription streaming service, producing and licensing film and television content for a global audience.
The Walt Disney Company
DISDisney spans film and television studios, theme parks and resorts, consumer products, and the Disney+ streaming service.
Comcast Corporation
CMCSAComcast is a major US cable and broadband provider that also owns NBCUniversal and the Peacock streaming platform.
AT&T Inc.
TAT&T is one of the largest US wireless carriers and a major provider of fiber broadband.
Verizon Communications Inc.
VZVerizon operates a leading US wireless network alongside a growing fiber and broadband footprint.
T-Mobile US, Inc.
TMUST-Mobile is a major US wireless carrier known for its early nationwide 5G rollout following its merger with Sprint.
Alphabet Inc.
GOOGAlphabet's Class C shares represent the parent of Google, whose businesses span search, YouTube, Android, cloud, and AI research..
Charter Communications, Inc.
CHTRCharter Communications provides broadband, cable TV, and mobile service under the Spectrum brand..
Electronic Arts Inc.
EAElectronic Arts develops and publishes video games including its EA Sports franchises, Battlefield, and The Sims..
Take-Two Interactive Software, Inc.
TTWOTake-Two Interactive publishes blockbuster video games including Grand Theft Auto, NBA 2K, and titles from Zynga..
Warner Bros. Discovery, Inc.
WBDWarner Bros.
Omnicom Group Inc.
OMCOmnicom is a global advertising and marketing holding company managing agencies across media, PR, and digital..
The Interpublic Group of Companies, Inc.
IPGInterpublic Group operates a network of advertising, media-buying, and marketing agencies for global brands..
Live Nation Entertainment, Inc.
LYVLive Nation Entertainment promotes concerts, operates venues, and runs the Ticketmaster ticketing platform..
Fox Corporation
FOXAFox Corporation owns Fox News, the Fox broadcast network, and Fox Sports television operations..
Fox Corporation
FOXFox Corporation's non-voting shares represent its portfolio of news, sports, and broadcast television businesses..
News Corporation
NWSANews Corp publishes newspapers and books and owns Dow Jones, realtor.com, and digital real-estate listings..
News Corporation
NWSNews Corp's Class B shares represent its media, publishing, and digital real-estate holdings..
Match Group, Inc.
MTCHMatch Group operates online dating apps including Tinder, Hinge, and Match.com..
Consumer Discretionary
Retail, autos, travel, and restaurants — spending that expands when confidence and real incomes rise, and contracts first when they fall.
Amazon.com, Inc.
AMZNAmazon runs the largest US e-commerce marketplace and, through AWS, the leading cloud-computing platform.
Tesla, Inc.
TSLATesla is the leading maker of battery-electric vehicles and a producer of energy-storage and solar products.
The Home Depot, Inc.
HDHome Depot is the largest US home-improvement retailer, serving both do-it-yourself consumers and professional contractors.
McDonald's Corporation
MCDMcDonald's operates and franchises one of the world's largest fast-food restaurant systems across more than 100 countries.
NIKE, Inc.
NKENike is the world's largest athletic footwear and apparel brand, selling through wholesale partners and a growing direct-to-consumer channel.
Starbucks Corporation
SBUXStarbucks operates and licenses the largest chain of coffeehouses in the world, with China as a key growth and competitive battleground.
Lowe's Companies, Inc.
LOWLowe's is the second-largest US home-improvement retailer, competing directly with Home Depot for DIY and pro customers.
Booking Holdings Inc.
BKNGBooking Holdings operates leading online travel brands including Booking.com, Priceline, and Kayak.
The TJX Companies, Inc.
TJXTJX runs off-price retail chains such as T.J.
General Motors Company
GMGeneral Motors is a major US automaker whose brands include Chevrolet, GMC, Buick, and Cadillac.
Ford Motor Company
FFord is one of the oldest US automakers, best known for the F-Series pickups that anchor its profits.
O'Reilly Automotive, Inc.
ORLYO'Reilly Automotive sells replacement auto parts, tools, and accessories to retail customers and professional mechanics..
AutoZone, Inc.
AZOAutoZone is a leading retailer of aftermarket automotive parts and accessories across the Americas..
Marriott International, Inc.
MARMarriott International franchises and manages a global portfolio of hotel brands spanning luxury to economy..
Hilton Worldwide Holdings Inc.
HLTHilton operates and franchises a worldwide network of hotels and resorts across multiple lodging brands..
Chipotle Mexican Grill, Inc.
CMGChipotle Mexican Grill operates a fast-casual restaurant chain serving made-to-order burritos, bowls, and tacos..
Ross Stores, Inc.
ROSTRoss Stores runs off-price retail chains Ross Dress for Less and dd's Discounts selling discounted apparel and home goods..
Yum! Brands, Inc.
YUMYum! Brands franchises the KFC, Taco Bell, and Pizza Hut fast-food chains worldwide..
D.R. Horton, Inc.
DHID.R.
Lennar Corporation
LENLennar builds single-family homes and provides related mortgage and title services across the United States..
NVR, Inc.
NVRNVR builds homes under Ryan Homes and other brands and operates a mortgage-banking arm..
PulteGroup, Inc.
PHMPulteGroup constructs and sells homes for first-time, move-up, and active-adult buyers nationwide..
Garmin Ltd.
GRMNGarmin makes GPS navigation and wearable devices for fitness, aviation, marine, and automotive uses..
eBay Inc.
EBAYeBay operates a global online marketplace connecting buyers and sellers of new and used goods..
Aptiv PLC
APTVAptiv supplies electrical architecture, sensors, and software that power advanced safety and connected-vehicle features..
Tractor Supply Company
TSCOTractor Supply is a rural-lifestyle retailer selling farm supplies, pet products, tools, and equipment..
Darden Restaurants, Inc.
DRIDarden Restaurants owns full-service dining chains including Olive Garden and LongHorn Steakhouse..
lululemon athletica inc.
LULULululemon designs and sells premium athletic apparel and accessories for yoga, running, and training..
Expedia Group, Inc.
EXPEExpedia Group operates online travel booking brands including Expedia, Hotels.com, and Vrbo..
Ulta Beauty, Inc.
ULTAUlta Beauty runs specialty stores selling cosmetics, skincare, fragrance, and salon services..
Genuine Parts Company
GPCGenuine Parts distributes automotive replacement parts through NAPA and industrial parts to businesses..
Pool Corporation
POOLPool Corporation is the largest wholesale distributor of swimming-pool supplies and outdoor-living products..
Best Buy Co., Inc.
BBYBest Buy is a consumer-electronics retailer selling computers, appliances, and gadgets with in-home tech services..
Domino's Pizza, Inc.
DPZDomino's Pizza operates and franchises a global pizza-delivery and carryout chain built around digital ordering..
Hasbro, Inc.
HASHasbro makes toys and games and licenses entertainment brands including Magic: The Gathering and Dungeons & Dragons..
CarMax, Inc.
KMXCarMax is the largest US used-car retailer, selling vehicles through stores and an online platform..
Las Vegas Sands Corp.
LVSLas Vegas Sands develops and operates integrated resorts and casinos concentrated in Macao and Singapore..
Wynn Resorts, Limited
WYNNWynn Resorts owns luxury casino resorts in Las Vegas and Macao and is developing new properties..
MGM Resorts International
MGMMGM Resorts operates casino hotels on the Las Vegas Strip and in regional markets plus online gaming..
Caesars Entertainment, Inc.
CZRCaesars Entertainment runs casinos and resorts across the US along with a digital sports-betting platform..
Royal Caribbean Cruises Ltd.
RCLRoyal Caribbean operates cruise lines offering vacation voyages across global itineraries..
Carnival Corporation & plc
CCLCarnival is the world's largest cruise operator, running multiple cruise brands on itineraries worldwide..
Norwegian Cruise Line Holdings Ltd.
NCLHNorwegian Cruise Line Holdings operates cruise brands offering leisure voyages across global destinations..
Deckers Outdoor Corporation
DECKDeckers designs and markets footwear and apparel brands including UGG and HOKA..
Tapestry, Inc.
TPRTapestry owns the Coach, Kate Spade, and Stuart Weitzman accessories and fashion brands..
Ralph Lauren Corporation
RLRalph Lauren designs and markets premium apparel, accessories, and home goods under its namesake lifestyle brands..
Williams-Sonoma, Inc.
WSMWilliams-Sonoma is a home-furnishings retailer with brands including Pottery Barn, West Elm, and its namesake stores..
LKQ Corporation
LKQLKQ distributes alternative and recycled collision and mechanical auto parts to repair shops..
Consumer Staples
Food, beverages, household goods, and tobacco — the classic defensive sector where pricing power meets inelastic demand.
Walmart Inc.
WMTWalmart is the world's largest retailer by revenue, operating supercenters, warehouse clubs, and a fast-growing e-commerce and advertising business.
Costco Wholesale Corporation
COSTCostco runs a membership warehouse-club model that earns much of its profit from annual membership fees rather than product markups.
The Procter & Gamble Company
PGProcter & Gamble makes household and personal-care brands such as Tide, Pampers, Gillette, and Crest.
The Coca-Cola Company
KOCoca-Cola is the world's largest nonalcoholic beverage company, selling sparkling drinks, water, juice, and coffee through a global bottling network.
PepsiCo, Inc.
PEPPepsiCo combines a global beverage business with the Frito-Lay and Quaker snack and food franchises.
Philip Morris International Inc.
PMPhilip Morris International sells tobacco products outside the United States and is shifting toward smoke-free alternatives such as its IQOS heated-tobacco system.
Mondelez International, Inc.
MDLZMondelez owns global snack brands including Oreo, Cadbury, and Ritz, with strong positions in chocolate and biscuits.
Colgate-Palmolive Company
CLColgate-Palmolive is a leader in oral care and also sells personal-care, home-care, and pet-nutrition products worldwide.
Altria Group, Inc.
MOAltria makes Marlboro cigarettes and smoke-free nicotine products for the US market..
Kimberly-Clark Corporation
KMBKimberly-Clark makes tissue and personal-care products including Huggies, Kleenex, and Kotex..
General Mills, Inc.
GISGeneral Mills makes packaged foods including Cheerios cereal, Betty Crocker mixes, and Blue Buffalo pet food..
Monster Beverage Corporation
MNSTMonster Beverage develops and markets energy drinks sold globally under the Monster and Reign brands..
Sysco Corporation
SYYSysco is the largest US foodservice distributor, supplying food and equipment to restaurants and institutions..
Keurig Dr Pepper Inc.
KDPKeurig Dr Pepper makes soft drinks and single-serve coffee systems including Dr Pepper, Snapple, and Keurig..
The Kraft Heinz Company
KHCKraft Heinz makes packaged foods and condiments including Heinz ketchup, Kraft cheese, and Oscar Mayer..
Constellation Brands, Inc.
STZConstellation Brands produces and imports beer, wine, and spirits including Corona and Modelo in the US..
The Hershey Company
HSYHershey makes chocolate and confectionery brands including Hershey's, Reese's, and Kisses..
Kellanova
KKellanova makes snack and cereal brands including Pringles, Cheez-It, and Pop-Tarts..
Archer-Daniels-Midland Company
ADMArcher-Daniels-Midland processes and trades agricultural commodities such as grains, oilseeds, and food ingredients..
The Kroger Co.
KRKroger operates one of the largest US supermarket chains along with pharmacies and private-label brands..
Target Corporation
TGTTarget is a general-merchandise retailer selling apparel, groceries, and home goods through stores and online..
Dollar General Corporation
DGDollar General operates small-format discount stores serving rural and lower-income communities..
Dollar Tree, Inc.
DLTRDollar Tree runs discount variety stores selling merchandise at low fixed price points..
McCormick & Company, Incorporated
MKCMcCormick makes spices, seasonings, and flavorings for retail consumers and food manufacturers..
Church & Dwight Co., Inc.
CHDChurch & Dwight makes household and personal-care products including Arm & Hammer and OxiClean..
The Clorox Company
CLXClorox makes cleaning, disinfecting, and household brands including Clorox bleach, Pine-Sol, and Brita..
Hormel Foods Corporation
HRLHormel Foods makes branded meat and food products including Spam, Skippy, and Jennie-O turkey..
Tyson Foods, Inc.
TSNTyson Foods is a leading processor of chicken, beef, and pork and packaged protein products..
Conagra Brands, Inc.
CAGConagra Brands makes packaged and frozen foods including Healthy Choice, Slim Jim, and Duncan Hines..
The Estée Lauder Companies Inc.
ELEstée Lauder makes prestige skincare, makeup, and fragrance brands sold in department stores and travel retail..
Kenvue Inc.
KVUEKenvue makes consumer-health brands including Tylenol, Band-Aid, Listerine, and Neutrogena..
The J. M. Smucker Company
SJMJ.M.
Walgreens Boots Alliance, Inc.
WBAWalgreens Boots Alliance operates retail pharmacy chains in the US and abroad and provides healthcare services..
Bunge Global SA
BGBunge processes oilseeds and grains and produces edible oils and agricultural commodities worldwide..
Energy
Oil and gas producers, refiners, and services — cash-flow machines when commodity prices are high, and a hedge against inflation and conflict.
Exxon Mobil Corporation
XOMExxonMobil is one of the largest publicly traded integrated oil companies, active in exploration, refining, and chemicals worldwide.
Chevron Corporation
CVXChevron is a global integrated energy company spanning upstream production, refining, and chemicals.
ConocoPhillips
COPConocoPhillips is one of the largest independent oil and gas exploration and production companies, focused on the upstream business.
Schlumberger Limited
SLBSLB is the world's largest oilfield-services company, providing drilling, well-completion, and reservoir technology to producers.
EOG Resources, Inc.
EOGEOG Resources is a large US shale-focused oil and gas producer known for its low-cost drilling and disciplined capital returns.
The Williams Companies, Inc.
WMBWilliams operates natural-gas pipelines and processing infrastructure, including the major Transco system serving the eastern United States.
Kinder Morgan, Inc.
KMIKinder Morgan owns one of the largest energy-infrastructure networks in North America, moving natural gas, refined products, and carbon dioxide through its pipelines and terminals.
Marathon Petroleum Corporation
MPCMarathon Petroleum refines crude oil and markets fuel through a large US refining and pipeline network..
Phillips 66
PSXPhillips 66 refines crude oil and operates midstream, chemicals, and fuel-marketing businesses..
ONEOK, Inc.
OKEONEOK gathers, processes, and transports natural gas and natural-gas liquids across pipelines..
Valero Energy Corporation
VLOValero Energy refines crude oil into fuels and produces renewable diesel and ethanol..
Occidental Petroleum Corporation
OXYOccidental Petroleum produces oil and gas and operates chemicals and carbon-capture ventures..
Hess Corporation
HESHess explores for and produces crude oil and natural gas, with a major stake in offshore Guyana..
Diamondback Energy, Inc.
FANGDiamondback Energy produces oil and natural gas from the Permian Basin in West Texas..
Baker Hughes Company
BKRBaker Hughes provides oilfield services and energy technology, including turbines for LNG facilities..
Halliburton Company
HALHalliburton provides drilling, completion, and production services to oil and gas producers..
Devon Energy Corporation
DVNDevon Energy explores for and produces oil and natural gas from US onshore basins..
Targa Resources Corp.
TRGPTarga Resources gathers, processes, and transports natural gas and natural-gas liquids..
Coterra Energy Inc.
CTRACoterra Energy produces oil and natural gas from shale assets in Texas and the Appalachian region..
EQT Corporation
EQTEQT is a leading US natural-gas producer focused on the Appalachian Marcellus and Utica shales..
Expand Energy Corporation
EXEExpand Energy is one of the largest US natural-gas producers, operating across major shale basins..
Financials
Banks, insurers, asset managers, and exchanges — the plumbing of capital markets, geared directly to interest rates and credit.
Berkshire Hathaway Inc.
BRK-BBerkshire Hathaway is a diversified holding company with insurance, railroad, energy, and manufacturing operations, plus a large equity portfolio.
JPMorgan Chase & Co.
JPMJPMorgan Chase is the largest US bank by assets, with leading positions in consumer banking, investment banking, and asset management.
Visa Inc.
VVisa operates the world's largest electronic-payments network, earning fees on card transactions rather than lending.
Mastercard Incorporated
MAMastercard runs a global payments network that processes card and digital transactions for banks and merchants.
Bank of America Corporation
BACBank of America is a leading US retail and commercial bank with a large wealth-management arm through Merrill.
Wells Fargo & Company
WFCWells Fargo is a major US bank focused on consumer lending, commercial banking, and mortgages.
The Goldman Sachs Group, Inc.
GSGoldman Sachs is a leading global investment bank strong in advisory, trading, and asset and wealth management.
Morgan Stanley
MSMorgan Stanley pairs an investment bank with a large wealth-management platform built through major acquisitions.
BlackRock, Inc.
BLKBlackRock is the world's largest asset manager, overseeing index funds, active strategies, and the iShares ETF lineup.
The Charles Schwab Corporation
SCHWCharles Schwab is a leading brokerage and wealth-management firm serving individual investors and advisors.
American Express Company
AXPAmerican Express is a payments and card company that both issues cards and runs its own network, targeting premium and business customers.
Citigroup Inc.
CCitigroup is a global bank with a distinctive strength in cross-border corporate banking, treasury services, and payments.
S&P Global Inc.
SPGIS&P Global provides credit ratings, market data, and financial indices used across capital markets..
The Progressive Corporation
PGRProgressive is a leading auto and property insurer known for direct-to-consumer and usage-based policies..
Chubb Limited
CBChubb is a global property-and-casualty insurer serving commercial and high-net-worth personal clients..
Marsh & McLennan Companies, Inc.
MMCMarsh & McLennan provides insurance brokerage, risk advisory, and human-capital consulting..
The PNC Financial Services Group, Inc.
PNCPNC Financial Services is a regional bank providing retail, corporate, and asset-management services..
U.S. Bancorp
USBU.S.
Truist Financial Corporation
TFCTruist Financial is a regional bank formed from BB&T and SunTrust serving the Southeast and beyond..
Capital One Financial Corporation
COFCapital One is a bank and card issuer focused on credit cards, auto lending, and digital banking..
Aon plc
AONAon provides insurance and reinsurance brokerage plus risk, retirement, and health consulting..
Intercontinental Exchange, Inc.
ICEIntercontinental Exchange operates the New York Stock Exchange and other markets plus mortgage and data services..
CME Group Inc.
CMECME Group runs the largest derivatives marketplace, trading futures and options on rates, equities, and commodities..
Moody's Corporation
MCOMoody's provides credit ratings, research, and risk-analytics tools for debt markets..
Arthur J. Gallagher & Co.
AJGArthur J.
PayPal Holdings, Inc.
PYPLPayPal operates digital-payment platforms including PayPal, Venmo, and Braintree for online and in-store commerce..
MetLife, Inc.
METMetLife provides life insurance, annuities, and employee-benefits products across global markets..
American International Group, Inc.
AIGAmerican International Group is a global insurer offering commercial property-casualty and life coverage..
Prudential Financial, Inc.
PRUPrudential Financial provides life insurance, annuities, retirement products, and asset management..
The Travelers Companies, Inc.
TRVTravelers is a property-and-casualty insurer serving businesses, individuals, and specialty markets..
Aflac Incorporated
AFLAflac sells supplemental health and life insurance, with major operations in the US and Japan..
The Allstate Corporation
ALLAllstate provides auto, home, and other personal insurance to US consumers..
The Bank of New York Mellon Corporation
BKBNY Mellon provides custody, asset servicing, and treasury services to institutional investors..
State Street Corporation
STTState Street provides investment servicing and management, including the SPDR ETF family..
Ameriprise Financial, Inc.
AMPAmeriprise Financial provides wealth management, advice, and asset management for individuals..
Discover Financial Services
DFSDiscover Financial issues credit cards and operates its own payments network and online banking..
Fidelity National Information Services, Inc.
FISFIS provides banking and payments technology that powers financial institutions and merchants..
Fiserv, Inc.
FIFiserv provides payment processing and financial technology, including the Clover merchant platform..
Global Payments Inc.
GPNGlobal Payments provides merchant payment processing and software for businesses..
The Hartford Financial Services Group, Inc.
HIGThe Hartford is a property-casualty and group-benefits insurer serving businesses and individuals..
Willis Towers Watson Public Limited Company
WTWWillis Towers Watson provides insurance brokerage, risk advisory, and human-capital consulting..
MSCI Inc.
MSCIMSCI provides investment indices, analytics, and ESG research used by asset managers worldwide..
Nasdaq, Inc.
NDAQNasdaq operates stock exchanges and provides market technology, data, and listing services..
KKR & Co. Inc.
KKRKKR is a global private-equity and alternative-asset manager investing in buyouts, credit, and infrastructure..
Blackstone Inc.
BXBlackstone is the world's largest alternative-asset manager, investing in real estate, private equity, and credit..
Apollo Global Management, Inc.
APOApollo Global Management is an alternative-asset manager focused on credit, private equity, and insurance..
Ares Management Corporation
ARESAres Management is an alternative investment firm specializing in credit, private equity, and real assets..
T. Rowe Price Group, Inc.
TROWT.
Fifth Third Bancorp
FITBFifth Third Bancorp is a Midwest regional bank providing consumer and commercial banking..
M&T Bank Corporation
MTBM&T Bank is a regional bank serving customers across the eastern United States..
Huntington Bancshares Incorporated
HBANHuntington Bancshares is a regional bank providing retail and commercial banking in the Midwest..
Regions Financial Corporation
RFRegions Financial is a Southeast regional bank offering consumer, commercial, and wealth services..
Citizens Financial Group, Inc.
CFGCitizens Financial Group is a regional bank serving consumers and businesses in the Northeast and Midwest..
KeyCorp
KEYKeyCorp is a regional bank providing retail and commercial banking and investment services..
Northern Trust Corporation
NTRSNorthern Trust provides wealth management, asset servicing, and custody for wealthy families and institutions..
Synchrony Financial
SYFSynchrony Financial issues store-branded and private-label credit cards through retail partners..
W. R. Berkley Corporation
WRBW.
Arch Capital Group Ltd.
ACGLArch Capital Group provides insurance, reinsurance, and mortgage insurance on a global basis..
Brown & Brown, Inc.
BROBrown & Brown is an insurance brokerage placing coverage for businesses and individuals..
Loews Corporation
LLoews Corporation is a holding company with interests in commercial insurance, energy, and hospitality..
Cincinnati Financial Corporation
CINFCincinnati Financial sells property-casualty and life insurance through independent agents..
Principal Financial Group, Inc.
PFGPrincipal Financial Group provides retirement plans, insurance, and asset management..
Raymond James Financial, Inc.
RJFRaymond James provides wealth management, investment banking, and brokerage services..
Markel Group Inc.
MKLMarkel Group is a specialty insurer that also holds a diversified portfolio of investments and businesses..
FactSet Research Systems Inc.
FDSFactSet provides financial data, analytics, and software to investment professionals..
Invesco Ltd.
IVZInvesco is an asset manager offering mutual funds and ETFs, including the popular QQQ fund..
Health Care
Pharmaceuticals, biotech, medical devices, and managed care — defensive demand paired with binary drug and regulatory catalysts.
Eli Lilly and Company
LLYEli Lilly is a pharmaceutical company whose GLP-1 diabetes and obesity treatments have become blockbuster franchises.
Johnson & Johnson
JNJJohnson & Johnson develops prescription pharmaceuticals and medical devices following the spin-off of its consumer-health business.
UnitedHealth Group Incorporated
UNHUnitedHealth is the largest US health insurer and, through Optum, a major provider of pharmacy benefits, health services, and data analytics.
Merck & Co., Inc.
MRKMerck is a research-driven pharmaceutical company whose Keytruda immunotherapy is one of the world's top-selling cancer drugs.
AbbVie Inc.
ABBVAbbVie is a biopharmaceutical company known for immunology drugs, aesthetics, and neuroscience treatments.
Pfizer Inc.
PFEPfizer is a global pharmaceutical company with a broad portfolio spanning vaccines, oncology, and internal medicine.
Thermo Fisher Scientific Inc.
TMOThermo Fisher supplies laboratory instruments, reagents, and analytical services used across pharmaceutical research, diagnostics, and academia.
Abbott Laboratories
ABTAbbott operates across medical devices, diagnostics, nutrition, and established pharmaceuticals.
Danaher Corporation
DHRDanaher is a science and technology conglomerate focused on life sciences, diagnostics, and biotechnology after divesting its industrial businesses.
Amgen Inc.
AMGNAmgen is one of the largest biotechnology companies, with therapies spanning cardiovascular disease, oncology, and inflammation.
Gilead Sciences, Inc.
GILDGilead is a biopharmaceutical company with leadership in HIV and viral-disease treatments.
Intuitive Surgical, Inc.
ISRGIntuitive Surgical makes the da Vinci robotic surgical systems used in minimally invasive procedures worldwide.
CVS Health Corporation
CVSCVS Health combines a national retail pharmacy chain, the Aetna health-insurance business, and the Caremark pharmacy-benefit manager.
Medtronic plc
MDTMedtronic makes medical devices for cardiac, diabetes, neurological, and surgical care..
Vertex Pharmaceuticals Incorporated
VRTXVertex Pharmaceuticals develops therapies for cystic fibrosis and other serious diseases including gene-based treatments..
Stryker Corporation
SYKStryker makes orthopedic implants, surgical equipment, and medical devices for hospitals..
Regeneron Pharmaceuticals, Inc.
REGNRegeneron develops biologic medicines including the eye treatment Eylea and the immunology drug Dupixent..
Boston Scientific Corporation
BSXBoston Scientific makes minimally invasive medical devices for cardiology, urology, and other specialties..
The Cigna Group
CICigna provides health insurance and operates the Evernorth pharmacy-benefits and health-services business..
Elevance Health, Inc.
ELVElevance Health provides health insurance plans, largely under the Anthem Blue Cross Blue Shield brand..
HCA Healthcare, Inc.
HCAHCA Healthcare operates one of the largest US networks of hospitals and outpatient surgery centers..
McKesson Corporation
MCKMcKesson distributes pharmaceuticals and medical supplies to pharmacies, hospitals, and providers..
Cencora, Inc.
CORCencora is a pharmaceutical wholesaler distributing drugs and providing specialty and logistics services..
Cardinal Health, Inc.
CAHCardinal Health distributes pharmaceuticals and manufactures medical and laboratory products..
Becton, Dickinson and Company
BDXBecton Dickinson makes medical supplies, diagnostic systems, and instruments used in hospitals and labs..
Zoetis Inc.
ZTSZoetis develops medicines and vaccines for livestock and companion animals..
Edwards Lifesciences Corporation
EWEdwards Lifesciences makes heart valves and hemodynamic monitoring devices for cardiovascular care..
Humana Inc.
HUMHumana provides health insurance with a focus on Medicare Advantage plans for older Americans..
IDEXX Laboratories, Inc.
IDXXIDEXX Laboratories makes veterinary diagnostic tests and software for animal-health practices..
Agilent Technologies, Inc.
AAgilent Technologies makes analytical instruments and lab services for chemical, pharmaceutical, and life-sciences customers..
IQVIA Holdings Inc.
IQVIQVIA provides clinical-trial services and healthcare data analytics to drug developers..
GE HealthCare Technologies Inc.
GEHCGE HealthCare makes medical imaging systems, ultrasound, and patient-monitoring equipment..
Mettler-Toledo International Inc.
MTDMettler-Toledo makes precision instruments and weighing systems for labs and industrial customers..
DexCom, Inc.
DXCMDexCom makes continuous glucose monitoring systems that help people with diabetes track blood sugar..
ResMed Inc.
RMDResMed makes devices and software for sleep apnea, respiratory care, and out-of-hospital health management..
Centene Corporation
CNCCentene provides government-sponsored health insurance including Medicaid and marketplace plans..
Biogen Inc.
BIIBBiogen develops treatments for neurological diseases such as multiple sclerosis and Alzheimer's..
West Pharmaceutical Services, Inc.
WSTWest Pharmaceutical Services makes injectable-drug packaging and delivery components for pharma companies..
Moderna, Inc.
MRNAModerna develops messenger-RNA vaccines and therapeutics, including its COVID-19 vaccine..
STERIS plc
STESTERIS provides sterilization and infection-prevention products and services for hospitals and manufacturers..
Hologic, Inc.
HOLXHologic makes diagnostic and imaging systems focused on women's health, including breast-cancer screening..
Baxter International Inc.
BAXBaxter International makes hospital products including IV fluids, dialysis systems, and infusion pumps..
Align Technology, Inc.
ALGNAlign Technology makes Invisalign clear dental aligners and digital scanning systems for orthodontics..
Laboratory Corporation of America Holdings
LHLabcorp operates clinical laboratories providing diagnostic testing and drug-development services..
Quest Diagnostics Incorporated
DGXQuest Diagnostics runs a national network of clinical laboratories providing medical testing..
The Cooper Companies, Inc.
COOCooper Companies makes contact lenses and women's-health medical devices..
Waters Corporation
WATWaters Corporation makes analytical instruments for chromatography and mass spectrometry used in labs..
Molina Healthcare, Inc.
MOHMolina Healthcare provides managed health insurance focused on Medicaid and Medicare members..
Insulet Corporation
PODDInsulet makes the Omnipod tubeless insulin-delivery system for people managing diabetes..
Viatris Inc.
VTRSViatris makes generic and branded medicines distributed across global markets..
Revvity, Inc.
RVTYRevvity provides diagnostics, life-sciences reagents, and instruments for research and clinical testing..
Bio-Techne Corporation
TECHBio-Techne makes reagents, proteins, and instruments used in biological research and diagnostics..
Incyte Corporation
INCYIncyte develops targeted therapies in oncology and inflammation, led by the drug Jakafi..
Solventum Corporation
SOLVSolventum makes medical products spanning wound care, dental solutions, and health-information systems..
Industrials
Aerospace, machinery, defense, and transports — a cyclical read on capex, reshoring, and the physical economy.
Caterpillar Inc.
CATCaterpillar is the world's largest maker of construction and mining equipment, and it also builds engines and power systems.
The Boeing Company
BABoeing is one of two dominant commercial-aircraft makers and a major US defense and space contractor.
Honeywell International Inc.
HONHoneywell is a diversified industrial company spanning aerospace, building automation, performance materials, and safety technology.
GE Aerospace
GEGE Aerospace designs and services jet engines for commercial and military aircraft following the breakup of the old General Electric.
RTX Corporation
RTXRTX is a major aerospace and defense company formed from the merger of Raytheon and United Technologies, producing missiles, radars, and aircraft engines.
Lockheed Martin Corporation
LMTLockheed Martin is the world's largest defense contractor, best known for the F-35 fighter program along with missiles, satellites, and space systems.
United Parcel Service, Inc.
UPSUPS is a global package-delivery and supply-chain company whose volumes reflect the health of e-commerce and trade.
Union Pacific Corporation
UNPUnion Pacific operates one of the largest freight-rail networks in the western United States, hauling goods ranging from grain to industrial products.
Deere & Company
DEDeere is the leading maker of agricultural and construction equipment, sold under the John Deere brand.
General Dynamics Corporation
GDGeneral Dynamics is a defense contractor that builds combat vehicles, nuclear submarines, and munitions, and also owns the Gulfstream business-jet maker.
Eaton Corporation plc
ETNEaton makes electrical power-management equipment and components for buildings, data centers, and vehicles..
Northrop Grumman Corporation
NOCNorthrop Grumman is a defense contractor specializing in aircraft, missiles, and space systems..
CSX Corporation
CSXCSX operates a freight rail network across the eastern United States..
Norfolk Southern Corporation
NSCNorfolk Southern runs a freight railroad serving the eastern United States..
3M Company
MMM3M makes industrial, safety, and consumer products spanning adhesives, abrasives, and personal-protective equipment..
Illinois Tool Works Inc.
ITWIllinois Tool Works makes engineered fasteners, equipment, and consumables across diversified industrial markets..
Emerson Electric Co.
EMREmerson Electric makes automation software and control systems for process and industrial manufacturing..
Parker-Hannifin Corporation
PHParker-Hannifin makes motion-control and fluid-power components for industrial and aerospace machinery..
Trane Technologies plc
TTTrane Technologies makes heating, cooling, and climate-control systems for buildings and transport..
TransDigm Group Incorporated
TDGTransDigm makes proprietary aerospace components used on commercial and military aircraft..
Cintas Corporation
CTASCintas provides uniform rental, facility supplies, and safety products to businesses..
FedEx Corporation
FDXFedEx provides express, ground, and freight shipping along with logistics services worldwide..
PACCAR Inc
PCARPACCAR designs and builds heavy-duty commercial trucks under the Kenworth, Peterbilt, and DAF brands..
GE Vernova Inc.
GEVGE Vernova makes power-generation equipment including gas turbines, wind turbines, and grid technology..
Carrier Global Corporation
CARRCarrier Global makes heating, ventilation, air-conditioning, and refrigeration systems..
Johnson Controls International plc
JCIJohnson Controls makes building systems for climate control, fire safety, and security..
Waste Management, Inc.
WMWaste Management collects, disposes of, and recycles waste across North America..
Republic Services, Inc.
RSGRepublic Services provides waste collection, recycling, and landfill operations across the US..
W.W. Grainger, Inc.
GWWW.W.
United Rentals, Inc.
URIUnited Rentals is the largest equipment-rental company, leasing construction and industrial machinery..
L3Harris Technologies, Inc.
LHXL3Harris Technologies makes communications, electronic warfare, and defense systems for the military..
Howmet Aerospace Inc.
HWMHowmet Aerospace makes engineered metal components such as jet-engine parts and fasteners for aircraft..
AMETEK, Inc.
AMEAMETEK makes electronic instruments and electromechanical devices for industrial and aerospace uses..
Rockwell Automation, Inc.
ROKRockwell Automation makes industrial automation and digital software for factories and plants..
Quanta Services, Inc.
PWRQuanta Services builds and maintains electric power grids, pipelines, and communications infrastructure..
Cummins Inc.
CMICummins makes diesel and alternative-fuel engines, power generation, and related components..
Otis Worldwide Corporation
OTISOtis Worldwide manufactures and services elevators, escalators, and moving walkways..
Fastenal Company
FASTFastenal distributes fasteners and industrial supplies through stores and on-site vending..
Old Dominion Freight Line, Inc.
ODFLOld Dominion Freight Line provides less-than-truckload freight shipping across North America..
Axon Enterprise, Inc.
AXONAxon Enterprise makes Tasers, body cameras, and cloud software for law enforcement..
Delta Air Lines, Inc.
DALDelta Air Lines operates a major passenger and cargo airline with domestic and international routes..
United Airlines Holdings, Inc.
UALUnited Airlines Holdings operates a global passenger and cargo airline through United Airlines..
Southwest Airlines Co.
LUVSouthwest Airlines operates a low-cost domestic passenger airline across the United States..
Paychex, Inc.
PAYXPaychex provides payroll, HR, and benefits-administration services to small and midsize businesses..
Automatic Data Processing, Inc.
ADPAutomatic Data Processing provides payroll processing and human-capital management software..
Verisk Analytics, Inc.
VRSKVerisk Analytics provides data analytics and risk assessment for the insurance industry..
Equifax Inc.
EFXEquifax is a consumer credit-reporting agency that provides credit data and analytics..
Dover Corporation
DOVDover makes diversified industrial equipment spanning pumps, refrigeration, and marking systems..
Xylem Inc.
XYLXylem makes water pumps, treatment, and analytics technology for utilities and industry..
Fortive Corporation
FTVFortive makes precision instruments, software, and automation products for professional markets..
Ingersoll Rand Inc.
IRIngersoll Rand makes air compressors, pumps, and flow-control equipment for industrial uses..
Westinghouse Air Brake Technologies Corporation
WABWabtec makes locomotives, braking systems, and rail equipment for freight and transit operators..
EMCOR Group, Inc.
EMEEMCOR Group provides electrical and mechanical construction and facilities services..
Broadridge Financial Solutions, Inc.
BRBroadridge provides investor communications and technology that process trades and proxy voting..
Hubbell Incorporated
HUBBHubbell makes electrical products and utility infrastructure equipment for grids and buildings..
IDEX Corporation
IEXIDEX makes fluid-handling pumps, dispensing equipment, and fire-and-rescue products..
Graco Inc.
GGGGraco makes fluid-handling systems and equipment for spraying, pumping, and dispensing..
Snap-on Incorporated
SNASnap-on makes professional hand and power tools and diagnostic equipment for mechanics..
Copart, Inc.
CPRTCopart runs online salvage and used-vehicle auctions connecting sellers with buyers globally..
Pentair plc
PNRPentair makes water treatment, filtration, and pool equipment for residential and commercial use..
Jacobs Solutions Inc.
JJacobs Solutions provides engineering, design, and consulting for infrastructure and government projects..
Masco Corporation
MASMasco makes home-improvement products including faucets, paints, and cabinetry..
Stanley Black & Decker, Inc.
SWKStanley Black & Decker makes power tools, hand tools, and industrial fastening products..
Allegion plc
ALLEAllegion makes locks, door hardware, and electronic access-control security products..
Dayforce, Inc.
DAYDayforce provides cloud-based payroll and human-capital management software..
C.H. Robinson Worldwide, Inc.
CHRWC.H.
Expeditors International of Washington, Inc.
EXPDExpeditors International provides global freight forwarding and customs-brokerage logistics..
J.B. Hunt Transport Services, Inc.
JBHTJ.B.
Textron Inc.
TXTTextron makes Cessna and Beechcraft aircraft, Bell helicopters, and defense products..
Lennox International Inc.
LIILennox International makes heating, air-conditioning, and refrigeration systems for homes and businesses..
Nordson Corporation
NDSNNordson makes precision dispensing and fluid-management equipment for manufacturing and electronics..
Generac Holdings Inc.
GNRCGenerac makes backup generators and home energy-storage systems for residential and commercial use..
Information Technology
Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on.
Apple Inc.
AAPLApple designs consumer electronics, software, and services, led by the iPhone, Mac, and a growing high-margin services segment.
Microsoft Corporation
MSFTMicrosoft sells productivity software, the Windows operating system, and the Azure cloud platform, and has become a leading distributor of generative AI through its partnership with OpenAI.
NVIDIA Corporation
NVDANVIDIA makes the graphics processors and data-center accelerators that train and run most modern AI models.
Broadcom Inc.
AVGOBroadcom supplies networking, broadband, and custom silicon alongside a large enterprise-software portfolio anchored by VMware.
Oracle Corporation
ORCLOracle runs one of the world's most widely used database platforms and has pivoted aggressively into cloud infrastructure and applications.
Salesforce, Inc.
CRMSalesforce pioneered cloud-based customer relationship management and now offers a broad suite of sales, service, marketing, and analytics tools.
Advanced Micro Devices, Inc.
AMDAMD designs CPUs and GPUs for PCs, servers, and gaming consoles, positioning itself as the primary challenger to both Intel and NVIDIA.
Intel Corporation
INTCIntel is a historic leader in microprocessors that is investing heavily to rebuild its manufacturing edge and build a foundry business for outside customers.
Cisco Systems, Inc.
CSCOCisco supplies the routers, switches, and security products that form the backbone of enterprise and carrier networks.
Adobe Inc.
ADBEAdobe dominates creative and document software through subscription products such as Photoshop, Premiere, and Acrobat.
QUALCOMM Incorporated
QCOMQualcomm designs the mobile chipsets and wireless-modem technology that power much of the smartphone industry, and it licenses a deep patent portfolio.
Texas Instruments Incorporated
TXNTexas Instruments is a leading maker of analog and embedded processing chips used across industrial, automotive, and consumer electronics.
International Business Machines Corporation
IBMIBM provides hybrid-cloud software, consulting, and mainframe systems to large enterprises and governments.
ServiceNow, Inc.
NOWServiceNow runs a cloud workflow platform that automates IT, HR, and customer-service processes for large organizations.
Palantir Technologies Inc.
PLTRPalantir builds data-integration and analytics platforms used by defense agencies, intelligence services, and commercial enterprises.
Micron Technology, Inc.
MUMicron is one of the few global producers of DRAM and NAND memory, components essential to computers, phones, and AI servers.
Applied Materials, Inc.
AMATApplied Materials makes the manufacturing equipment that chipmakers use to fabricate semiconductors.
Accenture plc
ACNAccenture provides IT consulting, systems integration, and outsourcing services to large enterprises and governments across the globe..
Intuit Inc.
INTUIntuit makes financial software for consumers and small businesses, including TurboTax, QuickBooks, Credit Karma, and Mailchimp..
Lam Research Corporation
LRCXLam Research supplies wafer-fabrication equipment specializing in etch and deposition steps for advanced memory and logic chips..
KLA Corporation
KLACKLA makes the process-control and inspection systems chipmakers rely on to detect defects during semiconductor manufacturing..
Analog Devices, Inc.
ADIAnalog Devices designs high-performance analog, mixed-signal, and power-management chips for industrial, communications, and automotive markets..
Palo Alto Networks, Inc.
PANWPalo Alto Networks provides next-generation firewalls, cloud security, and AI-driven threat detection for enterprises..
CrowdStrike Holdings, Inc.
CRWDCrowdStrike delivers cloud-native endpoint and cloud-workload cybersecurity through its Falcon platform..
Synopsys, Inc.
SNPSSynopsys develops electronic design automation software and semiconductor IP used to design and verify complex chips..
Cadence Design Systems, Inc.
CDNSCadence makes electronic design automation tools and IP that engineers use to design integrated circuits and electronic systems..
Amphenol Corporation
APHAmphenol makes electronic connectors, cables, and sensors used across communications, industrial, automotive, and defense systems..
Motorola Solutions, Inc.
MSIMotorola Solutions provides mission-critical communications radios, public-safety software, and video security systems for governments and enterprises..
Roper Technologies, Inc.
ROPRoper Technologies operates a portfolio of niche application software and technology-enabled products serving specialized professional markets..
Autodesk, Inc.
ADSKAutodesk makes design and engineering software such as AutoCAD and Revit used in architecture, construction, and manufacturing..
Fortinet, Inc.
FTNTFortinet sells integrated cybersecurity appliances and software combining networking and security in a single fabric..
Microchip Technology Incorporated
MCHPMicrochip makes microcontrollers, analog chips, and embedded-control products used in automotive, industrial, and consumer devices..
NXP Semiconductors N.V.
NXPINXP designs semiconductors for automotive, secure identification, and industrial applications, with a leading position in car electronics..
Gartner, Inc.
ITGartner provides technology research, advisory subscriptions, and conferences that guide corporate IT and business decisions..
Cognizant Technology Solutions Corporation
CTSHCognizant offers IT consulting, digital engineering, and outsourcing services with a large delivery workforce in India..
Arista Networks, Inc.
ANETArista Networks builds high-speed cloud networking switches and software favored by hyperscale data centers..
Keysight Technologies, Inc.
KEYSKeysight makes electronic test and measurement instruments used to design and validate communications and electronics products..
Corning Incorporated
GLWCorning makes specialty glass, ceramics, and optical fiber for smartphone screens, displays, and telecom networks..
HP Inc.
HPQHP Inc.
Hewlett Packard Enterprise Company
HPEHewlett Packard Enterprise sells servers, storage, networking, and hybrid-cloud infrastructure to businesses..
TE Connectivity plc
TELTE Connectivity manufactures connectors and sensors that link power and data across transportation, industrial, and communications systems..
ON Semiconductor Corporation
ONON Semiconductor makes power and sensing chips used heavily in electric vehicles, industrial automation, and renewable energy..
Monolithic Power Systems, Inc.
MPWRMonolithic Power Systems designs high-efficiency power-management chips for computing, automotive, and consumer electronics..
Fair Isaac Corporation
FICOFair Isaac develops the FICO credit score and analytics software used by lenders to assess consumer risk..
CDW Corporation
CDWCDW resells and integrates technology hardware, software, and services for businesses, governments, and schools..
Teledyne Technologies Incorporated
TDYTeledyne makes digital imaging sensors, instrumentation, and aerospace electronics for scientific, industrial, and defense uses..
Tyler Technologies, Inc.
TYLTyler Technologies provides software that runs courts, permitting, payments, and administration for state and local governments..
PTC Inc.
PTCPTC makes computer-aided design, product lifecycle, and industrial IoT software used by manufacturers..
GoDaddy Inc.
GDDYGoDaddy sells domain names, web hosting, and online commerce tools aimed at small businesses and entrepreneurs..
Western Digital Corporation
WDCWestern Digital makes hard-disk drives and flash storage products for data centers, PCs, and consumer devices..
Seagate Technology Holdings plc
STXSeagate manufactures high-capacity hard-disk drives and storage systems used primarily in cloud and enterprise data centers..
Zebra Technologies Corporation
ZBRAZebra Technologies makes barcode scanners, mobile computers, and RFID systems that track inventory and assets for businesses..
Jabil Inc.
JBLJabil provides contract electronics manufacturing and supply-chain services for a broad range of hardware makers..
Trimble Inc.
TRMBTrimble makes positioning, modeling, and workflow technology used in construction, agriculture, and geospatial industries..
Skyworks Solutions, Inc.
SWKSSkyworks designs radio-frequency chips that enable wireless connectivity in smartphones and other connected devices..
Teradyne, Inc.
TERTeradyne makes automated test equipment for semiconductors and electronics along with industrial and collaborative robots..
First Solar, Inc.
FSLRFirst Solar manufactures thin-film solar photovoltaic panels for large utility-scale power plants..
Enphase Energy, Inc.
ENPHEnphase Energy makes microinverters and battery systems that convert and store power for residential solar installations..
Akamai Technologies, Inc.
AKAMAkamai operates a global content-delivery network and cloud security services that speed up and protect websites..
NetApp, Inc.
NTAPNetApp provides data-storage hardware and software that manage information across on-premises and cloud environments..
Gen Digital Inc.
GENGen Digital sells consumer cybersecurity and identity-protection software under brands including Norton, Avast, and LifeLock..
Juniper Networks, Inc.
JNPRJuniper Networks builds routers, switches, and AI-driven networking software for service providers and enterprises..
VeriSign, Inc.
VRSNVeriSign operates the authoritative registries for .com and .net internet domains and related infrastructure..
F5, Inc.
FFIVF5 makes application-delivery and security software that manages and protects traffic to apps across data centers and clouds..
EPAM Systems, Inc.
EPAMEPAM Systems provides software engineering and digital product development services to global enterprises..
ANSYS, Inc.
ANSSAnsys develops engineering simulation software that lets companies test product designs virtually before building them..
Super Micro Computer, Inc.
SMCISuper Micro Computer builds high-performance servers and storage systems tailored for AI and data-center workloads..
Materials
Miners, chemicals, and building materials — an early-cycle, China-sensitive read on global industrial demand.
Linde plc
LINLinde is the world's largest industrial-gases company, supplying oxygen, nitrogen, and hydrogen to healthcare, manufacturing, and energy customers.
The Sherwin-Williams Company
SHWSherwin-Williams is a leading maker and retailer of paints and coatings, selling through its own stores and to industrial customers.
Freeport-McMoRan Inc.
FCXFreeport-McMoRan is one of the world's largest copper miners, with major operations in the Americas and Indonesia.
Newmont Corporation
NEMNewmont is the world's largest gold-mining company, with operations spread across the Americas, Africa, and Australia.
Dow Inc.
DOWDow is a large commodity-chemicals producer making plastics, industrial intermediates, and performance materials.
Nucor Corporation
NUENucor is the largest US steel producer, using electric-arc furnaces and recycled scrap that give it a flexible cost structure.
Air Products and Chemicals, Inc.
APDAir Products supplies industrial gases and is developing large-scale clean-hydrogen projects for energy and industrial customers.
Ball Corporation
BALLBall Corporation manufactures aluminum cans and packaging for beverages and consumer products..
Amcor plc
AMCRAmcor makes flexible and rigid packaging for food, beverage, and healthcare products worldwide..
Ecolab Inc.
ECLEcolab provides water treatment, cleaning, and hygiene products and services to businesses..
Corteva, Inc.
CTVACorteva develops seeds and crop-protection chemicals for farmers worldwide..
DuPont de Nemours, Inc.
DDDuPont makes specialty chemicals and materials for electronics, water, and industrial applications..
PPG Industries, Inc.
PPGPPG Industries makes paints, coatings, and specialty materials for industrial and consumer markets..
Vulcan Materials Company
VMCVulcan Materials is the largest US producer of crushed stone, sand, and gravel used in construction..
Martin Marietta Materials, Inc.
MLMMartin Marietta produces aggregates, cement, and construction materials for infrastructure projects..
International Flavors & Fragrances Inc.
IFFInternational Flavors & Fragrances makes flavors, scents, and ingredients for food, beverage, and consumer products..
LyondellBasell Industries N.V.
LYBLyondellBasell makes plastics, chemicals, and refining products used across manufacturing..
Steel Dynamics, Inc.
STLDSteel Dynamics produces steel and recycles metal through electric-arc-furnace mills..
Packaging Corporation of America
PKGPackaging Corporation of America makes containerboard and corrugated packaging products..
International Paper Company
IPInternational Paper makes containerboard and corrugated packaging for shipping and consumer goods..
CF Industries Holdings, Inc.
CFCF Industries manufactures nitrogen fertilizers and is developing clean-ammonia production..
The Mosaic Company
MOSMosaic produces phosphate and potash crop nutrients for farmers worldwide..
Albemarle Corporation
ALBAlbemarle is a leading lithium producer supplying materials for electric-vehicle batteries..
FMC Corporation
FMCFMC Corporation makes crop-protection chemicals and agricultural products for farmers..
Eastman Chemical Company
EMNEastman Chemical makes specialty chemicals, plastics, and fibers for industrial and consumer uses..
Avery Dennison Corporation
AVYAvery Dennison makes labeling and packaging materials and RFID tags for products and logistics..
Celanese Corporation
CECelanese makes engineered polymers and acetyl chemicals used in automotive and industrial products..
Real Estate
REITs across offices, data centers, industrial, and residential — the most rate-sensitive corner of the equity market.
Prologis, Inc.
PLDPrologis is the largest owner and operator of logistics and warehouse real estate, leasing space near major population and transport hubs.
American Tower Corporation
AMTAmerican Tower is a real-estate investment trust that owns and leases wireless communications towers to mobile carriers around the world.
Equinix, Inc.
EQIXEquinix operates a global network of data centers where enterprises and cloud providers interconnect their networks.
Simon Property Group, Inc.
SPGSimon Property Group is the largest US owner of shopping malls and premium outlet centers.
Realty Income Corporation
ORealty Income is a net-lease REIT that owns thousands of single-tenant retail and commercial properties leased under long-term agreements.
Public Storage
PSAPublic Storage is the largest owner and operator of self-storage facilities in the United States.
Welltower Inc.
WELLWelltower is a healthcare REIT that owns senior housing, medical offices, and outpatient facilities..
Digital Realty Trust, Inc.
DLRDigital Realty owns and operates data centers that support cloud computing and AI workloads..
Crown Castle Inc.
CCICrown Castle owns cell towers and small-cell networks that wireless carriers lease across the US..
Extra Space Storage Inc.
EXRExtra Space Storage owns and manages self-storage facilities nationwide..
VICI Properties Inc.
VICIVICI Properties is a REIT that owns casino and entertainment real estate leased to gaming operators..
AvalonBay Communities, Inc.
AVBAvalonBay Communities develops and manages apartment communities in coastal US markets..
Equity Residential
EQREquity Residential owns and operates apartment properties concentrated in major coastal cities..
Iron Mountain Incorporated
IRMIron Mountain stores and manages physical records and operates data centers..
SBA Communications Corporation
SBACSBA Communications owns and leases wireless communications towers to mobile carriers..
Weyerhaeuser Company
WYWeyerhaeuser owns timberlands and manufactures wood products used in construction..
Invitation Homes Inc.
INVHInvitation Homes owns and leases single-family rental homes across US markets..
Mid-America Apartment Communities, Inc.
MAAMid-America Apartment Communities owns and operates apartment communities across the Sun Belt..
Alexandria Real Estate Equities, Inc.
AREAlexandria Real Estate owns life-science laboratory and office campuses leased to biotech and pharma tenants..
Ventas, Inc.
VTRVentas is a healthcare REIT owning senior housing, medical offices, and research facilities..
Essex Property Trust, Inc.
ESSEssex Property Trust owns and manages apartment communities on the US West Coast..
Healthpeak Properties, Inc.
DOCHealthpeak Properties owns healthcare real estate including lab, medical-office, and senior-housing space..
Kimco Realty Corporation
KIMKimco Realty owns open-air, grocery-anchored shopping centers across the United States..
Regency Centers Corporation
REGRegency Centers owns and develops grocery-anchored neighborhood shopping centers..
Camden Property Trust
CPTCamden Property Trust owns and manages apartment communities across the Sun Belt..
BXP, Inc.
BXPBXP owns and develops premier office properties in major US gateway cities..
Host Hotels & Resorts, Inc.
HSTHost Hotels & Resorts owns luxury and upper-upscale hotels operated under major brands..
UDR, Inc.
UDRUDR owns and operates apartment communities across US metropolitan markets..
Federal Realty Investment Trust
FRTFederal Realty owns and operates retail and mixed-use properties in affluent coastal markets..
CBRE Group, Inc.
CBRECBRE Group is a commercial real-estate services firm providing brokerage, leasing, and property management..
Utilities
Regulated power and water — bond-like income proxies whose relevance is being reshaped by data-center and electrification demand.
NextEra Energy, Inc.
NEENextEra Energy pairs Florida Power & Light, a large regulated utility, with one of the world's biggest generators of wind and solar power.
Duke Energy Corporation
DUKDuke Energy is one of the largest regulated electric utilities in the United States, serving customers across the Southeast and Midwest.
The Southern Company
SOSouthern Company provides regulated electricity and natural gas across several southeastern states.
Dominion Energy, Inc.
DDominion Energy is a regulated utility serving customers primarily in Virginia and the Carolinas, a region seeing surging power demand from data centers.
American Electric Power Company, Inc.
AEPAmerican Electric Power owns one of the largest electricity transmission networks in the United States and serves customers across eleven states.
Sempra
SRESempra is an energy-infrastructure company with regulated utilities in California and Texas and a growing liquefied-natural-gas export business.
Constellation Energy Corporation
CEGConstellation Energy is the largest US operator of carbon-free nuclear power plants and sells clean electricity..
Exelon Corporation
EXCExelon delivers electricity and natural gas through regulated utilities across several states..
Xcel Energy Inc.
XELXcel Energy provides electricity and natural gas across the Midwest and Western US with growing renewables..
Public Service Enterprise Group Incorporated
PEGPublic Service Enterprise Group provides regulated electric and gas service in New Jersey and runs nuclear plants..
Consolidated Edison, Inc.
EDConsolidated Edison delivers electricity, gas, and steam to New York City and surrounding areas..
WEC Energy Group, Inc.
WECWEC Energy Group provides regulated electricity and natural gas across the upper Midwest..
DTE Energy Company
DTEDTE Energy provides regulated electricity and natural gas across Michigan..
PG&E Corporation
PCGPG&E provides electricity and natural gas to customers across northern and central California..
Edison International
EIXEdison International delivers electricity to Southern California through its utility subsidiary..
Ameren Corporation
AEEAmeren provides regulated electricity and natural gas across Missouri and Illinois..
Entergy Corporation
ETREntergy provides electricity across the Gulf South and operates nuclear generating stations..
PPL Corporation
PPLPPL provides regulated electricity and natural gas across Pennsylvania, Kentucky, and Rhode Island..
FirstEnergy Corp.
FEFirstEnergy delivers electricity through regulated utilities across the Midwest and mid-Atlantic..
Eversource Energy
ESEversource Energy provides electricity, natural gas, and water service across New England..
CMS Energy Corporation
CMSCMS Energy provides regulated electricity and natural gas across Michigan..
Atmos Energy Corporation
ATOAtmos Energy is one of the largest US natural-gas distributors, serving customers across several states..
American Water Works Company, Inc.
AWKAmerican Water Works is the largest US regulated water and wastewater utility..
Vistra Corp.
VSTVistra generates and sells electricity from a fleet of natural-gas, nuclear, and renewable plants..
NRG Energy, Inc.
NRGNRG Energy generates and retails electricity to residential and business customers..
Pinnacle West Capital Corporation
PNWPinnacle West Capital provides regulated electricity across Arizona through Arizona Public Service..
Alliant Energy Corporation
LNTAlliant Energy provides regulated electricity and natural gas across Iowa and Wisconsin..
Evergy, Inc.
EVRGEvergy provides regulated electricity across Kansas and Missouri..
The AES Corporation
AESThe AES Corporation operates power-generation and utility businesses across the Americas with a renewables focus..
CenterPoint Energy, Inc.
CNPCenterPoint Energy delivers electricity and natural gas across Texas and the Midwest..
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