As inflation fears have receded somewhat—though we’ll see in next week’s US CPI report how much they really have receded—European stocks have had a good start to the year. In the table below, I take the top 85% by market cap of large-mid firms from European...
Bandai Namco is a video game entertainment company that aims to make “play” a natural part of life. As of this year, it is the world’s third largest video game company after Sony Interactive and Nintendo. The company’s history goes back to 1950 in Tokyo, Japan,...
Mercado Libre is the largest online marketplace in Latin America. Headquartered in Buenos Aires, Argentina, and available in 18 countries, the firm’s offerings span from the popular, namesake digital marketplace, “Mercado Libre,” to its digital payment and credit platform, “Mercado Pago,” shipping and logistics arm,...
The third largest homebuilder in the US, PulteGroup builds and sells homes in 40 cities across the country. As such, it has benefitted from new and emerging pandemic trends, including an increased preference for single-family living and ongoing remote work. This Atlanta, Georgia-based Knowledge Leader...
Bicycle components leader Shimano was founded in 1921, when 26-year-old Shozaburo Shimano borrowed a single lathe and set up a small ironworks shop in Osaka, Japan. Deciding they were the most complex component to produce, Shimano began by making bicycle freewheels, those round spiked wheels...
Known globally for its charm bracelets, Pandora is the world’s largest jewelry brand. Founded in 1982 by a Danish goldsmith and his wife, the firm got its start importing products from Thailand to sell in their small Copenhagen shop. By 1989, they were manufacturing their...
With 600 stores in the UK, B&M European Value is a leading British retailer of discount goods, including groceries and general merchandise. It’s this company’s unique business model which differentiates B&M and keeps it growing consistently. By focusing on stocking a limited assortment of only...
Based in Stockholm, Sweden, Dometic makes accessories for mobile living, including in RVs, boats, campers and outdoor life. This year for example, it launched Delibox, the first temperature-controlled food delivery box created to solve the No. 1 complaint from people who order in: food arriving...
Switzerland’s Richemont was founded in 1988, after being spun off from the Rembrandt Group by Johann Rupert, who remains chairman today. The luxury products group’s 25 “maisons” or houses, are united in the firm’s quest for creativity, innovation and excellence. In addition to luxury brands...
LVMH Moët Hennessy Louis Vuitton is a leading global luxury brands group. Made up of 75 product “maisons,” or houses, including wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and other retail including Paris department store Le Bon Marché, the...
The Christian Dior Group was founded in 1946 by Christian Dior, who started his haute couture brand in a Paris townhouse where the company still has its headquarters. Since then, the company has purchased LVMH and a long list of luxury brands to form the...
Based in Daytona Beach, Florida, TopBuild is the No. 1 installer of insulation to the U.S. residential construction business, and today the firm is at work in more than 40 percent of new housing starts. Until 2015, TopBuild operated as a subsidiary of Masco, with...
In early February we mentioned that consumer discretionary was starting to show some cracks in their leadership status. And a few weeks ago we mentioned how richly valued this groups of stocks had become. Today we pick on Consumer Discretionary stocks again showing how they...
There are 609 companies in the MSCI North America. Of which, 104 (17.1%) are in the consumer discretionary sector. Only the financial sector (109 stocks or 17.9%) account for a larger share in the MSCI North America....
