Based in Yokohama, Japan, Lasertec makes advanced inspection tools for semiconductor manufacturing. Using optical technology, its systems find defects too tiny to be seen by the human eye. In the semiconductor manufacturing process, defects may appear first on the photomask layer of a chip. If...
GoodRx is a leading digital platform for consumer health care. It was founded on the belief that everyone deserves affordable and convenient health care in a country where prescription drug prices are not regulated, and the cost of prescriptions can differ significantly depending on the...
Finland’s Cargotec is a world leader in intelligent cargo handling. With a mission to keep goods moving swiftly from cities to ports to doorsteps, this firm deploys digital technology to smooth logistics flow and reduce waste. Cargotec’s origins go back more than 100 years when Kalmar,...
Akamai Technologies has deployed the most pervasive, highly distributed content delivery network in the world. With about 345,000 servers in about 135 countries, the Akamai Edge platform delivers and protects content for the majority of the major media, software and cloud computing companies operating today....
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,...
We believe highly innovative companies, when accounted for properly, are cheaper than their non-innovative peers in all regions of the world. Below in our Mid-Quarter Update, we map the spheres of innovation in the developed world. Prefer to download this presentation in PDF? Please click here. 1.Summary We...
Investors in innovation tend to focus on the US exclusively, and some of that is for good reason as the US spends more than any other country on research and development. But there are many innovative companies outside the US that spend substantial sums on...
LHC Group provides home health care services to patients in the United States, including post-acute, therapy, and hospice care. The firm also runs 124 residential facilities serving patients who have transitioned out of a hospital but whose conditions remain too severe to go home. Based in...
In recent reports, we’ve been highlighting that innovation—as a factor represented by R&D as % of sales—has stopped underperforming and it is selling for an attractive valuation. We used the S&P 500, Russell 2000 and other off-the-shelf indexes. Today we will highlight one of our...
Irvine, California-based Masimo makes non-invasive patient monitoring, measuring and sensing technologies that improve patient care in the hospital, the home, and on the go. When the COVID-19 pandemic hit, Masimo found itself in a unique position to support the urgent needs of both clinicians and patients...
It appears to us that global innovation has bottomed and offers attractive value. An extended analysis follows in our Quarterly Strategy Report: Has Innovation Bottomed? Prefer to download this presentation in PDF? Please click here. 1. Summary -Innovation as a factor appears have bottomed earlier in 2022. Looking at...
Maker of the probiotic “Yakult” drink, the company Yakult Honsha's mission is to contribute to health, happiness, and the pursuit of excellence in life, science and microorganisms. Its flagship refrigerated milk drink is enjoyed daily by more than 40 million people in 40 countries. This Japan-based...
Headquartered in Norwalk, Connecticut, FactSet is a global financial data analytics company. Using a cloud-based subscription model, the firm delivers intelligence to inform investment decisions to more than 160,000 asset managers, bankers, wealth managers, and corporations. Its financial tools connect and contextualize data from 800+...
Shopify is a leader in commerce solutions that allow merchants to set up online stores and sell their products. The firm’s tools power millions of entrepreneurs in more than 175 countries including brands as large as Netflix, Allbirds, and Tupperware. The firm was founded in 2006...
Salesforce is the No. 1 provider of customer relationship management (CRM) software in the world. Its flagship Customer 360 platform is designed to help businesses identify prospects, close deals, service customers and drive future growth. The firm was founded in 1999 in a small San Francisco...
