Thread by @RamBhupatiraju

My fav non-Tech, US based Co.'s. ~6⃣0⃣ names.

I love my Tech names for a majority of my Portfolio (BigTech, Small Tech, HW, SaaS, E-Commerce, FinTech, Consumer Tech), but there's plenty of great Co's outside of these.

Few of the other Sectors & my fav names in there.⬇️

✔️US based
✔️Tech (in a traditional sense) is not the main product of these Co.'s although they leverage it.
✔️Many of these have a mix of some of these below characteristics

✔️Great products/services
✔️Long-term oriented Mgmt teams
✔️Customer obsession
✔️Differentiated Biz Model
✔️Durable demand
✔️Innovative culture
✔️Lean operations
✔️Good Financial governance
✔️Very moaty or critical in their value chain
✔️Mkt (S&P) beaters over the 5/10 yr periods

✅Financial Services
Visa* $V
Mastercard* $MA
S&P Global $SPGI
Moody's $MCO
MSCI $MSCI
Nasdaq $NDAQ
Fair Isaac $FICO
First Republic $FRC
Broadridge $BR
Marketaxess $MKTX
Silicon Valley bank $SIVB
Schwab $SCHW

✅Healthcare
Intuitive Surgical* $ISRG
Align Technologies* $ALGN
Abiomed* $ABMD
Guardant Health* $GH
Novocure* $NVCR
Illumina $ILMN
Masimo $MASI
Thermo Fisher Scientific $TMO
Dexcom $DXCM
Repligen $RGEN
United Health $UNH
Idexx Labs $IDXX
Zoetis $ZTS

✅Consumer (1)

✔️Retail
Disney* $DIS
Nike* $NKE
Lululemon* $LULU
Costco $COST
TJX $TJX
Ross $ROST
Burlington $BURL
Dollar General $DG
Five Below $FIVE
Ulta Beauty $ULTA
Vail Resorts $MTN
AutoZone $AZO

✅Consumer (2)

✔️Food
Starbucks* $SBUX
Chipotle* $CMG
Dominos $DPZ

✔️Housing
HomeDepot $HD
Sherwin Williams $SHW
NVR $NVR
Pool Corp $POOL
Trex $TREX
Restoration Hardware $RH

✅Industrials & Adjacent Svcs
Cognex $CGNX
Copart $CPRT
Cintas $CTAS
Danaher $DHR
Roper Tech $ROP
Transdigm $TDG
Heico $HEI
Lockheed Martin $LMT

✅Dividends
American Tower $AMT
SBA Communications $SBAC
Crown Castle $CCI
Equinix $EQIX
American Water works $AWK
Brookfield Infra Partners* $BIP
Innovative Industrial Properties $IIPR
NextEra $NEE

The stocks from Financial, Consumer (non-staples) and Industrial names are usually hit hard during a recession (irrespective of how much impact the individual Company actually sees), making them a good time for Qualitative selection and add or start positions.

The stocks above from Healthcare and Dividends below might be less sensitive to the actual Economy and depends more on the long-term adoption of their Products/Services, making them ideal to slowly accumulate over time as they execute.

I'm very underweight in this non-Tech basket (as 75% of my new positions in the last 5 yrs have been Tech focused), but looking forward to few opportunities (during temporary Earnings disappointments, Bear Market periods) to initiate/add.

Winners win, but only if they don't take their eyes off the ball (Customer value proposition).

Past is a decent indicator but always check Fundamental/Qualitative/Growth/Competitive factors & Fin strength on an ongoing basis.

Disc : None of these are recs. Do your DD.

/END