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Joakim Ahlberg — photo: Nordea
This week it’s the turn of Joakim Ahlberg, the fund manager of the North American Stars Equity Fund of the Scandinavian asset class Nordea.
1/ Adobe
Adobe Inc., a multinational tech company headquartered in San Jose, California, has been a household name in digital software for years, but it continues to innovate. The stock is already up more than 50 percent this year as investors view the company’s efforts to increase its leadership position in the new era of breakthrough generative AI technology. In addition, earnings per share are expected to grow 12.4 percent this year, ahead of the industry’s average growth rate of 8.8 percent.
2/ Ansys
Ansys has been perfecting its simulation solutions for five decades and is a clear market leader. The company’s software enables innovators in a variety of industries to push boundaries with the predictive power of simulation – from sustainable transportation and advanced semiconductors to satellite systems and life-saving medical equipment. We expect robust financial results from Ansys due to its industry-leading high-performance computingcloud solutions and AI-driven simulations.
3/ Applied Materials
Applied Materials, headquartered in Silicon Valley, is a leader in materials engineering solutions used to manufacture virtually every new semiconductor and advanced display in the world. The company is an expert in modifying materials at the atomic level and on an industrial scale. It goes without saying that the worldwide capacity expansion of chip factories will do Applied Materials no harm. Applied Materials reported earnings in May and the stock recently received an additional boost from its exposure to artificial intelligence.
4/ Stryker
Stryker is one of the world’s leading medical technology companies, offering innovative products and services in the fields of medical and surgical devices, neurotechnology, orthopedics and spinal surgery that help improve patient and healthcare outcomes. Stryker has a track record as an undisputed trendsetter in medical technology. The company’s industry-leading profitability, strong sales growth and solid balance sheet make it an attractive investment at its current price.
5/ Xcel Energy
Excel Energy Inc. is an American regulated energy company. It has electricity and natural gas customers in eight states. Xcel has significantly improved its climate reporting and linked executive compensation to meeting emission reduction targets. In addition, Xcel has recently sought approval to close coal-fired power stations and is aiming for a complete shutdown of all remaining coal-fired power plants by 2030, or even earlier. Xcel will benefit from its commitment to the energy transition.
Earlier:
2023-09-03 06:05:33
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