Daily Investment Advice

Category: Individual Stocks

NextEra Energy: Powering the Future with Renewable Innovation

NextEra Energy, Inc. (NYSE: NEE), known as the world’s largest producer of wind and solar energy, has once again solidified its position at the forefront of the renewable energy sector with its remarkable performance in 2023. As global energy markets transition towards sustainable sources, NextEra’s strategic investments and operational excellence offer a blueprint for the future of energy.

Financial Highlights: A Testament to Strength and Stability

A Robust Close to 2023

The final quarter of 2023 showcased NextEra Energy’s financial resilience, with adjusted earnings of $0.52 per share, which surpassed consensus estimates and marked a near 2% increase from the prior year. This growth is a direct reflection of the operational efficiency and strategic market positioning of its subsidiary, Florida Power & Light Company (FPL). Despite a slight decrease in GAAP earnings per share compared to the previous year, the company’s annual adjusted earnings escalated to $3.17 per share from $2.90 in 2022, reflecting a significant 9.3% growth. This performance underscores NextEra’s adeptness in navigating market complexities and leveraging growth opportunities.

Revenue Surge and Market Dominance

NextEra Energy’s revenue metrics were equally impressive, with fourth-quarter operating revenues reaching $6.87 billion, a substantial 13.4% leap over consensus estimates. The year witnessed a remarkable 34.1% increase in annual revenues, climbing to $28.1 billion. This surge is indicative of NextEra’s unparalleled ability to meet the growing demand for renewable energy, driven by an expanding portfolio and strategic market initiatives.

Operational Excellence: The Pillars of Growth

FPL has been instrumental in driving NextEra’s growth, with its revenues ascending to nearly $4.2 billion in the quarter. A significant customer base expansion, with nearly 81,000 new additions, highlights FPL’s competitive edge and customer-centric approach. This growth not only reflects the quality of service but also the broader acceptance and demand for renewable energy solutions.

NextEra Energy Resources: Spearheading Renewable Expansion

NextEra Energy Resources, the renewable energy division, has been at the core of NextEra’s strategic expansion. With the addition of approximately 2,060 megawatts of renewable projects in the fourth quarter alone, including wind, solar, and battery storage, NextEra is aggressively broadening its renewable energy footprint. This expansion is crucial in solidifying its leadership position in the clean energy transition and meeting the escalating global demand for sustainable energy solutions.

A Foundation of Financial Robustness

NextEra’s financial health remains robust, with a significant cash reserve of nearly $2.7 billion by the end of 2023. The increase in long-term debt aligns with the company’s strategic capital expenditure and expansion plans, emphasizing its commitment to infrastructure development and service enhancement. The surge in operating cash flow to $11.3 billion from $8.26 billion in the prior year demonstrates effective financial management and operational efficiency.

Forward-looking Projections: A Vision for Growth

NextEra Energy’s forward-looking earnings forecast for 2024, with expectations in the range of $3.23 to $3.43 per share, reflects a confidence in sustained growth. The company projects a 6-8% annual growth in earnings per share through 2026, underpinned by its strategic investments in renewable energy. With plans to add between 32,700 and 41,800 MW of renewable power projects to its portfolio from 2023 to 2026, NextEra is not just envisioning a green future but actively creating it.

Conclusion: A Renewable Energy Powerhouse

NextEra Energy’s performance in 2023 and its strategic outlook underscore its potential for significant share price gains. The company’s robust financial health, aggressive growth in the renewable energy sector, and optimistic future earnings projections position it as a compelling investment opportunity. With a solid track record of dividend growth and a clear focus on clean energy expansion, NextEra Energy is poised to lead the energy transition, offering investors a chance to be part of a sustainable future.

March 21, 2024
Top Gold Mining Stocks for 2024: Unveiling the Hidden Gems Amidst the Bull Market’s Glitter

As the price of gold continues to trade above $2,000 an ounce and with predictions of a 15% to 20% rally in precious metals for the year, several gold mining stocks present compelling investment opportunities, particularly those that have not fully responded to the increase in gold prices. Among the many options, three gold mining stocks stand out due to their potential for significant cash flow upside and growth opportunities: Newmont (NEM), Kinross Gold (KGC), and Barrick Gold (GOLD).

Newmont (NEM) has experienced roughly a 17% correction year-to-date, yet remains attractive with a forward price-earnings ratio currently of 12.74 for 2025, and a 2.95% dividend yield. The company’s strategic divestments of non-core assets and a capital allocation strategy aimed at long-term value creation underpin its potential. With 128 million ounces in gold reserves and an outlook for increased operating cash flow, Newmont is positioned for a reversal rally if gold prices continue to rise.

Kinross Gold (KGC) offers an attractive forward price-earnings ratio of 13.7 and a current 2.21% dividend yield as of writing. With an investment-grade balance sheet and significant liquidity, Kinross is well-positioned for both organic growth and potential acquisitions. The company’s outlook for stable gold production through 2026, alongside a higher realized gold price, suggests a strong potential for increased revenue and cash flow.

Barrick Gold (GOLD), trading at a current 2025 forward price-earnings ratio of 14.5 with a 2.55% dividend yield, presents another investment opportunity. With robust financials, including $3.7 billion in operating cash flow for 2023, and a solid reserve replacement rate, Barrick Gold is poised for growth. The company’s long-term production visibility and the potential for healthy cash flows, driven by higher realized gold prices, make it a potentially attractive option for some investors.

Additionally, Alamos Gold (AGI) and Eldorado Gold (EGO) are notable mentions for their significant upside potential. Alamos Gold’s recent acquisition of Orford Mining expands its operational footprint, while Eldorado Gold’s improved production results and financial position signal strong growth prospects. Both companies have demonstrated robust year-over-year improvements in revenue and production, positioning them as strong contenders in the gold mining sector.

Conclusion

Investors looking to capitalize on the potential bull market in gold may want to consider these stocks, which combine solid fundamentals with attractive growth prospects amidst the surging price of spot gold. The strategic positioning of these companies, alongside their financial and operational strengths, underscores their potential as valuable additions to ones investment portfolio(s), and perhaps if you are a retirement investor, the dividend paying gold mining stocks could be a point of consideration.

March 8, 2024
Emerging Titans: 5 Small-Cap Stocks Poised for Substantial Growth
Small-cap stocks present unique opportunities for astute investors who are willing to dive into sectors which have potential for significant innovation.

As we navigate through 2024, certain small-cap stocks stand out for their growth potential, driven by strong fundamentals, strategic market positions, and exposure to rapidly growing industries. This article aims to shed light on five such companies, each with the potential to outperform in an environment which may be turning more favorable for small caps.

All of these small-cap stocks listed on the NYSE or NASDAQ and are currently trading near the bottom of their long-term charts and/or 52 week lows, giving the potential for significant share price gains, including the possibility for parabolic moves, should market conditions and liquidity warrant such.

Given the dynamic nature of the stock market, identifying such stocks requires a deep look at recent financial performances, market trends, and future growth prospects within their respective industries. Here are five small-cap (maximum market cap under $3 billion as of writing) stocks to consider.

1. Upstart Holdings, Inc. (NASDAQ: UPST)

Sector: Financial Technology
- Overview: Upstart is a leading AI lending platform that partners with banks to improve loan approval processes with its AI model, which better assesses risk.
- Growth Potential: Despite market volatility affecting fintech stocks, Upstart’s innovative AI application in the lending industry presents significant long-term growth opportunities, especially as traditional financial institutions continue to seek technological enhancements.
2. Lemonade, Inc. (NYSE: LMND)

Sector: Insurtech
- Overview: Lemonade uses AI and big data to disrupt the traditional insurance market, offering homeowners, renters, pet, and life insurance.
- Growth Potential: With a customer base that’s growing rapidly, especially among millennials and digital natives, Lemonade’s potential for scaling its tech-driven insurance products globally could lead to substantial growth.
3. Nano Dimension Ltd. (NASDAQ: NNDM)

Sector: 3D Printing
- Overview: A leader in the production of 3D printed electronics and additive manufacturing, Nano Dimension serves industries such as aerospace, defense, and healthcare.
- Growth Potential: As additive manufacturing technology evolves and its application expands across industries, NNDM’s innovative solutions and strong IP portfolio position it for possible exponential growth.
4. Plug Power Inc. (NASDAQ: PLUG)

Sector: Alternative Energy
- Overview: Plug Power is a pioneer in hydrogen fuel cell technology, providing solutions for the electric mobility and stationary power markets.
- Growth Potential: With the global shift towards green energy and sustainable transportation, Plug Power’s expertise in hydrogen fuel cells could see it becoming a major player in the energy transition, potentially leading to parabolic growth as the market matures.
5. Rocket Lab USA (NASDAQ: RKLB)
- Rocket Lab USA (RKLB): Rocket Lab USA operates as a pivotal player in the aerospace sector, focusing on delivering satellite launch services that enable critical communications, earth observation, and scientific research. Their edge lies in providing cost-effective, reliable access to orbit for small satellites, a market niche experiencing rapid growth.
- Growth Potential: The recent $515 million contract with the US government to develop and deploy 18 space vehicles significantly bolsters Rocket Lab’s market position. This, along with setting an annual launch record, positions Rocket Lab to capitalize on the expanding space industry, projected to grow into an over $1 trillion sector.
Conclusion

The landscape of small-cap investing is fraught with volatility and risk, yet it remains fertile ground for discovering stocks with explosive growth potential. Companies such as Upstart Holdings, Inc. (NASDAQ: UPST), Lemonade, Inc. (NYSE: LMND), Nano Dimension Ltd. (NASDAQ: NNDM), Plug Power Inc. (NASDAQ: PLUG) and Rocket Lab USA (NASDAQ: RKLB), each offer unique value propositions in their respective sectors.

For investors willing to conduct thorough due diligence and embrace the inherent risks, these five small-cap stocks represent compelling opportunities to capitalize on the trends shaping our world. As always, consider your own investment goals and risk tolerance, and consider speaking with a financial advisor or other professional if needed.
March 6, 2024
Small Caps Poised for a Big Leap: A March 2024 Outlook and Beyond
As we march into spring, the financial landscape is buzzing with anticipation over the potential for small-cap stocks to embark on an impressive run. With the economy showing signs of resilience and investor sentiment turning optimistic, the stage may be set for these under-the-radar equities to shine. In addition, certain cryptocurrencies, including Shiba Inu (SHIB) and Bitcoin (BTC) have been shining recently, with Shiba skyrocketing over 1900% very rapidly in particular.

A Season of Growth

The small-cap sector, typically defined by companies with a market capitalization of between $300 million and $2 billion, but can also include microcap or penny stocks has historically been a breeding ground for high-growth opportunities. These companies can be nimble and innovative, and well-positioned to capitalize on emerging sector-specific trends, which has been extensively prevalent recently with everything artificial intelligence related.

Analysts point to several factors fueling the small-cap rally:
- Economic Resilience: Despite challenges, the economy has shown remarkable resilience, which includes consumer spending and a relatively robust job market. This environment potentially provides a fertile ground for small companies to thrive.
- Valuation Gaps: The valuation difference between large-cap and small-cap stocks has widened, making the latter potentially more attractive to value-seeking investors.
- Sector Rotation: As investors seek to diversify away from the tech-heavy giants that dominated the market in recent years, sectors like healthcare, clean energy, and manufacturing – where many small caps operate – have the potential to gain attention.
Market Dynamics and Investor Sentiment

The dynamics of the market are also playing into small caps’ hands. With inflation concerns easing and the Federal Reserve’s interest rate hikes potentially reversing in 2024, investors may be more willing to take on the risk associated with smaller companies in search of higher returns.

Looking Ahead

While the prospect of investing in small caps is enticing, it comes with its share of volatility and risk. However, for those willing to do their homework, the rewards can potentially be substantial.

As we look beyond March 2024, the trajectory for small caps appears promising. Technological advancements, including the continuous hype regarding AI, is just one of the trends that could help propel new, innovative ideas and solutions, including an increase in initial public offerings (IPOs).

Investors are advised to keep a close eye on the financial health, market position, and growth prospects of these small-cap contenders. With the right picks, the journey through 2024 and beyond could be profitable and exhilarating.

In conclusion, as the financial markets navigate through the changing economic landscape, small-cap stocks present an exciting opportunity for growth. Their potential to outperform, coupled with a favorable market environment, makes them a compelling proposition for investors looking for the next big thing.

As always, due diligence and a strategic approach will be key to unlocking the potential of small caps in this promising phase. These stocks can be riskier and exhibit extreme volatility, which opens the door for opportunity, along with the risk of losing money.
March 5, 2024
NVDA’s Astounding 100,000%+ Rise: Navigating the Highs & Lows of Tech’s Investment Juggernaut

The ascent of NVIDIA Corporation (NVDA) in the stock market has been nothing short of stellar. As a tech enthusiast and keen market observer, I’ve watched NVDA transform from a modest Silicon Valley startup to a dominant force in the global semiconductor industry. The recent price surge of NVDA stock has caught the attention of investors worldwide, prompting discussions about the sustainability of such growth and the inherent risks of the volatile tech market.

The Beginnings and the NVIDIA Surge

NVIDIA’s journey began in 1993, but it wasn’t until its IPO in January 1999 that the company became a public entity, with a starting share price of a mere $0.82 on its IPO day of January 22, 1999, (when accounting for all stock splits).

Fast forward to 2024, and we’re looking at a price that’s exceeded $850, marking an astonishing 100,000%+ gain. It’s a dream scenario for any investor: turning a modest investment into a fortune over a couple of decades.

The recent price surge is attributed to NVIDIA’s groundbreaking strides in deep learning, AI, and their industry-leading graphics processing units (GPUs) that have become indispensable in both gaming and professional markets.

The company’s foray into data center and automotive industries, with a focus on AI and self-driving technology, has further solidified its market position.

Riding the Wave: The Investor’s Perspective

The allure of investing in NVDA is evident. For long-term investors, particularly those who bought in near the IPO and held on, the rewards have been life-changing. However, the recent rapid increase in stock value may give pause to new investors considering entering at current levels.

It’s important to understand that NVDA’s success story is accompanied by periods of significant volatility. The stock has seen its fair share of sharp declines, often in response to broader market pressures or shifts in investor sentiment regarding the tech industry.

For instance, the COVID-19 pandemic initially caused a market-wide sell-off, but NVDA quickly rebounded as demand for tech solutions soared due to the shift to remote work and increased entertainment consumption at home.

Understanding the Risks

With any investment, especially in a high-growth stock like NVDA, risk is a crucial factor. The company’s valuation is predicated on future growth expectations, which are themselves subject to a multitude of variables: market competition, technological advancements, and economic conditions, to name a few.

Moreover, NVIDIA’s recent price surge could be susceptible to corrections. Market dynamics are unpredictable, and tech stocks often experience dramatic swings. Investors need to consider their risk tolerance and whether they’re positioned to weather potential downturns.

Looking Ahead

What does the future hold for NVIDIA? The company’s innovation pipeline is robust, with significant investments in AI, gaming, and autonomous vehicle technologies. NVDA’s growth prospects remain strong, but as with any company at the forefront of technology, the path forward is not without obstacles.

Investors contemplating an NVDA position today must balance the potential for continued growth against the possibility of overvaluation and market saturation. While NVIDIA’s past performance has been remarkable, it’s not necessarily indicative of future results.

Final Thoughts

NVIDIA’s stock performance is a testament to the company’s innovation, strategic direction, and the broader tech industry’s expansion. While the 100,000%+ gain since its IPO is extraordinary, it’s crucial for investors to remain informed, vigilant, and realistic about future prospects.

The tech market is dynamic and ever-changing, making it essential for investors to stay updated on industry trends and company-specific developments. NVIDIA, with its track record, remains a fascinating case study of a tech company that has continuously reinvented itself to maintain its market leadership.

In conclusion, NVDA’s journey highlights the potential rewards of tech investing, alongside the importance of risk management and market awareness. Whether you’re a seasoned investor or a newcomer to the stock market, the NVIDIA saga offers valuable lessons in the transformative power of technology and the complex dance of market forces.

March 5, 2024
The Top 10 Things to Remember When Investing in Growth Stocks

Investing in growth stocks can be an exciting and potentially rewarding strategy, but it’s not without its risks. Here are the top 10 things to remember when investing in growth stocks.

1. Understand What a Growth Stock Is

A growth stock is a share in a company that is expected to grow at an above-average rate compared to other companies in the market. These companies might be in the early stages of development, or they could be established businesses that are expected to become market leaders. They often reinvest their earnings into expansion, research and development, or acquisitions, rather than paying out dividends to shareholders.

2. Look for Sustainable Growth

When evaluating growth stocks, it’s important to look for companies that have sustainable growth. This means they have a clear plan for how they will continue to grow in the future. This could be through expanding into new markets, launching innovative products, or acquiring other businesses. Companies that rely on one-off events for growth may struggle to maintain their momentum.

3. Be Prepared for Volatility

Growth stocks can be more volatile than other types of stocks. This is because their share prices are often driven by expectations about future earnings growth. If a company fails to meet these expectations, its share price can fall sharply. On the other hand, if a company exceeds expectations, its share price can rise quickly. As an investor, you need to be comfortable with this level of volatility.

4. Diversify Your Portfolio

While it can be tempting to put all your money into a few high-growth stocks, it’s important to diversify your portfolio. This means spreading your investments across a range of different companies and sectors. Diversification can help to reduce risk and smooth out returns.

5. Do Your Research

Before investing in a growth stock, it’s important to do your research. This means understanding the company’s business model, its competitive position, and its growth strategy. It also means keeping up to date with news and developments that could affect the company.

6. Be Patient

Investing in growth stocks requires patience. It can take time for a company’s growth potential to be realized, and there can be setbacks along the way. It’s important to have a long-term investment horizon and to resist the temptation to sell at the first sign of trouble.

7. Be Aware of Valuation

Growth stocks can often trade at high valuations, with high price-to-earnings (P/E) ratios. This is because investors are willing to pay a premium for the potential of high future earnings. However, high valuations can also increase the risk of a stock. If a company’s earnings don’t grow as expected, its share price can fall significantly.

8. Monitor Your Investments

Once you’ve invested in a growth stock, it’s important to monitor your investment. This means regularly reviewing the company’s financial reports, keeping up to date with news and developments, and reassessing the company’s growth prospects.

9. Know When to Sell

Knowing when to sell a growth stock can be just as important as knowing when to buy. If a company’s growth prospects change, or if its share price becomes overvalued, it might be time to sell. It’s important to have a clear exit strategy and to stick to it.

10. Seek Professional Advice

Investing in growth stocks can be complex, and it’s not suitable for all investors. If you’re unsure about whether investing in growth stocks is right for you, consider seeking advice from a qualified financial professional, such as a Financial Advisor.

In Summary

Investing in growth stocks can offer the potential for high returns, but it’s not without risk. Remember, investing always carries risk, and it’s important to invest money that you can afford to lose. The stock market can be unpredictable, and while growth stocks have the potential for high returns, they can also lead to significant losses. Always do your research and consider your own risk tolerance before making any decision.

Investing in growth stocks requires a long-term perspective. It can take time for a company’s growth potential to be realized, and there will be plenty of bumps along the way (in terms of the share price growth). But with patience, diligence, and a well-researched strategy, investing in growth stocks can be allow you to potentially hit some home-runs.

June 5, 2023
5 Dividend Aristocrat Stocks to Consider in 2024

Dividend Aristocrats are companies that have increased their dividend payouts for at least 25 consecutive years. They are often mature, stable companies with strong cash flows, making them attractive for income-focused investors. Here are five Dividend Aristocrat stocks that are worth considering in 2023.

1. Linde Plc (LIN)

Linde Plc is a leading industrial gases and engineering company with 2022 sales of $30 billion. The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing, and primary metals. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels, and much more.

2. The Carlyle Group Inc (CG)

The Carlyle Group is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit, and Investment Solutions. With $276 billion of assets under management as of March 31, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest.

3. Ares Management Corporation (ARES)

Ares Management Corporation is a leading global alternative investment manager operating integrated groups across Credit, Private Equity, Real Estate, and Strategic Initiatives. Ares Management’s investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns for fund investors throughout market cycles.

4. Blackstone Inc (BX)

Blackstone is one of the world’s leading investment firms with $619 billion Assets Under Management (AUM) as of December 31, 2022. Blackstone seeks to create positive economic impact and long-term value for its investors, the companies it invests in, and the communities in which it works.

5. Alcon Inc (ALC)

Alcon is the global leader in eye care, dedicated to helping people see brilliantly. With a 70-plus-year heritage, Alcon is the largest eye care device company in the world, with complementary businesses in Surgical and Vision Care. Being a truly global company, Alcon has a presence in 74 countries and serves patients in more than 140.

These five Dividend Aristocrat stocks offer a mix of stable income and growth potential. They operate in different sectors of the market, providing a level of diversification for investors. As always, it’s important to do your own research and consider your own investment goals and risk tolerance before making a decision rather or not to own these stocks.

June 5, 2023
25 Dividend Stocks that Have Increased their Dividend Payout for 25 Years Straight
Some companies, also known as Dividend Aristocrats, have a history of consistently paying out and raising their dividends every single year for 25 years or more. For example, if a company 25 years ago was paying a dividend of $1 per share, that means each year they have increased that dividend, rather it be a small or large amount. Now, that company may be paying dividends much higher than that original $1 per share amount, due to the consistently increasing dividends.

With that being said, here is a list of 25 companies that have increased their dividend payout for 25 years in a row or more, demonstrating a strong track record of consistent dividend growth:
1. 3M Company (MMM) – A diversified technology company that operates in various sectors, including healthcare, industrial, and consumer markets.
2. Abbott Laboratories (ABT) – A global healthcare company specializing in the development, manufacturing, and marketing of pharmaceuticals, diagnostics, and medical devices.
3. Aflac Incorporated (AFL) – An insurance company that provides supplemental health and life insurance products in the United States and Japan.
4. Archer-Daniels-Midland Company (ADM) – A global food processing and commodities trading corporation that specializes in agricultural commodities and products.
5. Automatic Data Processing, Inc. (ADP) – A leading provider of human resources management software and services, offering solutions for payroll, benefits administration, and talent management.
6. Chevron Corporation (CVX) – An integrated energy company engaged in exploration, production, refining, and marketing of oil and gas products worldwide.
7. The Clorox Company (CLX) – A consumer goods company known for its wide range of household and professional cleaning products, as well as personal care and lifestyle products.
8. The Coca-Cola Company (KO) – A leading beverage company with a diverse portfolio of brands, including Coca-Cola, Sprite, and Fanta.
9. Colgate-Palmolive Company (CL) – A global consumer products company known for its oral care, personal care, home care, and pet nutrition products.
10. Consolidated Edison, Inc. (ED) – A utility holding company providing electric, gas, and steam services to customers in New York City and surrounding areas.
11. Dover Corporation (DOV) – A diversified industrial manufacturing company that produces a wide range of specialized equipment and components.
12. Emerson Electric Co. (EMR) – A global technology and engineering company that offers solutions in automation, commercial and residential solutions, and process control.
13. Exxon Mobil Corporation (XOM) – One of the largest publicly traded international oil and gas companies, involved in various aspects of energy exploration, production, refining, and marketing.
14. Genuine Parts Company (GPC) – A distributor of automotive replacement parts, industrial replacement parts, office products, and electrical materials.
15. Johnson & Johnson (JNJ) – A multinational healthcare company known for its consumer health products, pharmaceuticals, and medical devices.
16. Kimberly-Clark Corporation (KMB) – A global leader in the production of personal care products, including diapers, tissue, and feminine care products.
17. The Coca-Cola Company (KO) – A leading beverage company with a diverse portfolio of brands, including Coca-Cola, Sprite, and Fanta.
18. McDonald’s Corporation (MCD) – A global fast-food chain renowned for its hamburgers, french fries, and other fast-food items.
19. Medtronic plc (MDT) – A medical technology company that designs, develops, and manufactures medical devices and therapies to improve patient outcomes.
20. Procter & Gamble Company (PG) – A consumer goods company that manufactures and distributes a wide range of products, including household essentials, personal care items, and pet food.
21. Sherwin-Williams Company (SHW) – A global leader in the production and distribution of paints, coatings, and related products.
22. Stanley Black & Decker, Inc. (SWK) – A diversified global provider of tools, industrial equipment, and security solutions for various industries.
23. Target Corporation (TGT) – A retail company offering a wide range of merchandise, including clothing, household essentials, electronics, and groceries.
24. United Technologies Corporation (UTX) – A multinational conglomerate that operates in various sectors, including aerospace, building technologies, and defense.
25. Walgreens Boots Alliance, Inc. (WBA) – A multinational retail pharmacy chain and healthcare company providing a wide range of products and services.
June 1, 2023