Trades at 20x PE (below where the S&P trades right now), about $70B in free cashflow this year. Core businesses continue to do well. YouTube is one of the fastest-growing parts of the business, ad revenue continues to do well.
DOJ interest will take a long time to wind through the process. Might even be worth 50-60% more on a breakup. Waymo is the cash-cow-in-waiting. Yield is 0.5%.
Fallen lately, great time to buy. Projected revenue of about $46B next year. Demand has always been there, it's the supply that's been challenged. Yield is 1%.
Changing how people think about dieting. So important because obesity causes a lot of other chronic issues. NVO and LLY are way ahead of everyone else. Own either one and do well over the next several years.
Only 3 companies do the benchmarking, and all money managers need to use them. The index business continues to grow, as does the ETF business. Bought a real estate company that does indexes in that sector. Lots of opportunity to grow. Lots of free cashflow. Minimal capex, so revenue falls right to the bottom line. Yield is 1.1%.
(Analysts’ price target is $645.31)
Lots of development can happen in the area of medical devices. Great business. Keeps people out of hospitals. These companies should do well over the next while, as medical solutions move away from being drug-centred. Prefers SYK.