LVMH: Turning Heritage into the World’s Strongest Luxury Empire Luxury is supposed to be rare, handcrafted, and personal. Scale, on the other hand, belongs to factories and fast-moving consumer goods.Read more

ASML: From Philips Management Buyout to Europe’s Biggest Company In the global semiconductor industry, power does not necessarily sit with the companies that design chips or sell consumer devices. It sits with the one company that enables all of them to exist at the cutting edge.Read more

PVA TePla has been hit hard by a slump in chips tied to electric vehicles and clean energy, but it’s betting on a rebound with a new factory and a plan to grow much bigger over the next few years. If demand for its chip-making and materials equipment turns up again—especially around silicon carbide—this could look very different, though a slow recovery remains the big catch.Read more

Hospitals keep turning to Intuitive Surgical’s da Vinci robots because they can help patients recover faster, and the company also makes steady money from the tools and servicing those systems. But the machines are expensive and competition is heating up, so the big question is whether its lead can keep up with the high expectations already baked in.Read more

<<< To see my other narratives, please scroll up and klick on Tokyo (next to my profile picture) >>> My main narrative for CRWD: · When founder and CEO George Kurtz founded CRWD in 2011, Cybersecurtiy Software, was nothing new, but with several pain points for customers: reduced system performance, updates needed to be installed, for each problem you needed a different software, so you dealt with silos, … · So he build a fully cloud-based platform, named Falcon. It has a modular concept, and customer pays within an abo model only the contracted modules.Read more

Management Summary / Key Takeaways British American Tobacco (BAT) is undergoing a strategic transformation that warrants a more optimistic forward-looking analysis than many observers currently provide. Key features of BAT's complex transition include: Dual focus on diversification and careful claims management, balancing the shift away from traditional tobacco while managing legal challenges.Read more

My main narrative for FRE: What former CEO Mark Schneider blow up to an inefficient giant, will now be cut down by actual CEO Michael Sen and trimmed on efficiency from formally 4 segments FMC (dialyses), Helios (private hospitals), Kabi(Generic & Infusions), Vamed (Projects & Digitalization) only 2 remain: Helios, Kabi, the other will be sold, and the intakes will help to restructure the financial situation under Mark Schneider the Spanish hospitals were acquired, this was a good deal: privat hospital runs well in Spain, because of their good reputation wealthy Latin Americans travel for medical treatments to Spain I focus also on: More equity than debt. Ratio is at 62% (debt/equity).Read more

<<< To see my other narratives, please scroll up and klick on Tokyo (next to my profile picture) >>> My main narrative for ANET: Young company (founded 2004, IPO 2014), disrupting CISCO in the High Speed Switch Market (for Datacenter, Cloud and AI) Very successful introduction of Fast Internet Switches for Brokerage (High Speed Trading) Internet Speed will continuously increase to meet “tactile internet” capabilities (control robots or vehicles over distance (through internet) with nearly no delay) Perfect fit of Arista HW and Arista SW, as known from Apple devices, leads to high customer satisfaction and customer binding I focus also on: More equity than debt. Ratio is at 0%.Read more

Coca-Cola’s steady, recession-tested business and long history of rewarding shareholders can look more attractive when the economy feels shaky. But changing consumer tastes, pressure in overseas markets, and rising input costs could limit upside if the stock already bakes in a lot of good news.Read more