Global Strong Past Earnings Growth, P/E Ratio Below 20

Johnson & Johnson

Market Cap: US$403.0b

Engages in the research and development, manufacture, and sale of various products in the healthcare field worldwide.

Novartis

Market Cap: CHF 183.1b

Engages in the research, development, manufacture, distribution, marketing, and sale of pharmaceutical medicines in Switzerland and internationally.

QUALCOMM

Market Cap: US$159.8b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

PDD Holdings

Market Cap: US$156.2b

A multinational commerce group that owns and operates a portfolio of businesses.

Anheuser-Busch InBev

Market Cap: €98.5b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Al Rajhi Banking and Investment

Market Cap: ر.س378.8b

Provides banking and investment services in the Kingdom of Saudi Arabia and internationally.

Zurich Insurance Group

Market Cap: CHF 80.2b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Midea Group

Market Cap: CN¥541.5b

Manufactures and sells home appliances, and robotic and automation systems in China and internationally.

ITOCHU

Market Cap: JP¥10.8t

Engages in trading and importing/exporting various products worldwide.

Tokyo Electron

Market Cap: JP¥10.3t

Develops, manufactures, and sells semiconductor production equipment in Japan, Europe, North America, Taiwan, China, South Korea, and internationally.

Cigna Group

Market Cap: US$70.0b

Provides insurance and related products and services in the United States.

Life Insurance Corporation of India

Market Cap: ₹5.7t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Travelers Companies

Market Cap: US$58.2b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

3i Group

Market Cap: UK£39.7b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

Cummins

Market Cap: US$49.0b

Offers various power solutions worldwide.

Mitsubishi Electric

Market Cap: JP¥7.1t

Develops, manufactures, distributes, and sells electrical and electronic equipment in Japan, North America, Asia, Europe, and internationally.

PICC Property and Casualty

Market Cap: HK$363.9b

Engages in property and casualty insurance business in People’s Republic of China.

Holcim

Market Cap: CHF 35.8b

Provides building materials and solutions worldwide.

Diamondback Energy

Market Cap: US$42.7b

An independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

DENSO

Market Cap: JP¥5.7t

Engages in the manufacture and sale of automotive parts in Japan, rest of Asia, North America, Europe, and internationally.

Emaar Properties PJSC

Market Cap: د.إ135.7b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Luxshare Precision Industry

Market Cap: CN¥262.8b

Designs, manufactures, and sells cable assembly and connector system solutions worldwide.

Alpha Dhabi Holding PJSC

Market Cap: د.إ122.4b

Engages in the construction, healthcare, real estate, and hospitality businesses in the United Arab Emirates and internationally.

Prudential

Market Cap: UK£24.4b

Through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.

Ryanair Holdings

Market Cap: €27.5b

Provides scheduled-passenger airline services in Ireland, Italy, Spain, the United Kingdom, and internationally.

Cathay Financial Holding

Market Cap: NT$916.8b

Through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally.

Baidu

Market Cap: US$29.6b

Provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.

Wipro

Market Cap: ₹2.6t

Operates as an information technology (IT), consulting, and business process services company worldwide.

Dai-ichi Life Holdings

Market Cap: JP¥4.3t

Through its subsidiaries, provides insurance products in Japan, the United States, and internationally.

ADNOC Drilling Company P.J.S.C

Market Cap: د.إ92.1b

Engages in the provision of drilling and construction services in in the United Arab Emirates.

NAVER

Market Cap: ₩34.6t

Provides online search portal and online information services in South Korea, Japan, and internationally.

Huntington Bancshares

Market Cap: US$23.5b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.

QBE Insurance Group

Market Cap: AU$33.9b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Sungrow Power Supply

Market Cap: CN¥151.4b

Researches, develops, produces, sells, and services of new energy power equipment in solar, wind, energy storage, hydrogen, electric vehicles, and charging infrastructure.

Royalty Pharma

Market Cap: US$20.9b

Operates as a buyer of biopharmaceutical royalties and a funder of innovation in the biopharmaceutical industry in the United States.

Aldar Properties PJSC

Market Cap: د.إ75.0b

Engages in the real estate development, investment, construction, leasing, management, sale, and related services in the United Arab Emirates.