U.S. Strong Past Earnings Growth, P/E Ratio Below 20

QUALCOMM

Market Cap: US$181.6b

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

Progressive

Market Cap: US$130.6b

Operates as an insurance company in the United States.

Cigna Group

Market Cap: US$82.2b

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

Travelers Companies

Market Cap: US$59.9b

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.

Trip.com Group

Market Cap: US$46.3b

Through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally.

JD.com

Market Cap: US$46.0b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

Baidu

Market Cap: US$40.2b

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

W. R. Berkley

Market Cap: US$28.5b

An insurance holding company, operates as a commercial line writer worldwide.

Huntington Bancshares

Market Cap: US$23.2b

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

Citizens Financial Group

Market Cap: US$21.8b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Biogen

Market Cap: US$21.7b

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally.

Regions Financial

Market Cap: US$21.3b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Credicorp

Market Cap: US$20.1b

Provides various financial, insurance, and health services and products in Peru and internationally.

Coterra Energy

Market Cap: US$17.8b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Expeditors International of Washington

Market Cap: US$16.1b

Provides logistics services in the Americas, North Asia, South Asia, Europe, and MAIR.

Deckers Outdoor

Market Cap: US$15.0b

Designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.

CF Industries Holdings

Market Cap: US$13.9b

Engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally.

Universal Health Services

Market Cap: US$13.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Mueller Industries

Market Cap: US$11.5b

Manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico.

Old Republic International

Market Cap: US$10.2b

Through its subsidiaries, provides insurance underwriting and related services primarily in the United States and Canada.

SEI Investments

Market Cap: US$10.1b

A publicly owned asset management holding company.

Comerica

Market Cap: US$9.8b

Provides financial services in the United States, Canada, and Mexico.

SouthState Bank

Market Cap: US$9.5b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Western Alliance Bancorporation

Market Cap: US$8.6b

Operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada.

UMB Financial

Market Cap: US$8.5b

Operates as the bank holding company that provides banking services and asset servicing in the United States and internationally.

Wintrust Financial

Market Cap: US$8.4b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

Liberty Broadband

Market Cap: US$8.1b

Engages in a range of communications businesses in the United States.

Popular

Market Cap: US$7.8b

Through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands.

Zions Bancorporation National Association

Market Cap: US$7.6b

Provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

AXIS Capital Holdings

Market Cap: US$7.2b

Through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally.

Prosperity Bancshares

Market Cap: US$6.0b

Operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers.

F.N.B

Market Cap: US$5.5b

A bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States.

Ameris Bancorp

Market Cap: US$5.0b

Operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers.

Hancock Whitney

Market Cap: US$4.8b

Operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers in the United States.

First Financial Bankshares

Market Cap: US$4.6b

Through its subsidiaries, provides banking services in the United States.

EnerSys

Market Cap: US$4.5b

Engages in the provision of stored energy solutions for industrial applications worldwide.