U.S. Potentially Undervalued Companies

Galp Energia SGPS

Market Cap: US$11.7b

Operates as an integrated energy operator in Portugal and internationally.

Henry Schein

Market Cap: US$8.0b

Provides health care products and services to office-based dental and medical practitioners, and alternate sites of care worldwide.

AerCap Holdings

Market Cap: US$21.3b

Engages in the lease, financing, sale, and management of commercial flight equipment in the United States, China, and internationally.

Ensign Energy Services

Market Cap: US$444.9m

Provides oilfield services to the oil and natural gas industries in Canada, the United States, and internationally.

Northern Oil and Gas

Market Cap: US$2.6b

An independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States.

Arch Capital Group

Market Cap: US$33.3b

Provides insurance, reinsurance, and mortgage insurance products in the United States, Canada, Bermuda, the United Kingdom, Europe, and Australia.

Aegon

Market Cap: US$10.7b

Provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.

CACI International

Market Cap: US$10.5b

Through its subsidiaries, provides expertise and technology solutions in the United States, the United Kingdom, rest of Europe, and internationally.

Option Care Health

Market Cap: US$4.4b

Offers home and alternate site infusion services in the United States.

China Mengniu Dairy

Market Cap: US$57.3b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt

Market Cap: US$1.8t

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt.

PT. Mitra Adiperkasa

Market Cap: US$18.8t

Engages in the retail trade of clothing, accessories, bags, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally.

Sembcorp Industries

Market Cap: US$10.7b

An investment holding company, engages in providing industrial and urban solutions in Singapore, the United Kingdom, China, India, rest of Asia, the Middle East, and internationally.

NorthWest Healthcare Properties Real Estate Investment Trust

Market Cap: US$1.3b

Northwest provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at May 14, 2025, of interests in a diversified portfolio of 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe, and Australasia.

Alaris Equity Partners Income Trust

Market Cap: US$875.9m

A private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments.

Absa Group

Market Cap: US$150.1b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Compagnie Générale des Établissements Michelin Société en commandite par actions

Market Cap: US$21.7b

Engages in the manufacture and sale of tires worldwide.

PDD Holdings

Market Cap: US$186.0b

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

SentinelOne

Market Cap: US$6.1b

Operates as a cybersecurity provider in the United States and internationally.

Kohl's

Market Cap: US$1.8b

Operates as an omnichannel retailer in the United States.

Zoom Communications

Market Cap: US$25.1b

Provides an Artificial Intelligence-first work platform for human connection in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Humana

Market Cap: US$30.6b

Provides medical and specialty insurance products in the United States.

Open Text

Market Cap: US$9.3b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

Otsuka Holdings

Market Cap: US$4.1t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

ConocoPhillips

Market Cap: US$120.9b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Sirius XM Holdings

Market Cap: US$7.5b

Operates as an audio entertainment company in North America.

SIGA Technologies

Market Cap: US$628.7m

A commercial-stage pharmaceutical company, focuses on the health security market in the United States.

APA

Market Cap: US$8.7b

An independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

Invivyd

Market Cap: US$222.2m

A biopharmaceutical company, focuses on the discovery, development, and commercialization of antibody-based solutions for infectious diseases in the United States.

ONEOK

Market Cap: US$46.2b

Operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.

General Motors

Market Cap: US$57.7b

Designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Halliburton

Market Cap: US$21.0b

Provides products and services to the energy industry worldwide.

Iridium Communications

Market Cap: US$1.8b

Provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide.

Univest Financial

Market Cap: US$879.7m

Operates as the bank holding company for Univest Bank and Trust Co.

Verano Holdings

Market Cap: US$564.4m

Operates as a vertically integrated multi-state cannabis operator in the United States.

First Pacific

Market Cap: US$27.5b

An investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally.