U.S. Potentially Undervalued Companies

Pine Cliff Energy

Market Cap: US$226.0m

Engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin.

Novo Nordisk

Market Cap: US$1.5t

Engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

Volkswagen

Market Cap: US$46.0b

Manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally.

MS&AD Insurance Group Holdings

Market Cap: US$5.2t

An insurance holding company, engages in the provision of insurance and financial services worldwide.

Fulton Financial

Market Cap: US$3.4b

Operates as the bank holding company for Fulton Bank that provides banking and financial products and services in the United States.

Siemens Healthineers

Market Cap: US$50.4b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

MTU Aero Engines

Market Cap: US$20.1b

Engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally.

Suzano

Market Cap: US$61.1b

Manufactures and sells pulp and paper products in Brazil and internationally.

Akamai Technologies

Market Cap: US$10.9b

Engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally.

Celanese

Market Cap: US$4.5b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

Valens Semiconductor

Market Cap: US$183.4m

Provides semiconductor products for the audio-video and automotive industries in Israel, China, Hong Kong, Portugal, the United States, Japan, Germany, Hungary, and internationally.

Vext Science

Market Cap: US$84.2m

Through its subsidiaries, provides integrated agricultural technology, services, and property management services in the cannabis industry in the United States.

United Overseas Bank

Market Cap: US$57.0b

Provides banking products and services worldwide.

Murata Manufacturing

Market Cap: US$5.1t

Develops, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally.

Element Fleet Management

Market Cap: US$14.4b

Operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand.

Anglo American

Market Cap: US$29.1b

Operates as a mining company in the United Kingdom and internationally.

Minerals Technologies

Market Cap: US$2.0b

Develops, produces, and markets various mineral, mineral-based, and related systems and services.

China Construction Bank

Market Cap: US$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

BankUnited

Market Cap: US$2.9b

Operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States.

Nvni Group

Market Cap: US$133.8m

Through its subsidiaries, operates in business-to-business software as a service (SaaS) market in Brazil and Latin America.

Pernod Ricard

Market Cap: US$21.0b

Produces and sells wines and spirits worldwide.

NN Group

Market Cap: US$15.7b

A financial services company, provides life and non-life insurance products in the Netherlands and internationally.

PENN Entertainment

Market Cap: US$2.8b

Provides integrated entertainment, sports content, and casino gaming experiences.

USANA Health Sciences

Market Cap: US$521.3m

Develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe.

CSG Systems International

Market Cap: US$1.8b

Provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

AT&T

Market Cap: US$202.4b

Provides telecommunications and technology services worldwide.

Tiny

Market Cap: US$247.1m

A venture capital and private equity firm specializing in buyouts.

BOC Hong Kong (Holdings)

Market Cap: US$388.2b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

Five9

Market Cap: US$1.9b

Provides intelligent cloud software for contact centers in the United States and internationally.

W&T Offshore

Market Cap: US$306.1m

An independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of America.

First Citizens BancShares

Market Cap: US$23.7b

Operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally.

Viasat

Market Cap: US$3.9b

Provides broadband and communications products and services in the United States and internationally.

Weibo

Market Cap: US$3.0b

Through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China.

Alignment Healthcare

Market Cap: US$3.5b

Operates a consumer-centric healthcare platform for seniors in the United States.

PVH

Market Cap: US$4.2b

Operates as an apparel company in the United States and internationally.

Essential Properties Realty Trust

Market Cap: US$5.9b

A real estate company, acquires, owns, and manages single-tenant properties in the United States.