U.S. Undervalued over 20% based on DCF

Alphabet

Market Cap: US$2.3t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Amazon.com

Market Cap: US$2.3t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Meta Platforms

Market Cap: US$1.9t

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.

Berkshire Hathaway

Market Cap: US$1.0t

Through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide.

JPMorgan Chase

Market Cap: US$795.7b

Operates as a financial services company worldwide.

Eli Lilly

Market Cap: US$684.4b

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals in the United States, Europe, China, Japan, and internationally.

Mastercard

Market Cap: US$506.1b

A technology company, provides transaction processing and other payment-related products and services in the United States and internationally.

Johnson & Johnson

Market Cap: US$403.0b

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

Procter & Gamble

Market Cap: US$352.8b

Engages in the provision of branded consumer packaged goods worldwide.

Bank of America

Market Cap: US$338.2b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Coca-Cola

Market Cap: US$296.4b

A beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally.

Cisco Systems

Market Cap: US$265.8b

Designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.

Alibaba Group Holding

Market Cap: US$261.4b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Philip Morris International

Market Cap: US$253.7b

Operates as a tobacco company.

Wells Fargo

Market Cap: US$250.5b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Salesforce

Market Cap: US$239.7b

Provides customer relationship management (CRM) technology that connects companies and customers together worldwide.

PepsiCo

Market Cap: US$190.7b

Engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.

Thermo Fisher Scientific

Market Cap: US$174.8b

Provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally.

Booking Holdings

Market Cap: US$174.6b

Provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, and internationally.

Citigroup

Market Cap: US$169.0b

A diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions.

Boeing

Market Cap: US$167.8b

Designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide.

QUALCOMM

Market Cap: US$159.8b

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

Adobe

Market Cap: US$147.5b

Operates as a technology company worldwide.

Danaher

Market Cap: US$141.1b

Designs, manufactures, and markets professional, medical, research, and industrial products and services in the United States, China, and internationally.

Capital One Financial

Market Cap: US$132.7b

Operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom.

Union Pacific

Market Cap: US$130.1b

Through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States.

Automatic Data Processing

Market Cap: US$121.8b

Engages in the provision of cloud-based human capital management (HCM) solutions worldwide.

Vertex Pharmaceuticals

Market Cap: US$118.7b

A biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF).

ConocoPhillips

Market Cap: US$117.1b

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

Palo Alto Networks

Market Cap: US$115.5b

Provides cybersecurity solutions worldwide.

Synopsys

Market Cap: US$114.5b

Provides electronic design automation software products used to design and test integrated circuits.

Constellation Energy

Market Cap: US$106.8b

Produces and sells energy products and services in the United States.

DoorDash

Market Cap: US$105.2b

Operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.

Altria Group

Market Cap: US$103.8b

Through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States.

American Tower

Market Cap: US$99.3b

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S.

Prologis

Market Cap: US$99.1b

Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.