U.S. Undervalued over 20% based on DCF

Microsoft

Market Cap: US$3.1t

Develops and supports software, services, devices, and solutions worldwide.

Amazon.com

Market Cap: US$2.9t

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

Berkshire Hathaway

Market Cap: US$1.0t

Engages in the insurance, freight rail transportation, and utility businesses.

Eli Lilly

Market Cap: US$949.7b

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

JPMorgan Chase

Market Cap: US$820.9b

Operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean.

Exxon Mobil

Market Cap: US$642.1b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally.

Johnson & Johnson

Market Cap: US$564.1b

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

Oracle

Market Cap: US$552.4b

Offers products and services that address enterprise information technology environments worldwide.

AbbVie

Market Cap: US$381.1b

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide.

Bank of America

Market Cap: US$367.6b

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

Procter & Gamble

Market Cap: US$336.3b

Provides branded consumer packaged goods worldwide.

Merck

Market Cap: US$302.3b

Operates as a healthcare company worldwide.

International Business Machines

Market Cap: US$238.6b

Provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Wells Fargo

Market Cap: US$233.8b

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

Citigroup

Market Cap: US$213.4b

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

American Express

Market Cap: US$212.7b

Operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally.

PepsiCo

Market Cap: US$205.8b

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

Amgen

Market Cap: US$183.1b

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide.

Seagate Technology Holdings

Market Cap: US$182.2b

Engages in the provision of data storage technology and infrastructure solutions in Singapore, the United States, the Netherlands, and internationally.

Boeing

Market Cap: US$172.7b

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

Gilead Sciences

Market Cap: US$166.8b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Thermo Fisher Scientific

Market Cap: US$166.6b

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

AppLovin

Market Cap: US$161.8b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Charles Schwab

Market Cap: US$156.8b

Operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.

Abbott Laboratories

Market Cap: US$152.3b

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Salesforce

Market Cap: US$147.3b

Provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.

Interactive Brokers Group

Market Cap: US$138.0b

Operates as an automated electronic broker in the United States and internationally.

PDD Holdings

Market Cap: US$134.5b

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

Booking Holdings

Market Cap: US$124.8b

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

Altria Group

Market Cap: US$123.4b

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

Lockheed Martin

Market Cap: US$122.9b

An aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally.

Danaher

Market Cap: US$121.7b

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

Newmont

Market Cap: US$114.9b

Operates as a gold producer.

Vertex Pharmaceuticals

Market Cap: US$110.3b

Operates as a biotechnology company in the United States, Europe, and internationally.

Accenture

Market Cap: US$110.0b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Spotify Technology

Market Cap: US$106.9b

Provides audio streaming subscription services worldwide.