Global Net Cash Stocks With A Growth Track Record

Suzhou TFC Optical Communication

Market Cap: CN¥120.5b

Provides optical communication devices in Mainland China and internationally.

Lasertec

Market Cap: JP¥2.6t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Lundin Gold

Market Cap: CA$23.0b

Operates as a mining company in Canada.

Fabrinet

Market Cap: US$15.8b

Provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe.

British American Tobacco Zimbabwe (Holdings)

Market Cap: US$2.0b

Together with subsidiaries, manufactures, distributes, and sells cigarettes in Zimbabwe.

Dynatrace

Market Cap: US$15.2b

Engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Nextracker

Market Cap: US$15.0b

Provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.

DocuSign

Market Cap: US$14.7b

Provides electronic signature solution in the United States and internationally.

F5

Market Cap: US$14.6b

Provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.

Chewy

Market Cap: US$14.0b

Engages in the e-commerce business in the United States.

OBICLtd

Market Cap: JP¥2.1t

Provides system integration, system support, office automation, and package software services in Japan.

HDFC Asset Management

Market Cap: ₹1.2t

A publically owned investment manager.

Luckin Coffee

Market Cap: US$12.9b

Offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China.

LG Electronics India

Market Cap: ₹1.1t

Manufactures and sells home appliances and consumer electronics in India, rest of Asia, Africa, Europe, the Middle East, South-Central America, and internationally.

ABB India

Market Cap: ₹1.1t

Develops and sells products and system solutions to utilities, industries, channel partners, and original equipment manufacturers in India and internationally.

Mazagon Dock Shipbuilders

Market Cap: ₹1.1t

Engages in the building and repairing of ships, submarines, vessels, and related engineering products in India and internationally.

Duolingo

Market Cap: US$12.4b

Operates as a mobile learning platform in the United States, the United Kingdom, and internationally.

Doximity

Market Cap: US$12.4b

Operates as a digital platform for medical professionals in the United States.

Cochlear

Market Cap: AU$18.6b

Provides implantable hearing solutions for children and adults worldwide.

On Holding

Market Cap: US$12.1b

Engages in the development and distribution of sports products worldwide.

China Resources Mixc Lifestyle Services

Market Cap: HK$92.8b

An investment holding company, engages in the provision of property management and commercial operational services in the People’s Republic of China.

Deckers Outdoor

Market Cap: US$11.9b

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

Mueller Industries

Market Cap: US$11.8b

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

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ43.1b

Provides mobile, fixed services, broadband connectivity, and IPTV solutions to homes and businesses in the United Arab Emirates.

United Spirits

Market Cap: ₹1.0t

Manufactures, sells, and distributes alcoholic beverages and other allied spirits in India and internationally.

GEA Group

Market Cap: €10.0b

Produces and supplies systems and components to the food, beverage, and pharmaceutical industries worldwide.

ICICI Lombard General Insurance

Market Cap: ₹998.9b

Provides various general insurance products and services in India.

Plejd

Market Cap: €9.7b

A technology company, develops products and services for smart lighting control in Sweden, Norway, Finland, the Netherlands, Germany, and internationally.

Rambus

Market Cap: US$11.1b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Manhattan Associates

Market Cap: US$11.0b

Develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations.

Capcom

Market Cap: JP¥1.7t

Plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally.

Tsingtao Brewery

Market Cap: CN¥77.9b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Texas Roadhouse

Market Cap: US$10.9b

Operates casual dining restaurants in the United States and internationally.

Pegasystems

Market Cap: US$10.8b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Rockchip Electronics

Market Cap: CN¥74.6b

Operates as a fabless IC design company in China.

Kanzhun

Market Cap: US$10.3b

Provides online recruitment services in the People’s Republic of China.