Global Net Cash Stocks With A Growth Track Record

OBICLtd

Market Cap: JP¥2.3t

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

Watsco

Market Cap: US$15.6b

Engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean.

On Holding

Market Cap: US$14.9b

Engages in the development and distribution of sports products worldwide.

Duolingo

Market Cap: US$14.7b

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

DocuSign

Market Cap: US$14.6b

Provides electronic signature solution in the United States and internationally.

Dynatrace

Market Cap: US$14.6b

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.

Sociedad Minera Cerro VerdeA

Market Cap: US$14.4b

Engages in the extraction, production, marketing, and sales of copper cathodes, copper concentrates, and molybdenum concentrates in Peru.

Sprouts Farmers Market

Market Cap: US$14.2b

Engages in the retailing of fresh, natural, and organic food products in the United States.

Lundin Gold

Market Cap: CA$19.4b

Operates as a mining company in Canada.

Emirates Integrated Telecommunications Company PJSC

Market Cap: د.إ49.4b

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

Paycom Software

Market Cap: US$13.0b

Provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.

Manhattan Associates

Market Cap: US$13.0b

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

Cochlear

Market Cap: AU$19.7b

Provides implantable hearing solutions for children and adults worldwide.

Doximity

Market Cap: US$12.4b

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

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.

Plejd

Market Cap: €10.3b

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

Luckin Coffee

Market Cap: US$11.9b

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

GEA Group

Market Cap: €10.2b

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

Texas Roadhouse

Market Cap: US$11.7b

Operates casual dining restaurants in the United States and internationally.

Fabrinet

Market Cap: US$11.2b

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

Tsingtao Brewery

Market Cap: HK$86.7b

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

China Resources Mixc Lifestyle Services

Market Cap: HK$86.4b

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

Alchip Technologies

Market Cap: NT$330.2b

Research, designs, and manufactures fabless application specific integrated circuits (ASIC) and system on a chip (SOC)in Japan, Taiwan, and China.

ICICI Lombard General Insurance

Market Cap: ₹931.2b

Provides various general insurance products and services in India.

Kanzhun

Market Cap: US$10.5b

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

Penumbra

Market Cap: US$10.3b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Nextracker

Market Cap: US$10.0b

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

AppFolio

Market Cap: US$9.9b

Provides cloud-based platform for the real estate industry in the United States.

New York Times

Market Cap: US$9.7b

The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide.

Lasertec

Market Cap: JP¥1.4t

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

Persistent Systems

Market Cap: ₹802.4b

Provides software products, services, and technology solutions in India, North America, and internationally.

Pegasystems

Market Cap: US$9.0b

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.

CTS Eventim KGaA

Market Cap: €7.8b

Operates in the leisure events market in Germany, Italy, the United States, Switzerland, Austria, the United Kingdom, Sweden, Finland, Spain, Brazil, Denmark, the Netherlands, and internationally.

RATIONAL

Market Cap: €7.4b

Engages in the development, production, and sale of professional cooking systems for industrial kitchens in Germany, rest of Europe, North America, Latin America, Asia, Australia, New Zealand, the Middle East, and Africa.

Descartes Systems Group

Market Cap: CA$11.8b

Provides global logistics technology solutions worldwide.

Technology One

Market Cap: AU$13.2b

Engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally.