Romanian Software Defensive Blue Chips

NVIDIA

Market Cap: US$2.7t

A computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally.

Broadcom

Market Cap: US$898.9b

Designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide.

Walmart

Market Cap: US$768.4b

Engages in the operation of retail and wholesale stores and clubs, eCommerce websites, and mobile applications worldwide.

Taiwan Semiconductor Manufacturing

Market Cap: NT$23.5t

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

JPMorgan Chase

Market Cap: US$679.8b

Operates as a financial services company worldwide.

Costco Wholesale

Market Cap: US$441.2b

Engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.

UnitedHealth Group

Market Cap: US$372.5b

Operates as a health care company in the United States and internationally.

Industrial and Commercial Bank of China

Market Cap: HK$2.5t

Provides banking products and services in the People's Republic of China and internationally.

Coca-Cola

Market Cap: US$311.4b

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

Bank of America

Market Cap: US$302.3b

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

T-Mobile US

Market Cap: US$274.3b

Provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands.

Nestlé

Market Cap: CHF 225.7b

Operates as a food and beverage company.

Kweichow Moutai

Market Cap: CN¥1.9t

Produces and sells liquor products in China and internationally.

Philip Morris International

Market Cap: US$265.0b

Operates as a tobacco company.

ASML Holding

Market Cap: €229.1b

Provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

Agricultural Bank of China

Market Cap: HK$2.0t

Provides banking products and services.

Wells Fargo

Market Cap: US$231.4b

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

China Mobile

Market Cap: HK$1.8t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Abbott Laboratories

Market Cap: US$226.3b

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

China Construction Bank

Market Cap: HK$1.6t

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.

Bank of China

Market Cap: HK$1.6t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

AT&T

Market Cap: US$196.4b

Provides telecommunications and technology services worldwide.

HSBC Holdings

Market Cap: UK£145.8b

Engages in the provision of banking and financial products and services worldwide.

Intuitive Surgical

Market Cap: US$184.9b

Develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

PepsiCo

Market Cap: US$184.1b

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

Verizon Communications

Market Cap: US$181.1b

Through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.

Commonwealth Bank of Australia

Market Cap: AU$278.6b

Provides retail and commercial banking services in Australia, New Zealand, and internationally.

Deutsche Telekom

Market Cap: €154.3b

Provides integrated telecommunication services worldwide.

HDFC Bank

Market Cap: ₹14.7t

Engages in the provision of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Royal Bank of Canada

Market Cap: CA$234.4b

Operates as a diversified financial service company worldwide.

Progressive

Market Cap: US$162.0b

Operates as an insurance company in the United States.

QUALCOMM

Market Cap: US$161.3b

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

Allianz

Market Cap: €140.1b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

Advanced Micro Devices

Market Cap: US$157.3b

Operates as a semiconductor company worldwide.

Boston Scientific

Market Cap: US$152.0b

Develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide.

Texas Instruments

Market Cap: US$146.1b

Designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, rest of Asia, Europe, Middle East, Africa, Japan, and internationally.