Programmatic S&P 500 Valuation Hub

S&P 500 Intrinsic Value & Thesis Directory

Search or filter across the entire S&P 500 to inspect live Discounted Cash Flow models, 5-year historical ROIC trends, margin of safety calculations, and autonomous SEC EDGAR filing audits.

Showing 539 of 539 Companies
Audited SEC EDGAR • 5-Year Historical Financials
AAPLWIDE MOAT
Technology

Apple Inc.

Consumer Electronics

DCF & Margin of Safety
MSFTWIDE MOAT
Technology

Microsoft Corporation

Software - Infrastructure

DCF & Margin of Safety
NVDAWIDE MOAT
Technology

NVIDIA Corporation

Semiconductors

DCF & Margin of Safety
AVGOWIDE MOAT
Technology

Broadcom Inc.

Semiconductors

DCF & Margin of Safety
ORCLNARROW MOAT
Technology

Oracle Corporation

Software - Infrastructure

DCF & Margin of Safety
CRMWIDE MOAT
Technology

Salesforce, Inc.

Software - Application

DCF & Margin of Safety
AMDNARROW MOAT
Technology

Advanced Micro Devices, Inc.

Semiconductors

DCF & Margin of Safety
ADBEWIDE MOAT
Technology

Adobe Inc.

Software - Application

DCF & Margin of Safety
CSCONARROW MOAT
Technology

Cisco Systems, Inc.

Communication Equipment

DCF & Margin of Safety
ACNWIDE MOAT
Technology

Accenture plc

Information Technology Services

DCF & Margin of Safety
TXNWIDE MOAT
Technology

Texas Instruments Incorporated

Semiconductors

DCF & Margin of Safety
QCOMNARROW MOAT
Technology

Qualcomm Incorporated

Semiconductors

DCF & Margin of Safety
IBMNARROW MOAT
Technology

International Business Machines Corporation

Information Technology Services

DCF & Margin of Safety
INTCNONE MOAT
Technology

Intel Corporation

Semiconductors

DCF & Margin of Safety
NOWWIDE MOAT
Technology

ServiceNow, Inc.

Software - Application

DCF & Margin of Safety
AMATWIDE MOAT
Technology

Applied Materials, Inc.

Semiconductor Equipment

DCF & Margin of Safety
LRCXWIDE MOAT
Technology

Lam Research Corporation

Semiconductor Equipment

DCF & Margin of Safety
ADIWIDE MOAT
Technology

Analog Devices, Inc.

Semiconductors

DCF & Margin of Safety
PANWNARROW MOAT
Technology

Palo Alto Networks, Inc.

Software - Infrastructure

DCF & Margin of Safety
MUNONE MOAT
Technology

Micron Technology, Inc.

Semiconductors

DCF & Margin of Safety
SNPSWIDE MOAT
Technology

Synopsys, Inc.

Software - Infrastructure

DCF & Margin of Safety
CDNSWIDE MOAT
Technology

Cadence Design Systems, Inc.

Software - Infrastructure

DCF & Margin of Safety
KLACWIDE MOAT
Technology

KLA Corporation

Semiconductor Equipment

DCF & Margin of Safety
NXPINARROW MOAT
Technology

NXP Semiconductors N.V.

Semiconductors

DCF & Margin of Safety
CRWDNARROW MOAT
Technology

CrowdStrike Holdings, Inc.

Software - Infrastructure

DCF & Margin of Safety
FTNTNARROW MOAT
Technology

Fortinet, Inc.

Software - Infrastructure

DCF & Margin of Safety
ADSKWIDE MOAT
Technology

Autodesk, Inc.

Software - Application

DCF & Margin of Safety
ANETNARROW MOAT
Technology

Arista Networks, Inc.

Computer Hardware

DCF & Margin of Safety
MCHPWIDE MOAT
Technology

Microchip Technology Incorporated

Semiconductors

DCF & Margin of Safety
APHWIDE MOAT
Technology

Amphenol Corporation

Electronic Components

DCF & Margin of Safety
MSIWIDE MOAT
Technology

Motorola Solutions, Inc.

Communication Equipment

DCF & Margin of Safety
TELNARROW MOAT
Technology

TE Connectivity Ltd.

Electronic Components

DCF & Margin of Safety
MPWRWIDE MOAT
Technology

Monolithic Power Systems, Inc.

Semiconductors

DCF & Margin of Safety
ROPWIDE MOAT
Technology

Roper Technologies, Inc.

Software - Application

DCF & Margin of Safety
HPQNONE MOAT
Technology

HP Inc.

Computer Hardware

DCF & Margin of Safety
DELLNONE MOAT
Technology

Dell Technologies Inc.

Computer Hardware

DCF & Margin of Safety
ONNARROW MOAT
Technology

ON Semiconductor Corporation

Semiconductors

DCF & Margin of Safety
KEYSNARROW MOAT
Technology

Keysight Technologies, Inc.

Electronic Components

DCF & Margin of Safety
ANSSWIDE MOAT
Technology

ANSYS, Inc.

Software - Application

DCF & Margin of Safety
TYLWIDE MOAT
Technology

Tyler Technologies, Inc.

Software - Application

DCF & Margin of Safety
ZBRANARROW MOAT
Technology

Zebra Technologies Corporation

Computer Hardware

DCF & Margin of Safety
TERWIDE MOAT
Technology

Teradyne, Inc.

Semiconductor Equipment

DCF & Margin of Safety
NTAPNARROW MOAT
Technology

NetApp, Inc.

Computer Hardware

DCF & Margin of Safety
WDCNONE MOAT
Technology

Western Digital Corporation

Computer Hardware

DCF & Margin of Safety
STXNONE MOAT
Technology

Seagate Technology Holdings plc

Computer Hardware

DCF & Margin of Safety
SWKSNARROW MOAT
Technology

Skyworks Solutions, Inc.

Semiconductors

DCF & Margin of Safety
QRVONONE MOAT
Technology

Qorvo, Inc.

Semiconductors

DCF & Margin of Safety
GLWNARROW MOAT
Technology

Corning Incorporated

Electronic Components

DCF & Margin of Safety
EPAMNARROW MOAT
Technology

EPAM Systems, Inc.

Information Technology Services

DCF & Margin of Safety
FFIVNARROW MOAT
Technology

F5, Inc.

Software - Infrastructure

DCF & Margin of Safety
AKAMNARROW MOAT
Technology

Akamai Technologies, Inc.

Software - Infrastructure

DCF & Margin of Safety
GENNARROW MOAT
Technology

Gen Digital Inc.

Software - Infrastructure

DCF & Margin of Safety
JNPRNONE MOAT
Technology

Juniper Networks, Inc.

Communication Equipment

DCF & Margin of Safety
GOOGLWIDE MOAT
Communication Services

Alphabet Inc. (Class A)

Internet Content & Information

DCF & Margin of Safety
GOOGWIDE MOAT
Communication Services

Alphabet Inc. (Class C)

Internet Content & Information

DCF & Margin of Safety
METAWIDE MOAT
Communication Services

Meta Platforms, Inc.

Internet Content & Information

DCF & Margin of Safety
NFLXWIDE MOAT
Communication Services

Netflix, Inc.

Entertainment

DCF & Margin of Safety
DISWIDE MOAT
Communication Services

The Walt Disney Company

Entertainment

DCF & Margin of Safety
TMUSNARROW MOAT
Communication Services

T-Mobile US, Inc.

Telecom Services

DCF & Margin of Safety
CMCSAWIDE MOAT
Communication Services

Comcast Corporation

Telecom Services

DCF & Margin of Safety
VZNARROW MOAT
Communication Services

Verizon Communications Inc.

Telecom Services

DCF & Margin of Safety
TNARROW MOAT
Communication Services

AT&T Inc.

Telecom Services

DCF & Margin of Safety
CHTRNARROW MOAT
Communication Services

Charter Communications, Inc.

Telecom Services

DCF & Margin of Safety
EAWIDE MOAT
Communication Services

Electronic Arts Inc.

Electronic Gaming & Multimedia

DCF & Margin of Safety
TTWONARROW MOAT
Communication Services

Take-Two Interactive Software, Inc.

Electronic Gaming & Multimedia

DCF & Margin of Safety
WBDNONE MOAT
Communication Services

Warner Bros. Discovery, Inc.

Entertainment

DCF & Margin of Safety
PARANONE MOAT
Communication Services

Paramount Global

Entertainment

DCF & Margin of Safety
OMCNARROW MOAT
Communication Services

Omnicom Group Inc.

Advertising Agencies

DCF & Margin of Safety
IPGNARROW MOAT
Communication Services

The Interpublic Group of Companies, Inc.

Advertising Agencies

DCF & Margin of Safety
MTCHNARROW MOAT
Communication Services

Match Group, Inc.

Internet Content & Information

DCF & Margin of Safety
LYVWIDE MOAT
Communication Services

Live Nation Entertainment, Inc.

Entertainment

DCF & Margin of Safety
FOXANARROW MOAT
Communication Services

Fox Corporation (Class A)

Entertainment

DCF & Margin of Safety
AMZNWIDE MOAT
Consumer Cyclical

Amazon.com, Inc.

Internet Retail

DCF & Margin of Safety
TSLANARROW MOAT
Consumer Cyclical

Tesla, Inc.

Auto Manufacturers

DCF & Margin of Safety
HDWIDE MOAT
Consumer Cyclical

The Home Depot, Inc.

Home Improvement Retail

DCF & Margin of Safety
MCDWIDE MOAT
Consumer Cyclical

McDonald's Corporation

Restaurants

DCF & Margin of Safety
NKEWIDE MOAT
Consumer Cyclical

NIKE, Inc.

Footwear & Accessories

DCF & Margin of Safety
LOWWIDE MOAT
Consumer Cyclical

Lowe's Companies, Inc.

Home Improvement Retail

DCF & Margin of Safety
SBUXWIDE MOAT
Consumer Cyclical

Starbucks Corporation

Restaurants

DCF & Margin of Safety
BKNGWIDE MOAT
Consumer Cyclical

Booking Holdings Inc.

Travel Services

DCF & Margin of Safety
TJXWIDE MOAT
Consumer Cyclical

The TJX Companies, Inc.

Apparel Retail

DCF & Margin of Safety
CMGWIDE MOAT
Consumer Cyclical

Chipotle Mexican Grill, Inc.

Restaurants

DCF & Margin of Safety
ORLYWIDE MOAT
Consumer Cyclical

O'Reilly Automotive, Inc.

Auto Parts

DCF & Margin of Safety
AZOWIDE MOAT
Consumer Cyclical

AutoZone, Inc.

Auto Parts

DCF & Margin of Safety
MARWIDE MOAT
Consumer Cyclical

Marriott International, Inc.

Lodging

DCF & Margin of Safety
HLTWIDE MOAT
Consumer Cyclical

Hilton Worldwide Holdings Inc.

Lodging

DCF & Margin of Safety
ROSTNARROW MOAT
Consumer Cyclical

Ross Stores, Inc.

Apparel Retail

DCF & Margin of Safety
YUMWIDE MOAT
Consumer Cyclical

Yum! Brands, Inc.

Restaurants

DCF & Margin of Safety
FNONE MOAT
Consumer Cyclical

Ford Motor Company

Auto Manufacturers

DCF & Margin of Safety
GMNONE MOAT
Consumer Cyclical

General Motors Company

Auto Manufacturers

DCF & Margin of Safety
EBAYNARROW MOAT
Consumer Cyclical

eBay Inc.

Internet Retail

DCF & Margin of Safety
DHINARROW MOAT
Consumer Cyclical

D.R. Horton, Inc.

Residential Construction

DCF & Margin of Safety
LENNARROW MOAT
Consumer Cyclical

Lennar Corporation

Residential Construction

DCF & Margin of Safety
NVRWIDE MOAT
Consumer Cyclical

NVR, Inc.

Residential Construction

DCF & Margin of Safety
PHMNARROW MOAT
Consumer Cyclical

PulteGroup, Inc.

Residential Construction

DCF & Margin of Safety
TSCOWIDE MOAT
Consumer Cyclical

Tractor Supply Company

Specialty Retail

DCF & Margin of Safety
ULTANARROW MOAT
Consumer Cyclical

Ulta Beauty, Inc.

Specialty Retail

DCF & Margin of Safety
EXPENARROW MOAT
Consumer Cyclical

Expedia Group, Inc.

Travel Services

DCF & Margin of Safety
BBYNONE MOAT
Consumer Cyclical

Best Buy Co., Inc.

Specialty Retail

DCF & Margin of Safety
DRINARROW MOAT
Consumer Cyclical

Darden Restaurants, Inc.

Restaurants

DCF & Margin of Safety
DPZWIDE MOAT
Consumer Cyclical

Domino's Pizza, Inc.

Restaurants

DCF & Margin of Safety
LULUNARROW MOAT
Consumer Cyclical

Lululemon Athletica Inc.

Apparel Retail

DCF & Margin of Safety
GRMNNARROW MOAT
Consumer Cyclical

Garmin Ltd.

Consumer Electronics

DCF & Margin of Safety
GPCNARROW MOAT
Consumer Cyclical

Genuine Parts Company

Auto Parts

DCF & Margin of Safety
APTVNARROW MOAT
Consumer Cyclical

Aptiv PLC

Auto Parts

DCF & Margin of Safety
BWANONE MOAT
Consumer Cyclical

BorgWarner Inc.

Auto Parts

DCF & Margin of Safety
POOLWIDE MOAT
Consumer Cyclical

Pool Corporation

Specialty Retail

DCF & Margin of Safety
LKQNARROW MOAT
Consumer Cyclical

LKQ Corporation

Auto Parts

DCF & Margin of Safety
MHKNARROW MOAT
Consumer Cyclical

Mohawk Industries, Inc.

Homebuilding

DCF & Margin of Safety
HASNARROW MOAT
Consumer Cyclical

Hasbro, Inc.

Leisure

DCF & Margin of Safety
TPRNARROW MOAT
Consumer Cyclical

Tapestry, Inc.

Apparel Luxury

DCF & Margin of Safety
RLNARROW MOAT
Consumer Cyclical

Ralph Lauren Corporation

Apparel Luxury

DCF & Margin of Safety
WMTWIDE MOAT
Consumer Defensive

Walmart Inc.

Discount Stores

DCF & Margin of Safety
COSTWIDE MOAT
Consumer Defensive

Costco Wholesale Corporation

Discount Stores

DCF & Margin of Safety
PGWIDE MOAT
Consumer Defensive

The Procter & Gamble Company

Household & Personal Products

DCF & Margin of Safety
KOWIDE MOAT
Consumer Defensive

The Coca-Cola Company

Beverages - Non-Alcoholic

DCF & Margin of Safety
PEPWIDE MOAT
Consumer Defensive

PepsiCo, Inc.

Beverages - Non-Alcoholic

DCF & Margin of Safety
PMWIDE MOAT
Consumer Defensive

Philip Morris International Inc.

Tobacco

DCF & Margin of Safety
MDLZWIDE MOAT
Consumer Defensive

Mondelez International, Inc.

Confectionery

DCF & Margin of Safety
MOWIDE MOAT
Consumer Defensive

Altria Group, Inc.

Tobacco

DCF & Margin of Safety
CLWIDE MOAT
Consumer Defensive

Colgate-Palmolive Company

Household & Personal Products

DCF & Margin of Safety
TGTNONE MOAT
Consumer Defensive

Target Corporation

Discount Stores

DCF & Margin of Safety
KMBNARROW MOAT
Consumer Defensive

Kimberly-Clark Corporation

Household & Personal Products

DCF & Margin of Safety
MNSTWIDE MOAT
Consumer Defensive

Monster Beverage Corporation

Beverages - Non-Alcoholic

DCF & Margin of Safety
STZWIDE MOAT
Consumer Defensive

Constellation Brands, Inc.

Beverages - Wineries & Distilleries

DCF & Margin of Safety
GISNARROW MOAT
Consumer Defensive

General Mills, Inc.

Packaged Foods

DCF & Margin of Safety
KNARROW MOAT
Consumer Defensive

Kellanova

Packaged Foods

DCF & Margin of Safety
KHCNARROW MOAT
Consumer Defensive

The Kraft Heinz Company

Packaged Foods

DCF & Margin of Safety
KRNONE MOAT
Consumer Defensive

The Kroger Co.

Grocery Stores

DCF & Margin of Safety
SYYNARROW MOAT
Consumer Defensive

Sysco Corporation

Food Distribution

DCF & Margin of Safety
ADMNARROW MOAT
Consumer Defensive

Archer-Daniels-Midland Company

Farm Products

DCF & Margin of Safety
ELWIDE MOAT
Consumer Defensive

The Estée Lauder Companies Inc.

Household & Personal Products

DCF & Margin of Safety
HSYWIDE MOAT
Consumer Defensive

The Hershey Company

Confectionery

DCF & Margin of Safety
MKCWIDE MOAT
Consumer Defensive

McCormick & Company, Incorporated

Packaged Foods

DCF & Margin of Safety
CLXWIDE MOAT
Consumer Defensive

The Clorox Company

Household & Personal Products

DCF & Margin of Safety
CHDWIDE MOAT
Consumer Defensive

Church & Dwight Co., Inc.

Household & Personal Products

DCF & Margin of Safety
TSNNONE MOAT
Consumer Defensive

Tyson Foods, Inc.

Farm Products

DCF & Margin of Safety
CAGNONE MOAT
Consumer Defensive

Conagra Brands, Inc.

Packaged Foods

DCF & Margin of Safety
HRLNARROW MOAT
Consumer Defensive

Hormel Foods Corporation

Packaged Foods

DCF & Margin of Safety
CPBNARROW MOAT
Consumer Defensive

The Campbell Soup Company

Packaged Foods

DCF & Margin of Safety
SJMNARROW MOAT
Consumer Defensive

The J. M. Smucker Company

Packaged Foods

DCF & Margin of Safety
TAPNONE MOAT
Consumer Defensive

Molson Coors Beverage Company

Beverages - Brewers

DCF & Margin of Safety
BF.BWIDE MOAT
Consumer Defensive

Brown-Forman Corporation

Beverages - Wineries & Distilleries

DCF & Margin of Safety
BRK.BWIDE MOAT
Financials

Berkshire Hathaway Inc.

Insurance - Diversified

DCF & Margin of Safety
JPMWIDE MOAT
Financials

JPMorgan Chase & Co.

Banks - Diversified

DCF & Margin of Safety
VWIDE MOAT
Financials

Visa Inc.

Credit Services

DCF & Margin of Safety
MAWIDE MOAT
Financials

Mastercard Incorporated

Credit Services

DCF & Margin of Safety
BACWIDE MOAT
Financials

Bank of America Corporation

Banks - Diversified

DCF & Margin of Safety
WFCNARROW MOAT
Financials

Wells Fargo & Company

Banks - Diversified

DCF & Margin of Safety
MSNARROW MOAT
Financials

Morgan Stanley

Capital Markets

DCF & Margin of Safety
GSNARROW MOAT
Financials

The Goldman Sachs Group, Inc.

Capital Markets

DCF & Margin of Safety
SPGIWIDE MOAT
Financials

S&P Global Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
MCOWIDE MOAT
Financials

Moody's Corporation

Financial Data & Stock Exchanges

DCF & Margin of Safety
BLKWIDE MOAT
Financials

BlackRock, Inc.

Asset Management

DCF & Margin of Safety
CNONE MOAT
Financials

Citigroup Inc.

Banks - Diversified

DCF & Margin of Safety
AXPWIDE MOAT
Financials

American Express Company

Credit Services

DCF & Margin of Safety
PGRWIDE MOAT
Financials

The Progressive Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
CBNARROW MOAT
Financials

Chubb Limited

Insurance - Property & Casualty

DCF & Margin of Safety
MMCWIDE MOAT
Financials

Marsh & McLennan Companies, Inc.

Insurance Brokers

DCF & Margin of Safety
AONWIDE MOAT
Financials

Aon plc

Insurance Brokers

DCF & Margin of Safety
CMEWIDE MOAT
Financials

CME Group Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
ICEWIDE MOAT
Financials

Intercontinental Exchange, Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
SCHWWIDE MOAT
Financials

The Charles Schwab Corporation

Capital Markets

DCF & Margin of Safety
AJGWIDE MOAT
Financials

Arthur J. Gallagher & Co.

Insurance Brokers

DCF & Margin of Safety
TRVNARROW MOAT
Financials

The Travelers Companies, Inc.

Insurance - Property & Casualty

DCF & Margin of Safety
ALLNARROW MOAT
Financials

The Allstate Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
AIGNONE MOAT
Financials

American International Group, Inc.

Insurance - Diversified

DCF & Margin of Safety
METNONE MOAT
Financials

MetLife, Inc.

Insurance - Life

DCF & Margin of Safety
PRUNONE MOAT
Financials

Prudential Financial, Inc.

Insurance - Life

DCF & Margin of Safety
AFLNARROW MOAT
Financials

Aflac Incorporated

Insurance - Life

DCF & Margin of Safety
PNCNARROW MOAT
Financials

The PNC Financial Services Group, Inc.

Banks - Regional

DCF & Margin of Safety
USBNARROW MOAT
Financials

U.S. Bancorp

Banks - Regional

DCF & Margin of Safety
TFCNARROW MOAT
Financials

Truist Financial Corporation

Banks - Regional

DCF & Margin of Safety
COFNARROW MOAT
Financials

Capital One Financial Corporation

Credit Services

DCF & Margin of Safety
BKWIDE MOAT
Financials

The Bank of New York Mellon Corporation

Asset Management

DCF & Margin of Safety
STTWIDE MOAT
Financials

State Street Corporation

Asset Management

DCF & Margin of Safety
AMPNARROW MOAT
Financials

Ameriprise Financial, Inc.

Asset Management

DCF & Margin of Safety
MSCIWIDE MOAT
Financials

MSCI Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
NDAQWIDE MOAT
Financials

Nasdaq, Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
CBOEWIDE MOAT
Financials

Cboe Global Markets, Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
FICOWIDE MOAT
Financials

Fair Isaac Corporation

Software - Infrastructure

DCF & Margin of Safety
DFSNARROW MOAT
Financials

Discover Financial Services

Credit Services

DCF & Margin of Safety
FITBNONE MOAT
Financials

Fifth Third Bancorp

Banks - Regional

DCF & Margin of Safety
MTBNARROW MOAT
Financials

M&T Bank Corporation

Banks - Regional

DCF & Margin of Safety
HBANNONE MOAT
Financials

Huntington Bancshares Incorporated

Banks - Regional

DCF & Margin of Safety
KEYNONE MOAT
Financials

KeyCorp

Banks - Regional

DCF & Margin of Safety
RFNONE MOAT
Financials

Regions Financial Corporation

Banks - Regional

DCF & Margin of Safety
CFGNONE MOAT
Financials

Citizens Financial Group, Inc.

Banks - Regional

DCF & Margin of Safety
NTRSWIDE MOAT
Financials

Northern Trust Corporation

Asset Management

DCF & Margin of Safety
PFGNONE MOAT
Financials

Principal Financial Group, Inc.

Asset Management

DCF & Margin of Safety
ACGLNARROW MOAT
Financials

Arch Capital Group Ltd.

Insurance - Diversified

DCF & Margin of Safety
WRBNARROW MOAT
Financials

W. R. Berkley Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
BRONARROW MOAT
Financials

Brown & Brown, Inc.

Insurance Brokers

DCF & Margin of Safety
WTWNARROW MOAT
Financials

Willis Towers Watson Public Limited Company

Insurance Brokers

DCF & Margin of Safety
CINFNARROW MOAT
Financials

Cincinnati Financial Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
LLYWIDE MOAT
Healthcare

Eli Lilly and Company

Drug Manufacturers - General

DCF & Margin of Safety
UNHWIDE MOAT
Healthcare

UnitedHealth Group Incorporated

Healthcare Plans

DCF & Margin of Safety
JNJWIDE MOAT
Healthcare

Johnson & Johnson

Drug Manufacturers - General

DCF & Margin of Safety
ABBVWIDE MOAT
Healthcare

AbbVie Inc.

Drug Manufacturers - General

DCF & Margin of Safety
MRKWIDE MOAT
Healthcare

Merck & Co., Inc.

Drug Manufacturers - General

DCF & Margin of Safety
TMOWIDE MOAT
Healthcare

Thermo Fisher Scientific Inc.

Diagnostics & Research

DCF & Margin of Safety
ABTWIDE MOAT
Healthcare

Abbott Laboratories

Medical Devices

DCF & Margin of Safety
DHRWIDE MOAT
Healthcare

Danaher Corporation

Diagnostics & Research

DCF & Margin of Safety
ISRGWIDE MOAT
Healthcare

Intuitive Surgical, Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
PFEWIDE MOAT
Healthcare

Pfizer Inc.

Drug Manufacturers - General

DCF & Margin of Safety
AMGNWIDE MOAT
Healthcare

Amgen Inc.

Drug Manufacturers - General

DCF & Margin of Safety
SYKWIDE MOAT
Healthcare

Stryker Corporation

Medical Devices

DCF & Margin of Safety
VRTXWIDE MOAT
Healthcare

Vertex Pharmaceuticals Incorporated

Biotechnology

DCF & Margin of Safety
REGNNARROW MOAT
Healthcare

Regeneron Pharmaceuticals, Inc.

Biotechnology

DCF & Margin of Safety
BMYNARROW MOAT
Healthcare

Bristol-Myers Squibb Company

Drug Manufacturers - General

DCF & Margin of Safety
CINARROW MOAT
Healthcare

The Cigna Group

Healthcare Plans

DCF & Margin of Safety
ELVNARROW MOAT
Healthcare

Elevance Health, Inc.

Healthcare Plans

DCF & Margin of Safety
BSXNARROW MOAT
Healthcare

Boston Scientific Corporation

Medical Devices

DCF & Margin of Safety
GILDWIDE MOAT
Healthcare

Gilead Sciences, Inc.

Drug Manufacturers - General

DCF & Margin of Safety
MDTWIDE MOAT
Healthcare

Medtronic plc

Medical Devices

DCF & Margin of Safety
ZTSWIDE MOAT
Healthcare

Zoetis Inc.

Drug Manufacturers - Specialty & Generic

DCF & Margin of Safety
BDXNARROW MOAT
Healthcare

Becton, Dickinson and Company

Medical Instruments & Supplies

DCF & Margin of Safety
MCKNARROW MOAT
Healthcare

McKesson Corporation

Medical Distribution

DCF & Margin of Safety
CORNARROW MOAT
Healthcare

Cencora, Inc.

Medical Distribution

DCF & Margin of Safety
CAHNARROW MOAT
Healthcare

Cardinal Health, Inc.

Medical Distribution

DCF & Margin of Safety
HCANARROW MOAT
Healthcare

HCA Healthcare, Inc.

Medical Care Facilities

DCF & Margin of Safety
CVSNARROW MOAT
Healthcare

CVS Health Corporation

Healthcare Plans

DCF & Margin of Safety
HUMNARROW MOAT
Healthcare

Humana Inc.

Healthcare Plans

DCF & Margin of Safety
EWWIDE MOAT
Healthcare

Edwards Lifesciences Corporation

Medical Devices

DCF & Margin of Safety
IQVNARROW MOAT
Healthcare

IQVIA Holdings Inc.

Diagnostics & Research

DCF & Margin of Safety
AWIDE MOAT
Healthcare

Agilent Technologies, Inc.

Diagnostics & Research

DCF & Margin of Safety
IDXXWIDE MOAT
Healthcare

IDEXX Laboratories, Inc.

Diagnostics & Research

DCF & Margin of Safety
DXCMNARROW MOAT
Healthcare

DexCom, Inc.

Medical Devices

DCF & Margin of Safety
MTDWIDE MOAT
Healthcare

Mettler-Toledo International Inc.

Diagnostics & Research

DCF & Margin of Safety
WSTWIDE MOAT
Healthcare

West Pharmaceutical Services, Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
GEHCNARROW MOAT
Healthcare

GE HealthCare Technologies Inc.

Medical Devices

DCF & Margin of Safety
RMDNARROW MOAT
Healthcare

ResMed Inc.

Medical Devices

DCF & Margin of Safety
WATWIDE MOAT
Healthcare

Waters Corporation

Diagnostics & Research

DCF & Margin of Safety
BIIBNARROW MOAT
Healthcare

Biogen Inc.

Biotechnology

DCF & Margin of Safety
ILMNWIDE MOAT
Healthcare

Illumina, Inc.

Diagnostics & Research

DCF & Margin of Safety
ALGNNARROW MOAT
Healthcare

Align Technology, Inc.

Medical Devices

DCF & Margin of Safety
STEWIDE MOAT
Healthcare

STERIS plc

Medical Devices

DCF & Margin of Safety
HOLXNARROW MOAT
Healthcare

Hologic, Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
BAXNONE MOAT
Healthcare

Baxter International Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
DGXNARROW MOAT
Healthcare

Quest Diagnostics Incorporated

Diagnostics & Research

DCF & Margin of Safety
LHNARROW MOAT
Healthcare

Laboratory Corporation of America Holdings

Diagnostics & Research

DCF & Margin of Safety
GEWIDE MOAT
Industrials

GE Aerospace

Aerospace & Defense

DCF & Margin of Safety
CATWIDE MOAT
Industrials

Caterpillar Inc.

Farm & Heavy Construction Machinery

DCF & Margin of Safety
UNPWIDE MOAT
Industrials

Union Pacific Corporation

Railroads

DCF & Margin of Safety
RTXWIDE MOAT
Industrials

RTX Corporation

Aerospace & Defense

DCF & Margin of Safety
HONWIDE MOAT
Industrials

Honeywell International Inc.

Conglomerates

DCF & Margin of Safety
BAWIDE MOAT
Industrials

The Boeing Company

Aerospace & Defense

DCF & Margin of Safety
DEWIDE MOAT
Industrials

Deere & Company

Farm & Heavy Construction Machinery

DCF & Margin of Safety
LMTWIDE MOAT
Industrials

Lockheed Martin Corporation

Aerospace & Defense

DCF & Margin of Safety
ETNWIDE MOAT
Industrials

Eaton Corporation plc

Specialty Industrial Machinery

DCF & Margin of Safety
UBERNARROW MOAT
Industrials

Uber Technologies, Inc.

Software - Infrastructure

DCF & Margin of Safety
ITWWIDE MOAT
Industrials

Illinois Tool Works Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
WMWIDE MOAT
Industrials

Waste Management, Inc.

Waste Management

DCF & Margin of Safety
NOCWIDE MOAT
Industrials

Northrop Grumman Corporation

Aerospace & Defense

DCF & Margin of Safety
CSXWIDE MOAT
Industrials

CSX Corporation

Railroads

DCF & Margin of Safety
NSCWIDE MOAT
Industrials

Norfolk Southern Corporation

Railroads

DCF & Margin of Safety
GDWIDE MOAT
Industrials

General Dynamics Corporation

Aerospace & Defense

DCF & Margin of Safety
PHWIDE MOAT
Industrials

Parker-Hannifin Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
EMRWIDE MOAT
Industrials

Emerson Electric Co.

Specialty Industrial Machinery

DCF & Margin of Safety
TDGWIDE MOAT
Industrials

TransDigm Group Incorporated

Aerospace & Defense

DCF & Margin of Safety
FDXNARROW MOAT
Industrials

FedEx Corporation

Integrated Freight & Logistics

DCF & Margin of Safety
UPSWIDE MOAT
Industrials

United Parcel Service, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
TTNARROW MOAT
Industrials

Trane Technologies plc

Building Products & Equipment

DCF & Margin of Safety
CARRNARROW MOAT
Industrials

Carrier Global Corporation

Building Products & Equipment

DCF & Margin of Safety
OTISWIDE MOAT
Industrials

Otis Worldwide Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
RSGWIDE MOAT
Industrials

Republic Services, Inc.

Waste Management

DCF & Margin of Safety
GWWWIDE MOAT
Industrials

W.W. Grainger, Inc.

Industrial Distribution

DCF & Margin of Safety
FASTWIDE MOAT
Industrials

Fastenal Company

Industrial Distribution

DCF & Margin of Safety
URINARROW MOAT
Industrials

United Rentals, Inc.

Rental & Leasing Services

DCF & Margin of Safety
ODFLWIDE MOAT
Industrials

Old Dominion Freight Line, Inc.

Trucking

DCF & Margin of Safety
CTASWIDE MOAT
Industrials

Cintas Corporation

Specialty Business Services

DCF & Margin of Safety
PCARNARROW MOAT
Industrials

PACCAR Inc

Farm & Heavy Construction Machinery

DCF & Margin of Safety
IRNARROW MOAT
Industrials

Ingersoll Rand Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
CPRTWIDE MOAT
Industrials

Copart, Inc.

Specialty Business Services

DCF & Margin of Safety
WABWIDE MOAT
Industrials

Westinghouse Air Brake Technologies Corporation

Railroads

DCF & Margin of Safety
LHXNARROW MOAT
Industrials

L3Harris Technologies, Inc.

Aerospace & Defense

DCF & Margin of Safety
EFXWIDE MOAT
Industrials

Equifax Inc.

Specialty Business Services

DCF & Margin of Safety
VRSKWIDE MOAT
Industrials

Verisk Analytics, Inc.

Specialty Business Services

DCF & Margin of Safety
XYLNARROW MOAT
Industrials

Xylem Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
DOVWIDE MOAT
Industrials

Dover Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
SNANARROW MOAT
Industrials

Snap-on Incorporated

Tools & Accessories

DCF & Margin of Safety
SWKNONE MOAT
Industrials

Stanley Black & Decker, Inc.

Tools & Accessories

DCF & Margin of Safety
PNRNARROW MOAT
Industrials

Pentair plc

Specialty Industrial Machinery

DCF & Margin of Safety
MASNARROW MOAT
Industrials

Masco Corporation

Building Products & Equipment

DCF & Margin of Safety
AOSWIDE MOAT
Industrials

A. O. Smith Corporation

Building Products & Equipment

DCF & Margin of Safety
ALLENARROW MOAT
Industrials

Allegion plc

Building Products & Equipment

DCF & Margin of Safety
ROLWIDE MOAT
Industrials

Rollins, Inc.

Specialty Business Services

DCF & Margin of Safety
EXPDNARROW MOAT
Industrials

Expeditors International of Washington, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
CHRWNARROW MOAT
Industrials

C.H. Robinson Worldwide, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
JBHTNARROW MOAT
Industrials

J.B. Hunt Transport Services, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
DALNONE MOAT
Industrials

Delta Air Lines, Inc.

Airlines

DCF & Margin of Safety
LUVNONE MOAT
Industrials

Southwest Airlines Co.

Airlines

DCF & Margin of Safety
UALNONE MOAT
Industrials

United Airlines Holdings, Inc.

Airlines

DCF & Margin of Safety
AXONWIDE MOAT
Industrials

Axon Enterprise, Inc.

Aerospace & Defense

DCF & Margin of Safety
BLDRNARROW MOAT
Industrials

Builders FirstSource, Inc.

Building Products & Equipment

DCF & Margin of Safety
NDSNWIDE MOAT
Industrials

Nordson Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
IEXWIDE MOAT
Industrials

IDEX Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
XOMNARROW MOAT
Energy

Exxon Mobil Corporation

Oil & Gas Integrated

DCF & Margin of Safety
CVXNARROW MOAT
Energy

Chevron Corporation

Oil & Gas Integrated

DCF & Margin of Safety
COPNARROW MOAT
Energy

ConocoPhillips

Oil & Gas E&P

DCF & Margin of Safety
EOGNARROW MOAT
Energy

EOG Resources, Inc.

Oil & Gas E&P

DCF & Margin of Safety
SLBNARROW MOAT
Energy

Schlumberger Limited

Oil & Gas Equipment & Services

DCF & Margin of Safety
OXYNONE MOAT
Energy

Occidental Petroleum Corporation

Oil & Gas E&P

DCF & Margin of Safety
MPCNARROW MOAT
Energy

Marathon Petroleum Corporation

Oil & Gas Refining & Marketing

DCF & Margin of Safety
PSXNARROW MOAT
Energy

Phillips 66

Oil & Gas Refining & Marketing

DCF & Margin of Safety
VLONONE MOAT
Energy

Valero Energy Corporation

Oil & Gas Refining & Marketing

DCF & Margin of Safety
WMBNARROW MOAT
Energy

The Williams Companies, Inc.

Oil & Gas Midstream

DCF & Margin of Safety
KMINARROW MOAT
Energy

Kinder Morgan, Inc.

Oil & Gas Midstream

DCF & Margin of Safety
ONEKNARROW MOAT
Energy

ONEOK, Inc.

Oil & Gas Midstream

DCF & Margin of Safety
HALNARROW MOAT
Energy

Halliburton Company

Oil & Gas Equipment & Services

DCF & Margin of Safety
BKRNARROW MOAT
Energy

Baker Hughes Company

Oil & Gas Equipment & Services

DCF & Margin of Safety
DVNNONE MOAT
Energy

Devon Energy Corporation

Oil & Gas E&P

DCF & Margin of Safety
FANGNARROW MOAT
Energy

Diamondback Energy, Inc.

Oil & Gas E&P

DCF & Margin of Safety
HESNARROW MOAT
Energy

Hess Corporation

Oil & Gas E&P

DCF & Margin of Safety
TRGPNARROW MOAT
Energy

Targa Resources Corp.

Oil & Gas Midstream

DCF & Margin of Safety
EQTNONE MOAT
Energy

EQT Corporation

Oil & Gas E&P

DCF & Margin of Safety
LINWIDE MOAT
Basic Materials

Linde plc

Specialty Chemicals

DCF & Margin of Safety
SHWWIDE MOAT
Basic Materials

The Sherwin-Williams Company

Specialty Chemicals

DCF & Margin of Safety
APDWIDE MOAT
Basic Materials

Air Products and Chemicals, Inc.

Specialty Chemicals

DCF & Margin of Safety
FCXNONE MOAT
Basic Materials

Freeport-McMoRan Inc.

Copper

DCF & Margin of Safety
ECLWIDE MOAT
Basic Materials

Ecolab Inc.

Specialty Chemicals

DCF & Margin of Safety
NUENARROW MOAT
Basic Materials

Nucor Corporation

Steel

DCF & Margin of Safety
DOWNARROW MOAT
Basic Materials

Dow Inc.

Chemicals

DCF & Margin of Safety
CTVAWIDE MOAT
Basic Materials

Corteva, Inc.

Agricultural Inputs

DCF & Margin of Safety
MLMWIDE MOAT
Basic Materials

Martin Marietta Materials, Inc.

Building Materials

DCF & Margin of Safety
VMCWIDE MOAT
Basic Materials

Vulcan Materials Company

Building Materials

DCF & Margin of Safety
PPGNARROW MOAT
Basic Materials

PPG Industries, Inc.

Specialty Chemicals

DCF & Margin of Safety
IFFWIDE MOAT
Basic Materials

International Flavors & Fragrances Inc.

Specialty Chemicals

DCF & Margin of Safety
LYBNONE MOAT
Basic Materials

LyondellBasell Industries N.V.

Specialty Chemicals

DCF & Margin of Safety
ALBNARROW MOAT
Basic Materials

Albemarle Corporation

Specialty Chemicals

DCF & Margin of Safety
FMCNARROW MOAT
Basic Materials

FMC Corporation

Agricultural Inputs

DCF & Margin of Safety
MOSNONE MOAT
Basic Materials

The Mosaic Company

Agricultural Inputs

DCF & Margin of Safety
CFNARROW MOAT
Basic Materials

CF Industries Holdings, Inc.

Agricultural Inputs

DCF & Margin of Safety
CENARROW MOAT
Basic Materials

Celanese Corporation

Chemicals

DCF & Margin of Safety
EMNNARROW MOAT
Basic Materials

Eastman Chemical Company

Chemicals

DCF & Margin of Safety
RPMNARROW MOAT
Basic Materials

RPM International Inc.

Specialty Chemicals

DCF & Margin of Safety
STLDNARROW MOAT
Basic Materials

Steel Dynamics, Inc.

Steel

DCF & Margin of Safety
IPNONE MOAT
Basic Materials

International Paper Company

Packaging & Containers

DCF & Margin of Safety
PKGNARROW MOAT
Basic Materials

Packaging Corporation of America

Packaging & Containers

DCF & Margin of Safety
BALLNARROW MOAT
Basic Materials

Ball Corporation

Packaging & Containers

DCF & Margin of Safety
AVYNARROW MOAT
Basic Materials

Avery Dennison Corporation

Packaging & Containers

DCF & Margin of Safety
AMCRNARROW MOAT
Basic Materials

Amcor plc

Packaging & Containers

DCF & Margin of Safety
PLDNARROW MOAT
Real Estate

Prologis, Inc.

REIT - Industrial

DCF & Margin of Safety
AMTNARROW MOAT
Real Estate

American Tower Corporation

REIT - Specialty

DCF & Margin of Safety
EQIXNARROW MOAT
Real Estate

Equinix, Inc.

REIT - Specialty

DCF & Margin of Safety
CCINARROW MOAT
Real Estate

Crown Castle Inc.

REIT - Specialty

DCF & Margin of Safety
PSANARROW MOAT
Real Estate

Public Storage

REIT - Industrial

DCF & Margin of Safety
ONARROW MOAT
Real Estate

Realty Income Corporation

REIT - Retail

DCF & Margin of Safety
DLRNARROW MOAT
Real Estate

Digital Realty Trust, Inc.

REIT - Specialty

DCF & Margin of Safety
SPGNARROW MOAT
Real Estate

Simon Property Group, Inc.

REIT - Retail

DCF & Margin of Safety
WELLNONE MOAT
Real Estate

Welltower Inc.

REIT - Healthcare Facilities

DCF & Margin of Safety
VICINARROW MOAT
Real Estate

VICI Properties Inc.

REIT - Specialty

DCF & Margin of Safety
CBRENARROW MOAT
Real Estate

CBRE Group, Inc.

Real Estate Services

DCF & Margin of Safety
AVBNONE MOAT
Real Estate

AvalonBay Communities, Inc.

REIT - Residential

DCF & Margin of Safety
EQRNONE MOAT
Real Estate

Equity Residential

REIT - Residential

DCF & Margin of Safety
SBACNARROW MOAT
Real Estate

SBA Communications Corporation

REIT - Specialty

DCF & Margin of Safety
VTRNONE MOAT
Real Estate

Ventas, Inc.

REIT - Healthcare Facilities

DCF & Margin of Safety
EXRNARROW MOAT
Real Estate

Extra Space Storage Inc.

REIT - Industrial

DCF & Margin of Safety
IRMNARROW MOAT
Real Estate

Iron Mountain Incorporated

REIT - Specialty

DCF & Margin of Safety
INVHNONE MOAT
Real Estate

Invitation Homes Inc.

REIT - Residential

DCF & Margin of Safety
MAANONE MOAT
Real Estate

Mid-America Apartment Communities, Inc.

REIT - Residential

DCF & Margin of Safety
ESSNONE MOAT
Real Estate

Essex Property Trust, Inc.

REIT - Residential

DCF & Margin of Safety
UDRNONE MOAT
Real Estate

UDR, Inc.

REIT - Residential

DCF & Margin of Safety
ARENONE MOAT
Real Estate

Alexandria Real Estate Equities, Inc.

REIT - Office

DCF & Margin of Safety
BXPNONE MOAT
Real Estate

BXP, Inc.

REIT - Office

DCF & Margin of Safety
HSTNONE MOAT
Real Estate

Host Hotels & Resorts, Inc.

REIT - Hotel & Motel

DCF & Margin of Safety
CPTNONE MOAT
Real Estate

Camden Property Trust

REIT - Residential

DCF & Margin of Safety
NEENARROW MOAT
Utilities

NextEra Energy, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
SONARROW MOAT
Utilities

The Southern Company

Utilities - Regulated Electric

DCF & Margin of Safety
DUKNARROW MOAT
Utilities

Duke Energy Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
CEGNARROW MOAT
Utilities

Constellation Energy Corporation

Utilities - Independent Power Producers

DCF & Margin of Safety
SRENARROW MOAT
Utilities

Sempra

Utilities - Diversified

DCF & Margin of Safety
AEPNARROW MOAT
Utilities

American Electric Power Company, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
PCGNONE MOAT
Utilities

PG&E Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
DNARROW MOAT
Utilities

Dominion Energy, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
EXCNARROW MOAT
Utilities

Exelon Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
XELNARROW MOAT
Utilities

Xcel Energy Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
EDNARROW MOAT
Utilities

Consolidated Edison, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
PEGNARROW MOAT
Utilities

Public Service Enterprise Group Incorporated

Utilities - Diversified

DCF & Margin of Safety
WECNARROW MOAT
Utilities

WEC Energy Group, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
ESNARROW MOAT
Utilities

Eversource Energy

Utilities - Regulated Electric

DCF & Margin of Safety
AWKNARROW MOAT
Utilities

American Water Works Company, Inc.

Utilities - Regulated Water

DCF & Margin of Safety
DTENARROW MOAT
Utilities

DTE Energy Company

Utilities - Regulated Electric

DCF & Margin of Safety
PPLNARROW MOAT
Utilities

PPL Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
ETRNARROW MOAT
Utilities

Entergy Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
FENARROW MOAT
Utilities

FirstEnergy Corp.

Utilities - Regulated Electric

DCF & Margin of Safety
AEENARROW MOAT
Utilities

Ameren Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
CNPNARROW MOAT
Utilities

CenterPoint Energy, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
CMSNARROW MOAT
Utilities

CMS Energy Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
NRGNONE MOAT
Utilities

NRG Energy, Inc.

Utilities - Independent Power Producers

DCF & Margin of Safety
VSTNONE MOAT
Utilities

Vistra Corp.

Utilities - Independent Power Producers

DCF & Margin of Safety
AESNONE MOAT
Utilities

The AES Corporation

Utilities - Diversified

DCF & Margin of Safety
NINARROW MOAT
Utilities

NiSource Inc.

Utilities - Regulated Gas

DCF & Margin of Safety
LNTNARROW MOAT
Utilities

Alliant Energy Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
EVRGNARROW MOAT
Utilities

Evergy, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
ATONARROW MOAT
Utilities

Atmos Energy Corporation

Utilities - Regulated Gas

DCF & Margin of Safety
PNWNARROW MOAT
Utilities

Pinnacle West Capital Corporation

Utilities - Regulated Electric

DCF & Margin of Safety
OGENARROW MOAT
Utilities

OGE Energy Corp.

Utilities - Regulated Electric

DCF & Margin of Safety
PNMNARROW MOAT
Utilities

PNM Resources, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
IDANARROW MOAT
Utilities

IDACORP, Inc.

Utilities - Regulated Electric

DCF & Margin of Safety
NWENARROW MOAT
Utilities

NorthWestern Energy Group, Inc.

Utilities - Diversified

DCF & Margin of Safety
PORNARROW MOAT
Utilities

Portland General Electric Company

Utilities - Regulated Electric

DCF & Margin of Safety
SWXNARROW MOAT
Utilities

Southwest Gas Holdings, Inc.

Utilities - Regulated Gas

DCF & Margin of Safety
SNPSWIDE MOAT
Technology

Synopsys, Inc.

Software - Infrastructure

DCF & Margin of Safety
CDNSWIDE MOAT
Technology

Cadence Design Systems, Inc.

Software - Infrastructure

DCF & Margin of Safety
MCHPWIDE MOAT
Technology

Microchip Technology Incorporated

Semiconductors

DCF & Margin of Safety
MPWRWIDE MOAT
Technology

Monolithic Power Systems, Inc.

Semiconductors

DCF & Margin of Safety
ONNARROW MOAT
Technology

ON Semiconductor Corporation

Semiconductors

DCF & Margin of Safety
ANSSWIDE MOAT
Technology

ANSYS, Inc.

Software - Application

DCF & Margin of Safety
TYLWIDE MOAT
Technology

Tyler Technologies, Inc.

Software - Application

DCF & Margin of Safety
PTCWIDE MOAT
Technology

PTC Inc.

Software - Application

DCF & Margin of Safety
GENNARROW MOAT
Technology

Gen Digital Inc.

Software - Infrastructure

DCF & Margin of Safety
FFIVNARROW MOAT
Technology

F5, Inc.

Software - Infrastructure

DCF & Margin of Safety
NTAPNARROW MOAT
Technology

NetApp, Inc.

Computer Hardware

DCF & Margin of Safety
WDCNONE MOAT
Technology

Western Digital Corporation

Computer Hardware

DCF & Margin of Safety
STXNONE MOAT
Technology

Seagate Technology Holdings plc

Computer Hardware

DCF & Margin of Safety
QRVONARROW MOAT
Technology

Qorvo, Inc.

Semiconductors

DCF & Margin of Safety
SWKSNARROW MOAT
Technology

Skyworks Solutions, Inc.

Semiconductors

DCF & Margin of Safety
TERWIDE MOAT
Technology

Teradyne, Inc.

Semiconductors

DCF & Margin of Safety
ZBRAWIDE MOAT
Technology

Zebra Technologies Corporation

Communication Equipment

DCF & Margin of Safety
TRMBNARROW MOAT
Technology

Trimble Inc.

Electronic Components

DCF & Margin of Safety
FSLRNARROW MOAT
Technology

First Solar, Inc.

Solar

DCF & Margin of Safety
ENPHNARROW MOAT
Technology

Enphase Energy, Inc.

Solar

DCF & Margin of Safety
RJFNARROW MOAT
Financials

Raymond James Financial, Inc.

Capital Markets

DCF & Margin of Safety
NTRSNARROW MOAT
Financials

Northern Trust Corporation

Asset Management

DCF & Margin of Safety
STTNARROW MOAT
Financials

State Street Corporation

Asset Management

DCF & Margin of Safety
BRONARROW MOAT
Financials

Brown & Brown, Inc.

Insurance - Brokers

DCF & Margin of Safety
ERIEWIDE MOAT
Financials

Erie Indemnity Company

Insurance - Property & Casualty

DCF & Margin of Safety
CBOEWIDE MOAT
Financials

Cboe Global Markets, Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
FDSWIDE MOAT
Financials

FactSet Research Systems Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
MKTXWIDE MOAT
Financials

MarketAxess Holdings Inc.

Financial Data & Stock Exchanges

DCF & Margin of Safety
WRBNARROW MOAT
Financials

W. R. Berkley Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
LNARROW MOAT
Financials

Loews Corporation

Insurance - Diversified

DCF & Margin of Safety
AIZNARROW MOAT
Financials

Assurant, Inc.

Insurance - Specialty

DCF & Margin of Safety
GLNARROW MOAT
Financials

Globe Life Inc.

Insurance - Life

DCF & Margin of Safety
EGNARROW MOAT
Financials

Everest Group, Ltd.

Insurance - Reinsurance

DCF & Margin of Safety
ACGLNARROW MOAT
Financials

Arch Capital Group Ltd.

Insurance - Diversified

DCF & Margin of Safety
CINFNARROW MOAT
Financials

Cincinnati Financial Corporation

Insurance - Property & Casualty

DCF & Margin of Safety
HBANNONE MOAT
Financials

Huntington Bancshares Incorporated

Banks - Regional

DCF & Margin of Safety
RFNONE MOAT
Financials

Regions Financial Corporation

Banks - Regional

DCF & Margin of Safety
KEYNONE MOAT
Financials

KeyCorp

Banks - Regional

DCF & Margin of Safety
CFGNONE MOAT
Financials

Citizens Financial Group, Inc.

Banks - Regional

DCF & Margin of Safety
MTBNARROW MOAT
Financials

M&T Bank Corporation

Banks - Regional

DCF & Margin of Safety
ZIONNONE MOAT
Financials

Zions Bancorporation, N.A.

Banks - Regional

DCF & Margin of Safety
BIONARROW MOAT
Healthcare

Bio-Rad Laboratories, Inc.

Medical Devices

DCF & Margin of Safety
TECHWIDE MOAT
Healthcare

Bio-Techne Corporation

Biotechnology

DCF & Margin of Safety
WATWIDE MOAT
Healthcare

Waters Corporation

Diagnostics & Research

DCF & Margin of Safety
MTDWIDE MOAT
Healthcare

Mettler-Toledo International Inc.

Diagnostics & Research

DCF & Margin of Safety
RVTYNARROW MOAT
Healthcare

Revvity, Inc.

Diagnostics & Research

DCF & Margin of Safety
PODDWIDE MOAT
Healthcare

Insulet Corporation

Medical Devices

DCF & Margin of Safety
ALGNWIDE MOAT
Healthcare

Align Technology, Inc.

Medical Devices

DCF & Margin of Safety
HOLXNARROW MOAT
Healthcare

Hologic, Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
INCYNARROW MOAT
Healthcare

Incyte Corporation

Biotechnology

DCF & Margin of Safety
BIIBNARROW MOAT
Healthcare

Biogen Inc.

Drug Manufacturers - General

DCF & Margin of Safety
MRNANONE MOAT
Healthcare

Moderna, Inc.

Biotechnology

DCF & Margin of Safety
VTRSNONE MOAT
Healthcare

Viatris Inc.

Drug Manufacturers - Specialty & Generic

DCF & Margin of Safety
DVANARROW MOAT
Healthcare

DaVita Inc.

Medical Care Facilities

DCF & Margin of Safety
UHSNARROW MOAT
Healthcare

Universal Health Services, Inc.

Medical Care Facilities

DCF & Margin of Safety
MOHNARROW MOAT
Healthcare

Molina Healthcare, Inc.

Healthcare Plans

DCF & Margin of Safety
XRAYNARROW MOAT
Healthcare

Dentsply Sirona Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
COOWIDE MOAT
Healthcare

The Cooper Companies, Inc.

Medical Instruments & Supplies

DCF & Margin of Safety
STEWIDE MOAT
Healthcare

STERIS plc

Medical Instruments & Supplies

DCF & Margin of Safety
GPCNARROW MOAT
Consumer Cyclical

Genuine Parts Company

Auto Parts

DCF & Margin of Safety
BBYNONE MOAT
Consumer Cyclical

Best Buy Co., Inc.

Specialty Retail

DCF & Margin of Safety
POOLWIDE MOAT
Consumer Cyclical

Pool Corporation

Specialty Retail

DCF & Margin of Safety
TSCOWIDE MOAT
Consumer Cyclical

Tractor Supply Company

Specialty Retail

DCF & Margin of Safety
ULTANARROW MOAT
Consumer Cyclical

Ulta Beauty, Inc.

Specialty Retail

DCF & Margin of Safety
LKQNARROW MOAT
Consumer Cyclical

LKQ Corporation

Auto Parts

DCF & Margin of Safety
KMXNARROW MOAT
Consumer Cyclical

CarMax, Inc.

Auto & Truck Dealerships

DCF & Margin of Safety
BWANARROW MOAT
Consumer Cyclical

BorgWarner Inc.

Auto Parts

DCF & Margin of Safety
APTVNARROW MOAT
Consumer Cyclical

Aptiv PLC

Auto Parts

DCF & Margin of Safety
TPRNARROW MOAT
Consumer Cyclical

Tapestry, Inc.

Apparel Manufacturing

DCF & Margin of Safety
RLNARROW MOAT
Consumer Cyclical

Ralph Lauren Corporation

Apparel Manufacturing

DCF & Margin of Safety
HASNARROW MOAT
Consumer Cyclical

Hasbro, Inc.

Leisure

DCF & Margin of Safety
MHKNONE MOAT
Consumer Cyclical

Mohawk Industries, Inc.

Furnishings, Fixtures & Appliances

DCF & Margin of Safety
WHRNONE MOAT
Consumer Cyclical

Whirlpool Corporation

Furnishings, Fixtures & Appliances

DCF & Margin of Safety
NVRWIDE MOAT
Consumer Cyclical

NVR, Inc.

Residential Construction

DCF & Margin of Safety
PHMNARROW MOAT
Consumer Cyclical

PulteGroup, Inc.

Residential Construction

DCF & Margin of Safety
TOLNARROW MOAT
Consumer Cyclical

Toll Brothers, Inc.

Residential Construction

DCF & Margin of Safety
LENNARROW MOAT
Consumer Cyclical

Lennar Corporation

Residential Construction

DCF & Margin of Safety
CAGNONE MOAT
Consumer Defensive

Conagra Brands, Inc.

Packaged Foods

DCF & Margin of Safety
CPBNARROW MOAT
Consumer Defensive

Campbell Soup Company

Packaged Foods

DCF & Margin of Safety
SJMNARROW MOAT
Consumer Defensive

The J. M. Smucker Company

Packaged Foods

DCF & Margin of Safety
MKCWIDE MOAT
Consumer Defensive

McCormick & Company, Incorporated

Packaged Foods

DCF & Margin of Safety
HRLNARROW MOAT
Consumer Defensive

Hormel Foods Corporation

Packaged Foods

DCF & Margin of Safety
TSNNONE MOAT
Consumer Defensive

Tyson Foods, Inc.

Farm Products

DCF & Margin of Safety
TAPNONE MOAT
Consumer Defensive

Molson Coors Beverage Company

Beverages - Brewers

DCF & Margin of Safety
BGNARROW MOAT
Consumer Defensive

Bunge Global SA

Farm Products

DCF & Margin of Safety
DARNARROW MOAT
Consumer Defensive

Darling Ingredients Inc.

Packaged Foods

DCF & Margin of Safety
POSTNARROW MOAT
Consumer Defensive

Post Holdings, Inc.

Packaged Foods

DCF & Margin of Safety
AMEWIDE MOAT
Industrials

AMETEK, Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
ROKWIDE MOAT
Industrials

Rockwell Automation, Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
XYLWIDE MOAT
Industrials

Xylem Inc.

Specialty Industrial Machinery

DCF & Margin of Safety
HUBBWIDE MOAT
Industrials

Hubbell Incorporated

Electrical Equipment & Parts

DCF & Margin of Safety
NDSNWIDE MOAT
Industrials

Nordson Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
IEXWIDE MOAT
Industrials

IDEX Corporation

Specialty Industrial Machinery

DCF & Margin of Safety
SNAWIDE MOAT
Industrials

Snap-on Incorporated

Tools & Accessories

DCF & Margin of Safety
SWKNARROW MOAT
Industrials

Stanley Black & Decker, Inc.

Tools & Accessories

DCF & Margin of Safety
MASNARROW MOAT
Industrials

Masco Corporation

Building Products & Equipment

DCF & Margin of Safety
AOSWIDE MOAT
Industrials

A. O. Smith Corporation

Building Products & Equipment

DCF & Margin of Safety
ALLEWIDE MOAT
Industrials

Allegion plc

Security & Protection Services

DCF & Margin of Safety
PNRNARROW MOAT
Industrials

Pentair plc

Specialty Industrial Machinery

DCF & Margin of Safety
AXONWIDE MOAT
Industrials

Axon Enterprise, Inc.

Aerospace & Defense

DCF & Margin of Safety
LDOSNARROW MOAT
Industrials

Leidos Holdings, Inc.

Information Technology Services

DCF & Margin of Safety
HIIWIDE MOAT
Industrials

Huntington Ingalls Industries, Inc.

Aerospace & Defense

DCF & Margin of Safety
TXTNARROW MOAT
Industrials

Textron Inc.

Aerospace & Defense

DCF & Margin of Safety
JBHTNARROW MOAT
Industrials

J.B. Hunt Transport Services, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
CHRWNARROW MOAT
Industrials

C.H. Robinson Worldwide, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
EXPDWIDE MOAT
Industrials

Expeditors International of Washington, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
LSTRWIDE MOAT
Industrials

Landstar System, Inc.

Integrated Freight & Logistics

DCF & Margin of Safety
FANGNARROW MOAT
Energy

Diamondback Energy, Inc.

Oil & Gas E&P

DCF & Margin of Safety
TRGPNARROW MOAT
Energy

Targa Resources Corp.

Oil & Gas Midstream

DCF & Margin of Safety
OKENARROW MOAT
Energy

ONEOK, Inc.

Oil & Gas Midstream

DCF & Margin of Safety
EQTNONE MOAT
Energy

EQT Corporation

Oil & Gas E&P

DCF & Margin of Safety
CTRANONE MOAT
Energy

Coterra Energy Inc.

Oil & Gas E&P

DCF & Margin of Safety
APANONE MOAT
Energy

APA Corporation

Oil & Gas E&P

DCF & Margin of Safety
MRONONE MOAT
Energy

Marathon Oil Corporation

Oil & Gas E&P

DCF & Margin of Safety
OVVNONE MOAT
Energy

Ovintiv Inc.

Oil & Gas E&P

DCF & Margin of Safety
CHRDNONE MOAT
Energy

Chord Energy Corporation

Oil & Gas E&P

DCF & Margin of Safety
MTDRNONE MOAT
Energy

Matador Resources Company

Oil & Gas E&P

DCF & Margin of Safety
CFNARROW MOAT
Basic Materials

CF Industries Holdings, Inc.

Agricultural Inputs

DCF & Margin of Safety
MOSNARROW MOAT
Basic Materials

The Mosaic Company

Agricultural Inputs

DCF & Margin of Safety
FMCNARROW MOAT
Basic Materials

FMC Corporation

Agricultural Inputs

DCF & Margin of Safety
ALBNARROW MOAT
Basic Materials

Albemarle Corporation

Specialty Chemicals

DCF & Margin of Safety
CENARROW MOAT
Basic Materials

Celanese Corporation

Specialty Chemicals

DCF & Margin of Safety
EMNNARROW MOAT
Basic Materials

Eastman Chemical Company

Specialty Chemicals

DCF & Margin of Safety
SEENARROW MOAT
Basic Materials

Sealed Air Corporation

Packaging & Containers

DCF & Margin of Safety
PKGNARROW MOAT
Basic Materials

Packaging Corporation of America

Packaging & Containers

DCF & Margin of Safety
SONNARROW MOAT
Basic Materials

Sonoco Products Company

Packaging & Containers

DCF & Margin of Safety
STLDNARROW MOAT
Basic Materials

Steel Dynamics, Inc.

Steel

DCF & Margin of Safety
RSNARROW MOAT
Basic Materials

Reliance Steel & Aluminum Co.

Steel

DCF & Margin of Safety
KIMNONE MOAT
Real Estate

Kimco Realty Corporation

REIT - Retail

DCF & Margin of Safety
REGNONE MOAT
Real Estate

Regency Centers Corporation

REIT - Retail

DCF & Margin of Safety
FRTNARROW MOAT
Real Estate

Federal Realty Investment Trust

REIT - Retail

DCF & Margin of Safety
NNNNARROW MOAT
Real Estate

NNN REIT, Inc.

REIT - Retail

DCF & Margin of Safety
STAGNONE MOAT
Real Estate

STAG Industrial, Inc.

REIT - Industrial

DCF & Margin of Safety
EGPNONE MOAT
Real Estate

EastGroup Properties, Inc.

REIT - Industrial

DCF & Margin of Safety
LAMRWIDE MOAT
Real Estate

Lamar Advertising Company

REIT - Specialty

DCF & Margin of Safety
CUBENONE MOAT
Real Estate

CubeSmart

REIT - Industrial

DCF & Margin of Safety