US large-cap companies – already a market segment that stands out in terms of capital appreciation in recent years – remain in a sweet spot for further growth, argues Geoff Dailey, Head of US Equities, in this short video.
The major US companies that find favour with our investment team have healthy balance sheets, high-quality innovative products and generous free cash flow. Their mature business models have powered them through business cycles with positioning as market-leaders the basis for their above-average growth.
We believe ‘selectivity’ and ‘broaden your horizons’ are pivotal themes for large caps in 2025 for a stock market supported by a robust US economy. That means picking compelling stocks across all sectors where valuations leave scope for outperformance.
Business sectors of particular interest are those connected to artificial intelligence, cloud computing, reshoring, genetics and medtech.
