[S&P 500] Complete Business Model Summary

"You won't find a page anywhere else that explains all 500 of these companies."

We have summarized each company's Core Business and Key Revenue Streams into a single line, uncovering exactly how the world's leading companies make money.

Just reading through this list will help you visualize the business models of the entire S&P 500.

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1. Nvidia (NVDA)

• Core Business: Semiconductor (GPU) Design (Fabless).
• Revenue Streams:
  • Data Center: High-performance GPUs for AI training/inference (e.g., H100). This is the primary revenue driver.
  • Gaming: GeForce series for PC gaming.
  • Visualization & Auto: Chips for professional workstations and autonomous driving.
• Summary: The dominant supplier of the hardware "engines" powering the global AI revolution.

2. Apple Inc. (AAPL)

• Core Business: Consumer Electronics, Software, and Services.
• Revenue Streams:
  • Hardware: iPhone (largest share), Mac, iPad, Wearables (Watch, AirPods).
  • Services: App Store, iCloud, Apple Music, Apple Pay (High profit margin).
• Summary: An innovation giant known for its premium hardware and a sticky, closed ecosystem that retains customers.

3. Microsoft (MSFT)

• Core Business: Software and Cloud Computing.
• Revenue Streams:
  • Intelligent Cloud: Azure cloud platform.
  • Productivity: Office 365, Dynamics 365.
  • Personal Computing: Windows OS, Xbox gaming.
• Summary: A leader in enterprise productivity and cloud infrastructure, now spearheading the AI era through its partnership with OpenAI.

4. Amazon (AMZN)

• Core Business: E-commerce and Cloud Computing.
• Revenue Streams:
  • AWS (Amazon Web Services): #1 Global Cloud Infrastructure provider (Generates most of the operating profit).
  • Online Stores: Global retail marketplace.
  • Advertising & Subscription: Ad services and Prime memberships.
• Summary: The "Everything Store" for consumers and the dominant server landlord for the internet via AWS.

5 & 6. Alphabet Inc. (GOOGL / GOOG)

• Note: GOOGL (Class A) has voting rights; GOOG (Class C) does not. Both represent Google.
• Core Business: Search Engine and Digital Advertising.
• Revenue Streams:
  • Google Services: Search, YouTube, Android, Chrome (Advertising revenue).
  • Google Cloud: Cloud computing platform (GCP).
  • Other Bets: Moonshot projects like Waymo (Autonomous driving).
• Summary: A digital advertising monopoly that monetizes global user data through search and video.

7. Meta Platforms (META)

• Core Business: Social Media.
• Revenue Streams:
  • Family of Apps: Facebook, Instagram, WhatsApp. Revenue comes almost entirely from Advertising.
  • Reality Labs: VR/AR hardware (Quest) and Metaverse development.
• Summary: A social networking empire that connects billions of users and monetizes their attention through targeted ads.

8. Broadcom (AVGO)

• Core Business: Semiconductors and Infrastructure Software.
• Revenue Streams:
  • Semiconductor Solutions: Wireless chips for smartphones (Apple is a key client), networking chips for data centers.
  • Infrastructure Software: Enterprise security and mainframe software (e.g., VMware).
• Summary: A critical provider of the connectivity chips and software that underpin the internet and mobile infrastructure.

9. Tesla, Inc. (TSLA)

• Core Business: Electric Vehicles (EV) and Clean Energy.
• Revenue Streams:
  • Automotive: Sales of EVs (Model 3, Y, Cybertruck) and FSD software.
  • Energy: Solar panels and Energy Storage Systems (Megapack).
• Summary: More than a car manufacturer; a technology company focused on accelerating the world's transition to sustainable energy and autonomy.

10. Berkshire Hathaway (BRK.B)

• Core Business: Conglomerate Holding Company.
• Revenue Streams:
  • Insurance: Geico, Reinsurance (Source of "Float").
  • Operating Companies: BNSF (Railroad), Energy, Manufacturing, Retail.
  • Equity Portfolio: Large investments in public companies like Apple.
• Summary: Warren Buffett’s investment vehicle, using insurance float to own diverse businesses and stocks.

11. Eli Lilly (LLY)

• Core Business: Pharmaceuticals.
• Revenue Streams:
  • Therapeutics: Drugs for Diabetes & Obesity (Mounjaro, Zepbound), Oncology, and Immunology.
• Summary: A global pharmaceutical leader currently experiencing rapid growth due to its dominance in the GLP-1 weight-loss drug market.

12. JPMorgan Chase (JPM)

• Core Business: Diversified Financial Services.
• Revenue Streams:
  • Consumer Banking: Deposits, credit cards, and mortgages under the "Chase" brand.
  • Investment Banking: Fees from M&A advisory and trading.
• Summary: The largest bank in the U.S. and a fortress of the global financial system.

13. Walmart (WMT)

• Core Business: Retail (Brick & Mortar and E-commerce).
• Revenue Streams:
  • Walmart US & International: Hypermarkets and grocery sales.
  • Sam's Club: Membership-only warehouse clubs.
• Summary: The world's largest retailer by revenue, famous for its "Everyday Low Prices" strategy.

14. Visa Inc. (V)

• Core Business: Payments Technology.
• Revenue Streams:
  • Service & Data Processing Fees: Fees charged to financial institutions for facilitating transactions over its network.
  • Note: Visa does not issue cards or lend money; it simply provides the "railroad" for money to move.
• Summary: A global duopoly in payments that collects a toll on digital transactions worldwide.

15. Oracle Corporation (ORCL)

• Core Business: Enterprise Software and Cloud.
• Revenue Streams:
  • Cloud Services: Oracle Cloud Infrastructure (OCI) and SaaS applications (ERP).
  • License Support: Maintenance fees for its legacy database software.
• Summary: A database giant successfully pivoting to cloud computing and AI infrastructure.

16. Mastercard (MA)

• Core Business: Payments Technology.
• Revenue Streams:
  • Transaction Fees: Similar to Visa, it earns revenue based on the volume (Gross Dollar Volume) of transactions processed.
• Summary: The second half of the global payments duopoly, known for high margins and asset-light operations.

17. ExxonMobil (XOM)

• Core Business: Oil and Gas Energy.
• Revenue Streams:
  • Upstream: Exploration and production of crude oil and natural gas.
  • Downstream & Chemical: Refining oil into fuels and manufacturing chemicals.
• Summary: The largest U.S. oil supermajor, generating massive cash flows from fossil fuels.

18. Johnson & Johnson (JNJ)

• Core Business: Healthcare.
• Revenue Streams:
  • Innovative Medicine: Pharmaceuticals for immunology, oncology, etc.
  • MedTech: Medical devices for surgery, orthopedics, and vision.
• Summary: A AAA-rated healthcare conglomerate focusing on high-tech medical devices and pharmaceuticals after spinning off its consumer unit.

19. Palantir Technologies (PLTR)

• Core Business: Big Data Analytics Software.
• Revenue Streams:
  • Government: Software for defense and intelligence agencies (Gotham).
  • Commercial: Data integration platforms for large corporations (Foundry).
• Summary: Originally known for spy software, it is now a leading player in AI-driven data analytics for both governments and enterprises.

20. Bank of America (BAC)

• Core Business: Banking and Financial Services.
• Revenue Streams:
  • Net Interest Income: Earnings from loans and mortgages.
  • Global Wealth Management: Fees from investment services (Merrill Lynch).
• Summary: A ubiquitous American bank with a massive consumer deposit base, heavily backed by Warren Buffett.

21. AbbVie (ABBV)

• Core Business: Biopharmaceuticals.
• Revenue Streams:
  • Immunology: Blockbuster drugs like Humira and Skyrizi.
  • Aesthetics: Owner of the "Botox" brand.
• Summary: A pharma giant spun off from Abbott, known for its strong dividend history and leadership in immunology and aesthetics.

22. Netflix (NFLX)

• Core Business: Streaming Entertainment (SVOD).
• Revenue Streams: Monthly subscription fees from global members and growing advertising revenue.
• Summary: The pioneer that disrupted the media industry, shifting the world from cable TV to streaming.

23. Costco (COST)

• Core Business: Membership Warehouses.
• Revenue Streams: Most profit comes from membership fees, not retail margins. They sell goods at near-breakeven prices.
• Summary: A retailer with a cult-like following that profits from loyalty (fees) rather than markups.

24. Advanced Micro Devices (AMD)

• Core Business: Semiconductors (CPU & GPU).
• Revenue Streams: Data center CPUs (EPYC) challenging Intel, and GPUs (Radeon/Instinct) challenging Nvidia.
• Summary: The perennial underdog and "giant slayer" fighting two battles simultaneously in the CPU and GPU markets.

25. Home Depot (The) (HD)

• Core Business: Home Improvement Retail.
• Revenue Streams: Sales of building materials, tools, and services to DIY customers and professional contractors (Pros).
• Summary: The world's largest home improvement retailer, essential for the US housing and construction market.

26. Procter & Gamble (PG)

• Core Business: Consumer Packaged Goods (CPG).
• Revenue Streams: Everyday essentials like Tide (detergent), Gillette (shaving), and Pampers (diapers).
• Summary: A defensive stock giant selling products people need regardless of the economy.

27. GE Aerospace (GE)

• Core Business: Jet Engines and Aviation Systems.
• Revenue Streams: Commercial engines (LEAP, GEnx) for Boeing/Airbus and high-margin aftermarket services (parts/maintenance).
• Summary: The remaining core of the historic GE conglomerate, now a pure-play global leader in aviation propulsion.

28. Micron Technology (MU)

• Core Business: Memory Semiconductors.
• Revenue Streams: DRAM and NAND Flash memory used in computers, phones, and AI servers (HBM).
• Summary: The largest US maker of memory chips, operating in a highly cyclical industry now driven by AI demand.

29. Cisco (CSCO)

• Core Business: Networking Hardware and Software.
• Revenue Streams: Enterprise switches, routers, and cybersecurity software subscriptions.
• Summary: The "plumber of the internet," providing the infrastructure backbone for enterprise networks.

30. UnitedHealth Group (UNH)

• Core Business: Healthcare Insurance and Services.
• Revenue Streams: UnitedHealthcare (Insurance premiums) and Optum (Care delivery, pharmacy services, data).
• Summary: A vertically integrated healthcare behemoth that both insures patients and treats them.

31. Coca-Cola Company (The) (KO)

• Core Business: Non-alcoholic Beverages.
• Revenue Streams: Selling syrup concentrates to bottlers, who then package and distribute the final product.
• Summary: The owner of the world's strongest beverage brands, famous for its asset-light model and dividend growth.

32. Chevron Corporation (CVX)

• Core Business: Integrated Energy (Oil & Gas).
• Revenue Streams: Upstream (drilling) and Downstream (refining/chemicals). Strong presence in LNG and Permian Basin.
• Summary: The second-largest US oil supermajor, known for capital discipline and shareholder returns.

33. Wells Fargo (WFC)

• Core Business: Diversified Banking.
• Revenue Streams: Heavy focus on US consumer banking and commercial lending, with a large mortgage portfolio.
• Summary: A traditional "Main Street" bank with a vast branch network, recovering from past regulatory issues.

34. Morgan Stanley (MS)

• Core Business: Investment Banking and Wealth Management.
• Revenue Streams: Wealth Management (fees from managing client assets) is now the biggest profit driver, balancing volatile trading revenue.
• Summary: A Wall Street powerhouse that successfully pivoted towards stable wealth management income (acquired E*TRADE).

35. IBM (IBM)

• Core Business: IT Consulting and Hybrid Cloud.
• Revenue Streams: Consulting services, Red Hat (software), and legacy mainframe infrastructure.
• Summary: An iconic tech firm transforming from hardware to a B2B hybrid cloud and AI consulting company.

36. Caterpillar Inc. (CAT)

• Core Business: Construction and Mining Equipment.
• Revenue Streams: Sales of yellow heavy machinery and aftermarket parts/services.
• Summary: The global bellwether for industrial activity; if construction is happening, Caterpillar is there.

37. Goldman Sachs (GS)

• Core Business: Global Investment Banking.
• Revenue Streams: Investment banking fees (M&A, IPOs) and Global Markets (Trading fixed income/equities).
• Summary: The premier investment bank for corporations and governments, known for its elite deal-making and trading prowess.

38. Merck & Co. (MRK)

• Core Business: Pharmaceuticals.
• Revenue Streams: Heavily driven by Keytruda (cancer immunotherapy) and Gardasil (HPV vaccine).
• Summary: A top-tier pharma company dominating the oncology market with the world's best-selling drug.

39. American Express (AXP)

• Core Business: Payments and Credit Cards.
• Revenue Streams: Merchant fees (Spend-centric model) and annual card fees from premium customers.
• Summary: A closed-loop payment network catering to high-spending consumers and businesses.

40. Philip Morris International (PM)

• Core Business: Tobacco.
• Revenue Streams: Selling cigarettes (Marlboro) outside the US and leading the shift to smoke-free products (IQOS, Zyn).
• Summary: The international tobacco giant pivoting aggressively toward a "smoke-free future" with heated tobacco and nicotine pouches.

41. Salesforce (CRM)

• Core Business: Cloud-based CRM Software.
• Revenue Streams: Subscriptions for its Customer 360 platform (Sales, Service, Marketing clouds). Pioneered the SaaS model.
• Summary: The global leader in CRM, enabling businesses to connect with customers through cloud and AI.

42. RTX Corporation (RTX)

• Core Business: Aerospace and Defense.
• Revenue Streams: Pratt & Whitney (Aircraft engines), Collins Aerospace (Avionics), and Raytheon (Missiles/Defense systems).
• Summary: An aerospace and defense giant formed by the merger of Raytheon and United Technologies.

43. AppLovin Corporation (APP)

• Core Business: Mobile Advertising Technology.
• Revenue Streams: Its AI-powered software platform (AXON) matches advertisers with mobile users, plus revenue from its own portfolio of casual games.
• Summary: A soaring ad-tech company leveraging AI to dominate mobile app monetization.

44. T-Mobile US (TMUS)

• Core Business: Wireless Telecommunications.
• Revenue Streams: Mobile network subscriptions. It gained market share by leading the 5G rollout and offering lower prices.
• Summary: The "Un-carrier" that disrupted the US telecom market with aggressive pricing and superior 5G coverage.

45. Lam Research (LRCX)

• Core Business: Semiconductor Manufacturing Equipment.
• Revenue Streams: Specializes in Etch (removing material) and Deposition equipment, critical for creating 3D NAND memory and advanced logic chips.
• Summary: A key supplier in the chipmaking process, vital for defining the tiny structures on wafers.

46. McDonald's (MCD)

• Core Business: Fast Food Franchising.
• Revenue Streams: While they sell food, the core business model is collecting rent and royalties from franchisees who lease properties owned by McDonald's.
• Summary: A real estate empire disguised as a burger chain.

47. Thermo Fisher Scientific (TMO)

• Core Business: Life Sciences Equipment and Services.
• Revenue Streams: Selling analytical instruments, lab reagents, and consumables to pharmaceutical companies and research labs.
• Summary: The "Amazon of Science," providing everything a laboratory needs to operate.

48. Abbott Laboratories (ABT)

• Core Business: Diversified Healthcare.
• Revenue Streams: Medical devices (Leader in continuous glucose monitoring), Diagnostics, Nutrition (Similac, Ensure), and Branded Generics.
• Summary: A stable healthcare conglomerate known for its diverse portfolio, from baby formula to diabetes care.

49. Citigroup (C)

• Core Business: Global Banking.
• Revenue Streams: Treasury and Trade Solutions (TTS) for multinational corporations and Investment Banking.
• Summary: The most internationally focused US bank, serving as a financial bridge for global commerce.

50. Applied Materials (AMAT)

• Core Business: Semiconductor and Display Equipment.
• Revenue Streams: Provides the broadest range of equipment for chip manufacturing (Deposition, Etch, Inspection) and OLED display manufacturing.
• Summary: The world's largest semiconductor equipment maker, involved in almost every step of chip fabrication.

51. Intuitive Surgical (ISRG)

• Core Business: Robotic-Assisted Surgery.
• Revenue Streams: Selling da Vinci surgical systems and, more importantly, the recurring revenue from disposable instruments used in every surgery.
• Summary: The pioneer of robotic surgery with a lucrative "razor-and-blade" business model.

52. Walt Disney Company (The) (DIS)

• Core Business: Entertainment and Media.
• Revenue Streams: Parks & Experiences (Cash cow), Movies (Studios), Streaming (Disney+), and Sports (ESPN).
• Summary: The world's premier storytelling company with an unrivaled library of intellectual property.

53. Linde plc (LIN)

• Core Business: Industrial Gases.
• Revenue Streams: Supplying atmospheric gases (oxygen, nitrogen, hydrogen) to factories and hospitals via on-site pipelines or cylinders.
• Summary: The world's largest industrial gas company, supplying the invisible essential ingredients for manufacturing.

54. PepsiCo (PEP)

• Core Business: Food and Beverage.
• Revenue Streams: Frito-Lay (Snacks like Cheetos/Doritos) generates more profit than its beverage division (Pepsi/Gatorade).
• Summary: A snack food giant that also happens to sell soda.

55. Intuit (INTU)

• Core Business: Financial Software.
• Revenue Streams: TurboTax (Tax prep), QuickBooks (Small business accounting), and Credit Karma.
• Summary: The dominant player in automating US tax filings and small business bookkeeping.

56. Qualcomm (QCOM)

• Core Business: Wireless Semiconductors and Licensing.
• Revenue Streams: Selling Snapdragon processors for phones and collecting licensing fees for its 3G/4G/5G patents from all handset makers.
• Summary: The gatekeeper of mobile communications technology, owning the essential IP for cellular connectivity.

57. Charles Schwab Corporation (SCHW)

• Core Business: Brokerage and Banking.
• Revenue Streams: Net interest income from client cash balances and asset management fees.
• Summary: A massive financial services firm catering to retail investors with low-cost trading and banking.

58. GE Vernova (GEV)

• Core Business: Energy Technology (Spun off from GE).
• Revenue Streams: Power (Gas turbines), Wind energy equipment, and Electrification (Grid software/hardware).
• Summary: A pure-play energy infrastructure company powering a third of the world's electricity.

59. Amgen (AMGN)

• Core Business: Biotechnology.
• Revenue Streams: Biologic drugs for oncology, bone health, and cardiovascular disease.
• Summary: A pioneer in biotechnology, developing complex protein-based medicines rather than chemical pills.

60. Booking Holdings (BKNG)

• Core Business: Online Travel Agency (OTA).
• Revenue Streams: Commissions from accommodation bookings via Booking.com, Agoda, and Priceline.
• Summary: The world's leading provider of online travel and related services, dominating the hotel booking market.

61. AT&T (T)

• Core Business: Telecommunications.
• Revenue Streams: Wireless connectivity and Fiber internet services. Refocused on telecom after spinning off its media arm.
• Summary: A pure-play telecom giant focusing on 5G and fiber expansion, known for its high dividend yield.

62. TJX Companies (TJX)

• Core Business: Off-price Retail.
• Revenue Streams: Selling brand-name apparel and home goods at a discount (TJ Maxx, Marshalls).
• Summary: The global leader in off-price retail, thriving on the "treasure hunt" shopping experience and inventory opportunism.

63. Intel (INTC)

• Core Business: Integrated Device Manufacturer (IDM) - Semiconductors.
• Revenue Streams: PC CPUs (Client Computing), Server CPUs (Data Center), and the emerging Foundry business.
• Summary: The iconic US chipmaker striving to reclaim manufacturing leadership and compete in the foundry market.

64. Verizon (VZ)

• Core Business: Wireless Telecommunications.
• Revenue Streams: Premium wireless plans and broadband services. Known for having the most reliable network in the US.
• Summary: The largest US wireless carrier by subscribers, prioritizing network quality and cash flow.

65. Boeing (BA)

• Core Business: Aerospace and Defense.
• Revenue Streams: Commercial Airplanes (737, 787) and Defense, Space & Security systems.
• Summary: One half of the global commercial aircraft duopoly, currently working to restore its reputation for quality and safety.

66. Uber (UBER)

• Core Business: Mobility and Delivery Platform.
• Revenue Streams: Take rates from Rides (Mobility) and Delivery (Uber Eats).
• Summary: The category-defining gig economy platform that has successfully pivoted to profitability.

67. BlackRock (BLK)

• Core Business: Asset Management.
• Revenue Streams: Investment advisory fees (based on AUM), iShares ETF fees, and Aladdin technology services.
• Summary: The world's largest asset manager, wielding immense influence over global capital markets.

68. Amphenol (APH)

• Core Business: Interconnect Systems.
• Revenue Streams: Manufacturing connectors, sensors, and cables for automotive, military, and industrial markets.
• Summary: A quiet but high-performing company supplying essential connection components for the electronics revolution.

69. KLA Corporation (KLAC)

• Core Business: Semiconductor Process Control.
• Revenue Streams: Yield management and inspection systems. It holds a dominant market share in detecting defects on wafers.
• Summary: The "quality control" police of the chip industry; indispensable for advanced semiconductor manufacturing.

70. NextEra Energy (NEE)

• Core Business: Electric Utility and Renewables.
• Revenue Streams: Florida Power & Light (Regulated utility) and NextEra Energy Resources (World's largest generator of wind/solar energy).
• Summary: A unique utility company combining a stable regulated business with a high-growth renewable energy portfolio.

71. Accenture (ACN)

• Core Business: IT Consulting and Professional Services.
• Revenue Streams: Consulting fees for digital transformation, cloud migration, and AI implementation for Fortune 500 clients.
• Summary: The go-to global partner for enterprises needing to modernize their technology and operations.

72. Arista Networks (ANET)

• Core Business: Cloud Networking Solutions.
• Revenue Streams: High-speed Ethernet switches and software (EOS) designed for large data centers (Hyperscalers).
• Summary: A high-growth networking company taking market share from Cisco by serving tech giants like Microsoft and Meta.

73. Danaher Corporation (DHR)

• Core Business: Life Sciences and Diagnostics.
• Revenue Streams: Biotechnology instruments, microscopes, and diagnostic tools. Known for its efficient business system (DBS).
• Summary: A serial acquirer and operator of science and technology companies, focusing on recurring revenue in healthcare.

74. Texas Instruments (TXN)

• Core Business: Analog and Embedded Processing Chips.
• Revenue Streams: Analog chips (power management, sensors) used in industrial and automotive applications.
• Summary: The "old reliable" of chips; focuses on mature technology with long lifecycles and high margins rather than bleeding-edge specs.

75. S&P Global (SPGI)

• Core Business: Financial Information and Analytics.
• Revenue Streams: Credit Ratings, Market Intelligence, and S&P Dow Jones Indices (Licensing the S&P 500).
• Summary: A financial infrastructure giant that profits from data, ratings, and the passive investing boom (ETFs).

76. ServiceNow (NOW)

• Core Business: Enterprise Cloud Computing (SaaS).
• Revenue Streams: Subscriptions for its Now Platform, automating IT, HR, and Customer Service workflows.
• Summary: The leader in digital workflow automation, helping companies streamline internal processes.

77. Capital One (COF)

• Core Business: Banking and Credit Cards.
• Revenue Streams: Net interest income from credit cards and auto loans. Heavily reliant on data analytics.
• Summary: A founder-led, tech-savvy bank that disrupted the credit card industry with data-driven marketing.

78. Gilead Sciences (GILD)

• Core Business: Biopharmaceuticals.
• Revenue Streams: Dominant franchise in HIV treatments (Biktarvy) and growing presence in Oncology (Cell therapy).
• Summary: A biotech pioneer that turned HIV into a chronic manageable condition, now expanding into cancer care.

79. Adobe Inc. (ADBE)

• Core Business: Creative and Digital Experience Software.
• Revenue Streams: Subscriptions for Creative Cloud (Photoshop, Premiere) and Document Cloud (PDFs).
• Summary: The absolute standard for creative professionals, operating a highly profitable SaaS monopoly.

80. Pfizer (PFE)

• Core Business: Pharmaceuticals.
• Revenue Streams: Vaccines (Prevnar), Oncology, and Internal Medicine. Reinvesting COVID-19 windfalls into new drugs.
• Summary: A massive pharma company transitioning from its COVID-peak revenue by acquiring new pipelines (e.g., Seagen).

81. Boston Scientific (BSX)

• Core Business: Medical Devices (Minimally Invasive).
• Revenue Streams: Stents, catheters, and endoscopy equipment. Focuses on interventional medicine.
• Summary: A leader in less-invasive medical technologies that treat cardiovascular and digestive conditions.

82. Union Pacific Corporation (UNP)

• Core Business: Freight Railroad.
• Revenue Streams: Hauling agricultural, industrial, and energy products across the western two-thirds of the USA.
• Summary: A transportation monopoly in the West, serving as a critical artery for the US economy.

83. Lowe's (LOW)

• Core Business: Home Improvement Retail.
• Revenue Streams: Selling lumber, appliances, and tools. Competes directly with Home Depot but leans slightly more towards DIY consumers.
• Summary: The perennial runner-up to Home Depot, operating a massive chain of home improvement stores.

84. Analog Devices (ADI)

• Core Business: Analog Semiconductors.
• Revenue Streams: Chips that convert real-world phenomena (sound, temp, speed) into digital signals. Critical for automotive and industrial sectors.
• Summary: A high-margin chipmaker specializing in signal processing and power management for B2B markets.

85. Stryker Corporation (SYK)

• Core Business: Medical Technology (MedTech).
• Revenue Streams: Orthopedic implants (knees, hips), surgical equipment, and neurotechnology.
• Summary: A hospital favorite, providing everything from surgical robots (Mako) to hospital beds.

86. Progressive Corporation (PGR)

• Core Business: Property and Casualty Insurance (Auto).
• Revenue Streams: Auto insurance premiums. Pioneered usage-based insurance with telematics (Snapshot).
• Summary: An aggressive innovator in the auto insurance market, gaining share through data-driven pricing.

87. Palo Alto Networks (PANW)

• Core Business: Cybersecurity.
• Revenue Streams: Next-Generation Firewalls (Hardware) and cloud security subscriptions (Software).
• Summary: The largest pure-play cybersecurity company, transitioning from hardware boxes to a unified security platform.

88. Welltower (WELL)

• Core Business: Healthcare REIT.
• Revenue Streams: Rent from senior housing communities, outpatient medical buildings, and long-term care facilities.
• Summary: The world's largest owner of healthcare real estate, betting big on the aging population.

89. Deere & Company (DE)

• Core Business: Agricultural and Construction Machinery.
• Revenue Streams: Sales of John Deere tractors and harvesters. Rapidly growing its precision ag (software/AI) revenue.
• Summary: The "Tesla of Farming," automating agriculture with GPS and AI-driven green tractors.

90. Honeywell (HON)

• Core Business: Industrial Conglomerate.
• Revenue Streams: Aerospace cockpits, building technologies, performance materials, and warehouse automation.
• Summary: An industrial giant whose diverse technologies are found in everything from airplanes to thermostats.

91. Eaton Corporation (ETN)

• Core Business: Power Management.
• Revenue Streams: Electrical components (breakers, switchgear) essential for grid modernization, data centers, and EVs.
• Summary: A key beneficiary of the global trend toward "Electrification," managing power for buildings and vehicles.

92. Medtronic (MDT)

• Core Business: Medical Devices.
• Revenue Streams: Pacemakers, insulin pumps, and surgical tools. Historically the world's largest medtech firm by revenue.
• Summary: A global leader in medical technology, famous for inventing the battery-powered pacemaker.

93. Chubb Limited (CB)

• Core Business: P&C Insurance.
• Revenue Streams: Commercial and personal property insurance. Known for serving high-net-worth individuals and corporations.
• Summary: The world's largest publicly traded P&C insurer, known for its underwriting discipline and financial strength.

94. CrowdStrike (CRWD)

• Core Business: Cybersecurity (Endpoint Protection).
• Revenue Streams: Subscriptions to the Falcon platform, which protects devices (endpoints) from breaches using cloud-native AI.
• Summary: The leader in next-gen endpoint security, famous for replacing traditional antivirus with cloud AI.

95. Blackstone Inc. (BX)

• Core Business: Alternative Asset Management.
• Revenue Streams: Management and performance fees from Private Equity, Real Estate, and Credit funds.
• Summary: The world's largest alternative asset manager, owning a massive portfolio of real estate and companies.

96. Prologis (PLD)

• Core Business: Logistics REIT.
• Revenue Streams: Renting out warehouses and distribution centers to clients like Amazon, FedEx, and Home Depot.
• Summary: The landlord of the e-commerce economy, owning the largest collection of logistics real estate globally.

97. Vertex Pharmaceuticals (VRTX)

• Core Business: Biotechnology.
• Revenue Streams: Monopoly on drugs treating Cystic Fibrosis (CF). Now launching the first CRISPR-based gene therapy (Casgevy).
• Summary: A biotech powerhouse that turned a fatal genetic disease (CF) into a manageable condition.

98. KKR (KKR)

• Core Business: Alternative Asset Management.
• Revenue Streams: Fees from Private Equity (LBOs), Infrastructure, and Credit investments.
• Summary: A pioneer of the leveraged buyout (LBO) industry, now a diversified global investment firm.

99. Newmont (NEM)

• Core Business: Gold Mining.
• Revenue Streams: Mining and selling gold and copper.
• Summary: The world's largest gold mining company, offering direct exposure to gold prices with a dividend.

100. ConocoPhillips (COP)

• Core Business: Oil & Gas Exploration & Production (E&P).
• Revenue Streams: Selling crude oil, natural gas, and LNG. It spun off its refining business to focus solely on drilling.
• Summary: The largest independent E&P company in the world, focused purely on finding and pumping oil.

101. Constellation Energy (CEG)

• Core Business: Power Generation (Nuclear & Renewable).
• Revenue Streams: Selling clean electricity. It is the largest producer of carbon-free energy in the US, operating a massive fleet of nuclear plants.
• Summary: A top beneficiary of the AI boom, as data centers demand massive amounts of stable, carbon-free nuclear power.

102. Parker Hannifin (PH)

• Core Business: Motion and Control Technologies.
• Revenue Streams: Selling hydraulic, pneumatic, and electromechanical systems to aerospace and industrial markets.
• Summary: The hidden backbone of global manufacturing; if a machine moves, Parker Hannifin likely helped move it.

103. Lockheed Martin (LMT)

• Core Business: Aerospace and Defense.
• Revenue Streams: F-35 Lightning II fighter jets, missiles, and fire control systems. The US government is its biggest customer.
• Summary: The world's largest defense contractor, anchoring US and allied air superiority.

104. Bristol Myers Squibb (BMY)

• Core Business: Biopharmaceuticals.
• Revenue Streams: Blockbuster drugs for oncology (Opdivo), hematology, and immunology (Eliquis).
• Summary: A pharma giant that grew significantly by acquiring Celgene, focusing on serious diseases like cancer.

105. HCA Healthcare (HCA)

• Core Business: Hospital Operations.
• Revenue Streams: Patient services from its network of 180+ hospitals and surgery centers across the US and UK.
• Summary: The largest for-profit hospital operator in the US, known for operational efficiency and scale.

106. Comcast (CMCSA)

• Core Business: Media and Technology.
• Revenue Streams: Connectivity (Xfinity broadband/cable) and Content (NBCUniversal, Sky, Peacock streaming).
• Summary: A cable and broadband giant that also owns a massive media empire, including Universal Studios.

107. Robinhood Markets, Inc. (HOOD)

• Core Business: Retail Brokerage (Fintech).
• Revenue Streams: PFOF (Payment for Order Flow), transaction fees from crypto/options, and net interest income.
• Summary: The app that democratized trading for the younger generation with commission-free stock trading.

108. Automatic Data Processing (ADP)

• Core Business: Human Capital Management (HCM).
• Revenue Streams: Cloud-based software for payroll, HR, tax, and benefits administration.
• Summary: The payroll king; they process paychecks for one in six American workers.

109. McKesson Corporation (MCK)

• Core Business: Pharmaceutical Distribution.
• Revenue Streams: Wholesale distribution of branded and generic drugs to pharmacies and hospitals. High volume, low margin.
• Summary: A critical logistics middleman ensuring medicines get from factories to pharmacies efficiently.

110. CVS Health (CVS)

• Core Business: Integrated Healthcare Services.
• Revenue Streams: Retail pharmacy sales, Aetna health insurance premiums, and Pharmacy Benefit Management (PBM).
• Summary: A healthcare conglomerate that is part drug store, part insurer, and part clinic.

111. DoorDash (DASH)

• Core Business: Food Delivery Platform.
• Revenue Streams: Commission fees from restaurants and service fees from customers.
• Summary: The dominant leader in the US food delivery market, outcompeting Uber Eats in market share.

112. CME Group (CME)

• Core Business: Derivatives Exchange.
• Revenue Streams: Transaction and clearing fees for trading futures and options (Interest rates, Oil, Gold, Bitcoin).
• Summary: The world's leading derivatives marketplace, where the global economy manages risk.

113. Starbucks (SBUX)

• Core Business: Coffee Retailer.
• Revenue Streams: Company-operated store sales and royalties from licensed stores. Also benefits from "float" on prepaid cards.
• Summary: The premier roaster and retailer of specialty coffee, creating a "Third Place" between home and work.

114. Altria (MO)

• Core Business: Tobacco (US).
• Revenue Streams: Selling cigarettes (Marlboro) and oral tobacco products in the United States.
• Summary: A high-yield dividend stock that generates massive cash flow from the US tobacco market despite declining volumes.

115. Southern Company (SO)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated electricity sales in the Southeastern US. Recently completed the only new nuclear units (Vogtle) in the US in decades.
• Summary: A conservative utility giant providing stable energy to the American South.

116. Intercontinental Exchange (ICE)

• Core Business: Financial Market Infrastructure.
• Revenue Streams: Trading and listing fees (Owner of NYSE), energy futures, and mortgage technology services (Black Knight).
• Summary: The owner of the New York Stock Exchange, now deeply diversified into data and mortgage tech.

117. Moody's Corporation (MCO)

• Core Business: Credit Ratings and Analytics.
• Revenue Streams: Fees from issuers for rating their debt (bonds) and selling financial data/analytics software.
• Summary: Operates in a powerful duopoly with S&P Global, essential for the functioning of the global debt market.

118. General Dynamics (GD)

• Core Business: Aerospace and Defense.
• Revenue Streams: Gulfstream business jets, nuclear-powered submarines for the US Navy, and combat vehicles (Tanks).
• Summary: A diversified defense contractor unique for its dominance in both nuclear subs and luxury private jets.

119. Marsh McLennan (MMC)

• Core Business: Professional Services (Insurance & Consulting).
• Revenue Streams: Insurance brokering (Marsh) and HR/Strategy consulting (Mercer, Oliver Wyman).
• Summary: The world's leading insurance broker, advising companies on risk without taking the insurance risk themselves.

120. Synopsys (SNPS)

• Core Business: Electronic Design Automation (EDA).
• Revenue Streams: Software licenses used by chip designers (Nvidia, Apple) to design and test complex integrated circuits.
• Summary: The software backbone of the semiconductor industry; you cannot design a modern chip without Synopsys or its rival Cadence.

121. Duke Energy (DUK)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated sale of electricity and natural gas in the Southeast and Midwest US.
• Summary: One of the largest holding companies for electric power supply in the US, known for stability.

122. Nike, Inc. (NKE)

• Core Business: Athletic Apparel and Footwear.
• Revenue Streams: Selling shoes and clothing under the Nike, Jordan, and Converse brands. Focuses on design and marketing, outsourcing manufacturing.
• Summary: The world's largest supplier of athletic shoes and apparel, driven by powerful branding.

123. Waste Management (WM)

• Core Business: Waste Management and Recycling.
• Revenue Streams: Collection, transfer, and disposal of waste. Its ownership of landfills creates a wide economic moat.
• Summary: The undisputed leader in North American trash services, profiting from an essential, recession-proof service.

124. Trane Technologies (TT)

• Core Business: HVAC and Transport Refrigeration.
• Revenue Streams: Selling Trane air conditioners for buildings and Thermo King refrigeration units for trucks.
• Summary: A pure-play climate innovator focused on efficient heating, cooling, and transport refrigeration.

125. Cadence Design Systems (CDNS)

• Core Business: Electronic Design Automation (EDA).
• Revenue Streams: Software licenses and hardware used to design integrated circuits (chips).
• Summary: Provides the essential software tools for chip designers, operating in a duopoly with Synopsys.

126. CRH plc (CRH)

• Core Business: Building Materials.
• Revenue Streams: Manufacturing cement, aggregates, and asphalt for infrastructure and construction projects.
• Summary: A global giant in building materials, essential for constructing roads, bridges, and buildings.

127. Apollo Global Management (APO)

• Core Business: Alternative Asset Management.
• Revenue Streams: Fees from Private Equity, Credit, and Real Estate funds. Also owns a large retirement services business (Athene).
• Summary: A high-growth alternative asset manager with a heavy focus on credit and insurance strategies.

128. 3M (MMM)

• Core Business: Diversified Industrial Conglomerate.
• Revenue Streams: Sales of 60,000+ products including Post-its, Scotch tape, abrasives, and medical films.
• Summary: A science-based innovation company, though currently navigating restructuring and legal challenges.

129. Dell Technologies (DELL)

• Core Business: IT Hardware and Infrastructure.
• Revenue Streams: PCs (Client Solutions) and Servers/Storage (Infrastructure). seeing massive demand for AI servers.
• Summary: A PC giant that has reinvented itself as a key supplier of AI and cloud infrastructure.

130. U.S. Bancorp (USB)

• Core Business: Commercial Banking.
• Revenue Streams: A super-regional bank generating income from loans, deposits, and payments.
• Summary: Known for its conservative management and high efficiency, serving the Midwest and West.

131. United Parcel Service (UPS)

• Core Business: Logistics and Package Delivery.
• Revenue Streams: Domestic and international package delivery and supply chain solutions.
• Summary: The world's largest package delivery company, serving as a bellwether for global trade.

132. Howmet Aerospace (HWM)

• Core Business: Aerospace Components.
• Revenue Streams: Jet engine components (airfoils), fastening systems, and forged wheels.
• Summary: A critical supplier of engineered metal products that enable jet engines to fly and wheels to roll.

133. Marriott International (MAR)

• Core Business: Hotel Hospitality.
• Revenue Streams: Franchise fees and management fees. They typically manage or franchise hotels rather than owning the buildings (Asset-light).
• Summary: The world's largest hotel chain by room count, profiting from its powerful brand portfolio.

134. PNC Financial Services (PNC)

• Core Business: Banking.
• Revenue Streams: Retail banking, corporate and institutional banking, and asset management.
• Summary: A massive super-regional bank with a strong presence in the Eastern United States.

135. Airbnb (ABNB)

• Core Business: Travel and Lodging Platform.
• Revenue Streams: Service fees charged to hosts and guests for bookings.
• Summary: The platform that revolutionized travel by allowing anyone to rent out their home.

136. American Tower (AMT)

• Core Business: Telecom REIT.
• Revenue Streams: Leasing space on communications towers to wireless carriers (tenants) under long-term contracts.
• Summary: The landlord for the wireless industry; you can't have a cellular network without their towers.

137. Regeneron Pharmaceuticals (REGN)

• Core Business: Biotechnology.
• Revenue Streams: Eylea (eye disease) and Dupixent (allergic diseases). Known for its "Velocisuite" drug discovery technology.
• Summary: A science-led biotech company with a track record of developing blockbuster treatments internally.

138. Northrop Grumman (NOC)

• Core Business: Defense and Space.
• Revenue Streams: B-21 Raider stealth bomber, space systems, and advanced missiles.
• Summary: A defense prime contractor specializing in air dominance, space, and nuclear deterrence.

139. BNY Mellon (BK)

• Core Business: Custody and Investment Management.
• Revenue Streams: Fees for holding and administering assets for other institutions (Investment Services).
• Summary: The "Bank of Banks." The world's largest custodian bank, safeguarding global financial assets.

140. Sherwin-Williams (SHW)

• Core Business: Paint and Coatings.
• Revenue Streams: Selling architectural paint through its own dedicated retail stores and coatings for industrial use.
• Summary: The global leader in paints, famous for its controlled distribution network and strong brand.

141. Royal Caribbean Group (RCL)

• Core Business: Cruise Lines.
• Revenue Streams: Ticket sales and onboard spending (drinks, excursions, casinos) on its massive cruise ships.
• Summary: The second-largest cruise operator, known for its innovative and gigantic ships.

142. O'Reilly Auto Parts (ORLY)

• Core Business: Auto Parts Retail.
• Revenue Streams: Selling aftermarket parts to DIY customers and professional repair shops (DIFM).
• Summary: A dominant auto parts retailer that performs well even when the economy is weak (as people fix old cars).

143. Elevance Health (ELV)

• Core Business: Health Insurance.
• Revenue Streams: Premiums from medical, pharmaceutical, and dental plans. Operates largely under the Blue Cross Blue Shield brand.
• Summary: One of the largest health insurers in the US, formerly known as Anthem.

144. General Motors (GM)

• Core Business: Automotive Manufacturing.
• Revenue Streams: Sales of ICE trucks/SUVs (profit center) and expanding into EVs (Ultium platform).
• Summary: The historic US automaker, currently balancing profitable gas trucks with a push into electric vehicles.

145. Cintas (CTAS)

• Core Business: Business Services (Uniforms).
• Revenue Streams: Renting and cleaning uniforms, providing restroom supplies and first aid kits.
• Summary: The boring but incredibly profitable business of keeping workers in clean uniforms and offices stocked.

146. Corning Inc. (GLW)

• Core Business: Materials Science (Glass/Ceramics).
• Revenue Streams: Gorilla Glass for smartphones, optical fiber for networks, and ceramic substrates for cars.
• Summary: A glass innovator crucial to the tech supply chain, from iPhone screens to AI data center cabling.

147. Aon (AON)

• Core Business: Professional Services (Risk & HR).
• Revenue Streams: Commercial risk brokerage, reinsurance, and human capital consulting fees.
• Summary: A global professional services firm helping clients manage risk and workforce strategies.

148. Emerson Electric (EMR)

• Core Business: Industrial Automation.
• Revenue Streams: Selling measurement and analytical instrumentation, valves, and control systems to factories.
• Summary: A technology and engineering company focused on making industrial processes more efficient.

149. Freeport-McMoRan (FCX)

• Core Business: Mining (Copper).
• Revenue Streams: Mining and selling copper, gold, and molybdenum.
• Summary: The premier "Copper play" in the stock market, essential for the global energy transition.

150. Monster Beverage (MNST)

• Core Business: Energy Drinks.
• Revenue Streams: Selling Monster Energy and other energy drinks. Coca-Cola is a major partner and distributor.
• Summary: A high-growth beverage company that dominates the energy drink shelf alongside Red Bull.

151. Ecolab (ECL)

• Core Business: Water, Hygiene, and Infection Prevention.
• Revenue Streams: Selling cleaning chemicals and water treatment systems to hotels, restaurants, and factories.
• Summary: The global leader in industrial cleaning and water technologies, ensuring safety behind the scenes.

152. Equinix (EQIX)

• Core Business: Data Center REIT.
• Revenue Streams: Providing colocation space and interconnection services (connecting networks together).
• Summary: The world's digital infrastructure company, enabling the internet to function by connecting networks physically.

153. Johnson Controls (JCI)

• Core Business: Smart Buildings.
• Revenue Streams: HVAC, fire detection, and security systems for commercial buildings.
• Summary: A global leader in making buildings smarter, safer, and more sustainable.

154. Cigna (CI)

• Core Business: Managed Healthcare and Insurance.
• Revenue Streams: Evernorth (Pharmacy services/PBM) and Cigna Healthcare (Insurance premiums).
• Summary: A global health service company with a massive pharmacy benefit management arm.

155. TransDigm Group (TDG)

• Core Business: Aerospace Components.
• Revenue Streams: Proprietary aerospace parts with high recurring aftermarket revenue. Known for aggressive pricing power.
• Summary: Operates like a private equity firm for aerospace parts, acquiring companies with monopoly positions on niche parts.

156. Illinois Tool Works (ITW)

• Core Business: Industrial Manufacturing.
• Revenue Streams: Seven segments ranging from automotive OEM parts to food equipment and welding.
• Summary: A highly diversified manufacturer known for its decentralized structure and 80/20 business model.

157. Williams Companies (WMB)

• Core Business: Energy Infrastructure (Midstream).
• Revenue Streams: Gathering, processing, and transporting natural gas via pipelines (Transco).
• Summary: Operates the infrastructure that handles about one-third of the natural gas in the United States.

158. Cummins (CMI)

• Core Business: Power Solutions.
• Revenue Streams: Designing and manufacturing diesel, natural gas, electric, and hybrid powertrains for trucks.
• Summary: The independent leader in engines and power generation, synonymous with heavy-duty trucking.

159. Warner Bros. Discovery (WBD)

• Core Business: Media and Entertainment.
• Revenue Streams: Box office, TV networks (CNN, HGTV), and Streaming (Max).
• Summary: A content powerhouse formed by the merger of Discovery and WarnerMedia, owning vast IP libraries.

160. Mondelez International (MDLZ)

• Core Business: Confectionery and Snacks.
• Revenue Streams: Biscuits (Oreo, Ritz), Chocolate (Cadbury, Toblerone), and Gum.
• Summary: One of the world's largest snack companies, spun off from the old Kraft Foods.

161. FedEx (FDX)

• Core Business: Transportation and E-commerce Services.
• Revenue Streams: FedEx Express (Air) and FedEx Ground.
• Summary: The global courier delivery services company known for speed and reliability, competing directly with UPS.

162. TE Connectivity (TEL)

• Core Business: Connectivity and Sensors.
• Revenue Streams: Manufacturing connectors and sensors for the automotive (EV), industrial, and aerospace sectors.
• Summary: A global industrial technology leader creating a safer, sustainable, productive, and connected future.

163. Hilton Worldwide (HLT)

• Core Business: Hospitality (Hotels).
• Revenue Streams: Franchise and management fees. Operates an asset-light model, owning very few physical hotel properties.
• Summary: One of the world's largest and fastest-growing hospitality companies, managing a massive portfolio of brands.

164. CSX Corporation (CSX)

• Core Business: Freight Railroad.
• Revenue Streams: Rail transportation of coal, intermodal containers, and automobiles in the Eastern US.
• Summary: A leading supplier of rail-based freight transportation in North America.

165. Arthur J. Gallagher & Co. (AJG)

• Core Business: Insurance Brokerage.
• Revenue Streams: Commissions and fees for placing insurance and providing risk management consulting.
• Summary: A global insurance broker that helps companies manage risk without underwriting the insurance policies itself.

166. Cencora (COR)

• Core Business: Pharmaceutical Sourcing and Distribution.
• Revenue Streams: Wholesale distribution of brand-name and generic drugs to healthcare providers. Formerly AmerisourceBergen.
• Summary: A key pillar of the global pharmaceutical supply chain, ensuring patient access to products.

167. Republic Services (RSG)

• Core Business: Waste Disposal and Recycling.
• Revenue Streams: Collection, transfer, and disposal of non-hazardous solid waste.
• Summary: The second-largest provider of waste management services in the US, known for stability and sustainability.

168. Norfolk Southern Railway (NSC)

• Core Business: Freight Railroad.
• Revenue Streams: Rail transport of raw materials and finished goods across the Eastern US.
• Summary: A premier transportation company, forming the other half of the Eastern US rail duopoly with CSX.

169. Travelers Companies (The) (TRV)

• Core Business: Property and Casualty Insurance.
• Revenue Streams: Commercial and personal insurance premiums. The only insurer in the Dow Jones Industrial Average.
• Summary: A leading provider of property casualty insurance for auto, home, and business.

170. Truist Financial (TFC)

• Core Business: Banking.
• Revenue Streams: Formed by the merger of BB&T and SunTrust, generating income from retail and commercial banking.
• Summary: A purpose-driven financial services company, ranking among the top 10 commercial banks in the US.

171. Quanta Services (PWR)

• Core Business: Infrastructure Solutions.
• Revenue Streams: Construction and maintenance of electric power grids (transmission) and underground pipelines.
• Summary: The leading specialty contractor for the electric power industry, building the grid for the energy transition.

172. Colgate-Palmolive (CL)

• Core Business: Consumer Staples.
• Revenue Streams: Oral care (Colgate), Personal care, Home care, and Pet nutrition (Hill's).
• Summary: A global household products company dominating the toothpaste market.

173. Coinbase Global (COIN)

• Core Business: Cryptocurrency Exchange.
• Revenue Streams: Transaction fees from trading crypto assets and subscription/services revenue (Custody, Stablecoin).
• Summary: The largest US cryptocurrency exchange, serving as the bridge between traditional finance and the crypto economy.

174. Autodesk (ADSK)

• Core Business: Design Software.
• Revenue Streams: Subscriptions for AutoCAD, Revit, and Fusion 360 used in architecture, engineering, and construction.
• Summary: The default software provider for anyone designing anything, from skyscrapers to movie visual effects.

175. Motorola Solutions (MSI)

• Core Business: Public Safety Communications.
• Revenue Streams: Land mobile radios (walkie-talkies for police), video security, and command center software.
• Summary: The lifeline for first responders, providing mission-critical communication and analytics.

176. Seagate Technology (STX)

• Core Business: Data Storage.
• Revenue Streams: Manufacturing Hard Disk Drives (HDDs) for mass capacity storage in data centers.
• Summary: A leader in mass-data storage solutions, essential for the cloud and enterprise servers.

177. Western Digital (WDC)

• Core Business: Data Storage.
• Revenue Streams: HDDs for data centers and NAND Flash (SanDisk) for consumer devices and SSDs.
• Summary: A comprehensive data storage company covering both hard drives and flash memory technologies.

178. Carvana Co. (CVNA)

• Core Business: E-commerce Used Car Retailer.
• Revenue Streams: Selling used vehicles online and financing loans. Known for its car vending machines.
• Summary: The vertically integrated platform that disrupted the traditional used car dealership model.

179. American Electric Power (AEP)

• Core Business: Electric Utility.
• Revenue Streams: Regulated transmission and distribution of electricity. Owns the largest transmission network in the US.
• Summary: A massive utility company focused on building the "energy superhighway" (transmission lines).

180. Simon Property Group (SPG)

• Core Business: Retail REIT.
• Revenue Streams: Leasing space in premier shopping malls and premium outlets.
• Summary: The largest owner of shopping malls in the US, proving the resilience of high-end brick-and-mortar retail.

181. Fortinet (FTNT)

• Core Business: Cybersecurity.
• Revenue Streams: Selling security appliances (Firewalls) and services. Famous for its high-performance, cost-effective ASIC chips.
• Summary: A cybersecurity leader driving the convergence of networking and security.

182. Kinder Morgan (KMI)

• Core Business: Energy Infrastructure.
• Revenue Streams: Transporting natural gas, CO2, and refined products through 83,000 miles of pipelines.
• Summary: One of the largest energy infrastructure companies in North America, operating as a giant toll road for energy.

183. Paccar (PCAR)

• Core Business: Truck Manufacturing.
• Revenue Streams: Sales of premium light, medium, and heavy-duty trucks under Kenworth, Peterbilt, and DAF brands.
• Summary: A global technology leader in the design and manufacture of high-quality premium trucks.

184. Ross Stores (ROST)

• Core Business: Off-price Retail.
• Revenue Streams: Selling branded apparel and home fashion at deep discounts. "Dress for Less."
• Summary: The second-largest off-price retailer in the US, thriving on bargain-hunting consumers.

185. Workday, Inc. (WDAY)

• Core Business: Enterprise Cloud Applications.
• Revenue Streams: Subscriptions for Human Capital Management (HR) and Financial Management software.
• Summary: A cloud-native pioneer that replaced legacy HR systems in many of the world's largest companies.

186. Sempra (SRE)

• Core Business: Energy Infrastructure.
• Revenue Streams: Utilities in California (SoCalGas, SDGE) and Texas, plus LNG infrastructure.
• Summary: A leading North American energy infrastructure company with a strong foothold in LNG exports.

187. Aflac (AFL)

• Core Business: Supplemental Insurance.
• Revenue Streams: Cancer and accident insurance policies. It generates more revenue in Japan than in the US.
• Summary: Famous for the "Aflac Duck," it provides cash to policyholders when they are sick or hurt.

188. AutoZone (AZO)

• Core Business: Auto Parts Retail.
• Revenue Streams: Selling auto parts to DIY customers.
• Summary: The leading retailer of auto parts in the Americas, renowned for its aggressive share buyback program.

189. Nasdaq, Inc. (NDAQ)

• Core Business: Exchange Operator and Technology.
• Revenue Streams: Market services (trading), Corporate services (listings), and Financial Technology (anti-crime software).
• Summary: A technology company serving the global financial system, operating the famous Nasdaq stock exchange.

190. Schlumberger (SLB)

• Core Business: Oilfield Services.
• Revenue Streams: Providing technology, equipment, and services to the oil and gas industry for reservoir characterization and drilling.
• Summary: The world's largest offshore drilling contractor and oilfield services company.

191. EOG Resources (EOG)

• Core Business: Oil and Gas Exploration & Production.
• Revenue Streams: Producing crude oil and natural gas from shale formations in the US.
• Summary: A leader in the US shale revolution, known for its technical efficiency and premium drilling locations.

192. PayPal (PYPL)

• Core Business: Digital Payments.
• Revenue Streams: Transaction fees from merchant and consumer payments. Owns Venmo and Braintree.
• Summary: The original digital wallet company, now fighting to maintain dominance in a crowded fintech landscape.

193. NXP Semiconductors (NXPI)

• Core Business: Automotive and Industrial Semiconductors.
• Revenue Streams: Mixed-signal chips for automotive (infotainment, safety), industrial, and IoT applications.
• Summary: A leading supplier of chips that make cars smarter and safer.

194. Becton Dickinson (BDX)

• Core Business: Medical Technology.
• Revenue Streams: Selling medical supplies (syringes, needles), devices, and diagnostic systems.
• Summary: A global medical technology company advancing the world of health by improving medical discovery and delivery.

195. Zoetis (ZTS)

• Core Business: Animal Health.
• Revenue Streams: Medicines, vaccines, and diagnostics for pets and livestock. Spun off from Pfizer.
• Summary: The world's largest producer of medicine and vaccinations for pets and livestock.

196. L3Harris (LHX)

• Core Business: Aerospace and Defense.
• Revenue Streams: Tactical communications (Radios), electronic warfare, and avionics.
• Summary: An agile global aerospace and defense technology innovator, critical for modern warfare communications.

197. Air Products (APD)

• Core Business: Industrial Gases.
• Revenue Streams: Selling atmospheric and process gases. A leader in hydrogen energy projects.
• Summary: A world-leading industrial gas company playing a key role in the clean energy transition via hydrogen.

198. Idexx Laboratories (IDXX)

• Core Business: Veterinary Diagnostics.
• Revenue Streams: Selling diagnostic equipment and consumables to veterinary clinics.
• Summary: The dominant force in pet healthcare diagnostics, benefiting from the "humanization of pets."

199. Vistra Corp. (VST)

• Core Business: Independent Power Producer (IPP).
• Revenue Streams: Generating electricity from nuclear, natural gas, and solar.
• Summary: An integrated retail electricity and power generation company, recently surging due to nuclear assets for AI data centers.

200. Allstate (ALL)

• Core Business: Property and Casualty Insurance.
• Revenue Streams: Auto and Homeowners insurance premiums.
• Summary: One of the largest publicly held personal lines insurers in the US, known for its "Good Hands" protection.

201. Digital Realty (DLR)

• Core Business: Data Center REIT.
• Revenue Streams: Leasing data center space, primarily offering wholesale colocation to hyperscalers and enterprises.
• Summary: The landlord for the cloud, owning massive server farms worldwide.

202. Ford Motor Company (F)

• Core Business: Automotive Manufacturing.
• Revenue Streams: Sales of trucks (F-Series), SUVs, and commercial vans (Ford Pro).
• Summary: An American icon powered by its best-selling F-150 trucks, now navigating a costly transition to EVs.

203. MetLife (MET)

• Core Business: Life Insurance and Employee Benefits.
• Revenue Streams: Premiums from life insurance, annuities, and group benefits plans sold through employers.
• Summary: One of the largest global providers of insurance, annuities, and employee benefit programs.

204. United Rentals (URI)

• Core Business: Equipment Rental.
• Revenue Streams: Renting out construction and industrial equipment (from bulldozers to pumps) to contractors.
• Summary: The world's largest equipment rental company, a primary beneficiary of infrastructure spending.

205. Realty Income (O)

• Core Business: Retail REIT.
• Revenue Streams: Collecting rent from single-tenant commercial properties (e.g., 7-Eleven, Walgreens).
• Summary: "The Monthly Dividend Company," famous for its reliable monthly payouts and defensive tenant base.

206. Phillips 66 (PSX)

• Core Business: Downstream Energy.
• Revenue Streams: Refining crude oil, transporting fluids (Midstream), and marketing fuel at gas stations (76, Phillips 66).
• Summary: A diversified energy manufacturing and logistics company spun off from ConocoPhillips.

207. Electronic Arts (EA)

• Core Business: Video Game Publishing.
• Revenue Streams: Sales and in-game transactions from sports titles like FC (formerly FIFA), Madden NFL, and The Sims.
• Summary: A giant in interactive entertainment, holding a lucrative monopoly on simulation sports games.

208. Dominion Energy (D)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated energy supply in Virginia and South Carolina. Critical supplier to Data Center Alley in Northern Virginia.
• Summary: The utility powering the internet's physical heart (data centers) in Virginia.

209. Edwards Lifesciences (EW)

• Core Business: Structural Heart Disease (MedTech).
• Revenue Streams: Transcatheter heart valve replacement (TAVR) devices.
• Summary: The global leader in patient-focused medical innovations for structural heart disease.

210. Valero Energy (VLO)

• Core Business: Petroleum Refining.
• Revenue Streams: Producing gasoline, diesel, and low-carbon fuels. Known for its complex refineries that process cheaper, heavy crude.
• Summary: The world's largest independent petroleum refiner, turning cheap oil into high-value fuel.

211. Chipotle Mexican Grill (CMG)

• Core Business: Fast Casual Restaurants.
• Revenue Streams: Sales of burritos and bowls. Focuses on "Food with Integrity" using fresh ingredients.
• Summary: A restaurant phenomenon that proved fast food could be fresh, healthy, and ethical.

212. Cardinal Health (CAH)

• Core Business: Pharmaceutical Distribution.
• Revenue Streams: Distributing drugs and medical products to pharmacies and hospitals.
• Summary: A crucial link in the healthcare supply chain, moving medication from manufacturers to providers.

213. Marathon Petroleum (MPC)

• Core Business: Petroleum Refining.
• Revenue Streams: Refining crude oil into fuel. It operates the largest refining system in the US.
• Summary: A refining giant that focuses purely on manufacturing fuel after selling its Speedway retail chain.

214. CBRE Group (CBRE)

• Core Business: Real Estate Services.
• Revenue Streams: Commissions from leasing/selling properties, property management fees, and investment management.
• Summary: The world's largest commercial real estate services and investment firm.

215. W. W. Grainger (GWW)

• Core Business: Industrial Supply (B2B Distribution).
• Revenue Streams: Selling maintenance, repair, and operating (MRO) supplies like motors, tools, and safety gear.
• Summary: The go-to catalog for factory managers, keeping industrial America running.

216. Roper Technologies (ROP)

• Core Business: Diversified Technology.
• Revenue Streams: Subscriptions from niche application software (e.g., insurance, healthcare, education) and industrial tech.
• Summary: A conglomerate of high-margin, cash-generative software businesses disguised as an industrial stock.

217. Datadog (DDOG)

• Core Business: Cloud Monitoring and Security.
• Revenue Streams: SaaS subscriptions for its observability platform, used by IT teams to monitor infrastructure.
• Summary: The dashboard for the cloud era, giving companies visibility into their complex digital systems.

218. Ametek (AME)

• Core Business: Electronic Instruments.
• Revenue Streams: Manufacturing high-end analytical instruments and electromechanical devices.
• Summary: A serial acquirer that grows by buying niche, high-margin precision instrument companies.

219. Fastenal (FAST)

• Core Business: Industrial Distribution.
• Revenue Streams: Selling fasteners (bolts/nuts) and supplies. Famous for its onsite vending machines in factories.
• Summary: A supply chain partner that embeds itself directly onto the customer's factory floor.

220. Take-Two Interactive (TTWO)

• Core Business: Video Game Publishing.
• Revenue Streams: Sales of blockbuster franchises like Grand Theft Auto (GTA), Red Dead Redemption, and NBA 2K.
• Summary: The owner of Rockstar Games and the most anticipated entertainment product in history (GTA VI).

221. American International Group (AIG)

• Core Business: Global Insurance.
• Revenue Streams: General Insurance (P&C) and Life & Retirement solutions worldwide.
• Summary: A global insurance giant that has restructured and simplified its business significantly since 2008.

222. Ameriprise Financial (AMP)

• Core Business: Wealth Management.
• Revenue Streams: Financial advice fees, asset management, and annuities. Spun off from American Express.
• Summary: A diversified financial services firm helping mass-affluent Americans plan for retirement.

223. Axon Enterprise (AXON)

• Core Business: Public Safety Technology.
• Revenue Streams: Selling Tasers and subscriptions for body cameras and the Axon Cloud evidence management system.
• Summary: The company that modernized policing, creating an ecosystem of non-lethal weapons and digital evidence.

224. Delta Air Lines (DAL)

• Core Business: Airline.
• Revenue Streams: Passenger tickets, cargo, and a highly lucrative credit card partnership with Amex.
• Summary: Widely considered the best-run US legacy airline, focusing on premium travelers and reliability.

225. ONEOK (OKE)

• Core Business: Natural Gas Midstream.
• Revenue Streams: Gathering, processing, and transporting natural gas and natural gas liquids (NGLs).
• Summary: A major midstream operator connecting the prolific US shale basins to markets.

226. Public Storage (PSA)

• Core Business: Self-Storage REIT.
• Revenue Streams: Renting storage units to individuals and businesses.
• Summary: The recognizable orange-branded leader of the self-storage industry.

227. Corteva (CTVA)

• Core Business: Agriscience.
• Revenue Streams: Selling proprietary seeds (GMOs) and crop protection chemicals (pesticides/herbicides).
• Summary: A pure-play agriculture company formed from the Dow-DuPont split, feeding the world through science.

228. Monolithic Power Systems (MPWR)

• Core Business: Power Management Semiconductors.
• Revenue Streams: High-performance power control chips used in cloud computing, automotive, and industrial applications.
• Summary: A high-growth chipmaker enabling energy efficiency in AI servers and electric vehicles.

229. Carrier Global (CARR)

• Core Business: HVAC and Refrigeration.
• Revenue Streams: Residential and commercial HVAC systems. Recently pivoted to become a pure-play climate company.
• Summary: The company founded by the inventor of modern air conditioning, now focused on intelligent climate solutions.

230. Target Corporation (TGT)

• Core Business: General Merchandise Retailer.
• Revenue Streams: Selling apparel, home goods, and groceries. Known for its "cheap chic" branding.
• Summary: The "upscale" discounter that offers a more curated shopping experience than Walmart.

231. Rockwell Automation (ROK)

• Core Business: Industrial Automation.
• Revenue Streams: Hardware (controllers) and software for factory automation.
• Summary: The largest company dedicated to industrial automation and information, enabling Smart Factories.

232. Las Vegas Sands (LVS)

• Core Business: Integrated Resorts (Casinos).
• Revenue Streams: Gaming and hospitality in Macau and Singapore. It exited the Las Vegas market completely.
• Summary: An Asian-focused casino giant, betting everything on the growth of gambling in the East.

233. Baker Hughes (BKR)

• Core Business: Energy Technology.
• Revenue Streams: Oilfield services and industrial energy technology (e.g., Turbines for LNG).
• Summary: A leading energy technology company bridging traditional oil & gas with new energy frontiers.

234. Xcel Energy (XEL)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated utility operations in 8 Western and Midwestern states. Leading in wind energy adoption.
• Summary: A utility company aggressively transitioning to clean energy, with a heavy reliance on wind power.

235. MSCI (MSCI)

• Core Business: Financial Tools.
• Revenue Streams: Licensing fees for its global equity indexes and ESG research.
• Summary: The gatekeeper of global capital flows; trillions of dollars in ETFs track MSCI indexes.

236. Exelon (EXC)

• Core Business: Electric and Gas Utility (T&D).
• Revenue Streams: Regulated transmission and distribution of energy. It spun off its generation business (Constellation).
• Summary: The largest transmission and distribution utility in the US, delivering energy without generating it.

237. D. R. Horton (DHI)

• Core Business: Homebuilding.
• Revenue Streams: Selling single-family homes. Focuses on affordable, entry-level homes for first-time buyers.
• Summary: "America's Builder." The largest homebuilder by volume in the United States.

238. Yum! Brands (YUM)

• Core Business: Fast Food Licensing.
• Revenue Streams: Franchise fees and royalties from KFC, Pizza Hut, and Taco Bell.
• Summary: A restaurant powerhouse that grows by franchising its iconic brands globally.

239. Diamondback Energy (FANG)

• Core Business: Oil & Gas Exploration.
• Revenue Streams: Producing oil and gas exclusively from the Permian Basin.
• Summary: A low-cost, high-efficiency shale driller focused entirely on the premier US oil field.

240. Fair Isaac (FICO)

• Core Business: Analytics and Scoring.
• Revenue Streams: Licensing the FICO Score algorithm to lenders for credit decisions.
• Summary: The standard for credit scoring in the US; virtually every loan decision relies on their math.

241. Entergy (ETR)

• Core Business: Electric Utility (Nuclear focused).
• Revenue Streams: Regulated power generation and distribution in the Deep South (AR, LA, MS, TX).
• Summary: A major utility operator in the Gulf South, leveraging a large nuclear fleet to power industrial and data center growth.

242. Cognizant (CTSH)

• Core Business: IT Services and Consulting.
• Revenue Streams: Providing IT outsourcing, systems integration, and consulting services to Global 2000 companies.
• Summary: A leading global professional services company, helping clients modernize technology and reimagine processes.

243. Paychex (PAYX)

• Core Business: Human Capital Management (HCM).
• Revenue Streams: Payroll processing, HR, and insurance services primarily for Small and Medium Businesses (SMBs).
• Summary: The trusted HR partner for small businesses, simplifying payroll and compliance.

244. Carnival (CCL)

• Core Business: Cruise Line Operator.
• Revenue Streams: Ticket sales and onboard spending across its portfolio of brands (Carnival, Princess, Holland America).
• Summary: The world's largest travel leisure company, operating a massive fleet of "fun ships."

245. Block, Inc. (SQ)

• Core Business: Fintech and Payments.
• Revenue Streams: Square ecosystem (Merchant fees) and Cash App (Consumer banking/Bitcoin trading).
• Summary: A financial ecosystem that empowers merchants to accept payments and individuals to manage money (and Bitcoin).

246. Public Service Enterprise Group (PEG)

• Core Business: Diversified Energy.
• Revenue Streams: PSE&G (Regulated utility in New Jersey) and PSEG Power (Nuclear generation fleet).
• Summary: A clean energy-focused utility supplying power to the densely populated New Jersey/New York region.

247. Kroger (KR)

• Core Business: Grocery Retail.
• Revenue Streams: Sales of food and drug via supermarkets (Ralphs, Fred Meyer) and digital channels.
• Summary: The largest traditional grocer in the US, known for its massive scale and data-driven loyalty programs.

248. Prudential Financial (PRU)

• Core Business: Life Insurance and Investment Management.
• Revenue Streams: Insurance premiums, annuities, and asset management fees (PGIM).
• Summary: "The Rock." A global financial services leader providing financial protection and wealth management.

249. Garmin (GRMN)

• Core Business: GPS Technology.
• Revenue Streams: Fitness wearables (watches) and specialized GPS systems for Aviation and Marine (high margin).
• Summary: A tech company that dominates niche GPS markets, from aircraft cockpits to runners' wrists.

250. Targa Resources (TRGP)

• Core Business: Midstream Energy.
• Revenue Streams: Gathering, processing, and treating natural gas and NGLs (Natural Gas Liquids).
• Summary: A key infrastructure player connecting gas production in the Permian Basin to demand centers.

251. Occidental Petroleum (OXY)

• Core Business: Oil & Gas and Chemicals.
• Revenue Streams: Permian Basin oil production, OxyChem (Chemicals), and Carbon Capture (Direct Air Capture).
• Summary: An energy giant pioneering low-carbon technologies, heavily backed by Warren Buffett.

252. Agilent Technologies (A)

• Core Business: Life Sciences and Diagnostics.
• Revenue Streams: Selling analytical instruments (mass spectrometry), software, and consumables to labs.
• Summary: A spinoff from Hewlett-Packard, now a leader in providing the tools for scientific research and testing.

253. Martin Marietta Materials (MLM)

• Core Business: Building Materials (Aggregates).
• Revenue Streams: Mining and selling crushed stone, sand, and gravel for infrastructure projects.
• Summary: An infrastructure play; selling the heavy, essential raw materials needed to build roads and foundations.

254. Vulcan Materials Company (VMC)

• Core Business: Construction Aggregates.
• Revenue Streams: The nation's largest producer of construction aggregates (crushed stone, sand, and gravel).
• Summary: The market leader in the aggregates industry, profiting from every mile of road paved in its territories.

255. Estée Lauder Companies (The) (EL)

• Core Business: Prestige Beauty.
• Revenue Streams: Selling high-end skincare (La Mer), makeup (MAC), fragrance (Jo Malone), and hair care.
• Summary: A global leader in luxury beauty, focusing exclusively on prestige brands rather than mass market.

256. Hartford (The) (HIG)

• Core Business: Property and Casualty Insurance.
• Revenue Streams: Small commercial insurance, workers' comp, and Group Benefits (Employee insurance).
• Summary: An insurance leader known for its strength in serving small businesses and providing employee benefits.

257. IQVIA (IQV)

• Core Business: Life Sciences Intelligence.
• Revenue Streams: R&D Solutions (Contract Research Organization/Clinical trials) and Tech & Analytics (Data).
• Summary: The bridge between clinical trials and data analytics, helping pharma companies develop drugs faster.

258. eBay (EBAY)

• Core Business: E-commerce Marketplace.
• Revenue Streams: Transaction fees (Take rate) and advertising. Focuses on "non-new in season" goods (used, refurbished, collectibles).
• Summary: The original online auction house, now a marketplace for enthusiasts and value-seekers.

259. Crown Castle (CCI)

• Core Business: Telecom Infrastructure REIT.
• Revenue Streams: Leasing cell towers, small cells, and fiber to wireless carriers.
• Summary: A tower company focused solely on the US market, betting big on small cells and fiber for 5G density.

260. Keurig Dr Pepper (KDP)

• Core Business: Beverage.
• Revenue Streams: Coffee Systems (Keurig brewers/pods) and Beverage Concentrates (Dr Pepper, Snapple).
• Summary: A unique combination of a hot coffee empire and a cold soft drink giant.

261. GE HealthCare (GEHC)

• Core Business: Medical Technology.
• Revenue Streams: Sales and service of medical imaging equipment (MRI, CT, Ultrasound). Spun off from GE.
• Summary: A leading global medical technology innovator, enabling precision care through advanced imaging.

262. Nucor (NUE)

• Core Business: Steel Manufacturing.
• Revenue Streams: Producing steel using Electric Arc Furnaces (EAF) which recycle scrap metal.
• Summary: The largest and most diversified steelmaker in North America, known for its flexible and efficient production model.

263. Copart (CPRT)

• Core Business: Online Vehicle Auctions.
• Revenue Streams: Fees from sellers (insurance companies) and buyers (dismantlers, exporters) for salvage vehicles.
• Summary: The dominant platform for selling totaled cars, benefiting from a global network of buyers.

264. Wabtec (WAB)

• Core Business: Rail Equipment.
• Revenue Streams: Manufacturing freight locomotives and providing aftermarket services/components.
• Summary: A global leader in the rail industry, powering the heavy-haul freight trains that move the world's goods.

265. Ventas (VTR)

• Core Business: Healthcare REIT.
• Revenue Streams: Rent from senior housing communities, medical office buildings, and life science centers.
• Summary: A real estate giant capitalizing on the demographic tailwinds of an aging population.

266. Hershey Company (The) (HSY)

• Core Business: Confectionery.
• Revenue Streams: Selling chocolate (Hershey's, Reese's) and salty snacks (SkinnyPop).
• Summary: An American icon with immense pricing power, dominating the domestic chocolate market.

267. Ares Management Corporation (ARES)

• Core Business: Alternative Asset Management.
• Revenue Streams: Management fees from Credit, Private Equity, and Real Estate funds. Leader in Private Credit.
• Summary: A powerhouse in the booming private credit market, lending to companies where banks have stepped back.

268. State Street Corporation (STT)

• Core Business: Financial Services.
• Revenue Streams: Investment Servicing (Custody/Administration) and Investment Management (State Street Global Advisors - SPDR ETFs).
• Summary: A systemic bank that safeguards financial assets and created the world's first ETF (SPY).

269. United Airlines Holdings (UAL)

• Core Business: Airline.
• Revenue Streams: Passenger and cargo transport. Known for the largest international route network among US carriers.
• Summary: A global carrier connecting the US to the world, aggressively renewing its fleet for efficiency.

270. Sandisk Corporation (SNDK)

• Note: Acquired by Western Digital (WDC).
• Core Business: Flash Memory Storage.
• Revenue Streams: NAND flash products (SD cards, USBs, SSDs).
• Summary: A pioneer in flash memory technology, now the "NAND" engine within Western Digital's storage portfolio.

271. Fiserv, Inc. (FISV)

• Core Business: Fintech and Payments.
• Revenue Streams: Merchant Acceptance (Clover POS) and Financial Technology (Core banking systems).
• Summary: A global leader in payments and financial technology, powering everything from corner cafes to big banks.

272. Consolidated Edison (ED)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated energy delivery in New York City and Westchester County.
• Summary: "Con Ed." The utility that keeps the lights on in the city that never sleeps (NYC).

273. ResMed (RMD)

• Core Business: Medical Devices (Sleep & Respiratory).
• Revenue Streams: Cloud-connected CPAP machines and masks for treating sleep apnea.
• Summary: The leader in digital health for sleep apnea, improving lives with connected medical devices.

274. Sysco (SYY)

• Core Business: Foodservice Distribution.
• Revenue Streams: Distributing food and kitchen supplies to restaurants, healthcare/educational facilities, and hotels.
• Summary: The global leader in selling, marketing, and distributing food products to "meals-away-from-home" locations.

275. Keysight Technologies (KEYS)

• Core Business: Electronic Design and Test.
• Revenue Streams: Hardware and software used to validate performance of electronics (5G, Auto, Semi).
• Summary: The premier test and measurement company; if it's electronic, Keysight likely helped test it.

276. Expedia Group (EXPE)

• Core Business: Online Travel Agency (OTA).
• Revenue Streams: Booking commissions from Hotels.com, Expedia, and Vrbo (Vacation rentals).
• Summary: A travel platform giant powering bookings for millions of travelers, competing with Booking.com.

277. Microchip Technology (MCHP)

• Core Business: Semiconductors.
• Revenue Streams: Microcontrollers (MCUs), analog, and mixed-signal chips for industrial, auto, and consumer uses.
• Summary: A smart, efficient chipmaker known for its massive portfolio of "essential" chips and 20+ year product lifecycles.

278. Fidelity National Information Services (FIS)

• Core Business: Financial Technology.
• Revenue Streams: Banking solutions (Core processing) and Capital Markets tech. Spun off Worldpay recently.
• Summary: The backbone of the global banking system, providing the software that processes trillions of dollars.

279. Arch Capital Group (ACGL)

• Core Business: Insurance and Reinsurance.
• Revenue Streams: Property & Casualty reinsurance and Mortgage insurance.
• Summary: A Bermuda-based insurer known for its underwriting discipline and specialty in reinsurance.

280. PG&E Corporation (PCG)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated utility services in Northern and Central California.
• Summary: A major California utility focused on grid modernization and wildfire risk mitigation after emerging from bankruptcy.

281. WEC Energy Group (WEC)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Providing energy to customers in Wisconsin, Illinois, and other states.
• Summary: A reliable Midwestern utility known for its consistent performance and dividend growth.

282. Otis Worldwide (OTIS)

• Core Business: Elevators and Escalators.
• Revenue Streams: Manufacturing equipment, but the bulk of profit comes from Service (Maintenance & Repair contracts).
• Summary: The world's leading elevator company, profiting from the installed base of vertical transportation.

283. Comfort Systems USA, Inc. (FIX)

• Core Business: Mechanical and Electrical Contracting.
• Revenue Streams: Installation and service of HVAC and electrical systems for commercial and industrial buildings.
• Summary: A major beneficiary of the US manufacturing and data center construction boom.

284. Live Nation Entertainment (LYV)

• Core Business: Live Entertainment.
• Revenue Streams: Ticketmaster fees (Ticketing) and Concert promotion/sponsorships.
• Summary: The vertically integrated giant of the music industry, controlling everything from venues to ticket sales.

285. Xylem Inc. (XYL)

• Core Business: Water Technology.
• Revenue Streams: Pumps, smart meters, and treatment solutions for water utilities and industrial users.
• Summary: A pure-play water technology company addressing global water scarcity and infrastructure needs.

286. EQT Corporation (EQT)

• Core Business: Natural Gas Production (E&P).
• Revenue Streams: Producing natural gas from the Appalachian Basin.
• Summary: The largest producer of natural gas in the United States, positioning itself for the LNG export boom.

287. Kimberly-Clark (KMB)

• Core Business: Personal Care.
• Revenue Streams: Selling paper-based consumer products like Huggies (diapers), Kleenex, and Kotex.
• Summary: A consumer staples giant making essential hygiene products used by millions daily.

288. Old Dominion (ODFL)

• Core Business: LTL (Less-Than-Truckload) Shipping.
• Revenue Streams: Transporting smaller freight loads with industry-leading efficiency and on-time service.
• Summary: The "premium" player in trucking, known for high margins and operational excellence.

289. Kenvue (KVUE)

• Core Business: Consumer Health.
• Revenue Streams: Iconic brands like Tylenol, Listerine, and Neutrogena. Spun off from Johnson & Johnson.
• Summary: The world's largest pure-play consumer health company by revenue.

290. Hewlett Packard Enterprise (HPE)

• Core Business: Enterprise IT Solutions.
• Revenue Streams: Servers, storage, and networking (Aruba) for corporate data centers and edge computing.
• Summary: The enterprise-focused half of the old HP, helping companies build hybrid cloud environments.

291. Raymond James Financial (RJF)

• Core Business: Financial Services.
• Revenue Streams: Wealth management fees, capital markets (investment banking), and asset management.
• Summary: A diversified financial firm with a massive network of independent financial advisors.

292. Ingersoll Rand (IR)

• Core Business: Industrial Machinery.
• Revenue Streams: Air compressors, pumps, and blowers used in mission-critical industrial applications.
• Summary: A global provider of flow creation and industrial solutions, essential for manufacturing.

293. Willis Towers Watson (WTW)

• Core Business: Advisory, Broking, and Solutions.
• Revenue Streams: Insurance brokerage, risk consulting, and human capital (HR) advice.
• Summary: A global professional services firm helping clients manage risk and people strategies.

294. Fifth Third Bancorp (FITB)

• Core Business: Regional Banking.
• Revenue Streams: Commercial and retail banking centered in the Midwest.
• Summary: A diversified regional bank headquartered in Cincinnati, Ohio.

295. M&T Bank (MTB)

• Core Business: Regional Banking.
• Revenue Streams: Commercial real estate lending and business banking in the Northeast.
• Summary: A conservative and profitable bank with a strong foothold in New York and the mid-Atlantic.

296. Teradyne (TER)

• Core Business: Automated Test Equipment and Robotics.
• Revenue Streams: Semiconductor testing systems and industrial collaborative robots (Universal Robots).
• Summary: Ensures chips work correctly and supplies robots that work alongside humans in factories.

297. Humana (HUM)

• Core Business: Health Insurance.
• Revenue Streams: Heavily concentrated in Medicare Advantage plans for seniors.
• Summary: A health insurer betting big on the aging US population and government-sponsored healthcare.

298. Synchrony Financial (SYF)

• Core Business: Consumer Financial Services.
• Revenue Streams: Interest and fees from Private Label Credit Cards (e.g., Amazon Store Card, Lowe's Card).
• Summary: The engine behind many retailers' branded credit cards.

299. NRG Energy (NRG)

• Core Business: Integrated Power.
• Revenue Streams: Generating electricity and selling retail power plans directly to homes (e.g., in Texas).
• Summary: A consumer-focused energy company that pairs power generation with retail customers.

300. Verisk Analytics (VRSK)

• Core Business: Data Analytics (Insurance).
• Revenue Streams: Selling risk data and actuarial models to property and casualty insurers.
• Summary: The data standard for the insurance industry; insurers can't price risk accurately without them.

301. Dollar General (DG)

• Core Business: Discount Retail.
• Revenue Streams: Selling low-priced food and household basics in small, rural stores.
• Summary: The shopping lifeline for rural and low-income America, serving "food deserts."

302. Vici Properties (VICI)

• Core Business: Casino REIT.
• Revenue Streams: Collecting rent from trophy casino assets like Caesars Palace and MGM Grand.
• Summary: The largest owner of gaming real estate in Las Vegas, operating a triple-net lease model.

303. Interactive Brokers Group (IBKR)

• Core Business: Electronic Brokerage.
• Revenue Streams: Commissions and net interest margin. Favored by sophisticated traders for low costs and global access.
• Summary: A tech-heavy brokerage platform connecting traders to markets worldwide.

304. Rollins, Inc. (ROL)

• Core Business: Pest Control.
• Revenue Streams: Recurring subscription revenue from residential and commercial pest control (Orkin).
• Summary: A recession-resistant business; people will always pay to get rid of termites and roaches.

305. Mettler Toledo (MTD)

• Core Business: Precision Instruments.
• Revenue Streams: Selling laboratory balances, industrial scales, and pipettes.
• Summary: The gold standard for weighing and analytical instruments in labs and factories.

306. First Solar (FSLR)

• Core Business: Solar Panel Manufacturing.
• Revenue Streams: Selling advanced thin-film solar modules.
• Summary: The largest US-based solar manufacturer, heavily benefiting from domestic clean energy incentives (IRA).

307. Kraft Heinz (KHC)

• Core Business: Food and Beverage.
• Revenue Streams: Iconic grocery brands like Heinz Ketchup, Kraft Mac & Cheese, and Philadelphia Cream Cheese.
• Summary: A food giant controlled by Berkshire Hathaway, focused on revitalizing its classic brands.

308. CoStar Group (CSGP)

• Core Business: Real Estate Information.
• Revenue Streams: Subscriptions for commercial real estate data and online marketplaces like Apartments.com.
• Summary: The "Bloomberg of Real Estate," providing essential data for commercial property transactions.

309. EMCOR Group, Inc. (EME)

• Core Business: Specialty Construction Services.
• Revenue Streams: Electrical and mechanical construction for industrial, commercial, and utility projects.
• Summary: A leading specialty contractor building the complex systems inside factories and hospitals.

310. Huntington Bancshares (HBAN)

• Core Business: Regional Banking.
• Revenue Streams: Retail and commercial banking services in the Midwest.
• Summary: A major regional bank based in Columbus, Ohio, known for customer-friendly policies.

311. Archer Daniels Midland (ADM)

• Core Business: Agribusiness (Food Processing).
• Revenue Streams: Processing corn, oilseeds, and wheat into food ingredients, animal feed, and biofuels.
• Summary: One of the "ABCD" giants of the global grain trade, turning crops into food staples.

312. Extra Space Storage (EXR)

• Core Business: Self-Storage REIT.
• Revenue Streams: Renting storage units. It grew significantly by acquiring Life Storage.
• Summary: A massive self-storage operator, benefiting from Americans' need for more space.

313. Brown & Brown (BRO)

• Core Business: Insurance Brokerage.
• Revenue Streams: Commissions on insurance placement. known for its decentralized culture and aggressive acquisitions.
• Summary: A rapidly growing insurance intermediary that acts as a sales force for insurance carriers.

314. Dover Corporation (DOV)

• Core Business: Diversified Manufacturing.
• Revenue Streams: Pumps, fueling systems, and refrigeration equipment.
• Summary: An industrial conglomerate known for its "Dividend King" status and niche manufacturing leadership.

315. Atmos Energy (ATO)

• Core Business: Natural Gas Utility.
• Revenue Streams: Regulated natural gas distribution in Texas and other states.
• Summary: The largest natural-gas-only distributor in the US, focused on modernizing pipe infrastructure.

316. Equifax (EFX)

• Core Business: Credit Reporting.
• Revenue Streams: Selling credit data and employment verification services to lenders and employers.
• Summary: One of the big three credit bureaus; an essential gatekeeper for loans and background checks.

317. Tractor Supply (TSCO)

• Core Business: Rural Lifestyle Retail.
• Revenue Streams: Selling feed, tools, and supplies to recreational farmers and ranchers ("Life Out Here").
• Summary: The dominant retailer for the rural lifestyle, thriving by serving the hobby farmer niche.

318. Ameren (AEE)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated energy delivery in Missouri and Illinois.
• Summary: A reliable utility company serving the St. Louis area and surrounding regions.

319. Ulta Beauty (ULTA)

• Core Business: Beauty Retail.
• Revenue Streams: Selling cosmetics, fragrance, and skincare (Mass + Prestige) and providing salon services.
• Summary: The largest beauty retailer in the US, acting as a one-stop-shop for all things beauty.

320. Tapestry, Inc. (TPR)

• Core Business: Luxury Accessories.
• Revenue Streams: Coach, Kate Spade, and Stuart Weitzman handbags and apparel.
• Summary: An American house of modern luxury brands, anchoring its business on the resurgence of Coach.

321. W. R. Berkley Corporation (WRB)

• Core Business: Commercial Insurance (Specialty).
• Revenue Streams: Excess and Surplus (E&S) lines, covering high-risk or unique business needs that standard insurers reject.
• Summary: A disciplined, high-margin insurer specializing in niche commercial risks.

322. Charter Communications (CHTR)

• Core Business: Cable and Broadband.
• Revenue Streams: Subscriptions for Spectrum internet, TV, and mobile services.
• Summary: The second-largest cable operator in the US, leveraging its massive infrastructure to sell connectivity.

323. Cboe Global Markets (CBOE)

• Core Business: Exchange Operator.
• Revenue Streams: Transaction fees from options trading and proprietary products like the VIX (Volatility Index).
• Summary: The home of the "Fear Gauge" and a global leader in derivatives trading.

324. DTE Energy (DTE)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Providing energy to Detroit and surrounding Michigan areas.
• Summary: The utility powering the Motor City and Michigan's industrial base.

325. Broadridge Financial Solutions (BR)

• Core Business: Fintech and Corporate Services.
• Revenue Streams: Processing proxy votes for shareholder meetings and managing investor communications.
• Summary: The monopoly-like infrastructure behind shareholder voting; they process nearly all proxy votes in the US.

326. Northern Trust (NTRS)

• Core Business: Wealth Management and Custody.
• Revenue Streams: Fees for managing assets for ultra-high-net-worth individuals and institutional custody services.
• Summary: A Chicago-based bank serving the super-rich and large institutions with white-glove financial services.

327. Dexcom (DXCM)

• Core Business: Medical Devices (Diabetes).
• Revenue Streams: Selling Continuous Glucose Monitoring (CGM) systems (sensors and transmitters).
• Summary: Revolutionized diabetes care by allowing patients to track blood sugar in real-time without fingersticks.

328. Expand Energy (EXE)

• Core Business: Natural Gas Exploration & Production.
• Revenue Streams: Created by the merger of Chesapeake Energy and Southwestern Energy. Produces natural gas.
• Summary: The largest natural gas producer in the US, perfectly positioned for the LNG export boom.

329. Biogen (BIIB)

• Core Business: Biotechnology (Neuroscience).
• Revenue Streams: Drugs for Multiple Sclerosis (MS), Spinal Muscular Atrophy, and Alzheimer's (Leqembi).
• Summary: A biotech pioneer focused on solving complex brain diseases like Alzheimer's.

330. PPL Corporation (PPL)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Regulated utility operations in Pennsylvania, Kentucky, and Rhode Island.
• Summary: A pure-play US regulated utility focusing on grid modernization and dividend stability.

331. AvalonBay Communities (AVB)

• Core Business: Residential REIT.
• Revenue Streams: Rent from luxury apartment communities in high-barrier-to-entry coastal markets (NYC, LA, Boston).
• Summary: Develops and owns premium apartments in the cities where jobs and wages are growing fastest.

332. FirstEnergy (FE)

• Core Business: Electric Utility.
• Revenue Streams: Regulated electric transmission and distribution in the Midwest and Mid-Atlantic.
• Summary: A massive utility holding company operating one of the largest transmission systems in the US.

333. Lennar (LEN)

• Core Business: Homebuilding.
• Revenue Streams: Selling single-family homes and providing mortgage/title services.
• Summary: One of America's leading homebuilders, known for its "Everything's Included" marketing strategy.

334. Cincinnati Financial (CINF)

• Core Business: Property and Casualty Insurance.
• Revenue Streams: Commercial and personal insurance sold exclusively through independent agents.
• Summary: A Dividend King insurer that prides itself on strong relationships with local agents.

335. Citizens Financial Group (CFG)

• Core Business: Regional Banking.
• Revenue Streams: Retail and commercial banking in the Northeast and Mid-Atlantic.
• Summary: One of the oldest and largest financial institutions in the US, formerly owned by RBS.

336. Steel Dynamics (STLD)

• Core Business: Steel Manufacturing.
• Revenue Streams: Producing steel using recycled scrap in Electric Arc Furnaces. Also fabricates steel products.
• Summary: One of the most profitable and efficient steelmakers in the US, competing directly with Nucor.

337. American Water Works (AWK)

• Core Business: Water Utility.
• Revenue Streams: Regulated water and wastewater services for residential and commercial customers.
• Summary: The largest and most geographically diverse publicly traded water utility in the US.

338. Veralto (VLTO)

• Core Business: Water and Product Quality.
• Revenue Streams: Water testing equipment (Hach) and product packaging/marking solutions (Videojet). Spun off from Danaher.
• Summary: Provides the technology to ensure water is safe to drink and packaged goods are safe to consume.

339. Eversource Energy (ES)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Energy delivery in Connecticut, Massachusetts, and New Hampshire.
• Summary: New England's largest energy delivery company, actively involved in the region's green energy transition.

340. Jabil (JBL)

• Core Business: Electronic Manufacturing Services (EMS).
• Revenue Streams: Contract manufacturing for major brands in healthcare, auto, and cloud sectors.
• Summary: The factory behind the brands; they build the hardware for some of the world's biggest tech companies.

341. Omnicom Group (OMC)

• Core Business: Advertising and Marketing.
• Revenue Streams: Fees from global advertising agencies like BBDO, DDB, and TBWA.
• Summary: A global media holding company that manages the brand image of the world's largest corporations.

342. General Mills (GIS)

• Core Business: Packaged Food.
• Revenue Streams: Cheerios, Haagen-Dazs, Pillsbury, and Blue Buffalo (Pet food).
• Summary: A food giant present in almost every aisle of the grocery store, now heavily invested in premium pet food.

343. Steris (STE)

• Core Business: Healthcare Sterilization.
• Revenue Streams: Selling sterilization equipment and outsourced infection prevention services to hospitals.
• Summary: Ensures medical devices are germ-free; a critical backend partner for hospitals and pharma.

344. CenterPoint Energy (CNP)

• Core Business: Electric and Gas Utility.
• Revenue Streams: Transmission and distribution of energy, primarily in the Houston area.
• Summary: The poles-and-wires company that keeps Houston powered.

345. Dollar Tree (DLTR)

• Core Business: Discount Retail.
• Revenue Streams: Selling goods at fixed low prices (mostly $1.25) at Dollar Tree and operating Family Dollar stores.
• Summary: A treasure-hunt shopping experience for value-conscious consumers.

346. Lululemon Athletica (LULU)

• Core Business: Athletic Apparel.
• Revenue Streams: Selling premium yoga and running gear. Created the "Athleisure" category.
• Summary: A lifestyle brand with a cult-like following, selling high-margin technical apparel.

347. Regions Financial Corporation (RF)

• Core Business: Regional Banking.
• Revenue Streams: Banking services across the South, Midwest, and Texas.
• Summary: A member of the S&P 500 Index and one of the nation's largest full-service providers of consumer and commercial banking.

348. Teledyne Technologies (TDY)

• Core Business: Digital Imaging and Instrumentation.
• Revenue Streams: High-tech sensors, cameras for space/deep-sea, and aerospace electronics.
• Summary: A conglomerate of highly engineered technologies used in the harshest environments known to man.

349. Constellation Brands (STZ)

• Core Business: Alcoholic Beverages.
• Revenue Streams: Modelo and Corona beer (US rights only), plus wines and spirits.
• Summary: The king of imported beer in the US, driven by the massive success of Modelo Especial.

350. Iron Mountain (IRM)

• Core Business: Storage REIT.
• Revenue Streams: Storing physical records (paper) and operating data centers.
• Summary: The global leader in information management, transitioning from paper storage to digital assets.

351. Hubbell Incorporated (HUBB)

• Core Business: Electrical and Utility Solutions.
• Revenue Streams: Components for the electrical grid and industrial applications.
• Summary: Makes the nuts, bolts, and connectors that hold the electrical grid together.

352. Equity Residential (EQR)

• Core Business: Residential REIT.
• Revenue Streams: Rent from upscale apartment properties in dynamic urban markets.
• Summary: A landlord focused on affluent renters in cities with high barriers to entry for new construction.

353. Leidos (LDOS)

• Core Business: Government Services.
• Revenue Streams: IT, engineering, and science contracts for Defense, Intelligence, and Civil agencies.
• Summary: A massive science and technology contractor that keeps the US government's digital infrastructure running.

354. Halliburton (HAL)

• Core Business: Oilfield Services.
• Revenue Streams: Hydraulic fracturing (Fracking) and drilling services.
• Summary: The dominant player in the North American fracking market, helping drillers unlock shale oil.

355. PPG Industries (PPG)

• Core Business: Paints and Coatings.
• Revenue Streams: High-performance coatings for aerospace, automotive, and packaging industries.
• Summary: A global rival to Sherwin-Williams, specializing in industrial and protective coatings.

356. PulteGroup (PHM)

• Core Business: Homebuilding.
• Revenue Streams: Building homes under brands like Pulte, Centex, and Del Webb (Active Adult).
• Summary: A large-scale homebuilder serving entry-level, move-up, and retirement buyers.

357. KeyCorp (KEY)

• Core Business: Regional Banking.
• Revenue Streams: KeyBank operations in the Midwest and Northeast.
• Summary: A Cleveland-based bank focused on relationship-based commercial and consumer banking.

358. Waters Corporation (WAT)

• Core Business: Analytical Instruments.
• Revenue Streams: Liquid chromatography and mass spectrometry instruments for pharma labs.
• Summary: Provides the high-end tools scientists use to analyze the chemical composition of drugs and materials.

359. Edison International (EIX)

• Core Business: Electric Utility.
• Revenue Streams: Parent of Southern California Edison, supplying power to millions in SoCal.
• Summary: A utility at the forefront of the clean energy transition, while managing significant wildfire risks.

360. T. Rowe Price (TROW)

• Core Business: Asset Management.
• Revenue Streams: Fees from active investment management (Mutual funds, Retirement plans).
• Summary: A stalwart of active investing, known for its retirement target-date funds and research-driven approach.

361. Verisign (VRSN)

• Core Business: Internet Infrastructure.
• Revenue Streams: Exclusive registry for .com and .net domains.
• Summary: The tollbooth of the internet, earning a fee for every .com domain registered worldwide.

362. Williams-Sonoma (WSM)

• Core Business: Home Furnishings Retail.
• Revenue Streams: Selling kitchenware and furniture through brands like Pottery Barn, West Elm, and Williams Sonoma.
• Summary: A digital-first retailer dominating the premium home goods market.

363. Devon Energy (DVN)

• Core Business: Oil & Gas E&P.
• Revenue Streams: Onshore oil production in the US (Delaware Basin). Known for its fixed-plus-variable dividend policy.
• Summary: A premier US shale producer that rewards shareholders heavily when oil prices are high.

364. ON Semiconductor (ON)

• Core Business: Power and Sensing Semiconductors.
• Revenue Streams: Silicon Carbide (SiC) chips for EVs, automotive sensors, and industrial power management.
• Summary: A key enabler of the EV revolution, providing the chips that manage power and sensing in cars.

365. Loews Corporation (L)

• Core Business: Diversified Conglomerate.
• Revenue Streams: Majority stake in CNA Financial (Insurance), Boardwalk Pipelines (Gas), and Loews Hotels.
• Summary: A family-controlled holding company (Tisch family) with a diverse portfolio of assets.

366. Darden Restaurants (DRI)

• Core Business: Full-Service Restaurants.
• Revenue Streams: Operating casual dining chains like Olive Garden and LongHorn Steakhouse.
• Summary: The world's largest full-service restaurant company, known for its operational efficiency.

367. NetApp (NTAP)

• Core Business: Data Infrastructure.
• Revenue Streams: Enterprise storage systems (All-flash arrays) and hybrid cloud data services.
• Summary: Helps companies manage their data seamlessly across on-premises storage and the public cloud.

368. Ralph Lauren Corporation (RL)

• Core Business: Fashion and Lifestyle.
• Revenue Streams: Selling apparel (Polo), accessories, and fragrances epitomizing premium American style.
• Summary: The global leader in premium lifestyle products, defining American fashion for over 50 years.

369. Corpay (CPAY)

• Core Business: Corporate Payments.
• Revenue Streams: Fuel cards, lodging payments, and cross-border payments for businesses (formerly FLEETCOR).
• Summary: A B2B fintech streamlining how companies pay their expenses, from truck fuel to vendor bills.

370. HP Inc. (HPQ)

• Core Business: Personal Systems and Printing.
• Revenue Streams: Selling PCs (Laptops/Desktops) and Printers/Supplies (Ink & Toner are the profit engines).
• Summary: The consumer-facing half of the original Hewlett-Packard, generating massive cash flow from printing.

371. Southwest Airlines (LUV)

• Core Business: Airline.
• Revenue Streams: Domestic passenger travel. Operates a unique point-to-point network using only Boeing 737s.
• Summary: The inventor of the low-cost carrier model, famous for "Bags Fly Free" and no assigned seating.

372. CMS Energy (CMS)

• Core Business: Utility.
• Revenue Streams: Consumers Energy provides electric and gas service to Michigan residents.
• Summary: A pure-play Michigan utility focused on clean energy transition and reliable service.

373. International Paper (IP)

• Core Business: Packaging and Pulp.
• Revenue Streams: Industrial packaging (Corrugated boxes) and cellulose fibers.
• Summary: One of the world's largest producers of the fiber-based packaging used to ship e-commerce goods.

374. LabCorp (LH)

• Core Business: Clinical Laboratories.
• Revenue Streams: Performing diagnostic tests (blood, urine) for doctors and hospitals.
• Summary: A leading global life sciences company, operating one of the two massive US lab networks.

375. PTC Inc. (PTC)

• Core Business: Industrial Software.
• Revenue Streams: Subscriptions for CAD (Creo), PLM (Windchill), and IoT software for manufacturers.
• Summary: Provides the digital tools that physical engineering companies use to design and manage products.

376. Tyson Foods (TSN)

• Core Business: Food Processing (Meat).
• Revenue Streams: Processing Chicken, Beef, and Pork. Owns brands like Tyson, Jimmy Dean, and Hillshire Farm.
• Summary: One of the world's largest food companies and a recognized leader in protein.

377. SBA Communications (SBAC)

• Core Business: Telecom REIT.
• Revenue Streams: Leasing antenna space on towers to wireless carriers in the US and international markets.
• Summary: A key player in wireless infrastructure, similar to American Tower but smaller and international.

378. Church & Dwight (CHD)

• Core Business: Consumer Staples.
• Revenue Streams: Arm & Hammer (Baking soda products), Trojan, OxiClean.
• Summary: A resilient consumer products company built on the power of a single ingredient: baking soda.

379. Expeditors International (EXPD)

• Core Business: Logistics (Freight Forwarding).
• Revenue Streams: Air and ocean freight consolidation and customs brokerage. It is asset-light (owns no planes/ships).
• Summary: A logistics giant that moves goods globally by buying cargo space and reselling it efficiently.

380. Insulet Corporation (PODD)

• Core Business: Medical Devices (Diabetes).
• Revenue Streams: Selling the Omnipod, a tubeless, wearable insulin pump.
• Summary: A pioneer in tubeless insulin pump technology, simplifying life for people with diabetes.

381. Smurfit WestRock (SW)

• Core Business: Packaging.
• Revenue Streams: Corrugated packaging and consumer paperboard. Formed by the merger of Smurfit Kappa and WestRock.
• Summary: A global leader in sustainable paper and packaging, creating the boxes that power the economy.

382. NVR, Inc. (NVR)

• Core Business: Homebuilding.
• Revenue Streams: Building homes (Ryan Homes). Uses a unique asset-light land option strategy to avoid holding land risk.
• Summary: The most efficient homebuilder in the US, known for its risk-averse business model and high stock price.

383. Centene Corporation (CNC)

• Core Business: Managed Care (Government).
• Revenue Streams: Medicaid and ACA (Obamacare) health plans. Focuses on under-insured and uninsured populations.
• Summary: The largest Medicaid managed care organization in the US, serving government-sponsored healthcare.

384. Tyler Technologies (TYL)

• Core Business: GovTech Software.
• Revenue Streams: Software for courts, schools, public safety, and tax billing for local governments.
• Summary: The dominant software provider for the public sector, digitizing courthouses and city halls.

385. Texas Pacific Land (TPL)

• Core Business: Land and Royalties.
• Revenue Streams: Collecting royalties from oil/gas drilled on its massive land holdings in the Permian Basin and selling water.
• Summary: One of the largest landowners in Texas, generating pure profit from the oil boom without drilling a well.

386. NiSource (NI)

• Core Business: Utility.
• Revenue Streams: Columbia Gas and electric services across 6 states.
• Summary: A regulated utility holding company focused on gas distribution and electric generation.

387. West Pharmaceutical Services (WST)

• Core Business: Medical Containment.
• Revenue Streams: Manufacturing stoppers, seals, and syringe components for injectable drugs.
• Summary: The hidden partner in the pharma industry; if you get a vaccine, the vial stopper was likely made by West.

388. Incyte (INCY)

• Core Business: Biopharmaceuticals.
• Revenue Streams: Jakafi (for rare blood cancers/bone marrow disorders) and dermatology treatments.
• Summary: A biotech company focused on finding solutions for serious unmet medical needs in oncology and inflammation.

389. Principal Financial Group (PFG)

• Core Business: Financial Services.
• Revenue Streams: Retirement plans (401k), asset management, and insurance, targeting SMBs.
• Summary: A global financial investment management leader, specializing in retirement services for small businesses.

390. Coterra (CTRA)

• Core Business: Oil & Gas E&P.
• Revenue Streams: Diversified production of oil (Permian) and natural gas (Marcellus).
• Summary: A balanced energy producer formed by the merger of Cabot Oil & Gas and Cimarex Energy.

391. Quest Diagnostics (DGX)

• Core Business: Clinical Laboratories.
• Revenue Streams: Diagnostic testing services for patients, hospitals, and employers.
• Summary: The world's leading provider of diagnostic information services, competing with LabCorp.

392. C.H. Robinson (CHRW)

• Core Business: Freight Brokerage (3PL).
• Revenue Streams: Matching shippers with carriers (trucks) and taking a fee. North America's largest freight broker.
• Summary: A supply chain giant that moves freight without owning trucks, leveraging a massive carrier network.

393. Amcor (AMCR)

• Core Business: Packaging.
• Revenue Streams: Flexible packaging for food, beverage, and pharma (e.g., wrappers, bottles).
• Summary: A global leader in developing and producing responsible packaging solutions.

394. Trimble Inc. (TRMB)

• Core Business: Industrial Technology (GPS).
• Revenue Streams: Hardware and software for positioning, modeling, and analytics in Agriculture, Construction, and Transport.
• Summary: Connecting the physical and digital worlds with precision technology for farms and construction sites.

395. Global Payments (GPN)

• Core Business: Payments Technology.
• Revenue Streams: Merchant acquiring and software-led payment solutions.
• Summary: A leading payments technology company delivering innovative software and services globally.

396. J.B. Hunt (JBHT)

• Core Business: Transportation Logistics.
• Revenue Streams: Intermodal (containers on rail) is the biggest segment, plus dedicated contract trucking.
• Summary: A logistics giant that pioneered the use of rail for moving truck trailers and containers.

397. Packaging Corporation of America (PKG)

• Core Business: Containerboard.
• Revenue Streams: Manufacturing corrugated boxes and containerboard.
• Summary: The third-largest producer of containerboard products in North America.

398. The Trade Desk (TTD)

• Core Business: AdTech (DSP).
• Revenue Streams: Platform fees for programmatic ad buying on the Open Internet (Connected TV, Audio, Web).
• Summary: The leading independent ad-buying platform, championing the open internet against "Walled Gardens" like Google.

399. McCormick & Company (MKC)

• Core Business: Flavor.
• Revenue Streams: Consumer spices/herbs (McCormick, Old Bay) and Flavor Solutions for food manufacturers/restaurants.
• Summary: The global leader in flavor, dominating the spice aisle in grocery stores worldwide.

400. Snap-on (SNA)

• Core Business: Professional Tools.
• Revenue Streams: Selling high-end tools and diagnostics to mechanics via franchised mobile vans.
• Summary: A premium tool brand with a unique direct-to-customer mobile franchise model.

401. Supermicro (SMCI)

• Core Business: High-Performance Servers.
• Revenue Streams: Manufacturing servers and storage systems, specifically optimized for AI and liquid cooling.
• Summary: A hardware manufacturer that became an AI darling by rapidly supplying servers for Nvidia chips.

402. Gartner (IT)

• Core Business: IT Research and Advisory.
• Revenue Streams: Subscriptions for research (e.g., Magic Quadrant) and consulting for C-suite executives.
• Summary: The oracle of the IT industry, guiding executives on technology decisions.

403. CDW (CDW)

• Core Business: IT Solutions Provider.
• Revenue Streams: Reselling hardware, software, and services to businesses, government, and education.
• Summary: The middleman of the tech world, helping organizations navigate complex IT procurement.

404. Zimmer Biomet (ZBH)

• Core Business: Orthopedics.
• Revenue Streams: Knee and hip replacement implants and surgical robots (ROSA).
• Summary: A global leader in musculoskeletal healthcare, helping people alleviate pain and improve mobility.

405. Fortive (FTV)

• Core Business: Industrial Technology.
• Revenue Streams: Precision technologies (Fluke), intelligent operating solutions, and healthcare tech.
• Summary: A diversified industrial growth company spun off from Danaher, known for its strong business system.

406. Albemarle (ALB)

• Core Business: Specialty Chemicals (Lithium).
• Revenue Streams: Lithium mining and conversion for EV batteries.
• Summary: The world's largest lithium provider, powering the electric vehicle revolution.

407. Qorvo (QRVO) (Assumed for 'Qnity Electronics')

• Core Business: RF Semiconductors.
• Revenue Streams: Radio Frequency chips for mobile devices (5G) and infrastructure.
• Summary: A key supplier of connectivity chips that enable wireless communication in phones and radars.

408. Genuine Parts Company (GPC)

• Core Business: Distribution.
• Revenue Streams: Automotive parts (NAPA) and Industrial parts (Motion).
• Summary: A global service organization engaged in the distribution of automotive and industrial replacement parts.

409. Lennox International (LII)

• Core Business: HVAC.
• Revenue Streams: Premium climate control systems for residential and commercial markets.
• Summary: A leader in energy-efficient climate control solutions.

410. Pentair (PNR)

• Core Business: Water Treatment.
• Revenue Streams: Pool equipment (pumps, filters) and water filtration systems.
• Summary: A water company making the most of its profit from keeping swimming pools clean and efficient.

411. DuPont (DD)

• Core Business: Specialty Products.
• Revenue Streams: Electronics, Water, and Protection materials (Kevlar, Tyvek).
• Summary: A premier multi-industrial company formed after years of mergers and spin-offs, focused on specialty materials.

412. International Flavors & Fragrances (IFF)

• Core Business: Ingredients (Scent & Taste).
• Revenue Streams: Creating flavors for food/beverages and fragrances for perfumes/detergents.
• Summary: The science behind the taste of your snack and the smell of your laundry detergent.

413. Bunge Global (BG)

• Core Business: Agribusiness.
• Revenue Streams: Processing oilseeds (Soy) and grains into oils and meals.
• Summary: A world leader in sourcing, processing, and supplying oilseed and grain products.

414. GoDaddy (GDDY)

• Core Business: Web Services.
• Revenue Streams: Domains, Hosting, and Website building tools for small businesses.
• Summary: The world's largest services platform for entrepreneurs to build their digital presence.

415. TKO Group Holdings (TKO)

• Core Business: Sports and Entertainment.
• Revenue Streams: Formed by the merger of UFC and WWE. Media rights, live events, and sponsorships.
• Summary: A premium sports and entertainment powerhouse dominating combat sports and wrestling.

416. Gen Digital (GEN)

• Core Business: Consumer Cyber Safety.
• Revenue Streams: Subscriptions for Norton, Avast, and LifeLock.
• Summary: A global leader dedicated to powering Digital Freedom through consumer cyber safety brands.

417. Weyerhaeuser (WY)

• Core Business: Timber REIT.
• Revenue Streams: Timberlands (growing trees), Real Estate, and Wood Products (Lumber).
• Summary: One of the world's largest private owners of timberlands.

418. Essex Property Trust (ESS)

• Core Business: Residential REIT.
• Revenue Streams: Apartments on the West Coast (California, Seattle).
• Summary: A landlord focused on supply-constrained markets with high technology employment.

419. Invitation Homes (INVH)

• Core Business: Single-Family Rental REIT.
• Revenue Streams: Renting out single-family homes in the Sunbelt and Western US.
• Summary: The nation's premier single-family home leasing company.

420. Alliant Energy (LNT)

• Core Business: Utility.
• Revenue Streams: Regulated electric and natural gas service in Iowa and Wisconsin.
• Summary: A Midwest energy company focused on delivering reliable and affordable energy.

421. Evergy (EVRG)

• Core Business: Electric Utility.
• Revenue Streams: Regulated energy generation and distribution in Kansas and Missouri.
• Summary: A pure-play Midwest utility delivering power to the heartland.

422. Aptiv (APTV)

• Core Business: Auto Tech & Architecture.
• Revenue Streams: Vehicle architecture (wiring harnesses) and advanced safety software/sensors (ADAS).
• Summary: The brain and nervous system of modern vehicles, enabling autonomous driving and electrification.

423. Hologic (HOLX)

• Core Business: Medical Technology (Women's Health).
• Revenue Streams: 3D Mammography systems, diagnostics for cervical cancer, and surgical products.
• Summary: A global champion for women's health, specializing in early detection and treatment.

424. Dow Inc. (DOW)

• Core Business: Materials Science (Chemicals).
• Revenue Streams: Plastics for packaging, industrial intermediates, and coatings.
• Summary: One of the world's largest chemical producers, spun off from the DowDuPont merger.

425. The Cooper Companies (COO)

• Core Business: Medical Devices.
• Revenue Streams: CooperVision (Contact lenses) and CooperSurgical (Fertility/Women's health).
• Summary: A leader in vision care and women's health solutions.

426. Mid-America Apartment Communities (MAA)

• Core Business: Residential REIT.
• Revenue Streams: Owning and operating apartments in the high-growth Sunbelt region.
• Summary: An apartment landlord focused on affordable, high-growth markets in the Southern US.

427. Jacobs Solutions (J)

• Core Business: Technical Professional Services.
• Revenue Streams: Consulting, engineering, and project management for infrastructure, water, and advanced manufacturing.
• Summary: A global engineering giant solving complex problems for governments and private clients.

428. Textron (TXT)

• Core Business: Aerospace and Defense.
• Revenue Streams: Cessna and Beechcraft aviation, Bell helicopters, and specialized vehicles.
• Summary: A multi-industry company best known for its business jets and military helicopters.

429 & 430. Fox Corporation (FOXA / FOX)

• Core Business: News and Sports Media.
• Revenue Streams: Advertising and carriage fees from Fox News, Fox Sports, and Tubi.
• Summary: The "New Fox" that remained after selling its entertainment assets to Disney, focused on live news and sports.

431. F5, Inc. (FFIV)

• Core Business: Multi-Cloud Application Security.
• Revenue Streams: Software and hardware for application delivery networking (load balancing) and security.
• Summary: Ensures applications are fast, available, and secure across any environment.

432. Deckers Brands (DECK)

• Core Business: Footwear and Apparel.
• Revenue Streams: UGG boots and HOKA running shoes (major growth driver).
• Summary: A footwear powerhouse that successfully manages a portfolio of high-growth niche brands.

433. Paramount Skydance Corp (PSKY)

• Note: Represents the merged entity of Paramount Global and Skydance (Ticker typically PARA).
• Core Business: Media and Entertainment.
• Revenue Streams: CBS TV Network, Paramount Pictures, and Paramount+ streaming.
• Summary: A legendary media conglomerate combining traditional TV/Film with a growing streaming service.

434. Erie Indemnity (ERIE)

• Core Business: Management Services.
• Revenue Streams: Management fees charged to the taxpayer-owned Erie Insurance Exchange.
• Summary: Manages the operations of the Erie Insurance Exchange without taking on the insurance risk itself.

435. Best Buy (BBY)

• Core Business: Consumer Electronics Retail.
• Revenue Streams: Selling electronics, appliances, and services (Geek Squad).
• Summary: The last remaining national specialty retailer for consumer electronics in the US.

436. Domino's (DPZ)

• Core Business: Pizza.
• Revenue Streams: Franchise royalties and supply chain revenue (selling dough/ingredients to franchisees).
• Summary: The world's largest pizza company, known for its digital innovation and delivery efficiency.

437. Universal Health Services (UHS)

• Core Business: Healthcare Services.
• Revenue Streams: Acute care hospitals and Behavioral Health facilities (Psychiatric hospitals).
• Summary: A hospital operator with a dominant position in the mental health services market.

438. Viatris (VTRS)

• Core Business: Pharmaceuticals.
• Revenue Streams: Generic drugs and iconic off-patent brands like Viagra, Lipitor, and EpiPen.
• Summary: Formed by the merger of Mylan and Pfizer's Upjohn, focusing on access to affordable medicine.

439. Everest Group (EG)

• Core Business: Reinsurance and Insurance.
• Revenue Streams: Property and casualty reinsurance and specialty insurance.
• Summary: A global underwriting leader providing capital protection to other insurance companies.

440. Ball Corporation (BALL)

• Core Business: Aluminum Packaging.
• Revenue Streams: Manufacturing aluminum cans for beverages and household products.
• Summary: The world's leading supplier of sustainable aluminum packaging for beverages.

441. Avery Dennison (AVY)

• Core Business: Materials Science (Labeling).
• Revenue Streams: Pressure-sensitive materials (labels) and RFID inlays for retail inventory tracking.
• Summary: The company that makes the sticky labels on almost every product and the RFID tags tracking them.

442. Solventum (SOLV)

• Core Business: Healthcare.
• Revenue Streams: Dental solutions, medical surgical supplies, and health information systems. Spun off from 3M.
• Summary: 3M's former healthcare business, now an independent company focused on medical solutions.

443. LyondellBasell (LYB)

• Core Business: Chemicals and Refining.
• Revenue Streams: Producing polyolefins (plastics) and licensing chemical technologies.
• Summary: One of the world's largest plastics, chemical, and refining companies.

444. Allegion (ALLE)

• Core Business: Security Products.
• Revenue Streams: Mechanical and electronic locks, door closers (Schlage, Von Duprin).
• Summary: A pure-play security company focused on keeping people safe where they live, work, and visit.

445. Kimco Realty (KIM)

• Core Business: Retail REIT.
• Revenue Streams: Rent from open-air, grocery-anchored shopping centers.
• Summary: North America's largest publicly traded owner of open-air shopping centers.

446. Huntington Ingalls Industries (HII)

• Core Business: Shipbuilding and Defense.
• Revenue Streams: Building nuclear-powered aircraft carriers and submarines for the US Navy.
• Summary: America's largest military shipbuilding company.

447. Nordson Corporation (NDSN)

• Core Business: Precision Technology.
• Revenue Streams: Equipment for precision dispensing of adhesives, coatings, and sealants.
• Summary: Their machines apply glue and coatings with extreme precision for manufacturing.

448. IDEX Corporation (IEX)

• Core Business: Applied Solutions.
• Revenue Streams: Specialized pumps, valves, and flow meters for critical applications (e.g., Jaws of Life).
• Summary: A manufacturer of highly engineered fluidics systems and components.

449. Jack Henry & Associates (JKHY)

• Core Business: Financial Technology.
• Revenue Streams: Core processing services and payment solutions for community banks and credit unions.
• Summary: The technology partner that allows small local banks to compete with national giants.

450. Masco (MAS)

• Core Business: Home Improvement.
• Revenue Streams: Behr paint and Delta faucets/shower fixtures.
• Summary: A global leader in the design and manufacture of home improvement and building products.

451. Hormel Foods (HRL)

• Core Business: Food Processing.
• Revenue Streams: SPAM, Skippy, Planters nuts, and Jennie-O Turkey.
• Summary: A protein-focused food company with a portfolio of iconic shelf-stable brands.

452. Wynn Resorts (WYNN)

• Core Business: Casino Resorts.
• Revenue Streams: Luxury hotels and casinos in Las Vegas, Macau, and Boston.
• Summary: The premier designer and operator of integrated luxury resorts.

453. Regency Centers (REG)

• Core Business: Retail REIT.
• Revenue Streams: Owning shopping centers anchored by top grocers (e.g., Whole Foods, Kroger).
• Summary: A landlord focused on necessity-based retail properties that generate stable foot traffic.

454. Akamai Technologies (AKAM)

• Core Business: Cloud Services (CDN).
• Revenue Streams: Content Delivery Network (speeding up web traffic) and cloud security solutions.
• Summary: The edge platform that powers and protects life online; much of the world's web traffic flows through them.

455. Host Hotels & Resorts (HST)

• Core Business: Lodging REIT.
• Revenue Streams: Owning luxury and upper-upscale hotels managed by brands like Marriott and Hyatt.
• Summary: The world's largest lodging REIT, owning the actual buildings of high-end hotels.

456. Franklin Resources (BEN)

• Core Business: Asset Management.
• Revenue Streams: Investment management fees under the Franklin Templeton brand.
• Summary: A global investment organization offering a wide range of asset classes.

457. Zebra Technologies (ZBRA)

• Core Business: Enterprise Asset Intelligence.
• Revenue Streams: Barcode scanners, mobile computers, and RFID printers used in logistics and retail.
• Summary: Provides the digital eyes and ears for warehouses and retail stores to track inventory.

458. Moderna (MRNA)

• Core Business: Biotechnology (mRNA).
• Revenue Streams: COVID-19 vaccines and developing therapeutics using messenger RNA.
• Summary: A biotech pioneer that proved the potential of mRNA technology with its COVID vaccine.

459. Brown–Forman (BF.B)

• Core Business: Spirits.
• Revenue Streams: Jack Daniel's Tennessee Whiskey, Woodford Reserve, and tequila brands.
• Summary: One of the largest American-owned spirits and wine companies.

460. CF Industries (CF)

• Core Business: Fertilizer.
• Revenue Streams: Manufacturing hydrogen and nitrogen products (Ammonia/Urea) for agriculture.
• Summary: A leading global manufacturer of nitrogen fertilizers, essential for feeding crops.

461. UDR, Inc. (UDR)

• Core Business: Residential REIT.
• Revenue Streams: Operating luxury apartment communities in desirable US markets.
• Summary: A diversified multifamily REIT with a mix of urban and suburban properties.

462. Assurant (AIZ)

• Core Business: Global Lifestyle Insurance.
• Revenue Streams: Mobile device protection (phone insurance), extended service contracts, and renter's insurance.
• Summary: The company behind the protection plans for your smartphone and appliances.

463. Clorox (CLX)

• Core Business: Consumer Staples.
• Revenue Streams: Clorox bleach, Burt's Bees, Brita filters, and Glad bags.
• Summary: A health and wellness company with a portfolio of trusted cleaning and household brands.

464. Invesco (IVZ)

• Core Business: Asset Management.
• Revenue Streams: Investment management fees. Famous for the QQQ (Nasdaq 100) ETF.
• Summary: An independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.

465. EPAM Systems (EPAM)

• Core Business: Digital Engineering Services.
• Revenue Streams: Product development and software engineering services for global clients.
• Summary: A leading global provider of digital platform engineering and software development services.

466. Stanley Black & Decker (SWK)

• Core Business: Tools and Outdoor.
• Revenue Streams: DeWalt, Craftsman, and Black+Decker tools.
• Summary: The world's largest tool company, outfitting pros and DIYers alike.

467. Camden Property Trust (CPT)

• Core Business: Residential REIT.
• Revenue Streams: Developing and operating multifamily apartments in the Sunbelt.
• Summary: A high-quality apartment REIT focused on high-growth markets.

468. Hasbro (HAS)

• Core Business: Toys and Games.
• Revenue Streams: Magic: The Gathering, Dungeons & Dragons, and toy brands like Transformers and Peppa Pig.
• Summary: A global play and entertainment company, with its gaming division (Wizards of the Coast) being a major profit driver.

469. Builders FirstSource (BLDR)

• Core Business: Building Materials.
• Revenue Streams: Manufacturing and supplying structural building products (trusses, lumber) to homebuilders.
• Summary: The nation's largest supplier of structural building products to the professional market.

470. Align Technology (ALGN)

• Core Business: Medical Devices (Dental).
• Revenue Streams: Invisalign clear aligners and iTero intraoral scanners.
• Summary: Transformed orthodontics with clear aligners, moving the industry away from metal braces.

471. Globe Life (GL)

• Core Business: Life and Health Insurance.
• Revenue Streams: Direct-to-consumer insurance policies targeting lower-middle-income families.
• Summary: Provides affordable life insurance protection without the need for medical exams or agents.

472. Healthpeak Properties (DOC)

• Core Business: Healthcare REIT.
• Revenue Streams: Rent from life science labs, outpatient medical buildings, and CCRC (Retirement communities).
• Summary: Owns the real estate infrastructure where healthcare discovery and delivery happen.

473. Dayforce (DAY)

• Core Business: Human Capital Management (HCM).
• Revenue Streams: Cloud software for payroll, benefits, and workforce management (formerly Ceridian).
• Summary: Known for its "Dayforce Wallet" which allows employees to get paid as soon as they finish a shift.

474. BXP, Inc. (BXP)

• Core Business: Office REIT.
• Revenue Streams: Owning Class A office properties in gateway cities like NYC, Boston, and San Francisco.
• Summary: The largest publicly traded developer and owner of Class A office properties in the United States.

475. Revvity (RVTY)

• Core Business: Health Science Solutions.
• Revenue Streams: Diagnostics, life science research reagents, and automation (formerly PerkinElmer).
• Summary: A science company providing the instruments and tests to cure diseases and ensure healthier lives.

476. FactSet (FDS)

• Core Business: Financial Data and Software.
• Revenue Streams: Subscriptions to its financial data workstation used by investment professionals.
• Summary: A key competitor to Bloomberg, providing data and analytics to Wall Street.

477. J.M. Smucker Company (The) (SJM)

• Core Business: Packaged Food.
• Revenue Streams: Jif peanut butter, Smucker's jam, Folgers coffee, and pet food (Meow Mix, Milk-Bone).
• Summary: A family favorite food company dominating breakfast tables and pet bowls.

478. Pinnacle West (PNW)

• Core Business: Electric Utility.
• Revenue Streams: Parent of Arizona Public Service (APS), supplying power to Arizona.
• Summary: The primary electricity provider for the growing and heat-intensive state of Arizona.

479. Norwegian Cruise Line Holdings (NCLH)

• Core Business: Cruise Line.
• Revenue Streams: Ticket sales and onboard revenue from Norwegian, Oceania, and Regent Seven Seas brands.
• Summary: The third-largest cruise operator, pioneering "Freestyle Cruising" for a more relaxed experience.

480. MGM Resorts (MGM)

• Core Business: Casinos and Hospitality.
• Revenue Streams: Gaming, hotel, and entertainment revenue from the Las Vegas Strip (Bellagio) and BetMGM (Online).
• Summary: A global entertainment brand operating some of the most famous casinos in Las Vegas and Macau.

481. Charles River Laboratories (CRL)

• Core Business: Contract Research Organization (CRO).
• Revenue Streams: Providing lab models (mice/rats) and safety testing services for drug development.
• Summary: An essential partner in the drug discovery process, accelerating research from lab to clinic.

482. AES Corporation (AES)

• Core Business: Global Power Generation.
• Revenue Streams: Selling electricity from a diverse portfolio of renewables and thermal plants worldwide.
• Summary: A global energy company aggressively transitioning its portfolio toward renewable energy and storage.

483. Baxter International (BAX)

• Core Business: Medical Products.
• Revenue Streams: Renal care (Dialysis), medication delivery (IV bags), and advanced surgery products.
• Summary: A critical supplier of life-saving hospital products, especially for kidney disease.

484 & 503. News Corp (NWSA / NWS)

• Core Business: Media and Information Services.
• Revenue Streams: The Wall Street Journal, HarperCollins (Books), and Digital Real Estate (Realtor.com).
• Summary: Rupert Murdoch's news and publishing empire, distinct from the entertainment-focused Fox Corp.

485. Skyworks Solutions (SWKS)

• Core Business: RF Semiconductors.
• Revenue Streams: Chips that enable wireless connectivity in smartphones (Apple is a huge client) and IoT.
• Summary: Connects people and things; if your phone has a signal, a Skyworks chip likely helped find it.

486. A. O. Smith (AOS)

• Core Business: Water Technology.
• Revenue Streams: Manufacturing residential and commercial water heaters and boilers.
• Summary: The dominant name in water heating, with a strong presence in North America and China.

487. Bio-Techne (TECH)

• Core Business: Biotechnology.
• Revenue Streams: Selling proteins, antibodies, and assays used in biological research and diagnostics.
• Summary: Provides the "picks and shovels" (reagents and tools) for life science researchers.

488. Molson Coors Beverage Company (TAP)

• Core Business: Brewing.
• Revenue Streams: Coors Light, Miller Lite, and Blue Moon beer sales.
• Summary: One of the world's largest brewers, holding the portfolio of iconic American lager brands.

489. Henry Schein (HSIC)

• Core Business: Healthcare Distribution.
• Revenue Streams: Distributing supplies and equipment to dental and medical practitioners.
• Summary: The world's largest provider of healthcare products and services to office-based dental and medical practitioners.

490. Federal Realty Investment Trust (FRT)

• Core Business: Retail REIT.
• Revenue Streams: Rent from high-quality, mixed-use retail properties in wealthy suburbs.
• Summary: A "Dividend King" REIT that owns premium shopping districts rather than generic malls.

491. Paycom (PAYC)

• Core Business: HR Technology.
• Revenue Streams: Online payroll and HR software where employees manage their own data.
• Summary: A digital HR pioneer that simplified payroll by letting employees do it themselves via an app.

492. Pool Corporation (POOL)

• Core Business: Wholesale Distribution.
• Revenue Streams: Selling swimming pool supplies, chemicals, and equipment to contractors and retailers.
• Summary: The world's largest wholesale distributor of swimming pool supplies.

493. APA Corporation (APA)

• Core Business: Oil & Gas E&P.
• Revenue Streams: Producing oil and gas in the US (Permian), Egypt, and the North Sea.
• Summary: An independent energy company making headlines with massive offshore discoveries in Suriname.

494. Molina Healthcare (MOH)

• Core Business: Managed Care.
• Revenue Streams: Administering government-sponsored health programs like Medicaid and Medicare.
• Summary: Focuses exclusively on government-sponsored healthcare for low-income families and individuals.

495. Alexandria Real Estate Equities (ARE)

• Core Business: Life Science REIT.
• Revenue Streams: Renting collaborative science campuses to pharma and biotech companies.
• Summary: The landlord for the life science industry, owning labs in top innovation clusters like Boston.

496. Campbell Soup Company (CPB)

• Core Business: Food and Snacks.
• Revenue Streams: Campbell's Soup, Prego, and snacks like Goldfish and Snyder's of Hanover.
• Summary: An iconic food company that has successfully diversified from soup into salty snacks.

497. Generac (GNRC)

• Core Business: Power Technology.
• Revenue Streams: Home standby generators (dominant market leader) and energy storage systems.
• Summary: The brand homeowners turn to when the power grid fails; synonymous with backup power.

498. Conagra Brands (CAG)

• Core Business: Packaged Food.
• Revenue Streams: Frozen foods (Birds Eye, Healthy Choice) and snacks (Slim Jim).
• Summary: One of North America's leading food companies, filling pantries and freezers with familiar brands.

499. DaVita (DVA)

• Core Business: Dialysis Services.
• Revenue Streams: Providing kidney dialysis services for patients with chronic kidney failure.
• Summary: A leading provider of kidney care, backed heavily by Warren Buffett's Berkshire Hathaway.

500. Mosaic Company (The) (MOS)

• Core Business: Fertilizer.
• Revenue Streams: Mining and processing Potash and Phosphate crop nutrients.
• Summary: Helps the world grow the food it needs by producing essential crop fertilizers.

501. Match Group (MTCH)

• Core Business: Online Dating.
• Revenue Streams: Subscriptions and in-app purchases across Tinder, Hinge, and Match.com.
• Summary: The undisputed king of the dating app world, owning almost every major dating platform.

502. Lamb Weston (LW)

• Core Business: Frozen Potato Products.
• Revenue Streams: Selling french fries and potato products to restaurants (like McDonald's) and retailers.
• Summary: One of the world's largest producers of frozen french fries.

503. News Corp (Class B) (NWS)

• Note: Same company as #484 (NWSA). Class B shares have voting rights.

29 Dec 2025