Bristol-Myers Squibb Co discovers, develops, and markets drugs for various indications, such as cardiovascular, oncology, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is leading in drug development. Unlike some of its more diversified peers, Bristol has exited several nonpharmaceutical businesses to focus on branded specialty drugs.
Check Point Software Technologies is a pureplay cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. At the end of 2017, 47% of its revenue was from the Americas, 36% from Europe, and 17% from Asia-Pacific, Middle East, and Africa. The Tel Aviv, Israel based firm was founded in 1993 and has about 5,000 employees.
Gilead Sciences develops and markets therapies to treat life-threatening infectious diseases, with the core of its portfolio focused on HIV and hepatitis B and C. The acquisitions of Corus Pharma, Myogen, CV Therapeutics, Arresto Biosciences, and Calistoga have broadened this focus to include pulmonary and cardiovascular diseases and cancer. Gilead's acquisition of Pharmasset brought rights to hepatitis C drug Sovaldi, which is also part of combination drug Harvoni, and the Kite acquisition boosted Gilead's exposure to cell therapy in oncology.
Honeywell traces its roots to inventor Albert Butz's company, the Butz-Thermo Electric Regulator Company in 1885, which produced a predecessor to the modern thermostat. From its origins developing climate control technology, which still operates today, Honeywell has emerged as a sprawling conglomerate with operations that span the globe. Today, Honeywell operates through four business segments - Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions - increasingly transforming itself into a software-industrial company serving diverse end markets like the U.S. defense, e-commerce, and oil & gas industries.
Kinder Morgan is one of the largest midstream energy firm in North America, with more than 70,000 miles of gas pipelines making up its largest business segment. The company is active in the transportation, storage and processing of natural gas, crude oil, refined products, and carbon dioxide and is the largest handler of ethanol in the country. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil-fuel products.
McDonald's generates revenue through company-owned restaurants, franchise royalties, and licensing pacts. Restaurants offer a uniform value-priced menu with some regional variations. As of December 2018, there were roughly 37,900 locations in 120 countries: 35,100 franchisee/affiliate units and 2,800 company units. After reorganizing the company into segments based on the maturity and competitive position of its different markets, refranchising 4,000 locations, and eliminating $500 million in net annual SG&A expenses the past several years, the company is focused on "velocity growth accelerators" such as Experience of the Future layout (counter, kiosk, web ordering and table service/curbside delivery), mobile ordering and payments, and delivery alternatives.
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for about 45% of the company's total sales.
Mallinckrodt PLC is a specialty pharmaceutical company that was spun off from Covidien and historically focused on pain therapeutics. After recently moving its generics business into discontinued operations, Mallinckrodt now focuses entirely on branded drugs following the sale of its nuclear imaging business in 2016. Mallinckrodt's products now span a number of therapeutic areas, but a significant portion focus on hospital and clinical customers.
Fort Worth-based Range Resources is an independent exploration and production company with operations throughout the southern, central, and northeastern United States, where its focus includes the Marcellus Shale in Pennsylvania and Terryville Field in Louisiana. At year-end 2018, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.2 billion cubic feet equivalent per day. Natural gas represented 68% of production and 67% of proved reserves.
Snap-on manufactures and sells tools, equipment, diagnostics, repair information, and systems solutions primarily for independent vehicle repair centers but also for new vehicle dealerships, as well as industrial, government, agriculture, aviation, and natural resources customers. The company has more than 65,000 SKUs in its product line. Snap-on's franchisees operate about 3,500 vans in the United States, providing weekly contact with vehicle service technicians and shop owners. A little more than two thirds of Snap-on's revenue is domestic, while the remainder is derived from Europe and other regions.
United Rentals Inc is an equipment rental company operating in the United States of America and Canada. The company offers rentals of aerial work platforms, earth-moving equipment, forklifts, light towers and generators, plumbing equipment, pumps, power tools, trucks and trailers, and welders. It has two segments namely general rentals and trench, power and fluid solutions. The company generates majority of its revenue from renting equipment.
Blackstone Group LP is an alternative asset manager with more than $350 billion in assets under management. The company is organized into four segments: Real Estate, Private Equity, Hedge Fund Solutions, and Credit. It generates maximum revenue from the Real Estate segment.
Canopy Growth Corp through its subsidiaries is the licensed producer of medical marijuana in Canada. The company grows, produces and sells medical marijuana. It operates diverse brands and variety supported by over half million square feet of indoor and greenhouse marijuana production. It sells medical marijuana under various brand names including Tweed, Bedrocan, and Mettrum. A majority of the revenue is derived from the sale of medical marijuana by Tweed and Bedrocan in Canada.
Tableau Software develops and sells software that enables customers to visualize and analyze data through a single, easy-to-use platform, primarily delivered as an on-premises solution. The company reports revenue in two business segments, with license contributing roughly half of total revenue while maintenance and services makes up the remaining half. The firm derives roughly 70% of its sales from the United States, with the remainder coming from international markets.
Gulfport Energy is an independent exploration and production company concentrating on the Utica Shale play in Appalachia. At the end of 2018, the company reported proved reserves of 4,743 billion cubic feet of natural gas equivalent. Daily production averaged approximately 1,392 million cubic feet of natural gas equivalent in 2018 at a ratio of 10% liquids and 90% natural gas.
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Sands Cotai Central Londoner, Four Seasons Hotel Macao, and Parisian in Macau, the Marina Bay Sands resort in Singapore, and the Venetian and Palazzo Las Vegas in the U.S. We estimate Sands will open a Japanese resort in 2025. The company generates 90% of its EBITDA from Asia, and its casino operations generate 70% of revenue.
Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm's solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm's revenue is generated in the United States.
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girls' shoes, boys' shoes, performance shoes and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques and internet retailers. Geographic areas in which its products are sold include United States, Canada, Other International that comprise of Asia, Central America, Europe, North America, and South America. Income is derived from the sale of footwear and royalties earned from licensing the Skechers brand.
Founded in 2009, Square provides payment acquiring services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. Square has operations in Canada, Japan, Australia, and the United Kingdom; about 5% of revenue is generated outside the U.S.
StoneCo Ltd is a provider of financial technology solutions. The company offers solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil.
Atlassian Corporation PLC is a holding company engaged in the designing, developing, licensing and maintaining of software and the provisioning of software hosting services to help teams organize, discuss and complete their work. Its products include JIRA for team planning and project management, Confluence for team content creation and sharing, HipChat for team messaging and communications, Bitbucket for team code sharing and management and JIRA Service Desk for team services and support applications. The company's products are used by NASA to design the Mars Rover, by Cochlear to develop aural implants. Atlassian has customers based worldwide.
Tellurian Inc is a US-based independent oil and gas exploration and production company. It focuses on building a natural gas business that includes 26 mtpa productions from Driftwood LNG, trading of LNG cargoes, and development of new markets globally. The company's strategy is to secure low-cost natural gas; design and construct low-cost liquefaction; and deliver reliable and flexible LNG to a portfolio of global customers. Geographically, business activity of the group is mentioned through the region of UK and Australia.