NVDA, MSFT, MA & V - The potential of these companies to continue growing
Here's a quick look at the valuations of the companies in my portfolio.
While a fair number are seemingly more expensive than the $.SPX(.SPX)$ , the potential of these companies to continue growing their FCF at above market rates remains.
$Applied Materials(AMAT)$ $Visa(V)$ $Fortinet(FTNT)$ $MasterCard(MA)$ $KLA-Tencor(KLAC)$ $Novo-Nordisk A/S(NVO)$ $MSCI Inc(MSCI)$ $Microsoft(MSFT)$ $Fair Isaac(FICO)$ $NVIDIA Corp(NVDA)$ $Cadence Design(CDNS)$
The companies on this list with high SBC are Cadence and FICO. So I just bear that in mind when looking at the FCF yield.
It's a possibility, as is above average free cash flow growth. You have to balance both. It's currently 8% for the S&P 500. I think these companies can beat that.
I think all the companies on the list are undervalued, hence owning them.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.