Cicor Technologies
Cicor is a well positioned, disciplined consolidator in structurally growing, regulated niches with real moats and a healthy balance sheet. It is not a deep-value bargain but a quality bet on execution.
Topic
technology
A collection of 5 issues
Zoom Communications
Zoom represents a compelling Value/Growth at a Reasonable Price (GARP) opportunity. It provides investors exposure to practical AI application deployment with significant downside protection afforded by its massive cash reserves and buyback activity.
Murata Manufacturing
Murata Manufacturing is a high-quality, wide-moat compounder trading at a cyclical inflection point, offering investors exposure to the secular megatrends of AI and vehicle electrification through the indispensable hardware that enables them.
Roper Technologies
Roper is a defensive, high-margin serial acquirer that offers the stability of an industrial blue-chip with the superior unit economics of a vertical software portfolio, currently trading at a valuation that demands consistent organic acceleration and disciplined capital deployment.
ASM International
ASM International is an enabler for the next decade of chip manufacturing, with its monopoly-like position in ALD technology and high returns on capital. At the same time, however, the company is highly dependent on the CapEx cycles of large foundries.