Where investors can find the key to long-term growth

Professional investor David Older of Carmignac highlights three promising companies with large and expanding markets for their products, and a profitable outlook.

Today’s low-growth macroeconomic environment makes it very hard for investors to find growth companies with a profitable outlook. Our approach consists of identifying trends disrupting traditional business models in order to find promising secular, or long-term, growers. We thus develop a multi-thematic portfolio invested across sectors and geographies.

We seek out companies with large and expanding markets for their products and services and an opportunity to penetrate those markets. We are very conscious, however, that most of the available information is already encapsulated in the stock price. We therefore try to develop a view that diverges from the consensus.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

David Older, Carmignac Gestion.