SLP Alpha

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  • S&P Global Inc. (SPGI)

    S&P Global stands out as a premier infrastructure provider in global finance, delivering essential credit ratings, market data, and benchmarks that are deeply embedded in the operations of banks, asset managers, and corporations worldwide. The company’s business model is built on highly recurring revenues from ratings, data subscriptions, and index licensing, supported by strong pricing power and high customer retention. Its entrenched position is protected by regulatory requirements, a trusted brand, and massive switching costs, creating a durable competitive moat. Financially, S&P Global boasts industry-leading operating margins (around 40%), robust free cash flow, and consistent double-digit EPS growth. With the stock currently trading below its historical valuation averages, S&P Global offers investors a rare combination of stability, profitability, and long-term compounding potential—making it an attractive buy for those seeking exposure to the backbone of modern financial markets.

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  • Daimler Truck (DTG)

    Daimler Truck, the world’s largest commercial vehicle manufacturer, generated €54.1 billion in sales in 2024. The company’s competitive advantages include proprietary technology, an extensive dealer network, and a robust finance arm. Despite leading market positions, Daimler Truck faces cyclical headwinds, especially in North America, where freight demand and regulatory uncertainty have weighed on orders. For 2025, revenue is expected to decline to €44–47 billion, but management anticipates stabilization and modest improvement in 2026. After the guidance downgrade, the stock corrected by approximately 20%, offering an entry opportunity with upside potential of 15–20%. Further upside can be gained if cyclical headwinds turn into tailwinds

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