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Duke Energy Corporation (DUK): Regulated infrastructure scale with improving cash generation profile
Utilities

Duke Energy Corporation (DUK): Regulated infrastructure scale with improving cash generation profile

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Simon Property Group, Inc. (SPG): High cash generation supporting redevelopment-focused investment posture
Real Estate

Simon Property Group, Inc. (SPG): High cash generation supporting redevelopment-focused investment posture

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Freeport-McMoRan Inc. (FCX): Rising cash generation with improving capital productivity profile
Basic Materials

Freeport-McMoRan Inc. (FCX): Rising cash generation with improving capital productivity profile

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Visa Inc. (V): Scale payments platform with high cash conversion
Financial Services

Visa Inc. (V): Scale payments platform with high cash conversion

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ConocoPhillips (COP): Cash generation resilience amid margin and return compression
Energy

ConocoPhillips (COP): Cash generation resilience amid margin and return compression

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Chevron Corporation (CVX): Cash generation under pressure amid rising capital intensity
Energy

Chevron Corporation (CVX): Cash generation under pressure amid rising capital intensity

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Merck & Co., Inc. (MRK): Margin recovery and cash generation reshape return profile
Healthcare

Merck & Co., Inc. (MRK): Margin recovery and cash generation reshape return profile

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McDonald's Corporation (MCD): Stable cash generation with elevated investment outflows
Consumer Cyclical

McDonald's Corporation (MCD): Stable cash generation with elevated investment outflows

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AbbVie Inc. (ABBV): Heavy R&D investment reshapes cash generation and margins
Healthcare

AbbVie Inc. (ABBV): Heavy R&D investment reshapes cash generation and margins

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The Williams Companies, Inc. (WMB): Cash generation supporting elevated acquisition-driven reinvestment
Energy

The Williams Companies, Inc. (WMB): Cash generation supporting elevated acquisition-driven reinvestment

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Caterpillar Inc. (CAT): Margin expansion and returns resilience amid softer revenue
Industrials

Caterpillar Inc. (CAT): Margin expansion and returns resilience amid softer revenue

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Berkshire Hathaway Inc. (BRK-B): Earnings stability with reduced cash conversion efficiency
Financial Services

Berkshire Hathaway Inc. (BRK-B): Earnings stability with reduced cash conversion efficiency

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