Jefferies‘ Global Best Ideas List: Refreshing Themes & Picks Across Regions

Research evidence excerpt

Jefferies‘ Global Best Ideas List: Refreshing Themes & Picks Across Regions

USA | Thematic Research EquityJulyResearch20, 2026

Jefferies' Global Best Ideas List: Refreshing

Themes & Picks Across Regions

Jefferies' Global Best Ideas list represents our highest-conviction, Buy-rated

stocks across our Global Research Platform. These 24 top ideas are supported

by differentiated analysis, bolstered by catalysts and sit at valuation levels

that suggest upside. Themes include: Secular Innovation & Capex, Structural .

Change and Product Cycles & Pricing Power.

We're out with an update to our Global Best Ideas list, spanning the US, LatAm, Europe, MENA, Asia

and Australia regions, and note the alignment of these stocks with key investment themes.

Secular Innovation & Capex — As the debate on innovation shifts from speculation to tangible

benefits (e.g. revenue & cost synergies, product development), we identify companies whose

products and infrastructure are likely to play a key role across multiple industries. Our picks in this

space are: Amazon, BBVA, Caterpillar, Goodman Group, Infratil, Nu Holdings, Uber and VNET.

Structural Change — We believe businesses in need of change and pursuing self-help represent

attractive opportunities, especially when these companies have already delineated plans or initiated

mgmt. transitions. We expect execution of successful operational improvement & transformation

plans should re-rate shares at or above peer levels. Our picks are: AstraZeneca, Bank of America,

Bajaj Finance, CAR Group, Glencore, Harmonic Drive Systems, Insilico Medicine and Thermo Fisher.

Product Cycles & Pricing Power — These companies represent market leaders in their respective

spaces.