These 17 stocks have the highest exposure to emerging markets

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Shanghai, China
source
dibrova/Shutterstock

HSBC released its list of US stocks with the highest exposure to emerging markets.

The companies on the list have an average exposure of 65% of total revenues and the entire list has outperformed the broader US market by 20%. Much of that performance is driven by the fact that many of these stocks are from the IT sector.

The list includes many semiconductor companies such as Texas Instruments and Qualcomm, along with companies from the consumer services, utilities, and software sectors.

Here is HSBC’s US stocks with the highest exposure to emerging markets.


Las Vegas Sands

source
Reuters

Ticker: LVS

Industry Group: Consumer services

Emerging Market %: 58

Domestic Market %: 42

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Philip Morris International

Ticker: PM

Industry Group: Food, beverage, and tobacco

Emerging Market %: 59

Domestic Market %: 31

Miscellaneous %: 11

Source: MSCI, Thomson Reuters Datastream, HSBC


Microchip Technology Inc.

Ticker: MCHP

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 59

Domestic Market %: 41

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Texas Instruments

Ticker: TXN

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 60

Domestic Market %: 38

Miscellaneous %: 2

Source: MSCI, Thomson Reuters Datastream, HSBC


KLA-Tencor

source
Getty Images

Ticker: KLAC

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 62

Domestic Market %: 38

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Wynn Resorts

source
Reuters

Ticker: WYNN

Industry Group: Consumer services

Emerging Market %: 64

Domestic Market %: 36

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Flextronics International

source
Reuters

Ticker: FLEX

Industry Group: Technology hardware and equipment

Emerging Market %: 66

Domestic Market %: 11

Miscellaneous %: 22

Source: MSCI, Thomson Reuters Datastream, HSBC


Micron Technology

Ticker: MU

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 68

Domestic Market %: 30

Miscellaneous %: 2

Source: MSCI, Thomson Reuters Datastream, HSBC


Maxim Integrated

source
Markets Insider

Ticker: MXIM

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 69

Domestic Market %: 28

Miscellaneous %: 3

Source: MSCI, Thomson Reuters Datastream, HSBC


AES

Ticker: AES

Industry Group: Utilities

Emerging Market %: 69

Domestic Market %: 31

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


NVIDIA

caption
NVIDIA co-founder and CEO Jensen Huang
source
NVIDIA/Youtube

Ticker: NVIDIA

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 70

Domestic Market %: 23

Miscellaneous %: 7

Source: MSCI, Thomson Reuters Datastream, HSBC


Lam Research

source
Markets Insider

Ticker: LRCX

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 71

Domestic Market %: 29

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Applied Materials

source
Reuters

Ticker: AMAT

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 72

Domestic Market %: 28

Miscellaneous %: 0

Source: MSCI, Thomson Reuters Datastream, HSBC


Marvell Technology Group

source
Reuters

Ticker: MRVL

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 83

Domestic Market %: 2

Miscellaneous %: 15

Source: MSCI, Thomson Reuters Datastream, HSBC


Qualcomm

Ticker: QCOM

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 86

Domestic Market %: 2

Miscellaneous %: 12

Source: MSCI, Thomson Reuters Datastream, HSBC


Skyworks Solutions

source
Markets Insider

Ticker: SWKS

Industry Group:Semiconductors and semiconductor equipment

Emerging Market %: 88

Domestic Market %: 2

Miscellaneous %: 10

Source: MSCI, Thomson Reuters Datastream, HSBC


MercadoLibre

caption
Stelleo Tolda, Chief Operating Officer of MercadoLibre
source
Reuters

Ticker: MELI

Industry Group: Software and services

Emerging Market %: 95

Domestic Market %: 0

Miscellaneous %: 5

Source: MSCI, Thomson Reuters Datastream, HSBC


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