Investment Themes

Millennials

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Investment Themes

Millennials, also known as Generation Y or digital natives, are people born between the early 1980s and the late 1990s (to be more exact, Generation Y spans from 1984 to 1996 according to the Harvard Business Review). They are the successors of generation X and precede generation Z.

The expression "generation" should always be taken with a pinch of salt because it does not correspond to a homogeneous class of individuals with the same consumption patterns, the same passions and the same desires. We are trying to define general trends here. They were born during the Internet's infancy, played Tekken 3 on Playstation 1, experienced the dislocation of the USSR, the release of Michael Jackson's album History and the movie Forrest Gump in 1994. It is an ultra-connected generation, rocked by the pop-culture of the 90s. 98% of digital natives in developed countries use their mobile to go online at least once a day. Moreover, their purchases are mainly made on the web. Half of the active population in the world are from this generation. Because of their numbers and their voice on social networks, millennials are forcing brands to reinvent themselves. Knowing their mindset, their expectations and their behavior is essential for companies in order to survive over time, but also for investors who want to keep up with consumer trends. With most of their business years ahead of them, companies that cater to millennials should be better positioned to benefit from their growing purchasing power than their peers. But there's more to these new generations than just their skills in front of a screen. They have different tastes, habits and worldviews that influence their economic behavior and, in particular, the way they consume. Millennials are looking for meaning in a complex world. They want to consume better, seek pleasure, value authenticity and transparency, and attach more importance to novelty. Meaningful, committed brands with distinct personalities and positioning have the advantage. They are also more defiant of speeches and more discerning in their consumption. The companies in this thematic list span a wide range of industries and are expected to generate significant revenue in entertainment, social networking, health, fitness, fashion, food and beverage, travel, leisure, housing and household goods, and next-generation financial services. These companies were selected based on their industry, the percentage of their revenue generated by Generation Y, and the appeal of their favorite brands to digital natives.

Our selection

Technology
Other Semiconductors
4,024B +22.81%
Consumer Cyclical
Electric (Alternative) Vehicles
8.75B -10.55%
Technology
Internet Gaming
5.68B +18.61%
Technology
Financial Technology (Fintech) (NEC)
86.78B +163.93%
Consumer Cyclical
Internet & Mail Order Department Stores
2,389B +2.57%
Technology
Phones & Smart Phones
3,154B -15.68%
Technology
Search Engines
2,193B -4.81%
Industrials
Transaction & Payment Services
69.4B -16.39%
Technology
Other Internet Services
573B +19.90%
Technology
Other Phones & Handheld Devices
298B +17.67%
Technology
Other Software
3,741B +19.41%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
301B +12.22%
Industrials
Transaction & Payment Services
39.76B -23.36%
Technology
Other Internet Services
199B +58.14%
Technology
Other Household Electronics
147B +6.53%
Technology
Social Media & Networking
1,804B +22.54%
Technology
Other Internet Services
6.27B +15.58%
Technology
E-commerce & Auction Services
242B +25.86%
Consumer Cyclical
Quick Service Restaurants
75.45B -7.13%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
45.49B +4.27%
Consumer Cyclical
Internet & Mail Order Department Stores
44.83B -10.30%
Consumer Cyclical
Other Broadcasting
215B +7.65%
Industrials
Transaction & Payment Services
91.77B -19.42%
Consumer Non-Cyclical
Energy Drinks
57.37B +11.93%
Consumer Cyclical
Travel Agents
2.13B +21.87%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
11.63B +71.18%
Technology
Other Internet Services
23.97B +22.14%
Technology
Other Internet Services
530B +39.69%
Consumer Cyclical
Internet & Mail Order Department Stores
7.33B +28.81%
Technology
E-commerce & Auction Services
35.54B +24.47%
Technology
Application Software
154B -18.29%
Consumer Cyclical
Other Apparel & Accessories Retailers
20.44B +50.67%
Consumer Cyclical
Games, Toys & Children Vehicles
100B +34.82%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
368B -4.86%
Consumer Cyclical
Used Car Dealers
9.66B -21.31%
Technology
Other Software
87.77B +39.74%
Technology
Other Internet Services
83.54B +3.00%
Consumer Cyclical
Women's Apparel Retailers
1.53B -53.79%
Consumer Cyclical
Entertainment Production Equipment & Services
13.05B +19.71%
Consumer Cyclical
Other Apparel & Accessories Retailers
42.9B -13.29%
Technology
Enterprise Software
195B -11.45%
Financials
Other Consumer Lending
1.45B -21.56%
Consumer Cyclical
Used Car Dealers
46.4B +69.00%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
126B -9.19%
Consumer Cyclical
Quick Service Restaurants
41.64B +11.65%
Consumer Cyclical
Other Apparel & Accessories
28.31B -38.15%
Financials
Personal & Car Loans
7.01B +21.14%
Consumer Cyclical
Sporting Goods Stores
16.81B -8.24%
Technology
Other Internet Services
145B +58.51%
Consumer Cyclical
Travel Agents
23.34B -1.44%
Technology
Enterprise Software
27.65B -24.76%
Technology
Financial Technology (Fintech) (NEC)
209B +19.00%
Consumer Cyclical
Gyms, Fitness and Spa Centers
9.26B +11.69%
Consumer Cyclical
Internet & Mail Order Department Stores
1.54B -35.62%
Consumer Cyclical
Children & Infants Clothing Retailers
1.2B -39.40%
Technology
Other Internet Services
3.39B -6.13%
Consumer Cyclical
Quick Service Restaurants
5.63B +7.90%
Consumer Non-Cyclical
Other Food Retail & Distribution
15.63B +25.68%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
3.51B +28.87%
Technology
Other Internet Services
2.18B -11.73%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
5.77B +29.40%
Consumer Cyclical
Other Apparel & Accessories
17.38B +24.25%
Real Estate
Residential REITs
28.7B -8.23%
Technology
Other Software
1.78B -1.40%
Consumer Cyclical
Beauty Supply Shop
21.43B +9.64%
Real Estate
Other Real Estate Services
18.68B +6.29%
Consumer Cyclical
Quick Service Restaurants
15.9B +10.65%
Consumer Cyclical
Other Apparel & Accessories
3.36B -26.78%
Consumer Cyclical
Sports & Outdoor Footwear
43.47B -12.96%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
8.03B +25.33%
Consumer Cyclical
Travel Agents
186B +15.07%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
1.92B -14.13%
Technology
Miscellaneous Fintech Infrastructure
3.15B +20.95%

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