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
5,251B +16.59%
Consumer Cyclical
Electric (Alternative) Vehicles
10.16B -20.39%
Technology
Phones & Smart Phones
4,745B +19.59%
Technology
Internet Gaming
6.1B -21.02%
Consumer Cyclical
Internet & Mail Order Department Stores
2,750B +10.44%
Technology
Mobile Application Software
9.05B -33.71%
Technology
Search Engines
4,081B +7.04%
Technology
Financial Technology (Fintech) (NEC)
93.06B -8.48%
Technology
Other Internet Services
336B -13.81%
Technology
Other Software
3,720B +3.60%
Technology
Enterprise Software
148B -6.72%
Technology
Social Media & Networking
1,474B -12.35%
Technology
Other Phones & Handheld Devices
1,208B +117.68%
Technology
Other Internet Services
507B -26.84%
Technology
Other Internet Services
154B -7.92%
Consumer Cyclical
Quick Service Restaurants
47.47B +1.38%
Technology
Other Internet Services
6.35B -13.42%
Industrials
Transaction & Payment Services
44.83B -10.24%
Technology
E-commerce & Auction Services
273B -23.01%
Technology
Other Internet Services
12.03B -17.92%
Technology
Other Household Electronics
148B -2.58%
Consumer Cyclical
Sporting & Outdoor Goods
2.23B -17.37%
Consumer Non-Cyclical
Energy Drinks
88.14B +17.36%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
43.4B +13.85%
Consumer Cyclical
Other Broadcasting
183B -6.64%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
7.77B -32.84%
Consumer Cyclical
Internet & Mail Order Department Stores
37.5B -2.79%
Consumer Cyclical
Used Car Dealers
51.96B -14.48%
Consumer Cyclical
Travel Agents
147B -8.65%
Industrials
Transaction & Payment Services
46.79B +19.65%
Technology
Application Software
114B -18.26%
Technology
Other Internet Services
108B +34.50%
Consumer Cyclical
Other Apparel & Accessories
13.4B -43.22%
Consumer Cyclical
Other Apparel & Accessories Retailers
1.45B -47.58%
Consumer Cyclical
Sporting Goods Stores
11.9B -32.84%
Technology
E-commerce & Auction Services
46.72B +20.53%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
319B -7.07%
Consumer Cyclical
Other Apparel & Accessories Retailers
24.35B -4.41%
Consumer Cyclical
Internet & Mail Order Department Stores
12.86B -6.50%
Technology
Financial Technology (Fintech) (NEC)
94.35B -47.93%
Technology
Other Software
69B -11.70%
Consumer Cyclical
Travel Agents
36.51B +7.38%
Consumer Cyclical
Internet & Mail Order Department Stores
7.5B -
Consumer Cyclical
Other Apparel & Accessories Retailers
73.54B +27.26%
Consumer Cyclical
Entertainment Production Equipment & Services
23.08B +43.36%
Consumer Non-Cyclical
Other Food Retail & Distribution
7.54B +1.43%
Consumer Cyclical
Used Car Dealers
8.66B +57.87%
Financials
Personal & Car Loans
4.84B -4.77%
Consumer Cyclical
Quick Service Restaurants
41.49B +0.50%
Consumer Cyclical
Gyms, Fitness and Spa Centers
3.8B -53.47%
Consumer Cyclical
Women's Apparel Retailers
6.69B +55.38%
Consumer Cyclical
Children & Infants Clothing Retailers
1.17B -1.33%
Financials
Other Consumer Lending
1.94B -11.46%
Technology
Other Internet Services
112B -6.30%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
5.13B +10.66%
Consumer Cyclical
Internet & Mail Order Department Stores
1.58B -26.43%
Technology
Other Internet Services
1.21B -26.46%
Consumer Cyclical
Quick Service Restaurants
2.73B -16.69%
Consumer Cyclical
Beauty Supply Shop
23.33B -9.81%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
3.59B +34.42%
Consumer Cyclical
Other Apparel & Accessories
20.31B -3.62%
Technology
Enterprise Software
12.52B -37.43%
Technology
Other Internet Services
3.1B -9.34%
Real Estate
Other Real Estate Services
7.57B -49.64%
Consumer Cyclical
Other Apparel & Accessories
2.91B +3.12%
Consumer Cyclical
Sports & Outdoor Footwear
29.84B -11.77%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
6.75B -1.16%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
1.83B +3.89%
Technology
Miscellaneous Fintech Infrastructure
3.46B +0.09%

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