But our biggest point of pride is our emphasis on research, which could be why the SAP – Qualtrics deal is so impressive to us. Both companies are research-driven, and according to our porings over the matter, the arrangement itself is quite sound. It was ironed out over a number of months by the two CEOs, Ryan Smith of Qualtrics and Bill McDermott of SAP. At the time of their press conference, Qualtrics was well on its IPO preparation path.
That said, the bulk of US revenues come from non-American markets. They’re multinationals, so up to 43% of their profits are earned in foreign lands, according to stats in 2016. Also, a good number of companies listed in
US exchanges are global. This means both in the literal and metaphorical sense, adding US shares to your portfolio offers instant diversification benefits. In these discussions, US investment is often pitted against China.
The market had mixed reactions to the announcements, as Amcor shares dropped just over 6% coming out of its trading halt. However, the fact is, it makes far more sense for Amcor to be listed in the US than Australia. The company makes approximately 85% of its revenue from the Americas, Europe and Middle East markets. Additionally, Amcor reports its earnings in US dollars, and the acquisition of Bemis will provide greater exposure to the U.S. market.