Polen Capital
Polen Focus Growth
US Mega-cap Growth
Dec 2024 → Mar 2026
Our archive holds 7 letters from this strategy, behind 14 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
7 letters in 3 years — follow all of Polen Capital for every strategy.
Its investment theses
- Lam ResearchMar 2026Lam Research is a semiconductor equipment supplier with high switching costs, stable share, margin expansion, and AI-driven demand visibility.
- ServiceNowMar 2026ServiceNow is a mission-critical workflow software company with sticky customers, proprietary AI tools, and strong long-term growth potential.
- RollinsMar 2026Rollins is a leading pest control company with recurring demand, strong retention, scale advantages, and long-term compounding potential.
- Meta PlatformsMar 2026Meta Platforms is a global digital advertising platform with strong AI monetization, massive user reach, and attractive long-term earnings growth.
- CoStar GroupMar 2026CoStar Group is a real estate information and software company with deep proprietary data, improving economics, and strong long-term EPS growth potential.
- ShopifyMar 2026Shopify is a rapidly growing commerce platform with sticky customer workflows, proprietary AI tools, and large long-term growth potential.
- Intuitive Surgical, Inc.Dec 2025Intuitive Surgical is the dominant soft tissue robotic surgery platform with high barriers to entry, accelerating procedure growth, and a reasonable valuation.
- Boston ScientificSep 2025Boston Scientific is a global leader in medical products with strong growth potential driven by its innovative Farapulse and Watchman platforms, likely achieving mid-teens earnings growth over the next 3-5 years.
- IntuitSep 2025Intuit is well-positioned for growth in the small business accounting market due to its dominant market share, innovative features, and the integration of Gen AI agents, leading to projected mid-teens revenue and high-teens earnings growth.
- NVIDIASep 2025NVIDIA and Broadcom are poised for sustained growth in earnings, projected at around 20% per year over the next 3-5 years, driven by strong demand for AI chips and related infrastructure.