I recently removed all drug manufacturers from my selection of high-quality companies. Apart from the issue of inevitably losing revenue due to patent expirations, shareholders in pharmaceutical companies are always at risk of disappointing drug trial results. See $NVO today.

$MDLZ is exploring a takeover of $HSY It's rare that a company from my list is targeted in a merger deal, as I mainly invest in large-cap companies.
IMO, unlikely to happen. The Hershey Trust has a history of voting against takeover offers.
Maybe Mondelez can try to buy MrBeast's chocolate company 😬

As $AMZN makes new all-time highs today, let's take a look at Amazon's ad business: the company has generated $53.6B in the last 12 months from advertising alone. That's high-growth, high-margin revenue, a segment they created in just a few years. Incredible execution 👌

Apple stock looks weird to me right now. $AAPL has bearly grown revenues and earnings in the last 3 years, yet the valuation is historically high compared to the last 10 years 🤷‍♂️

With the bull market rising, $BLK reaches a record $11.475 trillion in AUM. However, it might be time to trim the position a bit soon because the stock valuation is getting relatively high, already approaching its peak from 2021.

$ISRG is a fantastic company firing on all cylinders. Its Da Vinci Systems are a great source of recurring revenue.
The market knows this, as the stock is horrendously overvalued right now, with a price-to-sales ratio of 23.5. It would have been a great long-term buy in 2022.

The first trillion-dollar company from the U.S. was $AAPL in August 2018, followed by $AMZN just a month later. With the bull market in full swing, $TSM joined the trillion-dollar club yesterday 🎉

Which company will be next?

Time for a victory lap: +1034% on $NVDA as of today in my public portfolio. Bought this tenbagger at the correct buy point according to my quality investing strategy almost at the low in Sept 2022. Perfect time to buy if you know what a quality company looks like.

Started a small position in $CSGP at $72 today. CoStar is a fantastic wide moat company which is beaten down because of its recent residential marketplace investments which IMO will work out great in the long run. Hoping for the stock to go down a bit further to pick up more shares.

You had the chance to buy $UNH at a rare price level during the last two weeks. Today, the stock is up +6.5% on a solid earnings report and might not revisit these lows. 
From time to time, quality companies offer good price entries on seemingly bad news, I like to take advantage of that.

Portfolio Update (YTD, total return)

Portfolio +8.26%
$SPY +10.00%
$QQQ +9.14%

Good year so far. My positions in quality companies are paying off. However, I'm lagging behind the benchmark a bit since I'm holding a 30% cash position that I have not been able to redeploy at lower prices.

The capex expansion cycle is over at $AMZN and the company is back generating massive cash flows. Stock prices follow earnings, good times ahead for Amazon if they continue on this trajectory.

For a few days in 2022, you could have picked up $META below $100. 16 months later, the stock is at $468. 
This proves that you don't have to invest in weird speculative companies for significant returns. There are plenty of opportunities in large caps if you choose wisely and buy at the right time.