20241202-东吴证券-2025年度机械行业策略报告：确定性看装备出海，边际改善看内需相关

GS Mahindra & Mahindra Financial Svcs (MMFS.BO)_ Earnings Review_ Operational miss

GS Life Sciences Tools & Services_ Amidst end market headwinds, FX could be a relative tailwind for top line growth

GS Kinder Morgan Inc. (KMI)_ 1Q25 Recap_ Reiterating 2025 Guidance and Expanding the Backlog, Despite Choppy Macro

GS Kimberly-Clark Corp. (KMB)_ A Q1 bottom-line beat but FY25 guidance lowered as tariffs weigh on outlook

GS JBS (JBSS3.SA)_ Also a compelling dividend play

GS Japan Strategy Views_ Who's afraid of conservative guidance_