4 KEY Business Attributes to Succeed in this AI Driven Stock Market
Joseph Shaposhnik is Portfolio Manager at TCW Group. In this interview, the manager of the New America Premier Equities Fund discusses what’s behind his concentrated investment approach and why select software names are at the top of his holdings list today. He also covers today’s narrow market environment, as well as four key factors he looks for in businesses that allow them to “cut through the water despite the waves and fluctuations you might see on the surface” during times of macroeconomic turbulence.
00:00 Invest in Predictable Growth & Cash Flow
00:57 High-Quality Businesses Thrive in Volatility
02:08 Narrow Market Driven by S&P Giants
02:56 AI Investment: Microsoft & Broadcom Over Google
04:06 Software with Strong Margins & Cash Flow Wins
05:32 Durable Businesses Outperform Cyclicals
06:40 Criticality & Predictability in AI Investing
07:57 Management, Recurring Revenue & AI Success
Joseph further names his two favorite stocks for playing the Artificial Intelligence trend, as well as the one popular stock likely to be disrupted by AI. Plus, he covers a top Canadian software name AND two subsectors in the industrial group he likes. Finally, Joseph gives a sneak peek at what he’ll discuss at our upcoming Investment Masters Symposium in Las Vegas, set for Aug. 8-10, 2023 at the Paris Las Vegas. Click here to register: https://conferences.moneyshow.com/acc...
Podcast: https://open.spotify.com/show/1lNJp1W...
Facebook: / officialmoneyshow
Instagram: / moneyshow
TikTok: / @officialmoneyshow
X (Twitter): / moneyshow
LinkedIn: / moneyshow