In today’s episode, host Pamela Ritchie is joined by Institutional Portfolio Manager Michael Hickey, who works alongside Will Danoff on Fidelity Insights Class. Today, Mike shares how the Insights team is navigating the current market landscape. He opens with a focus on the tech giants, highlighting their high valuations and solid long-term investments. He also sees a potential shift towards mid- and small-cap stocks, especially in undervalued tech segments. AI continues to be a significant trend, and impacting sectors like utilities and data centres, where tech spending is reshaping industries. He also sees AI’s potential in healthcare, with a focus on biotech firms that offer innovation without the risks of early-stage ventures.

Recorded on November 7, 2024.

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