Joining the show today for a discussion on where they're finding growth opportunities as we enter the fourth quarter, are Fidelity U.S. Growth Opportunities Class portfolio managers Kyle Weaver and Rebecca Baker.  Kyle and Rebecca focus on identifying long-term growth opportunities, even in controversial or volatile market conditions. Their investment approach often revolves around understanding secular growth trends, like AI and e-commerce, and finding the right business models to capitalize on them. Kyle and Rebecca underscore the complexity of investing in large themes like AI and the importance of selecting the right companies with sustainable business models. They explain how past technological shifts, like in wireless data, provide valuable lessons for navigating AI investment. Their discussion with host Pamela Ritchie also touches on other sectors where they are seeing opportunities, like solar energy, which could be influenced by political outcomes, industrial companies that stand to benefit from AI innovations, and used car retail, which is being transformed by online research and e-commerce growth. Kyle and Rebecca advocate for a balanced approach, where long-term growth themes are assessed alongside short-term cyclical factors to optimize their investment strategies. Take a listen.

 

Recorded on October 2nd, 2024.