We have the privilege of speaking with David Giroux, a renowned portfolio manager, who sheds light on the profound impact of AI on companies’ cost structures and margins. He specifically mentions Alphabet (Google) as an example of a company utilizing AI to enhance programmer productivity, resulting in margin expansion.
He delves into investment opportunities in sectors such as utilities, healthcare, and industrials, emphasizing the significance of a longer time horizon for successful investments. Join us as we gain valuable insights from David Giroux on the transformative power of AI and its implications for investment strategies.
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DAVID GIROUX
- Portfolio Manager, T. Rowe Price Capital Appreciation Fund
- Portfolio Manager, T. Rowe Price Capital Appreciation Equity ETF
- Portfolio Manager, T. Rowe Price Capital Appreciation & Income Fund
- Chief Investment Officer & Head of Investment Strategy, T. Rowe Price Investment Management
ACTION POINT
Read Thinking, Fast and Slow by Nobel Prize winner Daniel Kahneman.
BOOKSHELF
ONE INVESTMENT
GIROUX: BUY REVVITY (RVTY)
Buy NXP Semiconductors (NXPI)
STOCK MENTIONS
Microsoft Corporation (MSFT)
Alphabet Inc. Class A (GOOGL)
Apple Inc. (AAPL)
NVIDIA Corporation (NVDA)
Advanced Micro Devices, Inc. (AMD)
Broadcom Inc. (AVGO)
Intuit Inc. (INTU)
Roper Technologies, Inc. (ROP)
PTC Inc. (PTC)
UnitedHealth Group Inc. (UNH)
Becton Dickinson and Co. (BDX)
GE HealthCare Technologies Inc. (GEHC)
Ameren Corporation (AEE)
DTE Energy Co. (DTE)
Xcel Energy Inc. (XEL)
Biogen Inc. (BIIB)
Revvity, Inc. (RVTY)
Danaher Corp. (DHR)
Thermo Fisher Scientific Inc. (TMO)
General Electric Company (GE)
FROM THE ARCHIVE
David Giroux from the WEALTHTRACK Archives:
WEB EXTRA
MOST IMPORTANT INVESTING BOOK
David Giroux, an avid reader who leads the T. Rowe Price book club, says there is one book that every investor should read.
