Julie Biel, CFA, Chief Market Strategist, was featured in a recent Barron’s Advisor Q&A discussing how today’s AI-driven market is creating unexpected opportunities for quality investors. As capital has crowded into AI-related companies, many high-quality industrial, financial, and software businesses have received less attention and are trading at more reasonable valuations than they have historically.
Julie explains that higher interest rates and a more selective market environment are increasing the importance of fundamentals, creating opportunities among businesses with durable competitive advantages, strong balance sheets, and sustainable growth prospects.
While concerns that AI would disrupt software companies have eased, Julie believes the story is more nuanced. Companies with differentiated products, embedded workflows, and strong customer relationships may be well positioned to use AI to strengthen their offerings. More broadly, businesses applying AI to improve operations and productivity could ultimately capture more value than many of the companies building the underlying technology.
Read the full Barron’s Advisor article to hear Julie Biel’s complete perspective.
