Focus on the Tech Stalwarts with reasonable valuations, in addition to the Online Giants
Transcript
| Danton Goei: | We have a good diversity of technology names there, but we've really focused more on the stalwarts versus the darlings. Now, you'll see in our holdings we do have a number of the Magnificent Seven. | |
| We think they're the ones where the competitive advantage is very clear, where the business is very durable and where the valuation is still very attractive, but there are also a number of other names in technology that we have that are not part of that top seven. It's between social media and semiconductors, AI is a big driver. The Meta, Amazon, Alphabet, they're all big part of that Magnificent Seven, but Applied Materials, Texas Instruments, probably more of these stalwarts that are also big beneficiaries of the same growth drivers of semiconductor demand, digitization of the economy, artificial intelligence, they're all big, a driver, taking advantage of that as well. |
Related Videos
Video
Davis NY Venture Fund – A Complement or Alternative to the S&P500
Our highly selective portfolio of durable companies with attractive growth – at a greater than 40% discount to the S&P500 – may be a viable compliment or alternative to index positions
Video
A Return to Rationality
Traditional business fundamentals are finally being rewarded again, driving our performance
Share this Video
Click here for current fund holdings: DNYVF