Mega-cap tech stocks dominated the stock market in the first half of 2024, but can that continue and where should investors look for buying opportunities outside of tech and AI? “We believe AI will be really big, but it’s tough to know who will be the winners,” said Brian Krawez, president and lead portfolio manager at Scharf Investments. He recently spoke with Doug Krizner on Bloomberg’s “Daybreak Asia” program and shared his thoughts on why the average stock within the S&P 500 is attractive. “The average stock is trading at a very big discount to the Index.” One of the average stocks that Brian highlighted is Gentex, a manufacturer of auto-dimming mirrors and windows, which is trading below its historical average and has seen double-digit growth. He also sees compelling investment opportunities outside the U.S., including Samsung. You can hear Brian’s interview beginning at the 7:31 mark in the link below.

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https://www.youtube.com/watch?v=CkV1lXKcsm8&list=PLe4PRejZgr0Mvkfte_CsCiKEYuP9DtXN8