There have been many periods of irrational exuberance in investments. Some believe that the recent performance of AI related stocks is signaling such a period. In this paper we explore that position and why we don’t consider it to be the case.
Epoch Investment Partners (TD Epoch) manages a variety of investment strategies with different investment objectives, but they share a common philosophy centered on the belief that the generation and allocation of free cash flow represents the best predictor of shareholder return.
Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.