2024 Outlook, what to expect? I would like to share my personal point of view as below:
The move from traditional AI (predict/optimize) to generative AI (contextual understanding, content creation) AI and associated cyber risks should be a boon for semiconductors, tech hardware, and IT security companies.
About the infrastructure, $550B in new government spending annually across transport, utility, telecom, and clean energy should result in profitable investments in many areas.
Besides, we will have weight-Loss Drugs and Cross-Sector Effects. Forecasted to increase from $2B to $70B in annual sales in five years. These have the potential to be the biggest revenue drugs of all time, especially if an oral pill form can be developed.
Food, beauty products, and medical devices could all be affected by an expansion of weight-loss drug usage. Also, never forget about rising Mental Health and Wellness awareness. Post COVID there has been a substantial increase in mental health issues. Companies and products that can help address this massive need should do well.
Finally, clean energy transition will continue the expansion of wind/solar, and an acceleration in battery storage.
How do you think? Come and share your point of view together guys. [Thinking] [Thinking] [Thinking] [Thinking] [Thinking] [Chuckle] [Chuckle] [Chuckle] [Chuckle] [Chuckle] [Call] [Call] [Call] [Call] [Call] [Put] [Put] [Put] [Put] [Put]
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