Top picks from Jamie Murray, portfolio manager and head of research, Murray Wealth Group
Jamie Murray, portfolio manager at Murray Wealth Group, discusses his top picks: Thermo Fisher, Broadcom, and Air Canada.Thermo Fisher is a behemoth in the medical industry providing a one-stop shop of products and services for life sciences and pharmaceutical companies. A strong allocator of capital, it has tripled its earnings per share over the past decade through organic growth and acquisitions.
Broadcom provides necessary networking equipment such as switches, network processors and ethernet connectivity necessary to build large AI networks by essentially providing the pathways for GPU processors to work together. We think this trend will accelerate over the next 18 months and Broadcom is poised to see a large surge in revenue in these product lines.
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