In this episode of Non Consensus Investing, Ram Ahluwalia, host and CIO of Lumida Wealth, shares his top stock picks for 2024 and reviews the previous year's picks. He highlights the effectiveness of non-consensus investing and showcases the impressive returns of their curated portfolio. Ram discusses various sectors, including healthcare, technology, financials, and energy, providing detailed analysis and rationale behind each pick. He emphasizes the importance of balancing growth and value stocks and introduces their new AI tool. Listeners are encouraged to diversify, cut losses quickly, and stay ahead of market trends.
00:24 Holiday Greetings and Personal Updates
00:47 Review of Last Year's Stock Picks
01:27 Performance Highlights and Key Learnings
01:55 Non Consensus Investing Strategy
07:50 Top Stock Picks for the Upcoming Year
10:28 High-Risk, High-Reward Opportunities
11:46 Healthcare Sector Insights
14:18 Exploring Bumble and Other Non Consensus Ideas
17:24 Insurance and Financial Sector Picks
23:24 Navigating Policy Risks in High ROE Businesses
23:54 Analyzing First Solar's Market Position and Challenges
24:37 Exploring Flextronics and Data Center Opportunities
25:58 Retail Insights: Abercrombie & Fitch's Growth Potential
29:16 International Value Play: Banco Macro
30:54 Growth vs. Value: Investment Strategies
32:33 Regional Banks and Deregulation Benefits
34:33 Energy Sector Outlook and Investment Picks
38:26 Tech Giants and Market Dynamics
43:22 Concluding Thoughts and Holiday Wishes