Justin White

In this discussion, Justin White, a portfolio manager at T. Rowe Price known for his innovative four-pillar investment framework, shares insights on market dynamics. He analyzes the fading momentum of earnings and prospects for high valuations. White emphasizes the significance of quality, estimate revisions, acceleration, and valuation in stock selection. He warns about the risks of overestimating monopoly profits and highlights potential long-term winners like Booking and Visa while cautioning against elevated AI-related valuations.