Podcast: A Look at the Stock Market

Dan Davidowitz, Co-Portfolio Manager of the Polen Focus Growth strategy, recently sat down with Rusty Vanneman, host of Orion's Weighing the Risks podcast, to discuss a wide range of investment topics and how advisors and investors can better navigate today's complex financial landscape.

Highlights:

• Dan offers practical advice on how advisors and investors should think about risk, sharing the market signals and guardrails he monitors to identify potential downturns.
• Dan shares insights on earnings growth through 2026 and beyond, explaining how Polen Capital's strategy seeks to address earnings deceleration and sustain long-term growth.
• On AI, Dan focuses on identifying durable, long-term revenue opportunities in applications rather than cyclical hardware trends brought on by generative AI.
• Dan provides a global outlook, discussing investment opportunities abroad (including insights on China) and breaking down the probabilities of different market scenarios.

Social Media Information & Disclaimers

Multiple Compression: Multiple compression refers to the decline in a company's valuation multiple, such as the price-to-earnings (P/E) ratio, even when the company's earnings or cash flow remain stable or grow. This decline can occur due to broader market trends, changes in investor sentiment, rising interest rates, or increased perceived risk, among other factors.