In this video, Richard Clode, Portfolio Manager on the Janus Henderson Global Technology Team, discusses how the recent volatility in global equity markets should refocus investor attention on the importance of looking at the fundamentals of a business. In a recent trip to California, he met with technology companies that continue to benefit from long-term secular growth themes in the sector including cloud adoption, 5G and artificial intelligence (AI).

Key Takeaways

• Cloud adoption has huge growth potential ahead.
• 5G allows lower latency and hundreds and thousands of connections, enabling much broader technological advances and revenue opportunities than previous network upgrades
• Although there are many AI success stories, failures are also starting to emerge. As ever, it is important to avoid overhyped stocks.

Janus Henderson Investors makes no representation as to whether any illustration/example mentioned in this document is now or was ever held in any portfolio. Illustrations shown are for the limited purpose of highlighting specific elements of the research process. The examples are not intended to be a recommendation to buy or sell a security, or an indication of the holdings of any portfolio or an indication of performance for the subject company.

Glossary

Internet of Things: the interconnection via the internet of computing devices embedded in everyday objects, enabling them to send and receive data.​