SCHD: What If AI Capex Returns Disappoint?

Core Insights - The article discusses the importance of updating the investment thesis for the Schwab U.S. Dividend Equity ETF (SCHD) following major tech earnings seasons, as it serves as a reliable indicator of investor confidence [1]. Group 1: Analyst Background - The analyst has a decade of experience at a Big 4 audit firm, focusing on banking, mining, and energy sectors, providing a strong foundation in finance and strategy [1]. - Currently, the analyst is the Head of Finance for a leading retail real estate owner and operator, overseeing complex financial operations and strategy [1]. - The analyst has been an active investor in the U.S. stock market for 13 years, with a portfolio that reflects a balanced approach, emphasizing value stocks while also maintaining exposure to growth opportunities [1]. Group 2: Investment Philosophy - The investment philosophy is based on thorough research and a long-term perspective, which has been effective in navigating various market cycles [1]. - The goal is to uncover promising under-the-radar stocks that may not yet be recognized by the broader market, leveraging the analyst's background in auditing and finance [1].