Rob Hinchliffe, Director of Global Sector Research and Portfolio Manager at Berry Investment, and his team have released their latest stock investment views. The report points out that the prospects for software stocks are optimistic, and the new pricing and product opportunities brought by AI will help related stocks continue to reach new highs. Although the market's attention to these stocks has cooled slightly recently, the long-term growth potential is still believed to be promising. The team is also closely monitoring companies benefitting from energy transition and nearshore outsourcing, and will continue to seek out companies with untapped potential for development. The report states that the "big seven" stocks in the U.S. have dominated the returns of most index funds, but many index investors are concerned about the high concentration risk. It is believed that continuing to rely on traditional industry classifications and unchanging valuation methods for stock selection has become difficult to outperform the market. Berry Investment is more focused on predicting the transition of companies from mature cycle stages to high-growth phases, seeking opportunities to achieve excess returns. The report suggests that many technology stocks, including AI, semiconductor, and hardware stocks, have transitioned to high cyclical growth categories in the past year, while some companies are expected to gradually move towards high stable growth categories, although the transition period is expected to be lengthy.