$Comfort Systems USA(FIX.US)

Context: What interests me about FIX is that AI is not only a story about the companies building AI. Behind the growth of AI and data centers, there is also a huge need for power, cooling, electrical and mechanical infrastructure.

That made me look beyond the obvious AI names and pay more attention to the companies building the infrastructure behind them. FIX gives me exposure to this trend from a different angle, rather than directly investing in AI chips or software.

My Trade: I’m holding FIX because I like the idea of investing in a business that can benefit from the continued expansion of data centers. I’m not trying to predict which AI company will ultimately win. Instead, I’m interested in the infrastructure that many of them will need regardless of who wins.

Takeaway: This position reminded me to look one step beyond the obvious trend. Sometimes the interesting opportunity isn’t the company everyone is talking about, but the businesses providing what that trend needs to keep growing.