In finance, "what is capex in finance" refers to capital expenditures—funds used by a company to acquire, upgrade, or maintain physical assets. In the current stock market, sectors like renewable energy are reporting higher capex for 2024, signaling expansion plans that may fuel long-term growth despite short-term profit pressure. Now for the CIO’s advice: without naming names, she suggests selling small-cap stocks, unprofitable tech and low-quality meme stocks and that investors also get highly selective when it comes to consumer names. Budget estimates are prepared before the financial year begins and naturally evolve into revised estimates based on expenditure trends, implementation capacity, and emerging priorities. This is standard practice in public finance, she added. Energy transition stocks see "what is capex in finance" as a tool for competitive edge. Solar companies increasing capex on efficiency tech in 2024 may boost gross margins in years ahead, supporting stronger share price performance.