Top picks from Dan Rohinton, portfolio manager, iA Global Asset Management
Dan Rohinton, portfolio manager at iA Global Asset Management, discusses his outlook for the markets.As we delve deeper into the earnings season, we observe not all companies are faring equally. The disparity in performance confirms that strategic and operational fundamentals, and not just market conditions, play a crucial role in determining a company’s financial health.
High expectations surround the larger firms investing in artificial intelligence. We have seen some encouraging signs of growth and innovation, but a transformative “killer product” remains to be seen. Investors, thus, should keep a close watch on this sector while being cautious of the hype. Lastly, we can’t overlook that market valuations, sitting at the high end currently exert an element of constraint on further upside potential. Nonetheless, we don’t see immediate triggers for alarm as the higher valuations do not yet seem to signal a bubble, but rather a more tempered state of growth.
To put it all together, navigating the upcoming market terrain requires a keen focus on individual company fundamentals, an understanding and caution for sectors heavily dealing in future potential like AI, and a mindful approach to relatively high current valuations. This balanced strategy should serve investors well in making informed decisions in the existing market landscape.global leader in industrial gas with a disciplined capital allocation philosophy.
A defensive quality-focused way to participate in the industrial renaissance across the United States. Disclosures: Yes we own in the portfolios, No we don’t own personally, No we don’t do businessMastercard is a global leader in the payment network duopoly with peer Visa, a long-term beneficiary of the cash-to-card and digitization of payments secular trend.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BofA analyst sees downside risk to Canadian bank stocks, reiterates top picksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Fourteen changes to Scotia strategists’ top 30 Canadian stock picksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Top five 2024 NHL Draft picks with huge steal potentialIt’s still early, but which teams have bet high on a player with flaws but a solid pathway forward?
Read more »
Top Picks: July 9, 2024Top picks from Ross Healy, chairman of strategic analysis corporation and senior portfolio manager at MacNicol & Associates Asset Management: Alamos Gold, Peyton Exploration, BCE
Read more »
Scotia’s top apartment REIT picks after new rental dataDaily roundup of research and analysis from Scott Barlow
Read more »
Stan Wong’s Top Picks for July 11, 2024Top picks from Stan Wong, portfolio manager at Scotia Wealth Management
Read more »