Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod

FOCUS: North American equities and dividend stocks 

MARKET OUTLOOK:

Markets are excited about a re-acceleration in earnings growth combined with eventual interest rate reductions. As such, the market rally has been broadening out. Yet at the same time inflation has remained sticky. Will the markets achieve the soft landing they are looking for or will stagflation take hold?

Independent of the outcome, we believe you can find value right now in both fixed income and in a widening swath of equities including growth, value, dividend, industrial, technology, financial and material stocks.

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TOP PICKS:

Greg Newman's Top Picks

Greg Newman, senior wealth advisor and portfolio manager of Newman Groupdiscusses his top picks: Amazon, Manulife, and Intact Financial.

Amazon (AMZN NASD)

Amazon offers investors excellent growth at a reasonable price.

Manulife (MFC TSX)

Manulife offers investors nice growth at a compelling price with a nice growing dividend.

Intact Financial (IFC TSX)

Intact Financial offers investors attractive growth at a fair price. 

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
AMZN NASD Y Y Y
MFC TSX Y Y Y
IFC TSX Y Y Y

 

PAST PICKS: MARCH 3, 2023

Greg Newman's Past Picks

Greg Newman, senior wealth advisor and portfolio manager of Newman Group discusses his past picks: High Interest Savings, Telus, and Altagas.

High Interest Savings

  • Return: 6.2%

Telus (T TSX)

  • Then: $27.31
  • Now: $22.55
  • Return: -17%
  • Total Return: -11%

Altagas (ALA TSX)

  • Then: $23.89
  • Now: $30.58
  • Return: 28%
  • Total Return: 35%

Total Return Average: 10%

  • Still own but have been selling down High-Interest Savings to boost equity

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
HIGH INTEREST SAVINGS Y Y Y
T TSX Y Y Y
ALA TSX Y Y Y