Greg Newman, senior wealth advisor & portfolio manager at Newman Group, ScotiaMcLeod, shares his outlook on North American Equities. <\/p>\n
Greg Newman, Senior Wealth Advisor & Portfolio Manager, Newman Group, ScotiaMcLeod<\/p>\n
Focus: North American equities<\/p>\n
Top Picks: South Bow<\/a>, Meta<\/a>, AtkinsR\u00e9alis<\/a><\/p>\n MARKET OUTLOOK:<\/p>\n Stocks are largely driven by three factors – expected earnings, expected interest rates and valuations.<\/p>\n While the earnings picture looks very bright, valuations are not cheap and the outlook for interest rates is uncertain largely due to oil prices.<\/p>\n How long oil stays high and where it goes from here will be key for the future direction of this market.<\/p>\n As such having an asset allocation and being diversified is even more important than usual.<\/p>\n TOP PICKS:<\/p>\n Greg Newman’s Top Picks: Southbow, Meta & Atkinsrealis Greg Newman, senior wealth advisor & portfolio manager at Newman Group, ScotiaMcLeod, shares his top stock picks to watch in the market. <\/p>\n South Bow<\/a> (SOBO TSX) <\/p>\n South Bow offers investors a great dividend with a reasonable growth profile.<\/p>\n Meta<\/a> (META NASD)<\/p>\n Meta offers investors nice growth at a reasonable multiple.<\/p>\n AtkinsR\u00e9alis<\/a> (ATRL TSX) <\/p>\n AtkinsR\u00e9alis offers investors nice growth at a reasonable multiple.<\/p>\n DISCLOSUREPERSONALFAMILYPORTFOLIO\/FUNDSOBO TSXYYYMETA NASDYYYATRL TSXYYY<\/p>\n PAST PICKS:<\/p>\n Greg Newman’s Past Picks: Power Corp, Brookfield Infrastructure & Keyera Greg Newman, senior wealth advisor & portfolio manager at Newman Group, ScotiaMcLeod, discusses his past stock picks and how they’re doing in the market today. <\/p>\n Power Corp<\/a> (POW TSX)<\/p>\n Then: $50.80<\/p>\n Now: $72.78<\/p>\n Return: 43%<\/p>\n Total Return: 48%<\/p>\n