Greg Newman, Senior Wealth Advisor & Portfolio Manager, Newman Group, ScotiaMcLeod
Focus: North American equities
Top Picks: Netflix, Brookfield Infrastructure, Stantec
MARKET OUTLOOK:
Markets continue to defy the cynics. Stubborn inflation, trade uncertainty, and geopolitical tensions have thus far been overpowered by resilient earnings growth.
Valuations are not cheap and leadership of the rally is somewhat concentrated.
That said, there remain names and sectors with a compelling risk to reward profile.
While we are still constructive, we are paying particular attention to our asset allocation and diversification.
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TOP PICKS:
Netflix (NFLX NASDAQ)
Brookfield Infrastructure (BIP.UN TSX)
Stantec (STN TSX)
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| NFLX NASDAQ | Y | Y | Y |
| BIP.UN TSX | Y | Y | Y |
| STN TSX | Y | Y | Y |
PAST PICKS: SEPT. 25, 2025
AtkinsRéalis (ATRL TSX)
Then: $100.10
Now: $90.08
Return: -10%
Total Return: -10%
Keyera (KEY TSX)
Then: $46.80
Now: $57.21
Return: 22%
Total Return: 26%
Tourmaline Oil (TOU TSX)
Then: $63.65
Now: $59.49
Return: -7%
Total Return: -4%
Total Return Average: 4%
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| ATRL TSX | Y | Y | Y |
| KEY TSX | Y | Y | Y |
| TOU TSX | Y | Y | Y |
