Greg Newman, Senior Wealth Advisor and Portfolio Manager, Newman Group, Scotia Wealth
Focus: North American stocks
Top Picks: Nvidia, Vertiv Holdings, Canadian Pacific Kansas City
MARKET OUTLOOK:
Is this the usual September swoon or the start of something more? While earnings growth has been fabulous, rising bond yields remain a headwind. Data points on inflation and oil prices are particularly in focus as they will help determine the rate path of the U.S. Federal Reserve and Bank of Canada. As such, we are being extra mindful of our asset allocation while looking for opportunities as they become mispriced.
- Market-moving news, fast: Get the BNN Bloomberg App now
- Sign up for the Market Call Top Picks newsletter at bnnbloomberg.ca/newsletters
TOP PICKS:
Nvidia (NVDA NASDAQ)
Offers investors explosive growth at a reasonable price.
Vertiv Holdings (VRT NYSE)
Offers investors high growth at a reasonable price
Canadian Pacific Kansas City (CP TSX)
Offers investors nice growth at a reasonable price
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| NVDA NASDAQ | Y | Y | Y |
| VRT NYSE | Y | Y | Y |
| CP TSX | Y | Y | Y |
PAST PICKS: SEPT. 25, 2025
AtkinsRéalis (ATRL TSX)
Then: $100.10
Now: $84.88
Return: -15%
Total Return: -15%
Keyera (KEY TSX)
Then: $46.80
Now: $54.56
Return: 16%
Total Return: 20%
Tourmaline Oil (TOU TSX)
Then: $63.65
Now: $61.38
Return: -4%
Total Return: -1%
Total Return Average: 1%
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| ATRL TSX | Y | Y | Y |
| KEY TSX | Y | Y | Y |
| TOU TSX | Y | Y | Y |
