Greg Newman's Top Picks: Dec. 18, 2020
BNN Bloomberg
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Focus: North American dividend stocks and protection strategies
MARKET OUTLOOK
We are now into an âexpectingâ market where investing seems easy, and for a while it probably will be; but bears should know this is part of the script. We know going in that there will be periods like this. For example the crash of April of 2000 did not happen overnight; it took 1997, 1998, 1999 and the dizziness of the first few months of 2000 to finally blow off the top. Bears should also know as earnings expectations improve many stocks are looking cheaper and their balance sheets improving. While there are many areas of froth, there are still many good areas to allocate capital. Most of these areas may be unsexy but you can likely win with them without taking a lot of risk; something we always try to do. That said, when we see the high risk to reward stock that is under discovered and super compelling - we go for it!