Smart money: How Robert Taylor uses hockey strategy to pick stocks

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The chief investment officer of Canoe Financial avoids crowded trades and seeks companies with potential value surfacing in the future

Robert Taylor enjoys playing a game of pickup hockey and knows how to skate to where the puck is going, not to where it has been. The portfolio manager applies that strategy to picking stocks, too. He avoids crowded trades and seeks companies with potential value surfacing in the future. So far, he’s scoring. His $1-billion Canoe Equity Portfolio Class fund gained 6% in 2022, when the U.S. and Canadian markets sank into the red.

Oil prices likely have a floor between US$70 and US$80 per barrel. The mid-cycle price could be closer to US$100 in a strong economic recovery. For gas, the long-term opportunity is as a transition fuel for renewables because it can be a source of baseload power for the electricity grid. A much warmer winter has caused gas prices to fall sharply, but they should move higher in anticipation of a more normal winter in 2024.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 31. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Health-care stocks: Three hot picks from Robert Moffat - BNN BloombergThe health-care sector offers opportunities for diversification, according to one portfolio manager.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »