Part 3/6:

To better diversify their holdings, the investor began adding positions in Canadian utilities and oil & gas aimed at benefiting from potential economic changes under new government policies. They currently hold a modest 4-5% of their portfolio in these sectors, a strategy to mitigate risk while remaining bullish on technology stocks.

Growing Interest in Tech

Tech stocks remain a cornerstone of the presenter’s strategy. They expressed excitement about the potential of established companies like Microsoft and newer healthcare players such as Eli Lilly. Acknowledging the pressure on Canadian banks due to consumer defaults, the presenter became bullish on them, especially as interest rates drop.