Hot Sheet: Investment insights from BNN Bloomberg’s market experts for March 11
BNN Bloomberg
Building or rebalancing your portfolio and wondering what investments to consider next? Here’s what leading experts featured on BNN Bloomberg say investors should consider adding and dropping from their portfolios today.
Here’s what leading experts featured on BNN Bloomberg say investors should consider adding and dropping from their portfolios today.
Teradyne (TER) (Buy-Rated by Citi Research). The AI build out is real and semiconductors have clearly benefitted. However, the focus has mostly been on the bigger names, until recently. We still like the industry group broadly but see an opportunity down cap. The street just started moving estimates higher for smaller cap AI enablers, like Teradyne which makes semiconductor test equipment. AI tailwinds are showing up in its fundamentals as margins are set to expand as operational efficiency improves.
Consumer Staples. We believe it is too early to play defense. The market has been choppy, but pockets of risk under the surface are working. Therefore, we continue to shy away from defensives that have run up without supportive fundamental stories. Many Consumer Staples fit that narrative. They are still facing margin pressures. Also, valuations are far from attractive versus history, meaning they might not be as defensive as they once were in bouts of market stress.
DISCLOSURES: Citigroup Global Markets Inc. or its affiliates received compensation for products and services other than investment banking services from Teradyne Inc in the past 12 months. Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as clients, and the services provided were non-investment-banking, non-securities-related: Teradyne Inc.
Any tech ETF – the cycle is turning and while investors are looking for safety during this uncertainty, tech will be the first to rebound.
Oil prices are down, and stocks are up Monday, though such moves have been quick to reverse since the war in Iran began.
Statistics Canada says the annual rate of inflation dipped below two per cent in February as the end of last year’s federal “tax holiday” helped take some steam out of the yearly price comparisons.
Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding.
Crude oil stayed above US$100 a barrel on Monday and Gulf countries reported more attacks by Iran as the war entered its third week, while share prices were mixed.
Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, Chinese official news agency Xinhua reported.
The impact of the Iran war on fuel prices in Canada may encourage more drivers to go electric, some experts say, but others warn the conflict will drive up prices of "pretty much everything."
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
The Trump administration this week stepped up its ambitious effort to replace about US$1.6 trillion in lost tariff revenue that was eliminated by the U.S. Supreme Court’s decision to strike down a range of the president’s import taxes.
The Bank of Canada will be balancing a last-minute flood of economic data with uncertainty around trade and war in the Middle East as it prepares to make its second interest rate decision of 2026 this week.
The Trump administration has expanded its trade investigations to 60 countries, including Canada, in an effort to shore up the president’s tariff policies.
Canada has committed to supplying 23.6 million barrels of oil as part of a larger International Energy Agency plan to help stabilize energy markets as the war in the Middle East continues.
Canada’s energy-heavy index may cushion stocks from oil shocks, but rising crude prices could boost inflation and pressure consumers.