Episode Details

Stocks may be falling but Rebecca Teltscher, portfolio manager at Newhaven Asset Management’s portfolio is up, proving that her long-term, fundamentals driven approach is working. Rather than chasing short-term trends, she focuses on defensive investments—companies that provide critical infrastructure and offer long-term stability by prioritizing dividends. She says Donald Trump’s trade war means stagflation is a huge risk but notes the sectors she invests in are attractive regardless of an economic slowdown or rise in inflation. She tells In the Money with Amber Kanwar why she’s bullish on Canadian stocks, why valuation matters more than hype, and reveals the companies she’s buying now—including one energy name she calls “the most enticing buy in the market.”

Timestamps 

00:00 Show intro 

01:45 Rebecca explains her defensive approach to investing 

04:00 What tariffs mean for the defensive dividend-paying approach

06:00 Is stagflation is a big risk and what’s the stagflation playbook? 
09:45 U.S. vs. Canadian stocks & why Rebecca thinks Canadian stocks are poised to continue to outperform 

14:45 Carney vs. Poilievre: assessing the what the next Prime Minister will mean for Canadian markets 
17:45 In the Money mailbag: Is Algonquin Power & Utilities hopeless? 
22:45 What are Rebecca’s thoughts on Telus as a long-term hold? 
25:45 Will BCE cut the dividend? 
29:40 What is a catalyst for Nutrien? 

31:45 Rebecca’s thoughts on Gibson Energy 
33:45 Is there more upside in Manulife? 

35:15 Rebecca’s thoughts on the Hamilton U.S. Bond Yield Maximizer ETF

39:45 Rebecca’s Pro Picks 

53:00 Goodbye & coming up

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Pro Picks is brought to you by ATB Financial. With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. ATB's Capital Markets arm is a full-service investment dealer that offers investment and corporate banking, sales and trading, institutional research, and risk management. Visit ATB.com/inthemoney for more information.

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