Analyst perspectives: Industrials and materials earnings season takeaways – Claire Fleming and Robert Reynolds

Today on the show, we check in with two of Fidelity Canada’s equity research analysts Robert Reynolds and Claire Fleming. They share their latest insights into the industrials and materials sector and what they could see happening in the remainder of the year. Bobby and Claire sit down with host Pamela Ritchie and talk about the hit equity markets are taking as of late, and what that could mean for their respective sectors. Bobby reiterates the markets have seen days like this before. He says U.S. industrials have been relatively strong over the last year and half where certain themes like nearshoring could be beneficial. Claire points out materials, like copper, has seen some challenges. But she also says there are some great differences this cycle compared to past cycles where some secular trends can help offset some of those cyclical pressures. Claire and Bobby also touch on Mergers and Acquisitions, the latest earnings report and what a potential rate cut by the Fed could mean for sectors and for consumers.  

 

Recorded on August 2nd, 2024.

 

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