Don Newman is a portfolio manager focused on high-quality dividend-paying companies. He is currently looking at the durability of businesses following the market correction in March. Don emphasizes that Fidelity’s analysts are continually examining the potential duration of COVID-19 and assessing how long a company can continue to generate decent returns and pay dividends. Don notes that March was the busiest month of his career at Fidelity, with stock prices moving from peak price points coming into the market volatility to a trough of over 30%.
Recorded on April 8, 2020.