David Sykes, Portfolio Manager, TD North American Dividend Fund, and TD Global Dividend Fund, shares his thoughts on valuations and outlook for the S&P500.
The S&P 500 has almost doubled from its low of March 2009. So how are valuations now? Given the backdrop of the turmoil in the Middle East and North Africa as well as soaring food and crude oil prices, David Sykes shares his investment strategy for US equities and names some stocks he likes.
In the video interview, Sykes discusses the following issues:
- What are some factors driving the markets higher?
- How are valuations at current levels?
- Will turmoil in Middle East impact S&P 500 earnings?
- What sectors in the US offer opportunities, and what are you avoiding?
- Can you name a couple dividend paying stocks that you like?
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Source: TD Waterhouse