Additional PerspectiveHere's the stocks and their performance since 18 January.
TFII -(13%)
MG- (19%)
WSP - (-4%)
Do you still believe these are the best places to be invested given the current economic outlook?
We would be fine staying the course here. The past few months have been tough for stocks in general, particularly growth-oriented companies that have done well over the last two years. Geopolitical events have also been a factor outside anyone's control (eg. war in Ukraine weighed on MG stock heavily depiste operations being very limited in Russia). We could continue to see further downside, in which case switching into other names may result in a similar outcome. Of course, this is why it is important for investors to have at least a 3-5 year time frame with equities. We look at companies based on their fundamentals, their industry position and strength and we believe these factors prevail in the long-run. We continue to be very comfortable with these three for industrial sector exposure. (5iResearch)