Joining us today for a discussion on U.S. equities is Tom Rollins, Institutional Portfolio Manager. Tom works alongside portfolio manager Kyle Weaver, who for Canadian investors manages Fidelity U.S. Growth Opportunities Class and co-manages NorthStar Fund. Tom notes the unprecedented level of macroeconomic cross-currents of late. Inflation and the response from the Federal Reserve, impacts on global supply chains, the war in Ukraine, and the Zero covid response in China are all affecting growth stocks in North America. Tom also shares how their fund is currently positioned and what shifts have been made in 2022. Tom reminds us they look for stocks that look cheap on a 3-7 year view of their earnings or free cash flow, and these stocks fall into 3 categories.

Recorded on June 24, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_rollins_june24.pdf

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