Healthcare highlights and long-term wins in consumer staples

June 11, 2024
In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, discusses the latest developments in the consumer staples and healthcare sectors with TriCert Investment Counsel Portfolio Manager Brian Durno, CFP®, CFA®.

Brian shares positive news about Amgen and highlights the robust performance of consumer staples, with revenue and earnings growth surpassing expectations. They delve into Walmart, illustrating the importance of long-term investment strategies despite short-term market reactions. The episode concludes with insights on market trends, inflation impacts, and the defensive nature of consumer staples during economic downturns. Tune in to gain valuable perspectives on market dynamics and investment strategies.

Healthcare highlights and long-term wins in consumer staples

by Brian Durno, CFP®, CFA®

Recorded on May 29, 2024

This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers.

All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.

Brian Durno, CFP®, CFA®

As CIO, Brian leads the organization in following a quality sector-based investment approach for all client portfolios. He joined TriCert Investment Counsel in 2016 as a Portfolio Manager, responsible for building client portfolios with a disciplined, value-oriented investment approach. Brian earned a Bachelor of Commerce degree from Queen’s University in 1995. He is a member of the CFA Institute and the CFA Society of Ottawa, a Certified Financial Planner, and a Chartered Financial Analyst charterholder.

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