Top picks Michael Sprung, president, Sprung Investment Management
Michael Sprung, president at Sprung Investment Management, discusses his top picks: Alaris Equity Partners, Cascades, and Enbridge.Alaris is an open-ended investment trust providing alternative financing to private companies in a diverse range of industries. Alaris receives distributions that participate in the improving metrics of its partner companies. Opportunities for capital deployment are increasing as rising interest rates make Alaris' offerings more attractive to business owners.
Inflation and lower volumes of product sales have had a negative impact on near-term profitability. The Bear Island containerboard facility will be coming online this quarter bringing greater operational efficiencies. The tissue business has been impacted by cost inflation and lags in realizing price increases but it is anticipated that pulp and recovered paper prices will moderate and higher margins can be achieved.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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