Top picks from Stan Wong, portfolio manager at Scotia Wealth Management
Stan Wong, portfolio manager at Scotia Wealth Management, discusses his top picks: Mercedes-Benz Group, Starbucks, and Walt Disney.Mercedes-Benz, formerly Daimler AG, is one of the world’s leading manufacturers of premium and luxury cars and vans. Mercedes-Benz is a clear global leader in luxury automobiles and product innovation, selling its vehicles and services in nearly every country across the globe. The company has about €150 billion in forecasted fiscal year 2023 revenue.
The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to licensed partners, ready-to-drink beverages, packaged coffee, and single-serve products. Earlier this month, management reaffirmed its financial forecasts for the fiscal year. Over the next few years, management aims to return US$20 billion to shareholders in the form of dividend increases and share buybacks.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Stan Wong's Top Picks: February 14, 2023 - BNN BloombergTop picks from Stan Wong, portfolio manager at Scotia Wealth Management
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