In this episode of In the Money with Amber Kanwar we sit down with veteran investor Gordon Reid of Goodreid Investment Counsel who is actively searching for value beyond the usual Magnificent 7 names. Reid explains how he’s managed to outperform by picking strong performers across the other 493 names in the S&P 500—and where he’s finding the most overlooked opportunities today. Although he does hold some of the usual big tech stocks, he shares 7 stock ideas outside of the Mag 7 that he believes are positioned to outperform, spanning financials, healthcare, and industrials. Reid offers his long-term perspective on tech concentration, American exceptionalism, and why the AI revolution is still in its early innings. In the mailbag, he weighs in on Novo Nordisk (NVO), Eli Lilly (LLY), Merck (MRK), Elevance Health (ELV), UnitedHealth (UNH), Visa (V), Uber (UBER), and RTX (RTX) — revealing which ones he’s buying, avoiding, or watching closely. Plus: Reid’s Pro Picks are all about U.S. financials. Find out why he likes Goldman Sachs (GS), Morgan Stanley (MS), and under-the-radar Jackson Financial (JXN) — and what he sees as the next big catalyst for the sector. 💬 Got questions? Drop them in the comments or email us at
[email protected] 📩 Don’t forget to subscribe and turn on notifications for more expert market insights! Timestamps 00:00 Show intro with Executive Producer Jillian 03:20 Amber welcomes Gordon Reid 04:30 Gord thinks U.S. exceptionalism is evolving, but there’s a big opportunity in the U.S. 05:30 Thoughts on the AI revolution 08:00 How to balance tech exposure with everything else 11:30 What about tariffs? 14:00 ITM Mailbag: U.S. pharma and Novo Nordisk stock (NVO) 20:00 Elevance Health stock (ELV) 24:40 Visa stock (V) 28:40 RTX stock (RTX) 32:45 Gordon’s thoughts on using CDRs 35:25 Uber stock (UBER) 44:30 Gordon’s Pro Picks: U.S. Banks Sponsors This episode is sponsored by BMO InvestorLine. Learn more at https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20 For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit raymondjames.ca today to discover how you can live a life well planned. Pro Picks is brought to you by ATB Financial. Visit ATB.com/inthemoney for more information. Links https://inthemoneypod.com/ https://instagram.com/inthemoneypod https://facebook.com/profile.php?id=61569721774740 https://twitter.com/inthemoneypod https://tiktok.com/@inthemoneypod
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