About this episode

Paul Harris discusses how to identify and invest in underperforming stocks while avoiding value traps.

Value traps can destroy your portfolio—but the right turnaround stock can be a game changer. How do you tell the difference? On this episode of In the Money with Amber Kanwar , Paul Harris, Portfolio Manager at Harris Douglas Asset Management, explains his framework for buying underperforming stocks without getting burned. He also shares why he wants nothing to do with SpaceX at current valuations, arguing the company is priced far ahead of its fundamentals despite the excitement around the space race. The conversation also dives into Elon Musk's biggest strengths—and what Paul believes are his biggest blind spots as an operator and capital allocator. In the Mailbag, Paul tackles some of the market's biggest turnaround stories. He explains why he'd rather own MDA (MDA.TO) than SpaceX to play the booming satellite industry, whether BCE (BCE.TO) or TELUS (T.TO) offer compelling value after years of underperformance, and why BlackBerry (BB.TO) still looks too speculative despite its massive rally. He also breaks down whether CAE (CAE.TO) can benefit from the global defense spending boom, why he's warming up to FedEx (FDX) after its restructuring, why Campbell's (CPB) is a classic…

People in this episode

Host: Amber Kanwar

Guest: Paul Harris

Topics covered

• investing strategies
• underperforming stocks
• value traps
• market analysis
• turnaround stories
• capital allocation

Keywords

• underperforming stocks
• value traps
• turnaround stocks
• market analysis
• investment strategies
• capital allocation
• SpaceX
• BCE
• Nike

Mentioned in this episode

Organizations: Harris Douglas Asset Management, SpaceX, MDA, BCE, TELUS, BlackBerry, CAE, FedEx, Campbell's, Nike

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