Viewpoints by Emory W. (Sandy) Sanders, Jr., CFA, Senior Portfolio Manager at Manulife Investment Management

Sandy is a senior managing director and senior portfolio manager at Manulife Investment Management. He's the co-leader of the U.S. core value equity team, which manages large-cap value, large-cap core, and all-cap core strategies. Prior to joining the firm in 2010, Sandy was a director, portfolio manager, and senior equity analyst with the large-cap equity research team at Wells Capital Management, after beginning his career in 1998 as an equity analyst with Evergreen Investments. Sandy earned a B.A. from the University of Vermont, holds the Chartered Financial Analyst designation, and is a member of the CFA Society Boston.
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Weighing opportunity when markets spin out of control
As the COVID-19 crisis deepened and market volatility spiked, Sandy Sanders and his team acted fast to reposition portfolios based on their worst-case stock analysis.
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The millennial consumer and the future of U.S. growth
Are millennial consumers ready to carry the productivity torch? We explore how millennials are contributing to U.S. growth while making sustainability a priority.
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Telecom sector gives way to communication services
The telecommunications sector is being revamped and renamed communication services. We discuss the rationale for this change and what it means for investors.
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Amazon proves it's anything but overvalued
In its Q2 earnings results, Amazon showed it can still be a major disruptor. We discuss the impact of high-margin business on the e-commerce giant’s bottom line.
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Don't lose sleep over tariffs and trade wars
Despite concerns over protectionist trade policy, a healthy consumer, housing market, and financial system could trump the effects of tariffs and trade tensions.
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Are equity valuations too hot? Not for value creators
Equity valuations have risen, but an upward price trajectory may still be warranted for companies generating high returns on capital and compounding those cash flows.
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Earnings power is propelling the bull market into its next stage
Now in its ninth year, the U.S. equity bull market appears to be entering a new phase, with positive earnings momentum replacing accommodative monetary policies as the key catalyst.
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Equity valuations: fair, but the market is stocked with active opportunity
The current stock market environment is near its long-term average multiple of forward earnings, yet if you examine the individual layers beneath the surface, they reveal stocks and sectors that are clearly mispriced.
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U.S. large-cap stocks are on sale following the market pullback
January's correction put high-quality U.S. large-cap stocks on sale, and we believe we're positioned to benefit from the volatility.
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