Q: Undervalued sectors, I think the CAD banks are on the high side now, thinking of rebalancing with the gains I had, but looking into what sectors are now undervalued. Any suggestions.
5i Research Answer:
With the recent run in the TSX, there aren't too many sectors that look 'clearly' undervalued (but also not at levels that are particularly concerning). Industrials in Canada are a bit cheaper than peers in other geographies due to concerns over tariffs and energy continues to look cheap but this dynamic might continue for some time.