Start Listening

Pro Picks: 3 Oversold Stocks

Top investment ideas from Liz Miller of Summit Place Financial

3 Beaten Down Stocks to Buy for 3-5 year Hold

Liz Miller of Summit Place Financial joins us to share her top three stock picks. Before diving into the stocks, Liz outlines her guiding theme: selecting stocks from diverse industries that are significantly down from their peaks but have strong long-term potential. These picks reflect areas of the economy facing uncertainty but are likely to recover once clarity returns.

Pro Picks is brought to you by ATB Financial. With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. ATB’s Capital Markets arm is a full-service investment dealer that offers investment and corporate banking, sales and trading, institutional research, and risk management. Visit www.ATB.com/inthemoney for more information

  1. Evercore (EVR)

  • Overview: Evercore, a boutique M&A firm with some asset management activity, is down 45% since September due to a stalled IPO market and reduced M&A activity.

  • Why Liz Likes It:

    • 70% of Evercore’s revenues come from the U.S., insulating it from tariff risks as a service company.

    • Strong balance sheet with a $14 billion buyback program.

    • Expected recovery in M&A activity once market certainty returns, making this a compelling entry point.

  • Outlook: With a 2-year horizon, Evercore is poised for upside as M&A and IPO markets rebound.

  1. GE Healthcare (GEHC)

  • Overview: GE Healthcare, spun off from GE in early 2023, is a leading manufacturer of imaging equipment (MRIs, CTs, ultrasounds). The stock dropped 16% in one day on tariff concerns in early April.

  • Why Liz Likes It:

    • Current tariffs are estimated to impact margins by only 10 basis points, less severe than analyst fears.

    • GE Healthcare is integrating AI into its imaging software, enhancing diagnostics and enabling personalized therapies, positioning it for transformative growth in healthcare.

    • Despite supply chain concerns from China, global demand for its equipment remains strong.

  • Earnings Context: Reports results on April 30, 2025. Investors seek guidance on supply chain risks and order backlogs, as customers delay purchases amid uncertainty.

  • Outlook: A 2-year investment horizon is recommended, with AI-driven innovation and recovering demand driving upside.

3. Carlisle Companies (CSL)

  • Overview: Carlisle Companies (ticker: CSL, not to be confused with Carlyle Group, CG) specializes in highly engineered roofing and waterproofing. The stock has fallen from $480 to $350, hit by a slowdown in commercial construction and broader homebuilding challenges.

  • Why Liz Likes It:

    • 90% of revenues are U.S.-based, reducing tariff exposure on the supply side.

    • Exposure to retrofits and repairs provides steady demand, as homeowners and businesses maintain existing properties amid high interest rates.

    • Trading at 16x this year’s earnings, the stock offers value with consistent product demand.

  • Earnings Context: Reports on Wednesday, April 23, 2025, before the market opens.

  • Outlook: Carlisle benefits from near-term clarity on tariffs and longer-term growth as construction rebounds. Its retrofit business performed well last year despite high rates, and roof replacement demand remains resilient.

Podcast Episodes