Alger Director of Market Strategy Brad Neuman sits down with the Catalysts Hosts Seana Smith and Madison Mills to discuss investment opportunities in the new year, with a particular focus on the real estate sector. Given the US housing shortage of around 2 million homes, Neuman sees strong demand for new construction and remodeling. Neuman explains that Alger’s investment strategy focuses on “looking for companies that are gaining market share.” “If we can find them in industries that are cyclically down on their luck and could recover, then we can get a really quality growth stock at a cheaper price," he said. Watch the video above to see why Neuman likes Trex (TREX) as one housing play.
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