Investment manager

Alto Capital investment manager talks market outlook and small cap picks

Alto Capital investment manager Tony Locantro brings Proactive viewers an update on all the market moves as economists eagerly await news of the recession. Amid volatility and a correction in copper, Locantro says there’s not much love for the small-cap sector right now, but hot money is changing hands as results of exploration are coming. On that note, Locantro has its eye on Eagle Mountain Mining, Aurumin, Cobre and Demetallica, and on the biotech side, the investment manager is watching Nyrada (ASX:NYR) and Proteomics. Bottom line, Locantro says investors shouldn’t get too bogged down in intraday stock price movements. He thinks promising stocks can come back amid index risks and market corrections if traders are patient and keep a steady hand.

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