Dec 6, 2016
Brian Acker's Top Picks: December 6, 2016
BNN Bloomberg
Brian Acker, president, CEO and chief investment strategist at Acker Finley
Focus: North American large caps
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MARKET OUTLOOK
I believe we are in the middle stages of a secular bull market in the U.S. dollar (now four years old since I first started mentioning this on BNN). This will ignite rates of return of all U.S. assets including equities, real estate, etc. I also believe 2017 will be about the big macro. Macro issues and central banks will dominate fundamentals instead of individual stock fundamentals. Macro issues will include interest rates, currency movements and hot money flows.
As we leave 2016, global fiscal policy will come front and centre — from Trump’s fiscal plans to build infrastructure in the U.S., to fiscal plans worldwide as politicians are finding out austerity means loss of elections and power.
TOP PICKS
CITIGROUP (C.N) - Last purchased at $49.69 on October 28, 2016. Upside to model price of 15 per cent as of December 5, 2016.
AIG (AIG.N) – Last purchased at $49.16 on January 30, 2015. Upside to model price of 17 per cent as of December 5, 2016.
EXXON MOBIL CORP (XOM.N) - Last purchased at $90.08 on February 11, 2015. Upside to model price of -2 per cent as of December 5, 2016.
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
C | Y | Y | N |
AIG | Y | Y | N |
XOM | Y | Y | N |
PAST PICKS: DECEMBER 8, 2015
GENERAL ELECTRIC (GE.N)
- Then: $30.19
- Now: $31.10
- Return: +3.03%
- TR: +6.23%
APPLE (AAPL.O)
- Then: $118.23
- Now: $109.67
- Return: -7.24%
- TR: -5.17%
BANK OF AMERICA (BAC.N)
- Then: $17.19
- Now: $21.82
- Return: +26.96%
- TR: +28.91%
TOTAL RETURN AVERAGE: +9.99%
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
GE | Y | Y | N |
AAPL | Y | Y | N |
BAC | Y | Y | N |
FUND PROFILE: ACKER FINLEY SELECT US VALUE 50 F
PEFORMANCE AS OF OCTOBER 31, 2016:
- 1 month: Fund 0.18%, Index* 0.12%
- 1 year: Fund 0.38%, Index* 7.06%
- 3 years: Fund 13.98%, Index* 18.33%
* Index: S&P 500 Total Rate of Return in Canadian dollars, from Globefund.com
* Net of fees
TOP HOLDINGS AND WEIGHTINGS
- Union Pacific: 5.6%
- Verizon Communications: 4.8%
- General Motors: 4.6%
- ExxonMobil: 4.6%
- Wal Mart: 4.5%
TWITTER: @modelpriceguy
BLOG: http://modelprice.wordpress.com