Nov 7, 2016
Brian Acker's Top Picks: November 7, 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 early stages of a secular bull market with the U.S. dollar (it’s been three years since I first started mentioning this on BNN). This will keep rates of return of all U.S. assets, including equities, real estate, etc., stable compared with the rest of the world. I also believe 2017 will be about the big “macro.” Macro issues and central banks will dominate fundamentals instead of an individual’s stock fundamentals. Macro issues include interest rates, currency movements, hot money flows and obviously the U.S. presidential results.
TOP PICKS
UNION PACIFIC (UNP.N) – Last purchased at $95.41 on August 31, 2016, upside to model price of 22 per cent as of November 4, 2016.
CISCO SYSTEMS (CSCO.O) – Last purchased at $31.80 on September 30, 2016, upside to model price of 42 per cent as of November 4, 2016.
WALMART (WMT.N) - Last purchased at $71.43 on August 31, 2016, upside to model price of 15 per cent as of November 4, 2016.
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
UNP | Y | Y | N |
CSCO | Y | Y | N |
WMT | Y | Y | N |
PAST PICKS: OCTOBER 26, 2015
GENERAL ELECTRIC (GE.N)
- Then: $29.55
- Now: $29.08
- Return: -1.58%
- TR: 1.46%
NEWMONT MINING (NEM.N)
- Then: $18.80
- Now: $35.90
- Return: 90.95%
- TR: 91.64%
GILEAD SCIENCES (GILD.O)
- Then: $108.63
- Now: $74.53
- Return: -31.39%
- TR: -29.95%
TOTAL RETURN AVERAGE: +21.05%
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
GE | Y | Y | N |
NEM | Y | Y | N |
GILD | Y | Y | N |
FUND PROFILE: ACKER FINLEY SELECT US VALUE 50 F
PERFORMANCE AS OF SEPTEMBER 30, 2016:
- 1 month: Fund 0.79%, Index* 0.19%
- 1 year: Fund 4.60%, Index* 13.15%
- 3 year: Fund 15.83%, Index* 20.65%
* Index: S&P 500 Total Return
* Net of fees
TOP HOLDINGS AND WEIGHTINGS
- Union Pacific: 3.4%
- Verizon Comm: 3.2%
- Exxon Mobil: 3.1%
- Microsoft: 3.1%
- J&J: 3.1%
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