David Burrows, president and chief investment strategist at Barometer Capital Management

FOCUS: North American large cap stocks


MARKET OUTLOOK:

The Barometer investment team continues to focus portfolios in more cyclical, economically sensitive sectors positioned to benefit from stronger than consensus  reflationary economic cycle. These sectors in general appear to be under owned and include financials, industrials, basic materials, and consumer discretionary.

The team also has an above average weighting in global equities (Asia and Europe) to take advantage of the earnings leverage driven by a likely synchronized acceleration in demand.

Barometer believes that this upcoming cycle is likely the first in a longer term or secular reflationary period that could last 10 to 15 years.

TOP PICKS:

David Burrows' Top Picks

David Burrows, president and chief investment strategist at Barometer Capital Management, discusses his top picks: CP Rail, National Bank and Freeport-McMoRan.

Canadian Pacific Rail (CP TSX)

National Bank of Canada (NA TSX)

Freeport-McMoRan (FCX NYSE)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
 CP TSX N
 NA TSX  N 
 FCX NYSE  N 

 

PAST PICKS: May 14, 2020

David Burrows' Past Picks

David Burrows, president and chief investment strategist at Barometer Capital Management, discusses his past picks: Amazon, Newmont Corporation and Nvidia.

Amazon (AMZN NASD) -  last sold @ $3,048 on March 25th, 2021

  • Then: $2,388.85
  • Now: $3,359.60
  • Return: 41%
  • Total Return: 41%

Newmont Corporation (NEM NYSE)

  • Then: $66.64
  • Now: $66.08
  • Return: -1%
  • Total Return: +2%

Nvidia (NVDA NASD) – last sold @ $470.02 on March 8th, 2021

  • Then: $321.22
  • Now: $508.78
  • Return: 90%
  • Total Return: 90%

Total Return Average: 44%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
 AMZN NASD  N
 NEM NYSE  Y
NVDA NASD   N