David Burrows, president and chief investment strategist at Barometer Capital Management
Focus: North American large caps


MARKET OUTLOOK

Our view remains that we are in a long-term structural bull market. Equity markets will have a lot to churn through here as we reopen the global economy. At this point, the rally off of March lows has discounted a lot. Much has changed over the last few months, from consumer trends to the way business is conducted. As such, we favour large-cap ideas exposed to industries and themes that benefit from these changes. Equity markets sit bifurcated with the world looking better post-COVID than it did pre-COVID for some sectors, while some sectors, specifically financials and industrials, remain challenged.

TOP PICKS

David Burrows' Top Picks

David Burrows of Barometer Capital shares his top picks: Amazon, Newmont and Nvidia.

AMAZON (AMZN NASD)

NEWMONT CORPORATION (NGT NYSE)

NVIDIA CORPORATION (NVDA NASD)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
AMZN N N Y
NGT N N Y
NVDA N N Y

 

PAST PICKS: JUNE 27, 2019

David Burrows' Past Picks

David Burrows of Barometer Capital reviews his past picks: Air Canada, CP Rail and Honeywell.

AIR CANADA (AC TSX)
Sold on Jan. 23 at $48.06.

  • Then: $40.60
  • Now: $13.61
  • Return: -66%
  • Total return: -66%

CP RAIL (CP TSX)

  • Then: $306.75
  • Now: $312.62
  • Return: 2%
  • Total return: 3%

HONEYWELL INTERNATIONAL (HON NYSE)
Sold on Oct. 11, 2019 at $163.97.

  • Then: $173.84
  • Now: $121.28
  • Return: -30%
  • Total return: -29%

Total return average: -31%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
AC N N N
CP N N Y
HON N N N