Full episode: Market Call Tonight for Friday, February 23, 2018
Greg Newman, senior wealth advisor, director and portfolio manager at the Newman Group, Scotia Wealth Management
Focus: Canadian dividend stocks and protection strategies
The one-sided market that we’ve enjoyed since Donald Trump’s victory has likely ended, as fears of inflation, rising rates, Trump protectionism and ballooning deficits begin to percolate.
I believe volatility will continue to be higher. That said, markets will ultimately climb the wall of worry and grind higher as earnings growth overpowers the negatives for now.
While the ride may be bumpier, it’s still not time to get off.
We believe Nutrien offers investors robust earnings growth with a well-covered and growing dividend at a reasonable price.
PEMBINA PIPELINE (PPL.TO)
Pembina offers investors attractive earnings growth with a well-covered and growing dividend at an attractive price.
RESTAURANT BRANDS (QSR.TO)
Restaurant Brands offers investors an exciting earnings growth rate with an attractive dividend at a reasonable price.
PAST PICKS: MARCH 24, 2017
Taken over by Pembina Pipeline (PPL.TO) in October, 2017.
- Then: $14.01
- October 2017: $18.51
- Return: 32.11%
- Total return: 36.68%
ALGONQUIN POWER (AQN.TO)
- Then: $12.77
- Now: $12.78
- Return: 0.07%
- Total return: 4.61%
BMO EQUAL WEIGHT U.S. HEDGED TO CAD INDEX ETF (ZUB.TO)
- Then: $25.34
- Now: $31.93
- Return: 26.00%
- Total return: 27.52%
Total return average: 22.93%