Greg Newman, director and portfolio manager at Scotia Wealth Management
Focus: North American dividend stocks and protection strategies


MARKET OUTLOOK

Equity markets at times can be generous. Now is possibly one of those times. Central banks are favourable, liquidity is plentiful, fiscal policy is becoming supportive, things look clearer on the trade front, Brexit uncertainty is close to dissipating and the global economy is likely bottoming this quarter. U.S. stocks aren't cheap, but they're not terribly expensive relative to interest rates. Most of the rest of the world is less expensive and while there may be less opportunities than before, they still exist in all regions.

TOP PICKS

FACEBOOK (FB NASD)

Offers investors an exciting play on online advertising at a reasonable valuation for its anticipated growth.

AMAZON (AMZN NASD)

Offers investors an exciting play on e-commerce, advertising and web services.

FINNING INTERNATIONAL (FTT TSX)

Offers investors a low-cost way to play an improvement in the machinery space while earning an attractive dividend.

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
FB Y Y Y
AMZN Y Y Y
FTT Y Y Y

 

PAST PICKS: JAN. 18, 2019

Greg Newman's Past Picks

Greg Newman reviews his past picks: Alphabet, Brookfield Infrastructure and Bank of America.

ALPHABET (GOOG NASD)

  • Then: $1098.26
  • Now: $1429.73
  • Return: 30%
  • Total return: 30%

BROOKFIELD INFRASTRUCTURE PARTNERS (BIP-U TSX)

  • Then: $52.14
  • Now: $65.45
  • Return: 26%
  • Total return: 31%

BANK OF AMERICA (BAC NYSE)

  • Then: $29.30
  • Now: $34.74
  • Return: 19%
  • Total return: 21%

Total return average: 27%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
GOOG Y Y Y
BIP-U Y Y Y
BAC Y Y Y

 

WEBSITE: www.newmangroup.com