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


MARKET OUTLOOK

The cycle has gone on for a long time. Warning signs are gathering, from an inverted yield curve to world PMIs below 50 to lacklustre earnings.

Will the Fed respond in time and do enough? Will the U.S. and China progress sufficiently? These two factors will likely decide the near-term fate of the market.

At record highs, both the bulls and the bears are nervous. Should one remain long? If you don’t have one already, now is the time to have an asset allocation that’s proper for your financial considerations and temperament. Select stocks that are capable of playing both offense and defence in this environment.

TOP PICKS

Greg Newman's Top Picks

Greg Newman of Scotia Wealth shares his top picks: Restaurant Brands, Intact Financial and Citigroup.

RESTAURANT BRANDS INTERNATIONAL (QSR.TO)

INTACT FINANCIAL (IFC.TO)

CITIGROUP (C.N)

All three of these stocks offer investors an attractive growth profile at a reasonable prices while earning dividends.

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
QSR Y Y Y
IFC Y Y Y
C Y Y Y

 

PAST PICKS: JULY 26, 2018

Greg Newman's Past Picks

Greg Newman of Scotia Wealth reviews his past picks: Restaurant Brands, Intact Financial and Citigroup.

BANK OF MONTREAL (BMO.TO)

  • Then: $103.90
  • Now: $99.10
  • Return: -5%
  • Total return: -1%

MANULIFE FINANCIAL (MFC.TO)

  • Then: $24.10
  • Now: $24.14
  • Return: 0.2%
  • Total return: 4%

FINNING INTERNATIONAL (FTT.TO)

  • Then: $33.29
  • Now: $22.99
  • Return: -31%
  • Total return: -29%

Total return average: -9%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
BMO Y Y Y
MFC Y Y Y
FTT Y Y Y

 

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