Full episode: Market Call Tonight for Wednesday, June 19, 2019
Greg Newman, director and portfolio manager at Scotia Wealth Management
Focus: North American dividend stocks and protection strategies
- The cycle has gone on for a long time.
- Warning signs are gathering.
- Yield curve has inverted.
- World Purchasing Managers' Indexes are below 50.
- Earnings estimates being ratcheted down.
Will the Fed do enough to respond in time? Will the U.S. and China get back on track? These two factors will likely decide if we avoid a recession.
If you do not have one already, now is the time to have an asset allocation that is right for your financial considerations and temperament. Select stocks that are capable of playing both offense and defense in this environment.
ALGONQUIN POWER (AQN.TO)
Algonquin Power offers investors an attractive growth profile at a reasonable price with a solid and growing dividend.
BROOKFIELD INFRASTRUCTURE PARTNERS (BIP_u.TO)
This company offers investors an attractive growth profile with a solid and growing distribution.
RESTAURANT BRANDS INTERNATIONAL (QSR.TO)
Restaurant Brands offers investors an attractive growth profile while earning a nice, competitive dividend
PAST PICKS: June 21, 2018
BROOKFIELD PROPERTY PARTNERS (BPY_u.TO)
- Then: $26.10
- Now: $25.56
- Return: -2%
- Total return: 5%
INTACT FINANCIAL (IFC.TO)
- Then: $95.39
- Now: $123.21
- Return: 29%
- Total return: 33%
AECON GROUP (ARE.TO)
- Then: $15.71
- Now: $19.65
- Return: 25%
- Total return: 29%
Total return average: 22%