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.
  • 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.

TOP PICKS

Greg Newman's Top Picks

Greg Newman of Scotia Wealth Management shares his top picks: Algonquin Power, Brookfield Infrastructure Partners and Restaurant Brands International.

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

DISCLOSURE PERSONAL  FAMILY PORTFOLIO/FUND
AQN Y Y Y
BIP_u Y Y Y
QSR Y Y Y

PAST PICKS: June 21, 2018

Greg Newman's Past Picks

Greg Newman of Scotia Wealth Management reviews his past picks: Brookfield Property Partners, Intact Financial and Aecon Group.

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%

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
BPY_u Y Y Y
IFC Y Y Y
ARE Y Y Y