Greg Newman, senior wealth advisor, director and portfolio manager at the Newman Group, Scotia Wealth Management
Focus: North American dividend stocks and protection strategies

 

MARKET OUTLOOK

Late-cycle volatility, higher rates and trade disputes are creating a very unforgiving environment for investors – most recently, the epicentre being the crowded U.S. markets.

Yet many regions and sectors are already trading at attractive levels unless a recession is looming around the corner.

Have a high enough amount of cash, stay on your asset allocation, but also capitalize on the uncertainty by legging into desirable positions that are priced well relative to their proposition, with a bias to those that pay you to wait.
 

TOP PICKS

BROOKFIELD ASSET MANAGEMENT (BAMa.TO)

Brookfield offers investors an enticing growth profile at a compelling valuation.

NUTRIEN (NTR.TO)

Nutrien offers investors a robust growth profile with an attractive dividend and a compelling valuation.

TRANSCANADA (TRP.TO)

TransCanada investors a reasonable growth profile with an attractive dividend at a compelling valuation.

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
BAMa Y Y Y
NTR Y Y Y
TRP Y Y Y

 

PAST PICKS: DEC. 15, 2017

ENBRIDGE (ENB.TO)

  • Then: $49.89
  • Now: $44.32
  • Return: -11%
  • Total return: -6%

PEMBINA PIPELINE (PPL.TO)

  • Then: $44.46
  • Now: $44.22
  • Return: -1%
  • Total return: 4%

BMO INDIA EQUITY INDEX ETF (ZID.TO)

  • Then: $24.42
  • Now: $24.91
  • Return: 2%
  • Total return: 2%

Total return average: 0%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
ENB  Y Y Y
PPL Y Y Y
ZID Y Y Y

 

WEBSITE: www.newmangroup.ca