Javed Mirza, technical analyst at Canaccord Genuity
Focus: Technical analysis


MARKET OUTLOOK

An intermediate-term (one to two months) corrective phase is taking hold in equity markets. In our view, this corrective phase is healthy and will help to work off the overbought conditions that have taken hold after the sharp rally since December.

This corrective phase should be the springboard for a rally to new highs into the third or fourth this year.

TOP PICKS

Javed Mirza's Top Picks

Javed Mirza of Canaccord Genuity shares his top picks: Shopify, B2Gold and Kirkland Lake.

SHOPIFY (SHOP.TO)
B2GOLD (BTO.TO)
KIRKLAND LAKE GOLD (KL.TO)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
SHOP N N Y
BTO N N N
KL N N Y

 

PAST PICKS: APRIL 9, 2019

Javed Mirza's Past Picks

Javed Mirza of Canaccord Genuity reviews his past picks: Constellation Software, Teck Resources and Air Canada,.

CONSTELLATION SOFTWARE (CSU.TO)

  • Then: $1,165.98
  • Now: $1,174.78
  • Return: 1%
  • Total return: 1%

TECK RESOURCES (TECKb.TO)

  • Then: $32.23
  • Now: $28.35
  • Return: -12%
  • Total return: -12%

AIR CANADA (AC.TO)

  • Then: $32.32
  • Now: $38.88
  • Return: 20%
  • Total return: 20%

Total return average: 3%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
CSU N N Y
TECKb N N Y
AC N N Y

 

FUND PROFILE

CG Focused Equity Portfolio
Performance as of: May 14, 2019

  • 1 month: 0.6% fund, -1.0% index
  • 1 year: 4.9% fund, 4.5% index
  • Inception (January 26, 2018): 7.8% fund, 4.4% index

INDEX: TSX.
Returns are based on reinvested dividends, net of fees and annualized.

TOP 5 HOLDINGS

  1. Royal Bank: 8%
  2. TD Bank: 7%
  3. Suncor Energy: 5%
  4. Enbridge: 5%
  5. CN Rail: 4%

WEBSITE: https://www.canaccordgenuity.com/capital-markets/what-we-do/research--strategy/
TWITTER: @canaccorgenuity