Nov 15, 2016
John Burke's Top Picks: November 15, 2016
BNN Bloomberg
John Burke, CEO and chief investment officer at Burke Financial Strategies
Focus: U.S. equities
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MARKET OUTLOOK
We think it’s quite possible that this is the peak of Trump mania, and would be cautious on Trump’s ideas — even infrastructure repair, which most Democrats agree with. Making statements and getting things done are two different things.
TOP PICKS
WALGREENS (WBA.O)
7.4 per cent free cash flow yield, growing revenues at 10 per cent per year. Stable healthcare stock.
MANULIFE (MFC.N)
Toronto-based insurer. One third Canadian, one third U.S., and one third Asian by way of profits. Very high free cash flow yield. Growing through Asia.
WYNDHAM (WYN.N)
Half share company, half hotel company. Nine per cent free cash flow yield. Fourteen P/E.
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
WBA | Y | Y | Y |
MFC | Y | Y | Y |
WYN | Y | Y | Y |
PAST PICKS: AUGUST 22, 2016
AMERIPRISE FINANCIAL (AMP.N)
- Then: $96.81
- Now: $112.50
- Return: 16.20%
- TR: 17.20%
KEYCORP (KEY.N)
- Then: $12.18
- Now: $16.68
- Return: 36.98%
- TR: 36.98%
PRINCIPAL FINANCIAL GROUP (PFG.N)
- Then: $47.17
- Now: $56.99
- Return: 20.81%
- TR: 21.82%
TOTAL RETURN AVERAGE: +25.33%
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
---|---|---|---|
AMP | Y | Y | Y |
KEY | Y | Y | Y |
PFG | Y | Y | Y |
WEBSITE: burkefinancialstrategies.com