John O'Connell, chairman and CEO at Davis Rea
Focus: North American large caps
MARKET OUTLOOK
The market is quickly approaching most people's year-end targets. It had a very strong fourth quarter to finish of 2019 and we've continued that pace into the new year. I think a lot of people are calling into question the ability for the market to keep doing this and, of course, it's unlikely you'll see it going up every single day ... But the combination of decent economic activity, a moderation in the trade rhetoric, and the fact interest rates are going to remain low for a long period of time has given markets a lot of comfort. There not being a lot of alternatives out there means stocks have been getting their fair share of attention these days.
TOP PICKS
AMAZON (AMZN NASD)
UNITEDHEALTH (UNH NYSE)
VISA (V NYSE)
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| AMZN | Y | Y | Y |
| UNH | Y | Y | Y |
| V | Y | Y | Y |
PAST PICKS: FEB. 4, 2019
ALPHABET (GOOGL NASD)
- Then: $1,141.42
- Now: $1,479.52
- Return: 30%
- Total return: 30%
STRYKER (SYK NYSE)
- Then: $177.14
- Now: $212.17
- Return: 20%
- Total return: 21%
RAYTHEON (RTN NYSE)
- Then: $174.65
- Now: $231.34
- Return: 32%
- Total return: 35%
Total return average: 29%
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| GOOGL | Y | Y | Y |
| SYK | Y | Y | Y |
| RTN | Y | Y | Y |
TWITTER: @DavisReaLtd
WEBSITE: davisrea.com
Advertisement