Kash Pashootan, Senior Vice President and Portfolio Manager at First Avenue Advisory, Raymond James
FOCUS: North American Dividend Stock & Portfolio Construction
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MARKET OUTLOOK:
- Market is expensive but could easily get more expensive
- Cash on the sidelines is essential
- Traditional safe-haven stocks don’t look so safe
Top Picks:
Apple (AAPL.O) | 13x P/E | 2.1 per cent Yield | Last Buy: Aug 2016
Attractive valuation and favourable timing in the iPhone product cycle.
DineEquity (DIN.N) | 13x P/E | 4.8 per cent Yield | Last Buy: Aug 2016
Attractive valuation combined with growth opportunities from an international expansion.
Novo Nordisk (NVO.N) | 21x P/E | 3.0 per cent Yield | Last Buy: Aug 2016
Largest provider of insulin; margins 2x peers; targeting emerging market expansion.
Disclosure | Personal | Family | Profile/Fund |
---|---|---|---|
DIN | Y | Y | Y |
AAPL | Y | Y | Y |
NVO | Y | Y | Y |
Past Picks: August 14, 2015
TransForce (TFI.TO)
- Then: $24.40
- Now: $26.34
- Return: +7.95%
- TR: +11.14%
BCE (BCE.TO)
- Then: $53.76
- Now: $61.99
- Return: +15.31%
- TR: +20.91%
Apple (AAPL.O)
- Then: $115.96
- Now: $107.03
- Return: -7.70%
- TR: -5.73%
Total Return Average: +8.77%
Disclosure | Personal | Family | Profile/Fund |
---|---|---|---|
TFI | N | N | N |
BCE | Y | Y | Y |
AAPL | N | N | Y |
Twitter: @kashpashootan
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