Keith Richards’ Top Picks for May 5, 2026

Keith Richards, President and Chief Portfolio Manager, ValueTrend Wealth Management

Focus: Technical analysis

MARKET OUTLOOK:

A ceasefire was extended but talks have broken off again, and the blockades of the Strait of Hormuz are back.

Markets are yo-yo-ing. It’s a classic battle — fear vs. greed.

All that muscle memory and recency bias of “buying the dip” have taken over. At this moment, it appears that investors want to believe in a scenario like the April 2025 “Liberation Day” selloff.

In other words, a v-reversal market correction that leads into a booming stock market, like in 2025. It could very well be that the market continues its tear. Problem being: market breadth.

Broader based and less tech heavy indices like the New York Stock Exchange (NYSE) composite index and the Dow Jones Industrial Average (DJIA) are underperforming the tech heavy Standard and Poor’s Exchange (SPX) and the National Association of Securities Dealers Automated Quotations (NASDAQ) – the artificial intelligence (AI) and the iShares Semiconductor ETF (SOXX) stocks have been the drivers. If breadth does not improve I will question the sustainability of this rally.

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TOP PICKS:

Keith Richards' Top Picks: Peyto, Mosaic & George Weston Keith Richards, president and chief portfolio manager at ValueTrend Wealth Management, shares his top stock picks to watch in the market.

Peyto (PEY TSX)

Oil and gas name, coming off trendline. We’ve owned it for two years, still like.

Mosaic (MOS NYSE)

Agriculture, nutrients and fertilizers. It’s at the bottom of a trading range. Operating delays have depressed stock, but it is oversold.

George Weston (WN TSX)

Boring grocery stock in an uptrend. Good defensive position.

DISCLOSURE	PERSONAL	FAMILY	PORTFOLIO/FUND
PEY TSX	Y	N	Y
MOS NYSE	Y	N	Y
WN TSX	Y	N	Y

PAST PICKS: MARCH 3, 2026

Keith Richards' Past Picks: Brookfield Infrastructure, AtkinsRéalis & Archer-Daniels-Midland Keith Richards, president and chief portfolio manager at ValueTrend Wealth Management, discusses his past stock picks and how they're doing in the market today.

Brookfield Infrastructure (BIP.UN TSX)

Then: $53.71

Now: $48.87

Return: -9%

Total Return: -9%

AtkinsRéalis (ATRL TSX)

Then: $96.91

Now: $96.02

Return: -0.9%

Total Return: -0.9%

Archer-Daniels-Midland Company (ADM NYSE)

Then: US$67.99