Prakash Hariharan, CEO of Analytixinsight
Focus: North American large caps and dividend-paying stocks
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MARKET OUTLOOK
The markets are testing the 3 per cent yield of the U.S. 10-year as a threshold for risk. The swing is earnings yield, with tax reform in the U.S. providing a tailwind. This is an environment for stock picking, with strong fundamentals set to drive value. It could potentially mark the return of value investors, who've been on the sidelines in the high-growth environment of the last three years. The silver lining will be in the tech names, as areas like machine learning, the Internet of things and and artificial intelligence gain penetration. These will transform businesses, particularly in the fintech and enterprise world.
TOP PICKS
ALGONQUIN POWER (AQN.TO)
FAIRFAX FINANCIAL (FFH.TO)
SNC-LAVALIN (SNC.TO)
| DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
|---|---|---|---|
| AQN | Y | N | N |
| FFH | Y | N | N |
| SNC | Y | N | N |
WEBSITE: www.analytixinsight.com
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