Darren SissonsNestle SANESN-SIXTOP PICKOct 07, 2024

Ballast for your portfolio giving you income if the market sells off. Dividend grows at 6% in CAD terms. Largest global consumer franchise. "Dividend" is almost a 4-letter word in this market, so you can buy these companies cheaper. Very attractively priced. (Price target in Swiss francs.) Yield is 3.89%.

It reports in Swiss Francs. It has created its own challenges and in the past took a lot of money out of the business through net working capital. It is quite cheap and good for the long term but there are better opportunities for shorter term buys.

Bit of a turnaround story at the moment. Cheap, low-beta ballast for your portfolio. Pays in Swiss francs, which is a rising structural growth currency.

They sell ubiquitous goods, not luxury, but lower-priced. Pays under a 4% dividend and likely give you less volatility than the market. Is steady and  good to own.