LDIC
Latest Top Picks
Bank outlook in Canada He's holding tight and has been underweight banks for some time, because interest rates are low. Long-term, he's done well with TD, though last year saw only a modest return. He also owns Royal, and likes both. He isn't adding to his positions.
(A Top Pick Mar 06/19, Up 27%) Management is doing everything they should. They just bought assets in the massive California market as well as in the Caribbean. They leveraged some refining capacity to send fuel to some locations. They buy wholesale that they refine, then sell it at retail--that's the spread they make. Happy to hold this. It's a mini-Couche Tard (ATD'B), but PKI more nimble in making acquisitions and own a refinery.
(A Top Pick Mar 06/19, Up 27%) Management is doing everything they should. They just bought assets in the massive California market as well as in the Caribbean. They leveraged some refining capacity to send fuel to some locations. They buy wholesale that they refine, then sell it at retail--that's the spread they make. Happy to hold this. It's a mini-Couche Tard (ATD'B), but PKI more nimble in making acquisitions and own a refinery.
One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.
One of his largest holdings. They fly Air Canada's regional routes, a deal signed through 2035 and have ratified the pilot agreement. Pays a good 6% yield with a stable free cash flow. Also, they lease regional planes internationally, which adds to growth. They can grow, and they have capital behind the company. Really likes the story. If the coronavirus does pressure this stock, then buy the dip.
BAM or another Brookfield stock? He once owned all the Brookfields--but you don't need to. BAM'A exposes you to all the stocks. Very stable. They have no problem raising capital and know how to put it to work. He also owns BIP.UN, which will outperform BAM'A long term, but is a little more volatile. You can't go wrong with any Brookfield stock.
BAM or another Brookfield stock? He once owned all the Brookfields--but you don't need to. BAM'A exposes you to all the stocks. Very stable. They have no problem raising capital and know how to put it to work. He also owns BIP.UN, which will outperform BAM'A long term, but is a little more volatile. You can't go wrong with any Brookfield stock.
