Brian Madden
Member since: Aug '16
Senior VP & Portfolio Manager at
Goodreid Investment Council

Latest Top Picks

(A Top Pick Feb 26/19, Up 6%) He is happy with it. It is a core part of this Canadian portfolio. Most of the return was dividend. RY-T has outperformed the TSX for 19 of the last 25 years. These are good odds.
(A Top Pick Feb 26/19, Down 55%) This is nothing but ugly and didn't work out. Sometimes things change that you didn't anticipate. He sold last July. Sometimes your first loss is your best loss. It continued to go down.
(A Top Pick Feb 26/19, Up 16%) They are moving painfully slowly but doing so nonetheless. They deleveraged and sold some core assets. They are spending in the renewable energy sector. He likes it here.
It has been a long standing core holding. It is the 11th largest bank in the world. It has a top ten global capital markets business. The long term outlook is that it should get double digit returns. (Analysts’ price target is $111.50)
They bought all the other publicly trading trucking companies. It is a low organic growth business but they did 80 acquisitions since 2008. It trades at a 40% discount to the large US trucking companies. (Analysts’ price target is $54.44)