One of the best utility stocks however, the utility sector is very sensitive to interest rate movements. Expects interest rates to move up and the stock would be vulnerable.
Financials should not be overlooked. They offer a proper yield, visible profit growth.TD has the most potential for a dividend increase and one of the best exposures of the equity market..
Likes this bank and Royal as their two top picks. Likes their leverage to a stronger capital market via TD Waterhouse. More volatile than other banks, but this is where you want to be at this time.