Please note. A Top Pick of Mike Newton's yesterday, Magna International (MGA-N) had an incorrect symbol MGA-T so e-mails sent out in last night's mail were incorrect.
My apologies to Mike.
Also my thanks to Infojoe for drawing this to my attention.
Bill
Incredibly well run bank if you have a longer term horizon. They are looking for growth on the US side and expect they will end up being a major bank in the US market. He plays financials through the iUnits S&P Financial (XFN-T). (Not adding to this but when it goes through $25 he’ll start rotating into energy (iUnits S&P/TSX Energy ETF(XEG-T)), which he expects to do better next year.)
An incredible stock to own. Huge beneficiary if you are playing growth emerging markets and infrastructure. Will benefit from growth over the next 10, 20, 30 years.
Whole technology space will do well. Got hit too hard when they announced that growth wouldn’t be as strong as it was. You can Buy this directly or through the ETF on technology (XLK-N).
Very positive on global economic growth. With the stimulus that has been put into the economy it will give much higher than expected growth. You will still good performance out of base metal stocks.
Cdn REIT ETF. One of the problems with this ETF is that RioCan (REI.UN-T) and H&R (HR.UN-T) are now 40% of the weighting. He is continuing to hold this but taking his exposure down from 5% to 3% to Buy the US REITs.