COMMENT

We may have more dislocation (volatility) going into April, but after that we will see 20% growth YOY in most U.S. stocks while global stocks remain strong. Altogether this will get us back on track. Also, the U.S. housing market is picking up for the first time in 10 years. Add to that U.S. companies bringing back back capital from overseas is like six Marshall Plans, like Microsoft and Apple, which will create stimulus. Europe and Asia are booming. Everything's good. Interest rates will creep higher. Diversify away from Canada. Global trade is still good. Any interest rate increases will be moderate and won't seriously punish equities. Trump may be loose-lipped though.

HOLD

Great, solid company, but not going anywhere. The trend is moving away from soft drinks. They've already penetrated the world and face newer soft drinks coming up. Probably see a small dividend increase. Hold it and get your dividend to sleep at night, but there's not enough growth here. Dividend yield of 3.6%.

COMMENT

They've suffered from gas margins in the last quarter and they've been flat for quite a while. They've made big acquisitions in Europe and the U.S. Need gas sales to keep the company going. Well-managed and well do well in the long term. Electric vehicles could take away from future earnings though.

COMMENT

Owns Mastercard instead, but the story is the same. They both dominate credit cards worldwide. As we move into e-payments, both are prepared. Both will continue to move up. As for blockchain, they may get involved as an application.

BUY

Owns Mastercard instead of Visa, but the story is the same. They both dominate credit cards worldwide. As we move into e-payments, both are prepared. Both will continue to move up. As for blockchain, they may get involved as an application.

HOLD

The problem with infrastucture companies is that projects are bid on in advance, so the company loses some money that's no recoverable. The sector looks good. There's a lot of activity in Canada and especially the U.S. which should pick up. Stantic has been flat, but should get back into the groove. Solid but hold it.

BUY

Trading at 9x earnings. These are big manufacturers now supplying the fracking industry. This business will continue to do very well as the U.S. drills more shale wells. These companies will do just fine. Will grow.

BUY

One of the best-managed Canadian companies over 15-20 years. Have downsized well. They know their business, and doesn't see anything stopping them. The stock is close to a new high.

BUY

One of his largest holdings. Not too expensive. Rapidly growing revenue at 15-20%. Benefits from overseas tax repatriation. No debt. A great long-term investment, better than Amazon.

PAST TOP PICK

(A Top Pick June 20/17, Up 60%) Continues to love it. Still needs to put all its cash back to work like the Whole Foods acquisition. Will definitely hold it. A very rich valuation, so he limits his holding to 3%.

BUY

(A Top Pick June 20/17, Up 28%) Different from most U.S. banks, because it's focused on investment management can capital markets. Well-positioned during booming U.S. economy. Could hit mid-$70s in two years thoguh the easy money's been made.

PAST TOP PICK

(A Top Pick June 20/17, Down 19%) The global investor has left the Canadian market. ENB has raised a lot of money to make acquisitions and have big projects underway. He's bought a little more and sees a $57-60 target.

COMMENT

AT&T vs. Verizon? Verizon is the better-quality company. Both offer good dividends, but Verizon has less debt and a better network. If you want dividend income, go with AT&T. If you want growth, go with Verizon.

COMMENT

AT&T vs. Verizon? Verizon is the better-quality company. Both offer good dividends, but Verizon has less debt and a better network. If you want dividend income, go with AT&T. If you want growth, go with Verizon.

BUY

Key asset is growth in China, with 50% of their business selling coking coal across Asia, but their marginal price is set by China. There've been strong prices lately as China cuts back on its own coking coal production to reduce pollution. Teck will do fine short term.