TOP PICK

Think of this as the down the middle pick – good technical momentum with a beta of 1 of high quality holdings. Its revenues growth should be good in the second half of the year backed by good demographics and growth in China.

TOP PICK

The recurring revenue from Office365 membership sales is great. Fresh and seamless with cloud revenues. Yield 1.7%. (Analysts’ price target is $110.13 )

TOP PICK

He thinks this is the best of the bond proxy sector that may face some short term headwinds, but is backed by energy trends and modernization of infrastructure. He does not expect this to be a hero, but a conservative holding. Yield 4%.

PAST TOP PICK

(A Top Pick June 13/17 Up 29%) He sees no reason to move away from this holding. It is a consistent performer and will continue to do well. The independant gorilla in the Medicare and Medicaid space in the US. Did have a little bit of a pullback and consolidation. A very positive story and good momentum based on last quarter earnings.

PAST TOP PICK

(A Top Pick June 13/17 Up 33%) They are focused on missiles and cyber security. It is the future of warfare. North Korea and Iran are leading to large and growing budgets in defense. He continues to like it.

PAST TOP PICK

(A Top Pick June 13/17 Up 11%) He is happy with this as they continue to develop mobile applications and rivals Starbucks. They have a great distribution as well. Worldwide sales are rising. Over the past three years the stock price increase has been stellar.

COMMENT

Strong earnings from the SYP 500 and a strong economy bode well, but on the flipside are rising rates and expectations of inflation. This bull market is still going, but when does it end? Oil is holding above $70 a barrel and helps the Canadian market, but NAFTA uncertainty, mortgate rules and household debt are concerns. Add to this the Vancouver and Toronto housing bubbles. Higher volatility is actually good for stockpickers--opportunities. Watch the yield curve. There's no consensus about when a recession will happen.

BUY

A lot of investors underestimated their successful shift to the Cloud. They've done an amazing job turning this company around. However, expectations have now risen on this stock.

DON'T BUY

It's burning through cash, has very high debt, is underdelivering and recently Elon Musk snapped at caller questions. Red flags are everywhere. They still haven't nailed down their level three entry-level car. Definitely don't buy.

DON'T BUY

He's taken aback by its high multiple and with how fast it's grown. He's skeptical when companies grow this quickly. He applauds there being a Canadian tech company, because there are so few, but there's no room for error. One earnings miss will hurt them badly.

COMMENT

It's done better than expected. Relies on consumers spending thousands on a coat, but he's impressed they've expanded their product line. Caveat: their multiple is high, and he's wary of high multiples in the retail space.

BUY

Likes it. A lot of companies, like banks, have outdated computer systems--which CGI updated--so there's a long runway of growth for CGI. He's held this for a long while.

DON'T BUY

They get lumped in with other companies over with cord-cutting fears, but Disney is better positioned given their theme parks and movies. However, segments like ESPN have seen pressure. Overall, avoid this.

DON'T BUY

They capitalized early on the athletic leisure trend, but can they continue to command consumer interest at the prices they charge? Competitors charge lower prices for similar product--and consumers are fickle.

BUY

There are many strong catalysts going forward: their Cloud, Amazon Prime and, especially now, advertising segments. A solid stock.