He likes the demographics, higher global consumer spending and it has stable end-markets. It will see new product launches.

He likes the aerospace and defense sector. It has great international exposure with missile and cyber defense as their top products. The valuation is at historical highs, but is not out of the ballpark. Yield 1.6%. Analysts’ price target is $237.85)

You might think slow and steady. But it had a 93% growth in one of its sectors. They are a dominate player in the cloud, along with GOOGLE and Amazon. They put up 31% revenue growth over the year. Yield 1.7%. (Analysts’ price target is $112.24)

(A Top Pick July 7/17 Up 22%) A steady growing ETF. It has good diversification to the sector. It captures health, demographic and consumer spending themes, without taking one-company risk.

(A Top Pick July 7/17 Up 68%) They will see good returns as interest rates rise, due to large customer cash holdings. If Fed funds go up 25 bps, their earnings increase 9%. They will likely be purchased, but still trades at a 20% discount to Schwab.

(A Top Pick July 7/17 Up 19%) This captures the themes of global economic growth and e-commerce. This continues to grow with these secular trends. He thinks it may be getting close to the business cycle peak as it is linked to consumer spending.

Reasonable in terms of a longer term outlook. They sell products that everyone needs: food, and pharmaceuticals and beauty products through Shoppers Drug Mart. Good positions and locations in both those segments, which are critical for those types of businesses. Experienced operators. The industry is in transition regarding goods delivery and pickup. They have click and collect, and have introduced online delivery. Some headwinds with minimum wage, which they’re now overcoming. Earnings growth not that stellar. Going forward earnings should be in mid to high single digit range. Stock is reasonably priced at around $65, with a bit of a yield.