It's under heavy pressure from an overhang from the resources slump and, before, the steel tarffis. There are better opportunities elsewhere.

It's more weighted to oil, and pays a strong 6% yield. He is light in oil producers now, only 3-5% of his holdings. He doesn't know RDS that well. Oil overall is in decline; there's a perfect storm in oil (Venezuela) and yet oil is not surging higher. RDS itself is a reasonably good company. If you are bullish oil, hold and wait.

Is it real estate reflected in its current price? The pharmacy retail space has come off a lot due to disruption. In this space, he bought Walmart instead; they do everything better yet cheaper. Disruption will make it harder for WBA to compete. The real estate is not valued in, but nothing tells him that it should either. Pharmacy retail is another industry under scrutiny, and he feels Walmart will prevail.

It benefits from Huawei's woes. He likes CSCO. It pays a small dividend.

He likes the midstreams. IPL used to be his biggest oil stock until they started buying storage tanks abroad which he felt distracted from their core business. He didn't like that they went outside Canada to ramp up their earnings. IPL pays an 8.6% dividend which is safe, because they have long-term take-or-pay contracts. He may re-buy this later.

(A Top Pick Mar 06/19, Up 13%) Also a top pick.

(A Top Pick Mar 06/19, Up 7%) He likes the Brookfield family. Brookfield takes care of funding, having investors for global investments. He likes that they're investing in India infrastructure. They can go anywhere in the world and buy strategic assets like water treatment and transmission lines is unparalleled. It continues to do well. Good managers.