(A Top Pick Jan 28/20, Up 22%) Gives him exposure to renewable infrastructure. TA has rebounded since the pandemic. TA is viewed as Alberta power, but it also co-owns subsidiary Transalta Renewables (wind and solar power generation). You get the rest of TA for free, really, if you strip out T-Renewables. The price of electricity has really come back recently which has boosted shares. This is undervalued and he still likes it.
3-5-year outlook He sees it doubling in maybe 5 years. It's a megacap tech stock growing at 15% yearly; it continues to buyback shares and raise its dividend. it's entrenching into corporations and small businesses alike. It's a cornerstone tech stock like MFST. Buy on pullbacks to come. A solid buy.
ING and Euro banks have run up, so switch to other banks around the world? For stability, switch to the Canadian banks exposed to the US (TD and BMO) which have lagged but are now catching up The US economy will have a few good quarters, because they're ahead in vaccinations. Even BNS is okay, given exposure to Latin America. The Canadian banks pay a solid dividend and boast strong balance sheets The Canadian banks pay nice dividends and offer quality balance sheets.