TOP PICK
Manulife Financial
It trades at a good 10x earnings with fine growth ahead. They're particularly growing in Asia. They're serial dividend inceasers, currently paying 4.1%. (Analysts’ price target is $28.74)
insurance
TOP PICK
Visa Inc.

A pure growth story. It's been a stellar performer for him. Though it trades at over 30x earnings and pays only a 0.56% yield, you buy this for growth in the coming years. Visa is also in a tech ETF in the U.S. which helps the stock. (Analysts’ price target is $184.84)

other services
COMMENT

(opening comment) They raised an amount of cash at their initial offering, so look at the amount of cash per share. Maybe step in near its cash value. You'd be paying nothing for the business. But he doesn't know the specific values and he is only marginally invested in cannabis. There's a risk CTST will lose all its medical customers, so maybe stick closely to the cash value. He owns MediPharm Labs Corp. in this space.

Healthcare
BUY ON WEAKNESS
Franco-Nevada Corp.
He's not a gold bug and prefers royalty companies. So, FNV is his favourite gold stock. The current price is too high as an entry point, so buy below $100 like $95. Otherwise, hold onto it. He prefers this to junior gold producers.
precious metals
PAST TOP PICK
Bank of Nova Scotia
(A Top Pick Jun 26/18, Down 2%) It's a little cheap vs. its peers and will catch up to the others over time. It needs to digest recent acquisitions, as their international operations come along. He's a little worried about Canadian mortgages, but a 5-7% return is respectible.
banks
PAST TOP PICK
Hudbay Minerals
(A Top Pick Jun 26/18, Down 13%) He sold this at over $10, because it had run up so much for him and he didn't expect the China tariffs to get resolved anytime soon. Now, HBM is worth considering again as they transition to a new CEO.
precious metals
PAST TOP PICK
(A Top Pick Jun 26/18, Up 34%) A growth utility. Their U.S. acquisitions are turning out really well. He still likes it. They have a plan of growth and dividend increases nearly 10% for the next five years. Sure, it'll pull back a little in a recession, but the dividend will remain solid.
electrical utilities
DON'T BUY
BlackBerry

They're sstill struggling because it's niche-based. They make some profits, but they're riding a big massive trend (like Shopify, though the comparison may be unfair). BB is interesting below $10, and it has room to grow to $12, but not $20.

electrical / electronic
PARTIAL SELL
Waste Connections
He missed buying this a few times, and now it's had a nice rebound this year. It stayed flat while all other stocks plunged in December. This is quite defensive and has had a nice run until recently. The street doesn't follow this name much. Now, it's very expensive. Take some profits and hold a core position.
Transportation & Environmental Services
COMMENT
Shopify Inc.
A pullback? Would only pullback if the whole market does, and only to $350.
0
BUY

Which Brookfield stock to buy? BIP.UN this morning announced it raised $350 million of which BAM.A-T invested $250 million. But BPY is the cheapest Brookfield stock and pays over a 6% dividend. BPI.UN-T is a hold.

REAL ESTATE
COMMENT
Fresh rally, fresh highs in US. He's not excited, he's risk off. If we have a rally, it will probably be the last before there's a correction.
Unknown
COMMENT
Will earnings season be a shock? We won't see that many misses, but projections won't be that exciting. Ample multiples in the US. In Canada, we're struggling with the resource sector. He believes that gold stocks only work when inflation rises, and it may not get back to 2% for a significant period. AI is beginning to have an impact on costs, and 5G will speed everything up. So inflation may lie dormant for the time being.
Unknown
COMMENT
The old economic models aren't working. The world economies have evolved away from manufacturing toward service. And AI has added to that. We've had 10 good years of development, and we'll see the results of that, especially with 5G.
Unknown
HOLD
Not a bad stock, it's the best of the life insurers. But he's concerned about the financials in general. In for a more difficult time, as spreads are not conducive to profits. Late in the game to buy. Dividend's not bad. Tariffs could cause interest rates to decline even further.
insurance