Kash Pashootan, Senior Vice President and Portfolio Manager at First Avenue Advisory, Raymond James

FOCUS: North American Dividend Stock & Portfolio Construction

_____________________________________________________________

MARKET OUTLOOK:

  1. Market is expensive but could easily get more expensive
  2. Cash on the sidelines is essential
  3. Traditional safe-haven stocks don’t look so safe
     

Top Picks:

Apple (AAPL.O) | 13x P/E | 2.1 per cent Yield | Last Buy: Aug 2016

Attractive valuation and favourable timing in the iPhone product cycle.

DineEquity (DIN.N) | 13x P/E | 4.8 per cent Yield | Last Buy: Aug 2016

Attractive valuation combined with growth opportunities from an international expansion.

Novo Nordisk (NVO.N) | 21x P/E | 3.0 per cent Yield | Last Buy: Aug 2016

Largest provider of insulin; margins 2x peers; targeting emerging market expansion. 

Disclosure Personal Family Profile/Fund
DIN Y Y Y
AAPL Y Y Y
NVO Y Y Y

 

Past Picks:  August 14, 2015

TransForce (TFI.TO)

  • Then: $24.40
  • Now: $26.34
  • Return: +7.95%
  • TR: +11.14%

BCE (BCE.TO)

  • Then: $53.76
  • Now: $61.99
  • Return: +15.31%
  • TR: +20.91%

Apple (AAPL.O)

  • Then: $115.96
  • Now: $107.03
  • Return: -7.70%
  • TR: -5.73%

Total Return Average: +8.77%

 

Disclosure Personal Family Profile/Fund
TFI N N N
BCE Y Y Y
AAPL N N Y

Twitter: @kashpashootan