Bill Harris, partner and portfolio manager at Avenue Investment Management
Focus: Canadian large and mid-caps

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MARKET OUTLOOK

Since November, we have had a pretty big pullback in the kind of businesses we like to invest in. We believe most of the damage has been done, with the stock market now pricing in the expectation of higher interest rates. We believe higher yielding securities like REITs and pipelines are now trading at attractive valuations. 

TOP PICKS

Bill Harris' Top Picks

Bill Harris, partner and portfolio manager at Avenue Investment Management, shares his top picks: Enbridge, Cenovus Energy and Roxgold.

ENBRIDGE (ENB.TO)

CENOVUS ENERGY (CVE.TO)

ROXGOLD (ROXG.TO)

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
ENB Y Y Y
CVE Y Y Y
ROXG Y Y Y

 

PAST PICKS: JAN. 23, 2017

Bill Harris' Past Picks

Bill Harris, partner and portfolio manager at Avenue Investment Management, reviews his past picks: Canadian Natural Resources, Keyera and Western Forest Products.

CANADIAN NATURAL RESOURCES (CNQ.TO)

  • Then: $39.24
  • Now: $44.17
  • Return: 13%
  • Total return: 17%

KEYERA (KEY.TO)

  • Then: $38.99
  • Now: $34.94
  • Return: -10%
  • Total return: -6%

WESTERN FOREST PRODUCTS (WEF.TO)

  • Then: $1.83
  • Now: $2.76
  • Return: 51%
  • Total return: 57%

Total return average: 23%

 

DISCLOSURE PERSONAL FAMILY PORTFOLIO/FUND
CNQ Y Y Y
KEY Y Y Y
WEF Y Y Y

 

WEBSITE: www.avenueinvestment.com