The Daily Top Stock Picks. Make More Informed Decisions!

North American markets are quite overcooked, so he's been divesting into foreign markets. Japan's a major market, and in an uptrend. Fiscal stimulation is supportive. 

Chart breaks out, then settles out, over and over. Rather than going parabolic. And he likes that. Good-looking chart. He's been legging in for the better part of this year.

He really likes commodities. There's a major commodity secular movement happening. Gold, silver, and uranium have all popped, and there's a rotation within the commodity space. All that AI stuff involves either rare earth or base metals. 

This name is a base metal. Aluminum trade was soft for a while, but has picked up. These metals will be used everywhere, so he likes the demand. Yield is 1.08%.

You can have all the opinions you want, but his firm uses quantitative measurements. He posts the "Bear-o-meter" on his blog every month (takes into account trend, breadth, momentum, sentiment, valuations, and seasonality and delivers a reading of risk as low, medium, or high). It's been very accurate in the past (he's been tracking it for almost 20 years). Not a market-timing tool, but a risk-parameter reading. 

Risk has been higher this summer. For example, there's more risk crossing the 401 in Toronto than crossing your neighbourhood street. You could still cross the 401 safely, or get hit by a car in your neighbourhood, but it's all about the risk you're taking.

The Bear-o-meter is measuring just 1 point above full-on high risk. Not quite at run-for-the-hills. He'll probably be coming out of cash in the next couple of weeks, especially with the China-US meetings. Things will probably be resolved, and then his firm will be fully invested.

Generally, he's been hovering around 25% cash, and that's a lot for him.

Now more of a pure-play regulated utility company. Takes time to repair investor confidence after previous management's missteps. Likes management, and analysts are finally starting to warm up to the story. Trades at pretty big discount to peers, and that can be closed over time. Lower price means you're pretty well protected on the downside.

Smaller and more nimble now, almost 100% in the US. That provides more opportunity -- either as a takeout, or to grow organically and make smart deals again. Yield is 4.36%.

Complementary to ARX -- it's more of a producer with some infrastructure, whereas PPL is almost 100% infrastructure. Temporarily ran up on news about working with META. Now KKR is selling its minority stake in a JV with PPL, but concern is that PPL is the one who's going to buy it (to the tune of $5-7B). 

He doesn't really care. Company's really well positioned for future LNG in 2027, has great amount of gas processing all throughout the Basin. Power demand from nat gas is on the rise. He continues to buy at full weights in all client accounts. Yield is 5.33%.

Laundry, primarily for hospitals (a guaranteed business, and guaranteed to increase with demographics). Mainly Canada. Made a major UK acquisition (more in hospitality, economically cyclical) earlier in the year, and the equity issue pushed down price of stock. Small, sleepy company. Doesn't usually do a lot of acquisitions or equity issues. 

Last quarter was good, core business doing well. Loves the very solid management team, focused on the work. Yield is 3.34%.

In the world today, he's pretty worried about market valuations. Today's Top Picks won't hurt an investor if markets go down, give you that dividend, and should perform over the long haul. These aren't 1-year picks, but more decade-long or "forever" picks. 

A more conservative name among the precious metals. When a bull market starts, it can go on for a decade in multiple stages. With gold, we're probably in the first one. Mining is a really hard business, so you want to own the leader. 

For years and years, management has done a great job doing what they say they're going to do. Multiple properties in geographically safe jurisdictions. Long-reserve-life assets. 

Balance sheet in great shape. Expect share buybacks. Great cashflow, nice growing dividend. Yield is 0.87%.

If you think there's going to be a mining cycle, it's a given that this name will sell a lot of equipment. 

People are underestimating its big turbine business -- natural gas turbine generators that are smaller than utility-grade generators. This part of the business feeds right into the data centre buildout. Can be used for alternate, backup sources of power. Only 5% of revenue right now, but could grow 10-25% a year over next few years with strong pricing. Yield is 1.12%.

Uranium pricing is moving higher. Great acquisition on nuclear from Westinghouse. First of the uranium companies to break out to new highs a couple of years ago. Giant structural base. Pricing power and volume growth. Core in his portfolio, not speculative. Will benefit over next few years from the environment we're in. Yield is 0.12%.

Phenomenal compounder. It's really 6 companies in 6 different operating subsidiaries. Master of the small deal, and that's how it gets such attractive valuations. They buy things that other people don't know to buy. Really a private equity firm that focuses on software. 

If AI disproportionately affected 1 or 2 of its 1000 businesses, that wouldn't take down the ship. Very attractive multiple. Solid growth. High likelihood of multiple expansion. Yield is 0.14%.

Unique business model as a corporation, retaining cashflow and hunting for acquisitions. One of the best compounders out there, and definitely the best real estate compounder. Targets mid-market, where there's little (or no) competition. 

Trades ~15x PE. Be cautious on the entry and exit. Buy and sell with limit orders, as it's a small-cap with over half of shares owned by insiders. Yield is 0.09%.

Very inexpensive at 19x PE. Great businesses under the hood in terms of aerospace and automation. Catalyst for realizing value over the next 2-3 years is the upcoming spinoff. Post-spinoff, valuations will normalize to what's suitable for the growth of each business according to the industry it's in. Yield is 2.31%.