Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
RBC Capital Markets analyst Bish Koziol made two changes to the firm’s Top 40 stock list derived from value, momentum, growth and predictability criteria. National Bank of Canada was added, North West Company was removed,
“Our Canada Overall Top 40 Portfolio gained 4.8 % last month, while the S&P / TSX Composite rose 5.9 %. Year -to -date the Portfolio advanced 14.3 % versus the benchmark ‘s 12.3 %. All sectors contributed to the return last month but were led by Communication Services. With the addition of National Bank this month, the weight of Financials in the portfolio rose to 30 %”
The list in now Imperial Oil Ltd., Pason Systems Inc., Cenovus Energy Inc, Canadian Natural Resources Ltd, Trican Well Service Ltd, Suncor Energy Inc., Ovintiv Inc, Keyera Corp, Stella-Jones Inc, Alamos Gold Inc, Labrador Iron Ore Royalty Corp,…
