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Christine Poole.

Christine Poole is managing director of GlobeInvest Capital Management. Her focus is on North American large caps.

Top picks:

Abbott Laboratories
Following the spin-off of its proprietary pharmaceuticals business, Abbott now consists of nutritionals (30 per cent of revenues), medical devices (26 per cent), established pharmaceuticals (24 per cent) and diagnostics (20 per cent). With 40 per cent of sales from high-growth emerging markets combined with margin expansion opportunities and a strong product pipeline, Abbott is positioned to deliver sustainable double-digit earnings growth. Its dividend yield is 1.6 per cent and comparable to peers.

PPG Industries Inc.
PPG is a leading supplier of specialty high-performance coatings, paints, optical products and glass/fiberglass. Its strong competitive position in the global coatings industry, specifically in automotive OEM, aerospace, architectural and industrial, bodes well for PPG with demand strengthening in many of its end-use markets. While PPG remains committed to expanding its geographic footprint through organic growth and acquisitions, the company consistently increases its dividend, providing a dividend yield of 1.7 per cent.

Walt Disney Co.
Disney is a media conglomerate composed of media networks, parks and resorts, studio entertainment and consumer products. Continued future earnings growth is well supported by a strong brand portfolio including Disney, ESPN, Pixar, Marvel, and Lucas Film as well as encouraging trends at domestic theme parks. Disney pays a modest dividend yield of 1.4 per cent.

Past picks: Feb. 08, 2012

CGI Group Inc.
Then: $20.29
Now: $28.22
Total return: +39.08 per cent

Canadian National Railway Co.
Then: $78.21
Now: $99.04
Total return: +28.92 per cent

H&R Real Estate Investment Trust
Then: $23.39
Now: $23.16
Total return: +4.53 per cent

Total return average: 24.18 per cent

Market outlook:

Equity markets continue to melt up driven by accelerating global industrial activity, global accommodative monetary policy combined with receding inflationary concerns, positive corporate profit growth and reasonable valuations. Political wrangling surrounding the U.S. fiscal deficit in the coming months may temporarily dampen investor enthusiasm and provide an opportunity to build equity exposure.

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