Alex Ruus is executive vice-president and portfolio manager at BluMont Capital and Northern Rivers Funds. His focus is North American equities.
WellPoint is the leading U.S. health care insurer and the largest owner of Blue Cross/ Blue Shield brands. WLP offers an attractive vehicle to invest in the inevitable rise of spending in the U.S. health care system. The company is undervalued and offers access to a rising stream of dividends.
Horizon North Logistics
Horizon is a leading provider of critical logistics for remote development of resource and infrastructure projects. HNL is uniquely positioned to prosper from the entire spectrum of work-force accommodation demand in remote locations, especially in the growing Athabasca oil development and the coming LNG gas development programs in Western Canada. The company is undervalued with a rising stream of dividends.
Neptune Technologies & Bioressources
Neptune is a leading producer and developer of nutritional supplements and pharmaceuticals, with a focus on commercializing its proprietary phospholipid containing krill oil formulations. The company’s majority owned subsidiary, Acasti Pharmaceuticals, is developing a potential blockbuster treatment for hypertriglyceridemia and cholesterol. The company currently is trading at a deep discount relative to the market opportunity should trials continue to show excellent results.
Past Picks: May 2, 2013
Total return: +38.95 per cent
Total return: +26.24 per cent
Philip Morris International
Total return: -10.99 per cent
Total return average: +18.07 per cent
The markets will continue to rise slowly over the coming year as the global economy continues to recover from the great recession of 2008-09. Expect choppiness to continue with at least one correction creating panic among speculators. The best returns will be made by buying great businesses that are undervalued.