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

Top Picks:

Chartwell Retirement Residences (CSH.UN TSX)

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Chartwell is the owner/operator of seniors housing communities across Canada (80 per cent of suites) and the U.S. (20 per cent of suites). Positive investment attributes include an aging demographic, with the seniors' population expected to grow three times faster than the overall Canadian population, rising longevity and operating leverage to improving occupancy rates. Chartwell provides an attractive income yield of 4.6 per cent.

Google Inc. (GOOGL NASDAQ)

Google is a global technology company, providing the world's leading search engine, and dominates in both global desktop and mobile search engine queries. Online advertising represents over 90 per cent of Google's revenues. Representing less than 20 per cent of total global ad spend, there is still significant secular growth for internet advertising. Google is well-positioned within this media channel, garnering a consistently strong share in digital/internet based advertising spend. Improving economies are also supportive of larger overall advertising budgets. Having lagged its large cap technology peers this year, Google represents an attractive investment for investors looking for internet exposure.

Mondelez International Inc. (MDLZ NASDAQ)

MDLZ is the global snacking leader with #1 global share in biscuits, chocolate and candy as well as #2 in gum. Its long-term earnings power is supported by an attractive demographic footprint with 44 per cent of revenues from emerging markets where the number of middle income households is expected to double over the next eight years. Per capita consumption of confectionery and biscuits in developing countries are significantly below that of developed countries. Increasing income levels drives demand within snacking categories. Mondelez provides investors with a dividend yield of 1.6 per cent.

Past Picks: January 7, 2014

Unilever (UL NYSE)

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Then: $40.30; Now: $41.82 +3.77%; Total return: +7.62%

Home Depot (HD NYSE)

Then: $81.50; Now: $99.64 +22.26%; Total return: +24.91%

Royal Bank (RY TSX)

Then: $70.97; Now: $79.90 +12.58%; Total return: +16.87%

Total return average: +16.47%

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Disclosure:

Personal

Family

Portfolio/Fund

UL

Y

Y

Y

HD

Y

Y

Y

RY

Y

Y

Y

Market outlook:

The U.S. economic recovery is strengthening, as evidenced by strong payroll growth, expansionary industrial manufacturing and services activity and healthy consumer confidence. Falling energy costs should not only help corporate profit margins but also serve as a tax break to consumers and boost the economies of oil importing countries. Lower input costs will temper inflationary pressures and provide international central banks flexibility to maintain stimulative monetary policies to address economic growth concerns. Market risks include investor anxiety regarding the timing and intensity of rate hikes by the U.S. Fed, uneven economic growth outside of the U.S., and heightened global geopolitical tensions.

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