Skip to main content
The Globe and Mail
Support Quality Journalism
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }

David Cockfield is managing director and portfolio manager at Northland Wealth Management. His focus is Canadian equities.

Top Picks:

BCE Inc. (BCE TSX)

Story continues below advertisement

Canada's largest communication company with an excellent growth oriented management, BCE has raised its dividend on a regular basis and the dividend is secure. After hitting an annual high of $51.09 in early June, BCE stock has sold off and will be in a buying range under $47. The stock has a yield in the 5.1-per-cent range.

Agrium Inc. (AGU TSX)

Agrium is a global producer and distributor of agricultural products, mainly fertilizer with major facilities in the Americas and Australia. Recent results were somewhat disappointing but long-term prospects are excellent. In a buying range under $100.

Cenovus Energy (CVE TSX)

Cenovus is one of Canada's largest energy companies focused mainly on oil production. The stock has been a laggard but recently the success of Prairie Sky Royalty has turned attention to the significant drillable land in Cenovus' inventory. The better spreads for oil sands production should also improve financial results.

Past Picks: July 19, 2013

TD Bank (TD TSX)

Story continues below advertisement

*Stock Split 2 for 1 – February 3, 2014

Then: $87.65; Now: $55.13 +25.80%; Total return: +29.24%

Crescent Point Energy (CPG TSX)

*Stock Split 2 for 1- December 2, 2013

Then: $38.91; Now: $46.91 +20.56%; Total return: +29.02%

Canadian National Railway (CNR TSX)

Story continues below advertisement

Then: $105.55; Now: $70.12 +32.87%; Total return: +34.96%

Total return average: +31.07%

"Now" figures are intraday from the date of the analyst's appearance on BNN Market Call.

Market outlook:

We remain cautious toward equity markets particularly with regard to events in Iraq. Higher oil prices due to any reduction in supply would have a significant negative economic impact worldwide. The lack of any meaningful correction for some time and the general complacency of investors to potentially negative events make equity markets vulnerable.

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies