Since the start of the bull market in March 2009, U.S. equities have outperformed Canadian stocks. However, things are changing and the Canadian stock market is coming on strong, writes Validea CEO John Reese in an article for The Globe and Mail. Despite the trend, however, Reese says that Canadian stocks are still “better bargains than their U.S. counterparts.” He cites the rebound occurring in Canada’s commodity and energy stocks and the stability of a… Read More
In his latest for Forbes.com, Validea CEO John Reese looks at some top buys among stocks of Canadian firms trading on US exchanges.
The combination of value and momentum has been shown to be a winning formula in stock investing, and quantitative guru James O’Shaughnessy’s firm says the data shows it’s a recipe that works particularly well in the Canadian market.
Top strategist Kenneth Fisher says that hedge fund managers who’ve been fleeing Canadian stocks are making a big mistake. “A growing number of funds are betting that Canada’s commodity-based economy is headed for a fall,” Fisher writes in his latest Forbes column. “The hedgies won’t own Canada, but if you are a contrarian investor like me, you should.” Fisher says he expects big things from Canadian stocks over the longer term. “I not only recommend… Read More
In his latest article for Canada’s Globe and Mail, Validea CEO John Reese takes a look at the “Dogs of the TSX”. Noting the historical success of the well-known “Dogs of the Dow” strategy — in which one buys the ten highest-yielding stocks in the Dow Jones Industrial Average, and rebalances the portfolio once a year — Reese looks at the ten highest-yielding issues in Canada’s benchmark S&P/TSX 60 index. But Reese cautions against blindly… Read More