TORONTO, Dec. 19, 2013 /CNW/ - Investment Dealer Raymond James Ltd. today announced its Canadian Equity Analysts' Best Picks list for 2014.
The list highlights 11 individual stocks of companies that Raymond James analysts expect will produce superior results during the upcoming year. The 11-analyst-selected stocks are:
|AIMIA (AIM-TSX)||Cenovus Energy (CVE-TSX | CVE-NYSE)||Husky Energy Inc. (HSE-TSX)|
|Allied Properties REIT (AP.UN-TSX)||Delphi Energy Corp. (DEE-TSX)|| International Forest Products Ltd.
|B2Gold Corp. (BTO-TSX)|| Eldorado Gold Corp. (EGO-NYSE | ELD-
|Whitecap Resources Inc. (WCP-TSX)|
| Brookfield Infrastructure Partners L.P.
(BIP-NYSE | BIP.UN-TSX)
|Gildan Activewear (GIL-NYSE | GIL-TSX)|
"The Raymond James Canadian research team is proud of our stock picking record with the annual Best Picks list delivering a simple average holding period return of 15.8% over the past 10 years, outpacing the relevant benchmark by 3.1% on the same basis," says Daryl Sweltishoff, Head of Research at Raymond James Ltd. "Amid improving macro conditions 2013 was a strong year with the average holding period return from December 5, 2012 to December 5, 2013 coming in at 7.3%, slightly lagging the 8.0% return for the S&P/TSX Small Cap Total Return Index. Of the 14 stocks on last year's list, all but six outperformed the relevant benchmark," he added.
Swetlishoff reminds investors that individual results will vary and transaction costs related to investing in these stocks will affect overall performance. "There is no assurance that the Best Picks will achieve the results expected and like any investment, investors could incur profits or losses," he says. "These stocks represent a current snapshot of our analysts' best ideas; however, we continue to encourage investors to focus on risk adjusted returns and appropriate asset allocation while investing over the long term."
Raymond James is a leading North American independent full service investment dealer offering a full range of professional investment services and products including: private client services, financial and estate planning, portfolio management, insurance, equity research, investment banking and institutional sales and trading. Through its network of approximately 6,300 Financial Advisors across North America and in key international centers, Raymond James serves more than 2.5 million individual clients and manages more than $425 billion in client assets under administration. For more information about Raymond James, please visit our web site at: www.raymondjames.ca.
The 2014 Canadian Best Picks Research document contains specific disclosures. For more information, contact your Raymond James financial advisor.
SOURCE: Raymond James Ltd.
For further information:
Peter Kahnert, Corporate Communications and Marketing: 416.777.7052