The Motley Fool

Top 5 Stock Picks for Q1 2020!

As we dive deeper into Q1 2020 and the beginning of tax season, investors will be looking for great places to put their tax refunds, so here are five great options for any long-term investor to consider:


With a near-monopoly on the Canadian market for overnight deliveries, Cargojet Inc. (TSX:CJT) has been a favourite of mine for some time. It appears many investors have caught onto Cargojet in recent years; taking a look at the company’s stock price, one will notice a near four-fold increase in the company’s share price in just five years.

This has pushed down Cargojet’s dividend yield to less than 1% and stretched its valuation, but given the increase in revenue and earnings we can expect from future growth in the e-commerce sector, this company should be a great long-term growth play for any portfolio.


Investors seeking a safe place to park their money and watch it grow will like a lot about Bank of Montreal (TSX:BMO)(NYSE:BMO). The Canadian lender has well-diversified operations, focusing on growing businesses that are largely outside of the Canadian housing market — a sore point for many investors looking at Canadian banks right now.

BMO has continued to grow its portfolio of exchange traded funds, attempting to gain market share in a segment more and more Canadians are looking at for long-term investing given the high prices Canadians pay on average for mutual fund services.

Killam REIT

Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) is once again one of my top picks for Canadian REITs for 2020 despite the recent run up in Killam’s share price.

Based on the REIT’s fundamentals, I believe there is still room for share price appreciation, and given the high-quality portfolio Killam holds coupled with its growth plans, investors have much to forward to in 2020 and beyond. For those looking to diversify their holdings with real estate, this would be an excellent place to start.

Newmont gold

Formerly Goldcorp, Newmont Corporation (TSX:NGT) is among the largest gold producers in the world. Size matters when it comes to commodities, and Newmont’s operations and ability to take advantage of rising gold prices via margin expansion make this a favourite of mine.

Having a chunk of gold in one’s portfolio, whether in the form of bouillon or a major gold producer, is a time tested way of incorporating an active hedge into said portfolio.


In the energy infrastructure space, Pembina Pipeline Corporation (TSX:PPL)(NYSE:PBA) remains one of the best operators of the bunch. Fairly valued at this point in time, I’d encourage investors to take a look on any dips in the near to medium-term.

The company’s stock price is trading near an all-time high, for good reason, but I believe there remains upside given the company’s excellent operating margins and its opportunity to grow with its recently acquired Kinder Morgan acquisition.

Stay Foolish, my friends.

Free investor brief: Our 3 top SELL recommendations for 2019

Just one ticking time bomb in your portfolio can set you back months – or years – when it comes to achieving your financial goals. There’s almost nothing worse than watching your hard-earned nest egg dwindle!

That’s why The Motley Fool Canada’s analyst team has put together this FREE investor brief, including the names and tickers of 3 TSX stocks they believe are set to LOSE you money.

Stock #1 is a household name – a one-time TSX blue chip that too many investors have left sitting idly in their accounts, hoping the company’s prospects will improve (especially after one more government bailout).

Still, our analysts rate this company a firm SELL.

Don’t miss out. Click here to see all three names right now.

The Motley Fool owns shares of and recommends CARGOJET INC. The Motley Fool recommends PEMBINA PIPELINE CORPORATION. Fool contributor Chris MacDonald has no position in any stocks mentioned in this article.

I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. I understand I can unsubscribe from these updates at any time. Please read the Privacy Statement and Terms of Service for more information.