Brian Acker's Top Picks: January 5, 2021
BNN Bloomberg
Top picks from Brian Acker, president, CEO and chief investment strategist at Acker Finley
MARKET OUTLOOK: We are U.S. dollar bulls and have been for the last 10 years. All of my past stock picks have been in U.S. dollars over this time frame and on Canadian dollar strength, we would recommend purchasing more U.S. dollars.
Currently, the financial markets are trying to digest - price in - a lot of potential future shocks…
TOP PICKS:
Cisco Systems (CSCO NASD) Has a model price of $81.92 that’s a 30 per cent upside as of Monday's computer run.
Intel (INTC NASD) Has a model price of $72.20, that’s a 36 per cent upside as of Monday’s computer run.
Lockheed Martin (LMT NYSE) Has a model price of $411.29, that’s a 16 per cent upside as of Monday’s close computer run.