Skip to main content

The Globe and Mail

3 top stock picks from money manager Gordon Reid

Gordon Reid is president and CEO, Goodreid Investment Counsel. His focus is on U.S. equities.

Top Picks


Story continues below advertisement

"The United States is experiencing a land drilling boom, largely due to new shale drilling technology in search of natural gas. The overhang of worries about a global economic slowdown and their legal issues with BP over the responsibility for the Gulf disaster have led to compelling valuations of less than 10 times expected 2012 earnings."

United Technologies

"United Technologies is a global supplier of industrial products (Carrier, Otis Elevator, Pratt and Whitney, Sikorsky Helicopter). In an effort to bolster their presence in the aerospace market they recently bought Goodrich Corp. Carrying a 2.6 per cent dividend yield and trading at 13 times expected 2012 earning, UTX represents good value."

Wright Express

"Wright Express is a payment processing company that services companies with large vehicle fleets. Servicing the fuel and maintenance tracking for more than six million vehicles worldwide, WXS is gaining market share and growing revenue at a 10 per cent annual rate."

Past Picks: Dec. 15, 2010

Hanger Orthopedic

Story continues below advertisement

Then: $21.10 Now: $18.53

Total return: -12.1 per cent


Then: $65.24 Now: $64.75

Total return: +2.4 per cent


Story continues below advertisement

Then: $35.78 Now: $59.27

Total return: +65.7 per cent


"The calendar has changed but the angst investors have been feeling since the beginning of the financial crisis remains. Ironically, earnings are at record levels, and for the third year in a row the equity markets failed to keep up with corporate earnings growth, leading to very attractive valuations. Maintain a full weighting in equities."

Compiled by Franklin Cameron/BNN Market Call Tonight


Also see:

3 top stock picks from Morgan Meighen's Michael Smedley

Report an error
Comments are closed

We have closed comments on this story for legal reasons. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at