Don’t miss these 3 top picks for 2020

Article Excerpt

We’ve selected your top picks for 2020—one stock, one REIT and one ETF. Each offers investors an attractive combination of growth prospects and at a reasonable price. To accelerate its growth, Telus continues to diversify its revenue stream, which also cuts risk for its investors. Allied Properties REIT continues to make savvy acquisitions to reward its own investors by pushing up revenue and cash flow—but also your share-price gains. iShares Canadian Select Dividend Index ETF holds the kind of stocks that safety-conscious investors rely on for growth as well as secure dividend income. TELUS $53.44 is a #1 Buy for 2020. The stock (Toronto symbol T; Shares o/s: 601.0 million; Market cap: $32.3 billion; TSINetwork Rating: Above Average; Divd. yield: 4.4%; lets you tap Canada’s third-largest wireless carrier after Rogers Communications (No. 1) and Bell Mobility (No. 2). Its wireless business has 10.1 million subscribers and supplies about 55% of overall revenue and 70% of earnings. The remaining 45% of Telus’s revenue and 30%…

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