Here are three top picks for 2019

Article Excerpt

Dear safe-money investor: We’ve selected our top picks for 2019—one stock, one real estate investment trust (REIT) and one exchange-traded fund (ETF). Each offers an attractive combination of growth prospects and a reasonable price. We feel that investors profit the most by holding a well-balanced portfolio of high-quality stocks and REITs—like our first two recommendations. However, if you want to supplement your individual stock holdings, ETFs, like our third recommendation, offer a sound alternative. TRANSCANADA CORP. $56.61 (Toronto symbol TRP; Shares outstanding: 914.0 million; Market cap: $51.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www.transcanada.com) operates a 91,900-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and 11 power plants. The company now plans to change its name to “TC Energy”; the stock would continue to trade under the “TRP” symbol on the Toronto and New York stock exchanges. If shareholders approve, the change would take…

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