Top Investment Picks for 2020

The Dividend Guy: The GEO Group Inc (GEO)

“Obviously a risky play. Geo Group (GEO) is a correctional facility REIT that got seriously hurt in 2019. The stock was as high as $24 this year and currently trades around $14. This leads to a unique opportunity to catch a falling knife offering a 13% yield. When you look at the company’s ability to keep its dividend alive, you will notice that the AFFO payout ratio is quite good (around 67% for Q3 2019).”

So, there you have it – the top investment picks for 2020. In order to track them centrally, I have created this spreadsheet (also presented below) that is publicly available for viewing. The sheet tracks the picks and how the investments perform over the year.

Those are some very interesting picks, and just a one pick is duplicated — Amazon (AMZN) picked by Bryan (Income Surfer), Intelligent Trend Follower & Monsieur Dividende picking the stock. As mentioned, I will track these picks over the year and I will provide quarterly updates on how these securities are doing. You can also find the live coverage anytime by returning to the Stock Picks page.

What are your thoughts on the stocks/funds/cryptos picked by the community? Do you own any of them and/or have a more bullish or bearish outlook or have a better pick than the ones mentioned? Share your thoughts below.

Full Disclosure: My full list of holdings is available here.

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11 thoughts on “Top Investment Picks for 2020

  1. zasid says:

    Hi,

    Nice one thank you for sharing your knowledge.

    I am beginning my journey this year for Dividend investing.

    I am 38,based in Canada. Have 10k cad to invest in my TFSA+some more room there to invest further down the line. where should I begin? My plan is on long term horizon (Dividend investing).To have healthy cash flow during my retirement. Please guide me a bit on where should I begin as I am still learning the ropes. I understand you are not a financial advisor and I will only take this as a suggestion not financial advice.

    How would you invest 10k Cad if you starting today in dividend investing?

    Thank you for your help on this.

    • Hey there,
      Since you are starting out, I recommend going the ETF route. There a plenty of good dividend focused ETFs from iShares, Vanguard or BMO.

      Long time ago I used to own ‘CUD’ from iShares (which held US dividend growth stocks — but since the ETF is listed in Canada, you dont have to worry about dividend taxes). There is also a monthly income ETF from BMO with ticker ‘ZMI’ — that will give you a diversified portfolio across various asset classes and provide you with a ~4% yield. Those are some good starting points for research.

      Alternatively if you are comfortable with the risk of holding individual stocks, take a look at the ‘dividend growers’ list. DGI&R posts monthly updates on Canadian dividend stocks (link here). These are usually blue chip stocks that pay a dividend and grow them year over year.

      Hope that helps
      R2R

    • Thanks for the participation, Eric. BMY with the Celgene acquisition should be a force to reckon with in the pharma space. All the best in 2020 and beyond.

      Also, thank you for linking to this post from your dividend growth digest post.

      R2R

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