Tesla is mentioned as a lower weighted stock, likely held in amounts around 1%.
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Top 15 Stocks To Buy | My Families Canadian Stock Portfolio For Passive Income
The creator shares their family's combined stock portfolio, highlighting the top 15 holdings that constitute 51% of their assets. They discuss diversification strategies, particularly concerning ETFs like VOO and VDY, and express a bullish outlook on the tech sector, specifically hyperscalers, while also holding positions in Canadian banks and energy stocks. The portfolio is managed with a long-term growth focus, despite current market volatility.
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Tickers discussed in this post
VDY, a Canadian dividend ETF, is held at 1/3 of their combined accounts, but the creator believes its concentration in Royal Bank (15%) makes it too concentrated for a larger allocation.
Suncor is held at 1.4% and is an oil stock contributing to the portfolio's energy exposure.
Manulife is held at 1.41% as part of the diversified financial holdings.
Canadian Natural Resources, a favorite oil pick, is held at 1.65% and is up 40% year-to-date, with strong growth potential.
Canadian Imperial Bank of Commerce is held at 1.86% and is part of the portfolio's banking sector exposure.
Bank of Nova Scotia is held at 2.03% and is trading down significantly year-to-date.
Enbridge is held at 2.32% and is up 12% due to the rally in oil and commodities.
Nvidia, though not held individually, is considered incredibly cheap in the short-term due to strong earnings growth (70%) despite a 37 PE, making it attractive compared to slower-growing companies.
Apple is held at 4.43% and is trading down 5% year-to-date, forming part of the diversified tech holdings.