Bull Market Outlook & Top Equity Picks 2026 | Marnoa Private Wealth Counsel

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It was a great opportunity to join the BNN Bloomberg Market Call team on Friday, February 13, 2026, sharing my latest views on North American equities. Amid ongoing market debates, I emphasized why I’m constructively positive on the bull market that began in 2022: supportive global and domestic growth (~3.1% global real GDP forecast for 2026), broadening corporate earnings, rate relief, fiscal tailwinds, and attractive opportunities in quality cyclical and compounder stocks—while staying mindful of risks like persistent inflation or policy shifts.

For quick viewing:

Nadeem Kassam’s Market Outlook: North American Equities (4:56) – Diving into the macro drivers, why the bull has further room to run, and a balanced risk view.
Nadeem Kassam’s Top Picks: Brookfield Corp, WSP Global & Canadian Pacific Kansas City (4:50) – In-depth reasoning on each name.

Top picks:(also detailed in the BNN Bloomberg article here):

Brookfield Corp (BN.TO) A global alternative asset leader with massive deployable capital (~$180B), a stellar long-term track record (23% annualized returns over the past decade), and strong positioning in renewables, digital infrastructure, and real assets—poised to capitalize on volatility and inflation dynamics.
WSP Global (WSP.TO) Premier engineering and professional services firm with dominant exposure to stable OECD markets (~90% of revenue), consistent historical growth (~30% net revenue CAGR), successful M&A integration, and a record backlog driven by infrastructure renewal, electrification, and energy transition trends.
Canadian Pacific Kansas City (CP.TO) North America’s leading cross-border rail operator benefiting from pricing power, nearshoring momentum, USMCA trade flows, and solid 10-14% projected annual earnings growth—offering compelling value at around 21x forward earnings.

A big thank you to the Market Call host and team for the engaging discussion—it’s always energizing to share ideas on air.

Ready to discuss how these insights could apply to your portfolio? If you’d like to explore these equities further, review your current holdings in light of the broader outlook, or schedule a personalized conversation about your investment goals, please reach out today. I’m here to help—contact me directly via email or phone.

Let’s connect and put these ideas to work for you.

Thanks for watching and staying engaged with market developments!

Sincerely,

Nadeem Kassam, CFA, MBA

Chief Investment Strategist, Chief Operating Officer and Portfolio Manager
Marnoa Private Wealth Counsel
Phone: 519-707-0052
Email: [email protected]
Website: www.marnoa.ca
Connect & follow Nadeem on LinkedIn.

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Nadeem Kassam on BNN Bloomberg Market Call – Bull Market Outlook & Top Picks

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