CIBC Expert Sid Mokhtari Unveils February’s Top 10 Stock Picks
Sid Mokhtari, the chief market technician at CIBC Capital Markets, has announced February’s top stock picks. His expert analysis highlights nine new stocks along with one carryover from the previous month.
February’s Top Stock Picks by Sid Mokhtari
In his latest report, Mokhtari emphasizes a diversified strategy. He selected stocks from various sectors, carefully considering both market trends and historical performance.
Stock Selections Overview
- Materials Sector:
- Methanex Corp. (MX-T)
- NGEx Minerals Ltd. (NGEX-T)
- Orla Mining Ltd. (OLA-T)
- Carryover: Nutrien Ltd. (NTR-T)
- Energy Sector:
- Peyto Exploration & Development Corp. (PEY-T)
- Suncor Energy Inc. (SU-T)
- Whitecap Resources Inc. (WCP-T)
- Financial Sector:
- Bank of Montreal (BMO-T)
- IGM Financial Inc. (IGM-T)
- Industrials Sector:
- AtkinsRéalis Group Inc. (ATRL-T)
Mokhtari’s selection process focuses on stocks from the top 100 companies by market capitalization on the S&P/TSX Composite Index. His recommendations have shown consistent outperformance compared to the index over the past four years. For instance, his stock basket delivered a remarkable 51.3% gain in 2025, whereas the S&P/TSX Composite Index only rose by 28.3%.
Market Insights and Trends
Historically, February has averaged a return of 0.7% for the S&P/TSX Composite Index. The industrials and energy sectors traditionally perform well during this month, showing average returns of 1.5% and 1.4%, respectively. Conversely, the technology sector tends to be weaker, averaging a -1.4% return.
Strategic Recommendations for 2026
In his February report, Mokhtari advises a cautious investment approach for 2026. He cited the overlap of two cycles: the second year of the U.S. presidential cycle and the fourth year of a bull market. He recommends maintaining a balanced portfolio, utilizing growth at a reasonable price (GARP) strategies, and incorporating defensive investments to mitigate risks.
For further insights and an in-depth Q&A with Sid Mokhtari regarding equity markets, stocks, and ETFs, stay tuned. Submit any questions to [email protected] with the subject line “question for Mr. Mokhtari.” Please note that not all questions can be addressed.
