CIBC’s chief market technician Sid Mokhtari reveals his top 10 stock picks for May
CIBC chief market technician Sid Mokhtari has released his top 10 stock picks for May, featuring nine new additions and one carryover, with a focus on energy, financials, and diversified sectors. His stock selections have consistently outperformed the S&P/TSX Composite Index over the past four years, including a 12.75% gain in the first four months of 2026. Mokhtari's strategy emphasizes quality, value, and free cash flow yield, with a balanced approach combining momentum, trend, value, and income factors.
- ▪Sid Mokhtari's top stock picks for May include nine new stocks and one carryover, Restaurant Brands International Inc. (QSR-T).
- ▪In April, Mokhtari's portfolio rose 8.53%, outperforming the S&P/TSX Composite Index by 4.88 percentage points.
- ▪His stock selections have outperformed the S&P/TSX Composite Index for the past four calendar years, including a 51.3% return in 2025 versus 28.3% for the index.
- ▪The May portfolio includes three energy stocks: Cenovus Energy Inc. (CVE-T), Keyera Corp. (KEY-T), and Whitecap Resources Inc. (WCP-T).
- ▪Mokhtari's strategy emphasizes factor mapping focused on quality, value, and free cash flow yield, with less emphasis on AI-growth factors.
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Open this photo in gallery:Sid Mokhtari, chief market technician at CIBC Capital Markets.SuppliedShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountIn April, the S&P/TSX Composite Index rebounded 3.65 per cent, nearly recapturing its 4.58 per cent loss realized in March. Investors were rewarded for remaining invested in the market and maintaining a diversified portfolio.CIBC’s chief market technician Sid Mokhtari helps investors identify stocks with strong technical and quantitative characteristics that may lead to portfolio outperformance. Mr. Mokhtari publishes a monthly report with his top 10 stock ideas. He screens and selects stocks from the largest 100 members by market capitalization within the S&P/TSX Composite Index.
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