Stock Picks for June 2026
Today is June 19th, 2026 and it’s time for some new stock picks!
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Market overview and outlook
Speculation in the capital markets remains rampant with Artificial Intelligence (AI) related stocks like SpaceX becoming public as the most valuable Initial Public Offering (IPO) and immediately trading higher. Valuations for stocks are very high and the general economy excluding AI spending is generally flat. Much like how things have been since the fall of 2025, or perhaps even earlier.
While most market participants are focusing on hot AI related stocks we look for good businesses at good prices as always. We believe this is the best way to invest. So stocks with good balance sheets, strong profit margins, consistent profitability, good future outlook and reasonable valuations… Hard to do but we believe we can. Here are our latest top picks.
Anglogold Ashanti PLC (NYSE: AU)
This is a gold miner, with production in Argentina, Australia, Brazil, and Africa. Silver and sulfuric acid are by-products of gold mining for this company too.
The bullish thesis for precious metal miners is arguably the strongest it has been in years, driven by a powerful combination of expanding margins and historically cheap valuations. With gold prices maintaining record strength and silver benefiting from both monetary safe-haven flows and surging green-energy industrial demand, producers are generating massive free cash flow. However, unlike previous cycles, mining equities have largely avoided “frothy” speculative premiums; many top-tier miners are still trading at single-digit free cash flow multiples despite the underlying commodities soaring. When you pair this glaring valuation disconnect with highly disciplined capital allocation—such as aggressive share buybacks and dividends—and a macro environment defined by persistent geopolitical tension and relentless central bank accumulation, the setup for a sustained, multi-year re-rating in gold and silver mining equities is exceptionally compelling.
Angolgold is a solid company, well diversified geographically, generating a record free cash-flow and it recently announced a record dividend along with a massive share repurchase program. I like it for the long term.
Federated Hermes Inc (NYSE:FHI)
My second stock pick is going to be an investment company, Federated Hermes. s engaged in the provision of investment management products and related financial services.
The recent rise in markets has increased assets under management (AUM) for wealth management companies and the ongoing generational wealth transfer creates sticky, long-term demand for active advisory and retirement planning.
Federated Hermes is uniquely positioned to capitalize on these sector-wide trends, operating from a position of profound strength in mid-2026. The company has a record AUM growth, aggressive shareholder yield, and a valuation disconnect.
Despite pristine financial health and massive asset inflows, FHI trades at a highly discounted forward P/E multiple compared to the broader market, presenting a compelling value and income setup.
Perdoceo Education Corp. (NASDAQ: PDRO)
My third stock pick is a company in the post secondary career focused education business. It operates Colorado Technical University (CTU), The American InterContinental University System (AIUS or AIU System), and The University of St. Augustine for Health Sciences (USAHS).
The postsecondary and career-focused education sector is experiencing a structural renaissance in 2026. As traditional four-year universities face mounting scrutiny over soaring tuition costs and questionable return on investment, demand is surging for flexible, online, and skills-based programs. This shift creates a powerful macroeconomic tailwind for operators offering cost-effective, career-aligned degrees, particularly in high-demand fields like healthcare, business, and technology.
Perdoceo stands out as a highly compelling investment, blending pristine financial health with a deeply discounted valuation, exactly what we like in stocks. Strong balance sheet, good profitability and a low valuation at 11x forward price to earnings ration.
Give Us a Call
As always, if you have questions about whether these stocks fit in your portfolio or if you have any other investment-related questions, give us a call! 604-288-2084
Thank you!
- Stock Picks for June 2026 - June 19, 2026
- Top ideas for new money for 2026 - January 12, 2026
- Stock Picks for January 2026 - January 7, 2026
