Dan Rohinton’s Top Picks for Nov. 9, 2026

Summary

• Dan Rohinton, VP & Portfolio Manager at iA Global Asset Management, identifies Broadcom, Alphabet & CMS Energy as current top picks.
• The S&P 500 & Nasdaq experienced their worst day since April 2025 due to midterm results raising AI regulation risks.
• The economy remains resilient with strong payrolls & earnings despite market volatility & shifting leadership.
• Broadcom leads in custom AI chips & networking with 86% revenue growth, tripled AI semiconductor revenue, & management expecting AI revenue to double annually for the next two years.
• Alphabet reports 25% revenue growth, doubled Google Cloud revenue with 36% margins, & a $560B cloud backlog despite capex weighing on free cash flow.
• CMS Energy beat Q3 adjusted EPS, reaffirmed guidance for 6-8% growth, & benefits from NorthStar wind-down & load growth from manufacturing & semis.
• Past picks from November 2025 include Linde (25% return), Amazon.com (7% return), & Taiwan Semiconductor (27% return) with an average total return of 21%.
• The strategy favors high-quality businesses with strong cash generation & opportunities where good companies were sold for macro or policy reasons.