Looking for a formula for successful stock investing? RBC Bank's Joseph Keating sums it up in three words: exceptionally high quality. Companies in that category, he says, are likeliest to hold onto their dividends.
He encourages investors to take advantage of what he sees as "some real opportunities."
(See Part 2 for his Health Care/Pharma picks)
"You've always been able to buy Procter & Gamble and Colgate Palmolive, but the dividend yield was around 1, 1/2 percent; the dividend yields on those companies today are closer to 3 percent," Keating told CNBC. "That's a real opportunity."
Consumer staples is not the only sector where he spots opportunities.
"We love the energy infrastructure in the United States," he said. "Two high-class companies in thepipeline arena are Kinder Morgan Energy Partners and Enterprise Products Partners; you're getting distributions of around 8 1/2 to 9 percent."
He also has some telecom favorites.