UnlockRatingAllan Tong’s Discover Picks Trading on the Nasdaq, GoodRX IPO'd last week and doubled its asking price on day one. Then again, a few other tech IPO's also hit the markets recently and they too doubled. GoodRx offers a drug-comparison tool, indicating where to buy your prescriptions at the cheapest price. There's less need for that in Canada, which is blessed with universal healthcare, but can save thousands for the typical American. Read Uber Stock and Splunk Stock: 3 More Exciting Top Tech Stocks to Watch for our full analysis.
UnlockRatingNear-zero interest rates are definitely boosting real estate sales in apartments and houses. Borrowing is so cheap. A private buyer now would be making a bet in certain stable sectors during this pandemic: industrial warehouses, apartments in affordable parts of North America, and single-family rental homes (people can work anymore now). These are all stable and strong. However, retail, office and student houses have questionable stability and are at risk in this Covid environment.
UnlockRatingStockchase Research Editor: Michael O'Reilly In the search for a pandemic vaccine, JNJ is a potential winner. Leveraging off their proven technology with their Ebola, HIV and other vaccines, the company continues to develop a COVID-19 vaccine that presently shows strong immunity response in 99% of trials. It is also the only option that is testing a single-dose vaccine. Revenues have dipped 10% in the latest quarterly earnings, but that can be attributed to a slow down in elective procedures. It pays a good dividend backed by a 67% payout ratio. We would trade this with a stop-loss at $132. Yield 2.75% (Analysts’ price target is $165.06)
UnlockRatingBilly Kawasaki’s Insights - Picks from 5i Research. Technology, industrials and consumer stocks should do better if the low interest rate environment continues along with a higher inflation rate. Dividend stocks should also perform better with lower rates. The “anything but cash” mantra should make equities continue to be attractive. Unlock Premium - Try 5i Free
UnlockRatingNo Berman's Call this week due to holiday.
UnlockRatingThere is a feeling that reliable dividend payers are just like bonds. You need to buy companies that have a capacity to grow their dividends and this is more important than their current level. You also don’t want to risk that the dividend is cut. Dividends should be paid out of earnings.
Hudson Bay Co., Reitmans and More Earnings Reports this Week (Sep 28-Oct 02)
The TSX ended last week on a positive note, led by a rally in the technology sector. This week, there is some volatility to be expected, as investors await more news on the coronavirus trend and government updates. This week,… read more
