Alphabet Inc (GOOG)

He looks for secular structural themes that go on whether or not the economy is getting better. This is right in the centre of digital advertising. Digital advertising is still growing very rapidly and taking market share from traditional broadcast media. This is the thousand-pound gorilla. They have growth in many different areas. You don’t pay a lot for some of the “skunk works” operations they’ve got going on in the background, but that could have real value going forward. This has consolidated over the summer and sitting very close to the highs in a market that is not. This area will grow 10% a year going forward, and their growth is accelerating.

They will monetize Android at some point. They own the search space. They know everything about the consumer. Their mobile platform is growing significantly.

(Market Call Minute.) One of the finest companies around. Just a phenomenal company that is hitting it out of the park.

(Market Call Minute.) A company that continues to grow rapidly. Its multiple has come down to fairly reasonable levels. Their initiative is just as strong as it always was.

This is a simple story. Online advertising, a high growth area. Between this company and Facebook (FB-Q) they own it totally. The greatest search engine in the world. They have the Android operating system, which is on 70% of the smart phones out there, and they give it away for free. If they ever monetized it! They make great acquisitions.

(Market Call Minute) In three months time who knows, but in 5 years it will be a beautifully growing company.

(Top Pick Aug 6/15, Up 21.21%) He thinks it is a great company. He likes the recurring revenue from their various products. He also likes that you are buying lottery tickets on all the things they are inventing.

It has tremendous long term growth potential. Even today’s valuation is not all that expensive. They do a god job of getting mobile advertising dollars. They have significant market share in the cloud.

They own digital advertising very well and the search engine is strong. With the Android system they have 75%+ of global mobile devices running on this platform. If they ever monetize that, there would be tremendous value. They kick off huge cash flows. You are getting this for a market multiple.

Earnings are coming up soon, so you need to make a decision on how you feel about their earnings report. Of all the tech stocks, this has lots of growth, well-managed and is relatively cheap. Longer term she likes this.

Digital advertising is one of his favourite themes. There are no competitors that can stack up to this and Facebook (FB-Q).

(Top Pick May 13/16, Up 1.23%) They can monetize YouTube. More money is coming from TVs, Google and YouTube. It is a phenomenal story and they still like it.

Internet names have pulled back in the last few weeks, and are just starting to recover now. This is well positioned for a secular play on Internet online advertising, because they are the leading search engine. They will garner a good portion of the advertising budgets for companies that do that. Online advertising only accounts for about 35% of the overall budget, so she thinks it is going to be continued growth in that category. Attractively valued.

(Market Call Minute) If you have a long term time horizon of 5 to 10 years they are a good company to own.

The only FANG stock he likes, because it is the most profitable and has a wonderful balance sheet, and they dominate the search business. This is one you could definitely buy here. Just keep in mind that the Cdn$ is also down. An attractive entry point.