This week there were 23 Top Picks and 2 ETF in a wide range of industries: Financials, Industrials, Technology, Basic Materials, ETF, Consumer, Telecommunications and Energy.
Same thoughts as with Citibank today. Expect challenges in this space. A lot of recessionary concerns have been priced into US banks but are overdone. You could add a little at current levels.
There is lot of value hidden in this one. It is expensive but it is blue chip. It is like a mini-mutual fund.
(A Top Pick May 29/18, Up 4%) He really likes it. The company internalizes Management. They have the CPP contributed in. They own industrial properties in the heartland of the US. Renters are distribution centers. Logistics is a good theme. 94% occupancy rate.
Problem is we don't know what Prem's doing until he does it. Some things work, and some don't. Has always had difficulty figuring out what's going on with this company. It's supposed to be an insurance company, but it's not really. You're buying Prem, if you buy the company. He likes Prem, but if they…
Good for slowing economic growth? He owns this. This is a good as it diversifies away from real estate. He has a hard time buying at these valuations. He likes the assets like toll roads. He would buy back into the low $50s. Yield is close to 5% and the dividend grows by 5% each…
A robotics company. In a very cyclical business. They're skewed to the auto business within Japan and China, but lead in the motor and drive technology side. They've been beaten up in the past year, but're coming out of that down cycle now. (Analysts’ price target is $3117.65)
Largest solid waste company in North America. Slow growth but have pricing power. Increased 3% last year. Thinks that both volume and price are going to rise in 2010 but low single digits. Not particularly cheap.
Tow boats use sonar to sweep ocean floors for water mines from naval warfare. A niche product which creates barriers to entry from competitors. Just approved by the U.S. Navy for some of its products. The market is finally paying attention to this.
Too much regulatory risk here, because they hold such a huge share of internet share, which would attract anti-trust regulation. He'll wait for any anti-trust investigation to finish first. He'll wait.
It is a high growth, high expectation, high multiple stock. She would move to another stock: V-N. Buy it on a pullback. (Analysts’ price target is $219.00)
A money-printing machine. Amazing. It bumped up its dividend by 11% and announced a huge buyback. Recently, it's broken its uptrend, but not to worry. It may be a good time to enter MSFT from now into December.
She does own this one and the recent pullback offers a good buy in point now. They are generating new synergies and cash flow from the potash and retail operations. The dividend yield is attractive. There was a very delayed planting season in the US, so crop yields will have to be watched going forward.…
The operational performance has been extraordinary. You are paying up for quality now after the stock had a big run.
Commodities get vulnerable when there is concern about the market. If he was to buy a metals producer he would buy RIO-N, which is sitting on a rising moving average. TECK.B appears to have lost its upward momentum. The yield on both of these is above 5% and it will become a favorite space once…
US Long Bonds. TLT-Q is the benchmark for long bonds. He just bought some in all his portfolios. Trade the range. Buy on dips. This will be the best protection in the next global economic downtown. These bonds are always the flight to safety.
Emerging Markets ETF. Great deal of volatility but good for younger children for the long term if you want growth.
He just bought it last month. It pulled back last year, but have recovered. They enjoy high returns on capital and rapid growth, more than most retailers. They're opening new stores. They're exercised their option to buy Dollar City in Latin America, virgin territory with no competitors in this space; this operation will grow for…
Got a little weak. In early August, it made a new high and then came back down. It has a moving average at around $1735, which would be a base. It would probably line up with the bottoms of the last several months. If buying for new clients today, he would not take a full…
10.625% Bonds due July 15/15. One of the largest heavy discount US retailers. No sales over $10. Because of the recession, same-store sales have been fantastic and growing about 8%-10%.
A safe haven stock. A great yield and the dividend grows yearly. If interest rates fall, it will continue to look good. Earnings are growing as well. Yield 5.14% (Analysts’ price target is $62.14)
He says this company is trading below book value, when historically it has traded at 2 times book. He still worries about low oil prices and how it impacts next quarterly earnings. He would buy this under $2.
85% light oil and 15% natural gas. It is a very low payout ratio. It is a monthly payout of more than 7%. It will be a fabulous rate of return. (Analysts’ price target is $2.15)
LNG Canada is coming on in 2023 – a long time to protect the balance sheet. He does not like the level of debt as it handcuffs any financial gains. He would not own this.