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.
Have interest rates bottomed out? JPM's earnings were spectacular and so he thinks there is no reason why this one can't do as well. He prefers JPM-N from an execution point of view.
It under-performed last year. It has a wonderful portfolio of assets. It should perform well in a strengthening economy. He would be a buyer here. They are able to make great purchases when the opportunities arise.
Likes the industrial REIT space, very popular among investors now; it benefits from e-commerce. Solid managers. Properties are entirely in the US midwest, some being challenged markets. So, he doesn't see higher growth. Buy Dream Industrial or Summit REITs instead.
Insurance and hedge businesses lead to some volatility in earnings. The chart doesn't show much, neutral, and doesn't indicate much opportunity. Can't see it going up or down. It's stuck in a range.
(A Top Pick Jan 18/19, Up 31%) This plays offence and defence, and was well-priced at the time. Still growing AFFO at 15% compounded annually. Despite great growth, still reasonable at 15x price to AFFO. You can still own this.
(A Top Pick Jan 22/19, Up 41%) You had to be patient with this one. They are involved in Japanese robotics. It is very cyclical. They are a darling on the Japanese market. His target is $95 -- still not too expensive.
A solid waste management company in a defensive sector that is fragmented; this allows WM to buy smaller companies. WM has done well, but it's now too expensive to enter. There's also some cyclicality here, so in a slowdown there may be less garbage from the industrial space.
(A Top Pick Jan 23/19, Up 27%) Only a $90 million cap company. They have underwater vessels that map out the ground underwater for military use. Big contracts with the naby are ramping up revenues from $6.5 million to $39 million in projected 2020 revenues with EPS at 6 cents. It trades at only 10x…
Google is still expanding their tech into our daily lives, globally. They have a great growth runway ahead.
In a highly populated place, this product really does work as well as the ecosystem that surrounds it. This is quite an inexpensive company and there is upside over time. This is definitely one to look at for exposure to the Chinese market.
It is a laggard. They pioneered field programmable gate arrays. They are now back to trend and the risk/reward looks pretty good. (Analysts’ price target is $108.10)
He owns it and they are starting to go a little parabolic. This is usually a sign that buying pressure will be exhausted at some point, but you might want to get some. They are hitting on all cylinders and are doing great in the cloud. Their traditional windows franchise is a cash cow. The…
It comes down to demand from China. The price does not reflect the story, which worries him. It's in a down channel. He needs to see 3-6 months of base-building to convince him to step in. The street is too optimistic about NTR.
(A Top Pick Mar 15/19, Up 26%) Merger with Detour Gold is creating a better entity. Longer streamed production, better leverage on the balance sheet. It will be 10% of his portfolio.
The phase one signing will bring great relief to the materials and resources stocks. E-cars need a lot of copper. Teck hasn't made money for anybody in the last 16 years. He can't predict commodity and materials prices and won't bother. He prefers companies with pricing power which these sectors don't have. No, not for…
(A Top Pick Jan 21/19, Up 18%) You aren't going to hear a lot of talk of long dated treasuries. If you go back to 1982 and compare 30 year bonds and equity markets through to today they have done similarly except the bonds have had less volatility. The TLT-T is the best hedge for…
Likes the international markets. Don't go haywire on it. It's in recovery mode after being an underperformer for a couple of years.
(A Top Pick Jan 21/19, Up 29%) He trimmed them in the mid-to high $50s about a year or so ago and then added them back. They exercised their option to take a 50.1 stake in a chain in South America. They do everything very carefully. He thinks it could be a really nice growth…
(A Top Pick Jan 22/19, Up 10%) Competition has since gotten fierce, so he sold it. It's still a good sector because of growing demand from Asian tourists. He made some money.
Decent growth rate of 11-12%. Resilient stock in case of a recession. Very smart rural locations, away from competitors. Strong technical chart.
vs. Verizon Verizon is a good US income stock. Own this in a non-registered account to avoid the tax hit. Better to own BCE, because it won't be taxed in a sheltered account.
It is very cheap at current levels. They are involved in key Viking plays and are 62% liquids. He has a $4 target and a NAV of $1.80. He is watching, but might go with a dividend paying stock instead.
He likes their dividend model. They are 85% liquids. He thinks they could increase the dividend come 2021. It trades at 2 times cash flow currently. His target is $2.41 per share. Yield 9.62% (Analysts’ price target is $1.58)
(A Top Pick Aug 13/18, Down 61%) They disenfranchised the Canadian shareholders. He sold out sooner before the de listing, so did not do as badly, nor did his subscribers. He disagrees with their move.
They are more levered towards natural gas. It all comes down to being able to live with the volatility. Anything related to Montney natural gas is betting on LNG, which may not come quickly enough. He would stay away.