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.
(A Top Pick Jul 30/20, Up 44.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BAC has achieved its $36 objective. To be disciplined, we recommend covering 50% of the position. With a stop at $30 for the remainder, this would all but guarantee a minimum investment return exceeding 32%.
(A Top Pick Jan 29/20, Up 4%) It's underperformed in the past 6 months because of the tech rally, but he expects this story to flip as Berkshire's hard assets will outperform the Nasdaq. So, now is a good time to own this. Also, he gets exposed to Apple via BRK. (He sold Apple given…
He loves industrial REITs because of e-commerce. Their holdings are all in the US. Interest rates are low, so refinancing is cheap. Best in class. (Analysts’ price target is $19.53)
An insurance company that uses the premiums to invest in businesses. The quarterly results of the company can be quite volatile. Has lagged the overall market this year. A stable long term business but there are more attractive opportunities elsewhere.
BIP.UN vs. BAM Strong earnings. Sale of Enwave gave them a healthy profit. BAM is also a great company to invest in, especially as it's trading at a discount to NAV. But with BAM, you get exposure to BPY, BEP, and the rest of the suite. BIP is more of an operational manager. If you…
(A Top Pick Jan 22/19, Up 36%) There is some cyclicality in robotics in Japan, but they are one of two world leaders. He still owns it.
Is there a relationship between the hot EV craze, Biden in office now and ESG with WM, America's biggest recycler? Doesn't see a connection. WM makes the most business out of home building and construction, instead. Also in fuel cells and methane, but those just aren't ESG. He likes WM though.
It's doing better now. Their sonor device looks for underwater mines and does underground mapping of pipelines. Earnings are expected to leap to 5 cents in 2021 to give it a 10x PE. If so, then there's a $1 target minimum. Lots of upside.
Fractional shares to buy instead of playing the short squeeze of GameStop, AMC, etc. Has many overlooked businesses: healthcare, mobility, entertainment. They've barely monetized many businesses, so there's potential. Meanwhile, they're #3 in cloud computing. It's also a reopening play; travel advertising will return to Google.
Rumour of AMD buying Xilinx AMD would really benefit for Xilinx which makes great chips for autos, defence and telcos. Buying Xilinx would expand AMD's exposure to these sectors and their overall market. The deal is good, but only at the right price--if it happens. The AMD CEO is great. If the deal happens and…
Their cloud business re-accelerated growth up to 40% last quarter. Companies are moving to them. He sees it moving to $300 before the end of the year. (Analysts’ price target is $277.80)
If US dollar falls, or inflation starts to rise, farmers should have more income to buy fertilizer and seeds. Will benefit from rising potash and nitrogen prices. Usually happens at this stage in the economy if we truly are going to get a breakout. Yield is 3.27%. (Analysts’ price target is $73.38)
Stockchase Research Editor: Michael O'Reilly KL just reported record levels for production, revenue, and earnings -- all while avoiding pandemic related delays. It trades 15x earnings, compared to its peers at 23x. They have repurchased over $700 million of its stock and boosted dividends twice last year. The dividend is reaching attractive levels and is…
Would buy at these prices. They are trying to ramp up their copper which is positive. A good place to be. The stock is not expensive right now, and it is one of the best in the space to buy right now.
Bond yields have been one of the biggest stories in the past several months. 10-year yields in the US continue to move higher. Be careful about buying it here. Opportunity for long rates to move higher.
A strong one. Vanguard and iShares also have offerings. EM can benefit going forward. One of prime beneficiaries of a Covid recovery, steepening interest rates, and a Biden presidency. Allocate more capital to this space.
Good name in the TSX. One of the better growth names. 15% growth rate going forward. 24x forward PE. He's not into consumer staples at this point, favours cyclicals.
(A Top Pick Jan 30/20, Up 18%) Continues to buy. Growth from emerging markets over the next 10 years is quite strong. Normalization of activity will bring revenue to pre-pandemic levels by 2022. Diversified.
DG vs. DLTR Likes the dollar store trade in general. He took profits in this name. Prefers DG, as it benefits from being in rural areas, away from the Targets and Walmarts. DLTR has a lot of urban competition. In the next 3-5 years, he prefers DG.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It’s one of the safest blue chip stocks, although it is not completely risk-free. It is a good choice for conservative investors. An allocation of around 10% for telecom would be good depending on your risk tolerance. Unlock Premium - Try 5i Free
It's one of the cheapest energy stocks in the world. They just entered the Clearwater, the most profitable oil play in Canada. They'll generate gobs of free cash flow in 2022, enough to buy back all their shares using three years of cash. He sees well more than 100% upside. (Analysts’ price target is $2.09)
Consolidation of the small and mid-cap names is an important theme. There are better names to own in the space.
(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.
Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies may be difficult…