This week there were 23 Top Picks and 3 ETF in a wide range of industries: Consumer, Industrials, Energy, Technology, Healthcare, Financials, ETF and Basic Materials.
The stock has taken a hit since they reported weaker earnings, but they are a global operator and pay a decent yield. He owns no car stocks; it's a tough sector with trade tensions overhanging it. He slightly prefers Martinrea.
In an industrial complex, it would be comparable to a General Electric (GE-T) or something similar. Feels the whole industrial complex in that space will move higher. Not as keen on this business simply because of the emerging-market exposure it has. In different segments of their businesses, there is fairly flat to slightly negative growth.…
Quarter reported lower, so stock's down a bit. Business is fundamentally strong, still growing. Will benefit from urbanization. Trading at a low multiple. Defensive way to play the industrial space right now. Yield is 5.44%. (Analysts’ price target is $40.00)
Global leader of valves from Montreal. Classic value play, trading just above 1 times NAV. They report in US dollars. About 11 times earnings. The founder is 97 years old. If it is ever sold he figures it could get as much as $30 a share.
(A Top Pick July 3/15. Down 17.93%.) A really interesting company and is in the early innings of its growth phase. They are really trying to do something brand-new, building interior office solutions. It is now into hospitals, schools, and now even getting into residential. Earnings tend to be fairly lumpy, so he traded out…
He tries to find companies that are good and getting better than the peer group. They’ll produce about 7000 barrels a day this year and 17,000 barrels a day next year and 25,000 barrels a day the year after that. Enormous growth. Uses technology in the Permian Basin to really grow their reserves and production.…
Not a fan. Debt level is high at 69%. Narrowing differentials is helping. Management increased its pay package, even though stock is on sale at 2 for 1. This isn't right. When you get your proxy, take a stand and make your vote count.
Breaking News The unsolicited offer has been given an exemption by the ASC that avoids having to provide identical consideration to all securities holders. This means MEG will plan to waive its shareholder rights plan, but still plans to reject the offer the Husky. He feels this is an unusual decision by the ASC and…
The weighting of energy on the TSX from the low-30s% to 18% and SU makes up a big part of that 18%. SU has been the go-to Canadian oil stock. You can make money on SU, but there are less risky stocks out there.
High trade volume? She does not hold any energy producers at all right now, due to the takeaway issues and low commodity prices. Their $5 billion acquisition of Newfield turned the market off. The apathy in the market is not attractive to her as an investor.
(A Top Pick Aug 08/18, Up 3%) Quite good value here still. Line 3 and 5 risks will be manageable and should be able to stay on schedule. The company has rebalanced their balance sheet as they said they would. An attractive yield over 6%.
It is testing recent highs of Oct. 2018 and could break out. As for WTI oil, it could hit $80-90, but expects strong resistance at $66. He's bearish commodities. It's okay to hold oil now to the summer, then peel back your holdings.
(A Top Pick Jan 28/19, Down 8%) It hasn't sold it and he'd still hold it. It needs more time. The risk is up, not down.
A great company and one of his largest holdings. He love the subscription business. The cloud business is just another natural for them. Over 50% of their sales come internationally. It trades at 30 times earnings and has grown the dividend by 10% yearly. You have to own this. Yield 1.5%
Great company. They have some government-funded assets, but are also expanding more into the private pay. There is a lot of growth there. If you are a REIT investor, you want to have exposure to the seniors living space, because it is going to outperform any of the other REITs over the next cycle.
He's lost money on this. A complicated company. Their pharma operation is easy to understand, but Amazon poses a big risk to these companies. Big.
They trade at about 1 times revenue. They are trying to get a dispensary in Nevada where Tesla is putting in their factory.
They just released earnings this week and they have been turning their business around -- increasing margins and growing organically. Management owns about 18% of the shares and it trades at 5 times earnings. He thinks it could trade at twice that level. They are involved in patient home monitoring. Yield 0% (Analysts’ price target…
Although it always looks expensive it is a great niche little auto company. Very well-managed and very focused. Still a lot of earnings momentum to come.
They have a great asset type, focused in the US. But we have seen no cash flow increase in a couple of years. The management team is great.
This is a good global balanced fund with low-risk, offering diversification for Canadian portfolios.
It's a great summer play and is now weakening. For the past year it's been consolidating. It could find support, but seasonablity works against it--bonds do well until October, then get out. Why? As on October, risk-on trade takes hold. With rising US rates and risk-on trade, he's no confident that TLT will get a…
(A Top Pick Jan 10/06. Up 60%.) Has completed financing and will have 2 mines in production by the end of the summer.
Use this list wisely to identify buying opportunities.
Happy trading !!!