23 Stock Top Picks and 3 ETF (Jan 25-31)

Had a very good run. Positive surprises globally on cars sold. Good international exposure. Valuation makes it hard to get excited about buying today. Future headwinds from electrification, so the multiple will be capped. Should produce a decent quarter, so hold it if you have it.

It is an incredibly well run company. It is hard to duplicate the business so they have pretty good pricing power, at least over the last little while. It is more environmentally friendly than trucking. It is a good buying opportunity for the future, He thinks they will continue to grow.

UAL-Q or DAL-N. The airlines are the most prominent businesses that suffered directly from COVID and it is difficult to know when it will improve. Most of these companies have raised money recently. Both score poorly on most metrics he looks at. He would prefer AC-T over these two as it is liable to get…

The uptrend from 2016 to 2018 broke late last year, then has seen a head and shoulders bottom. It's a safe bet from here--should return to old highs, but doesn't know if it will rise even higher.

Rock star in a cyclical industry. Best of breed. Supported by government projects, which rolled over, and then Covid didn't help. Operationally, they're leaders. Industrials and cyclicals have started to perform over the last couple of months. Not quite yet time to own

They lead in wireless antennae for cell phones, satellites and sell globally. The pandemic has impacted sales. They had to pause a new plant in Vietnam. The 5G roll-out is back on track. They had to guide down and that pressured the stock. Also have a lot of debt. Overall, though, they will be fine…

He has their product in his office. The stock is struggling. They lowered guidance twice this year. They have a new management team in place. They are re-vamping their sales strategy. The change of management is taking more time than expected. Watch it as they try to go to a more professional organization. Turnarounds don't…

(A Top Pick Aug 27/20, Down 12%)Stockchase Research Editor: Michael O'Reilly We are choosing to remain disciplined and stick to our stop-loss at $35 and look for better alternatives. Now that key technical support has been breached it could try to retest lows near $25.

There is debt load and the primary asset is not operated in Eagleford. The differentials have also shrank to 9$ today. The debt hurts them and the market does not believe in $50 oil. He would prefer MEG.

A leverage play on heavy oil. It remains a core holding and he just bought another tranche yesterday. Demand for Canadian heavy oil is set to rise. The company has good capacity to bring it to the Gulf coast. The valuation is compelling with good cash flow. Oil at $50-$60 would mean this stock could…

He owns CNQ-T instead. It has been a very difficult period for all oil companies. You are seeing bigger and bigger acquisitions happening in the sector. They have done well in buying up businesses that will do well within their company. Their oil sands productions are near normal global emission standards. There is a perception…

Just beat earnings and have increased production. Cheap valuation compared to peers. But it's getting more expensive heading into 2021. There's no growth here, but that goes with the entire oil patch. The real issue is will they survive. Their balance sheet is getting better, but still high for a blue-chip name. You'll be saved…

The Line 3 replacement in the U.S. enjoyed a favourable ruling recently, getting the last permit (water) to start construction on Nov. 14. Caution: many times, they've gotten the greenlight only to halt at the last minute. He likes ENB.

(A Top Pick Nov 15/19, Down 31%) There were talks of expanding outside of Colombia during better times last year. MNA is no longer a priority. They are trying to maximize their share buybacks. A net cash, debt free company, which is a good position. The valuation is less attractive than others.

(A Top Pick Sep 05/19, Up 51%) They have great assets like Call of Duty and Candy Crush. They are the Disney of video games. They hope to have 1B user in the next year as they add more games on platforms and mobile.

He expects them to report excellent numbers on Tuesday. The CEO is excellent. Their problem is that they have business than they can handle.

They took a credibility hit after the Canadian army named them for several infractions at some retirement homes during the spring lockdown (some seniors died of Covid in Sienna home). They since made major management changes to beef up staff. The dividend is sustainable. The cost of operating these seniors' facililities has risen, though the…

He likes CVS a lot fundamentally and also on a valuation basis. The company is vertically integrating. They most recently bought an insurer and also introduced a good partial solution to costly healthcare solutions. The HealthHub gives access to a nurse partitioner who can prescribe medical treatment. There is a long run-way in this regard.…

(A Top Pick Aug 09/19, Up 10%) A cannabis company in Nevada. Like Indus, they cleaned up their situation and are turning around. They bought a large dispensary in Nevada near Reno. An overhang was owing the vendor a lot of money, but that vendor has become the new CEO has fixed that debt. CXXI…

A US company that's consolidating in the medical market (home lifts, ventilators, oxygen, etc.). He continues to like it. It was a past pick and since they made an acquisition. The stock has increased, though not as much as he expected. He predicts the valuation will be pretty attractive. This could be a takeover target…

(A Top Pick Aug 02/19, Up 22%) A defensive, not a cyclical, stock. Okay to own now, but as we exit this recession (this shortest ever), it's better to own cyclicals. They're an auto insurer and diversifying into commercial. They have a low cost base, a tailwind, and are diversified nationally in the U.S. But…

This is the backbone and infrastructure of E-commerce and logistics. All the big box warehouses near airports are fully leased and they need more of it especially in major hubs. There are 100 properties in the US. They have good institutional support. They trade 10% less than some of their Canadian peers but 30% cheaper…

It's real estate in 28 countries. It's something different for Canadians and worth having a look.

(A Top Pick Jan 29/19, Up 1.5%) Global Risk Parity balances the risk of growth and inflation. It balances the risks to keep you level. The peak draw down was 12% -- very manageable in the context of recent volatility.

(A Top Pick Sep 23/19, Up 15%) He's owned this since 2015. He feels bond yields will decline. As debt increases in the world, it stalls growth and leads to lower bond yields. During economy uncertainty, Canadian holders benefit from a weakening US dollar and lower yields, a double whammy. He will add to his…

(A Top Pick Jan 30/19, Up 85%) They have the market's attention. Later this year there is the decision whether they start up an older mine that has been mothballed for a while.