23 Stock Top Picks and 5 ETF (Feb 01-07)

He used to own it, but sold it. There were worries about theme parks, cruise ships and movies. These worries have not passed. The Disney+ is doing well and they have good licenses. If the theme park business was spun out and covid disappears, it could be a good pick.

He just bought a huge chunk this morning. A company that makes medical devices and is the leader in hips, knees and shoulder replacement. The sales force is their moat. It is able to pivot really quickly. They produce the best products, makes good acquisitions and deploys cash well.

A solid long term hold. You might need to have patience, as they are investing their cashflow into plant based alternative foods that have good long term potential. However, short-term it does not lead to the profitability investors are looking for. Long term dynamics look good once they realize their investment benefits. A defensive stock…

(A Top Pick Feb 06/19, Up 47%) Small caps are in the sweet spot. This is a home-builder stock, driven by strong US consumers, low interest rates and low unemployment.

Long been a favourite pick. They've grown their dividend growing 25%/year over the last 5 years. Are growing same-store sales 2x the rate of GDP. Consumers have some cash to spend near-term, thanks to stimulus. Also, people can't travel, but are doing home improvements. Some weakness in selling to professional contractors, but home consumers have…

It could be a good time to accumulate around these levels. They have probably passed their highest credit losses now. Government support is also important and losses were not as high as expected. They have good capital and the dividend is here to stay and is safe. Interest rates support a good performance in the…

(A Top Pick May 27/19, Up 1%) When interest rates rose in Q4, the stock fell down. The stock moves according to rates and not the fundamentals of the insurance industry, which frustrated him. So he exited. PGR has been doing well, because rates plunge and fewer people are driving, hence getting into car accidents,…

He thinks they failed on several fronts. Their insurance division faces interest rates that are zero or going negative. If we stay in a deflation world, it will be hell for them for the next several years. He sees no reason to own this right now.

Crown Castle and American Tower represent 20% of this ETF; this is the whole 5G craze, since they own the towers needed for 5G. No problems holding this. He has no worries.

It has been added to the TSX-60. Immigration will pick up after the virus. They focus on mid-level apartment buildings. Their rents are undervalued. As there is turnover, they are able to charge market rents. They are looking to grow their European division. (Analysts’ price target is $56.23)

They are expected to grow their bottom line by 10% through organic growth and buy backs. If you are a long term share holder, you should buy in batches and not wait for a pull-back. It is a great business and is resilient during any environment.

Pure engineering and design, no construction. All but 16% of revenues are outside of Canada. Grows organically and by acquisition. Very strong balance sheet, which was fortified by an equity issue a month ago. Transportation infrastructure is over 50% of their revenue, which will benefit from government stimulus. Yield is 1.77%. (Analysts’ price target is…

Quite high on it. Near term bumps in the road. UTX is highly correlated with the aerospace business. Raytheon is more insulated. Together, sees an $8-9 rise in stock price. Thinks they can generate a lot of cash. You might have to show a bit of patience with it. It will do well once the…

Canadian rails enjoy a duopoly, but we know that grains and other resources will get shipped. CP is more efficient than CN, and is very well-run. He owns CNR. Investors should own either.

They've been raising a lot of money, even under distress. He hears they were burning $20 million per day until they did layoffs. Problem with airlines is that they don't know when operations will return to normal, while customers are staying away. Airlines must keep paying staff and storing planes. Buying any airline now is…

Robot factories and processes. On-shoring and building new plants will create good opportunities for them. They are quite undervalued to their peers and have a great cash flow profile. They have been involved in developing COVID-19 testing kits. Yield 0% (Analysts’ price target is $25.42)

(A Top Pick May 06/19, Down 23%) Still likes it. A cloud stock. He'd be buying it now. Great balance sheet. Demand is solid and still there. New economy stocks will survive and thrive, benefitting from people staying home on their computers. Internet meetings could become the New Normal. People are using their computers more…

Online advertising is a continuing trend. She's chosen Alphabet instead of FB, which has to keep spending money to deal with these regulatory issues. You want a very strong balance sheet. Alphabet has net cash, so they have more cash than debt and can fund their own growth.

He follows them, but has not yet invested. They design and manufacture active microwave products. The main reason he has not invested, is that they are not profitable. (Analysts’ price target is $1.65)

To sell or buy more depends on your gain so far. Canadian success story. Somewhat slow to acquire new assets. If you're value agnostic, it's a great company. If valuation is a concern, stay away from it. If the market moves higher, it will too. If there's a correction, it will suffer.

FB has many levers to pull. Their platform is only partially monetized. Small/medium-sized businesses have been adding services in droves; FB could become a commerce website is significant. Their platforms all have massive user bases. The stock isn't technically stretched now. Sure, there are worries over regulation, but regulation would take years to happen. Now…

They developed a cloud computing platform to help companies with digital operations. Founded in 2003, it IPO's in 2012 and has since acquired several good companies. He particularly likes that 90% of their revenue is recurring. This reduces the risk. Although a little pricey at 15 times revenues. He would look to buy around $325.…

MA vs. V Both too expensive. Trading at double market multiple, which is extreme for what they offer. Stepped aside because of valuation.

It's a good place to start, low-cost and liquid. Long-term this is set up for a good return. But this is very broad-based, overweighting the winners of recent years. He prefers specific

Brazil is the one country with a growing PMI. This economy could do very well.

It specializes in medical devices and equipment. He has held this over a year and a half. He likes the diversification it offers. He is not sure which of the holdings are involved in manufacturing defibrillators.

Not yet. Investors can re-balance their portfolios. If you aimed for one percentage of equities and another for bonds, you can move money to maintain that balance. That is one of the most prudent things people can do. The bottoms are not in yet.

(A Top Pick Jan 07/19, Up 14%) They are one of the lead orders on this. There was a technical issue where it was listed on the TSX and NEO. The fund refused to list it on the TSX. It doesn't have good liquidity due to this and so they gave it up.