This week there were 23 Top Picks and 5 ETF in a wide range of industries: Consumer, Financials, Industrials, Technology and ETF.
Here are this week’s Top Picks as selected by: Bruce Campbell, Chris Stuchberr, John O´Connell, Hap (Robert) Sn, Gerard Ferguson, Colin Stewart, Gordon Reid, Cameron Hurst, Terry Shaunessy and David Burrows.
He likes DIS as a long term hold. They are integrated with all their intellectual property (streaming, parks, products, etc.). They have generations of fans. In the near term it will be rocky roads, due to the parks and cruises that they will have to deal with. He is unsure though if it is time…
Likes it. He hasn't bought it, because he isn't sure which stock to own in this sector. Abbott and Boston Scientific are better choices, he thinks, with more upside potential given product innovation.
vs. Loblaw Has exposure to commodity prices so it is a little cyclical. Loblaw is slow growth but stable. MFI is probably getting hit by the coronavirus, but investing in plant-based protein which is promising. He wants to see how this plays out before investing.
(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.
Likes it. Monumental run over the last 10 years. Really well run. People probably won't do fewer renovations because of the coronavirus. Will continue to be under pressure on market speculation. Long-term, really likes this company.
(A Top Pick Apr 30/19, Down 22%) It is disappointing. This is the bank he thinks it is either number 1 or 2. There is no question that banks will feel some pain here.
(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,…
(A Top Pick Sep 12/19, Up 2%) He still thinks Prem Watsa will deliver. FFH has a global reach and long-term commitment to India. $540-600 band is supportive, but he's looking for upside above $600-620. If so, this could go to $800.
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.
This has done so well as the majority are rental properties mostly in Toronto, where the market is so tight. They have been able to increase rents. The valuation is high now, trading at 28 times free cash flow. They also have exposure in the Netherlands. The asset class is so desirable right now. Maybe…
He thinks it is a pretty good company and the present crisis will not affect it as much as other sectors. Grain and so on will still have to be moved. It will be fine in the long term.
In the construction space his favorite is WSP Global. SOX is similar and he thinks they may be a value trap as there is some concerns about the dividend, the strength of the balance sheet and their ties to the energy sector.
Playing the Raytheon merger and aerospace sector. You need to own the new Raytheon if you want to own aerospace, because the remaining pieces of UTX won't be involved here. But you need to be positive about a recovery in commercial aircraft, which of course is challenged during this pandemic. So, it makes more sense…
(A Top Pick Jun 27/19, Up 18%) Kansas City Southern and CP have both come out of multi-year consolidations and will benefit from a stronger economy and pick-up in trade.
The US airline industry has been one of the worst behaviorists in terms of borrowing money and buying back shares. AC-T did that as well. In the US a lot of their dividends can't be paid for years and years but he does not know if that applies to AC-T. He thinks there may be…
(A Top Pick Feb 05/19, Up 28%) They are automating their factories more. It has grown pretty aggressively in the health care sector. That business is not dependent on the economy. It is trading at a discount to some of its peers.
A cloud management company. They manage a company's cloud storage and inputs. They are able to manage costs well and add value to the operations. They have a great balance sheet. They have 20% plus growth for a number of years. (Analysts’ price target is $24.10)
He's moved to the sidelines on Google, because ads are their primary revenues. In every recession, ad revenues fall hard. He owns Amazon, which already earns ad revenues. It's early to get exposure to advertising, because ad budgets may get cut in the near term. But if this is a short recession that'll end in…
It suffered some hiccups last year. It is taking a lot longer to roll out 5G than expected. It is a good buying opportunity. They have a bright future but you have to be patient.
Is among good Canadian tech stocks or else buy XIT ETF. KXS has been volatile, but lately has been improving. Its November move upwards was good. Stick with it, if you already own.
He's still concerned about getting Facebook's earnings in a month when that is released. Likely then, he will bring down his hedge and get more invested in this and other big tech companies.
(A Top Pick Feb 07/19, Up 35%) He sold last summer because there was too much volatility. It trades at 100 times earnings. It is a great business but had a bit of a pull back over the summer. He has stop losses on all his holdings. It is a great company but he had…
V-N vs. MA-N. They are great companies and there is nothing to compare with them. They have tremendous runways of growth ahead of them. They are down because retail spending is down. It is a wonderful buying opportunity.
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
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.
Use this list wisely to identify buying opportunities.
Happy trading !!!