This week there were 24 Top Picks and 3 ETF in a wide range of industries: ETF, Financials, Technology, Healtcare, Consumer, Basic Materials, Industrials, Energy, Telecommunications and Utilities.
Here are this week’s Top Picks as selected by: David Cockfield, Fabrice Taylor, James Hodgins, Brooke Thackray, Michael Sprung, Ryan Bushell, Jaime Carrasco, Robert McWhirte, Michael Simpson and David Driscoll.
(A Top Pick Jan 11/19, Up 22%) A very safe ETFs. Low volatility stocks that are sort of dull, but they have done quite well in the markets recently.
(A Top Pick Jan 11/19, Up 19%) A pretty conservative way to approach the market. Mainly utility type stocks that don’t bounce around. It’s worked quite well.
This is the catch-up trade, anticipating the rotation from the winners to the losers. The Russell has underperformed this year but has just broken out. There was a massive consolidation this summer. He wouldn't be surprised if a wider pullback, pulled this back too. Nov.9-April 3 is seasonality for the Russell 2000.
(A Top Pick Jan 10/19, Up 11%) The Canadian banks lagged the TSX last year, but 11% is a reasonable return. The banks increased loan-loss provisions. Last quarter's Ameritrade deal leaves TD with 10% of Schwab, a fair portion. She likes their positioning in the US. Yields nearly 4% and happy to hold it.
Canadian Banks? He is very pessimistic on Canada in general. We are the whipping horse of the world right now. He is not a fan of this sector. News of high loan loss provisions is making him nervous and he sees global shorting going on. He favours US banks instead. If he were to look…
Not a quality growth company. MFC is too hard for him to figure out. He'd rather buy a Canadian or American bank like National Bank.
Populated by public and private investments in India. One stock he would tuck away for 10 years. India is the largest democracy, and corporate tax cuts have been encouraging. Fundamentals are looking great for India.
He has been investing in this for almost three years now. They received Health Canada approval for a new brain stimulation medical device last fall. They are awaiting FDA approval in the US. It magnifies the result of physio-therapy for the brain and the technology is safe. It is a billion dollar business if it…
A very solid business, making most of the syringes etc. used in hospitals world-wide. This business is growing. They sell at 25+ times earnings because of the quality of the business. (Analysts’ price target is $282.00)
(A Top Pick Oct 28/19, Up 17%) It's up 52% in the past year, but $10,000 returned over 30 years is now $2.3 million!
They own a series of food distribution businesses. It appears they are not making any money from them. It appears to be a scale problem.
Jan. 23 to March 31 is seasonality. People have been down on retail for so long because of the Amazon effect. But TJX sources its merchandise from ailing brick-and-mortar stores to sell at wide margins. TJX has done well. January to March seasonality has been strong in recent years. Chart looks good, so seasonality is…
(A Top Pick Nov 06/18, Up 40%) A stand up performer. Their mine is getting better and better. They had a great quarter this year. There's pressure on the company to do something, but the CEO doesn't make mistakes. Buy this if you like gold.
(A Top Pick Jan 14/19, Up 7%) Strong seasonality in January to May, but it does really poorly in May to October. It plunged in late-2018 and has recovered since late-2018, but slower than the overall market. It's merely okay now.
She'd buy it now. Last year was disappointing for potash pricing, and the trade war also hurt NTR. The signing of the US-China trade deal, phase one, should benefit US farmers and NTR. The bad news is in the stock already. NTR's retail operations in America and Australia are performing well and are stable--she likes…
(A Top Pick Jan 16/19, Up 72%) These companies are just getting started as their mining projects kick in. Expect dividend increases. Even more money will flow into this company and sector, and this will result in a massive move. Let it grow.
(A Top Pick Feb 14/19, Up 25%) A bond on Air Canada in essence as this is Jazz airlines. They have a contract with their pilots until 2035. They do not have fuel sensitivity or for currency. ROE is 20%. There is room for the dividend to grow. Yield 6%
They offer outsourced call centres (help lines). Done a great job integrating AI into their process. Customers (companies) save money by not paying the benefits of workers working those call centres; rather they hire TEP. TEP are call-centre experts
Small cap, so volatile. Beta is 1.53. Had an SEC issue, so the CFO got the boot. Beat the street by a ton last quarter. Engineering and architecture. Lawsuits. Trading at 20x earnings. Owns it for kids and grandkids, who have a long horizon.
(A Top Pick Dec 20/18, Down 16%) It's been tough for the energy producers. It had a nice pop last year but it came back. He thinks it makes it to the other side as it has a strong balance sheet. We'll see what happens. The framework for regulatory in this sector is not getting…
Rough ride, but they broke out of the old resistance point. Looks good, with higher lows and highs. Good looking chart. Yield is 4.3%.
VET says its capex and dividend are fully funded down to $55 WTI. VET is cheap, and the balance sheet is okay. Pay ratio is around 101%. Problem is there will be -4% negative cash flow per share growth. The only hope is that oil prices will least stabilize or rise--and he doesn't know. VET…
(A Top Pick Dec 28/18, Down 5%) Sold it earlier in 2019. Its outlook is merely okay. Look elsewhere for yield. Rogers is getting hit by its own unlimited data plan.
Good company. Owns it in an income seeking mandate. Leader in renewable energy, mostly in Europe. Wind and solar can compete on an unsubsidized basis with fossil fuel. Legitimate growth play. Steadily growing dividend and capital appreciation. Yield is 4.45%. (Analysts’ price target is $30.00)
(A Top Pick Jan 03/19, Up 35%) He was looking for a nice gain in interest sensitive stocks assuming that the interest rates were going lower. It came through in spades though it hit its peak in October. He's not currently favouring this stock right now.
It's probably topped out by getting up to its fair market value so there's not much place to go. He is using the opportunity to switch into things that are more promising.