24 Stock Top Picks and 3 ETF (Jan 11-17)
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.
If you have a growth part of your portfolio, it should be in the TFSA. You want maximum growth in TFSA so he would not recommend it for these accounts.
Won't see much tech in ETFs like this. It is not guaranteed to go up when the markets go down, but generally, should do better in volatility. Not a bad idea to increase exposure to low volatility here.
It gained today. It's an important indicator, reflecting the Russell smallcaps. Last September, the Russell and IWM exploded up, but since January this has been rangebound at $210-235. AMC, healthcare, financials, industrials and tech dominate the IWM. If this breaks $235, then the S&P is off to the races.
Why is it underperforming its peers, like RY and BMO? He cut his teeth following the banks since 1971. The banks may be a homogenous group, but there's always a cheap stock and an outperformer, and the banks rotate these positions. So, pick the laggard. He isn't worried that TD is lagging; don't worry about…
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He likes their Asian growth, which will be a high-growth sector in terms of insurance and wealth management. Dividend growth has been impressive for years. He's been adding to this for a long time. He likes MFC vs. the banks, both dividend plays, though he's lessened his bank exposure a little. (Analysts’ price target is…
Strange fee structure. Be cautious in that India has little corporate governance. Better way to participate in EM is to own some of the great global companies, like Unilever, that benefit from the growth there and follow expected corporate governance.
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…
Big medical supplies. They also have some proprietary parts of the business. He sold it about a month ago to buy one of today's top picks. You won't do too badly owning this going forward.
They report Thursday. They have a high-growth healthcare business that they partly picked up from GE for a song. He expects a great quarter.
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.
Allan Tong’s Discover Picks Reopening retail stocks have slid lately, so this a buying opportunity. TJX hit $73.78 on May 7 and now trades below $65. One caveat, though, is that TJX’s PE now stands at 52.7x, higher than the sector’s 32.5x. Attribute their PE to high growth expectations, but analysts foresee a forward PE…
Has held it since 2015. He would keep this at a certain allocation and would add to it if it dips below your chosen percentage. If you buy a good asset, continue to add by maintaining asset allocation. He is buying it for the long term. The money that comes in with the upshot will…
Just delivered a beat in their quarterly report last week, but the stock actually got hit. Days later, Bank of America upgraded EMN and the stock rebounded. He recommended this in June because there's a long-term shortage of the chemicals they supply. Also, EMN has developed a technology that makes recycled plastic a lot more…
He has liked it for a while now He took a little bit off the table recently but still has a pretty decent position. He is looking at it as a position to pick up more of a position on weakness.
It's a work in progress royalty company in gold and precious metals. Only three years old, it's very active by deploying $70 million of capital. Only two of their 45 assets are actually producing with two more coming on this year. So, there'll be a rapid advance in cash flow. The dividend is small but…
(A Top Pick Jan 17/19, Up 68%) This is artificial intelligence that is replacing people in call centres. These are insurance and financial call centres. He expects there to still be a long runway to come. This trades in France.
(A Top Pick Jan 17/19, Down 7%) He blames the CFO for the loss. They were signing contracts that were not compliant and their guidance was off. Even though the stock is down, if they have earnings of 3.20 per share range, the stock is fully valued. If they make 4.20 next year, the stock…
They're in northeast BC where Tourmaline is consolidating land and assets, near LXE. So, LXE will become topical. LXE has reached an inflection point after acquiring a lot of land and pushed the Montney play to the northeast. Now, they need a lot of capital to move to full development. They're talking to potential buyers,…
Hasn't performed well. Keystone XL is in the past, and the company is more stable without it. Best nat gas transmission assets in NA, and nat gas demand is steadily increasing. Nat gas will be a necessary offset to increasing renewables, for times when renewables don't generate. Utility-like, well set up for future, good capital…
Underperformed. A lot of people owned it for the yield, paying more than they should. Once they cut the dividend, many people exited. Might be an opportunity as an international play. Leveraged to oil price.
It pays a nice dividend. It is attempting to merge with the fourth player, Shaw. They are an essential utility. They have mildly good growth prospects for them. It would be a solid dividend investment. They are the backbone of the network we use for work-from-home.
Holds some for their income portfolio. Was the biggest contributor for their performance last year. A secular growth potential story. A consistent performer and the pullback is buyable. The pullback is due to exposure and earnings disappointments due to storms in Texas. Likes the geographic exposure with roots in Canada. Clean natural gas, long tenure…
(A Top Pick Aug 28/20, Up 16%) A good return for a utility. A core part of the portfolio. Electricity demand will double and triple so must have exposure to a company like this.
(A Top Pick Aug 11/20, Up 11%) Defensive. Visible cashflow. Income story, not a growth story. Yield is 3.5%, not the absolute highest but still attractive. Company anticipates growing dividend at 6% through 2025. Green economy will benefit them.