This week there were 26 Top Picks and 3 ETF in a wide range of industries: Technology, Energy, ETF, Healthcare, Financials, Utilities, Basic Materials, Industrials and Consumer
It had a weird chart pattern, with a big jump up followed by a big jump down. That’s not a good sign. He sees support at $128 but the stock is contributing to drop with a lot of volume to the downside and declining volume on the upside. This is negative. There might be support…
Formed a cup and handle. The stock went parabolic in November, it's probably quite overbought and due for a small correction. Any correction would be a buying opportunity.
A pure growth story. It's been a stellar performer for him. Though it trades at over 30x earnings and pays only a 0.56% yield, you buy this for growth in the coming years. Visa is also in a tech ETF in the U.S. which helps the stock. (Analysts’ price target is $184.84)
A lower risk exposure to the tech space. It has become mostly an iPhone play. He thinks 2018 was the first decline in iPhone sales. They should continue to have dividend growth and good a continuation of recurring revenues. He just doesn't see the same level of growth in the past. They have been impacted…
A Permian producer that has been doing a really good job of acquiring acreage, so they issued a ton of paper on to the market. They’ve grown 14% a quarter for the past couple of years. They now get to slow down on that and focus on delineating their acreage, and also going after some…
They will grow about 3 times that of a Canadian producer. He is getting a 40% growth rate, but paying an inline multiple for it. At $5 billion market cap it has not hit as many radar screens and so is a little bit cheaper. (Analysts’ target: $18.00).
It's consolidating and could return to the bottom of its trading range. It's sideways. He's lukewarm on it.
(A Top Pick Dec 17/18, Up 16%) During the third week of April this was trading towards $6. Yield is about 7% right now.
Yield 14%!!!?? He owns it for some of his income holdings and he thinks the dividend is still safe. The majority of the assets are outside Canada and he likes that. He can't guarantee the dividend is safe, but he will continue to hold it. Yield 14%
A mid-cap producer. They reduced their capital budget yesterday as a reflection on prices. He'd like to see them reduce their debt even more.
She prefers to own ENB-T, but thinks this stock will do well. The dividend is safe. But it is getting more difficult to build pipelines. There is no compelling reason to shift over just yet.
He is quite bearish on the broader markets, but the sentiment in the energy sector in Canada has been so negative that he thinks it is undervalued. They have no debt and has 900 prime low-cost Montney drilling locations with significant infrastructure and only about 10% of it is dry gas. CEO owns about 30%…
Tracks US bonds, and it's volatile. This does well when equities do poorly, just like last fall, or in 2008 when it returned nearly 64%. This offsets portfolio loss.
He likes it and uses it in his model portfolios as a core allocation to emerging markets. It is very competitively priced. He sees a lot of long term potential in emerging markets. It is very volatile, however. You have to know your risk tolerance.
These stocks had run up a tremendous amount. The valuation is insane. A lot of speculation in this space. The corporate governance in this space is not strong. For any investors that have made money in this space, should be taking profits now. It’s likely natural that they will pull back now that is legalized.…
Been undergoing struggles with patent expiry and competition. Massive R&D budget and it is hard to know when they will have the next block buster drug. A good blue chip name to own. JNJ might be a safer way to participate.
(A Top Pick Jun 06/18, Up 8%) Banks have been a difficult sector to play. They can swing. Take money off the table.
PWF bought three separate companies--Investors Group, Great-West Life and London Life--and will do now synergize them, which is a good thing. It'll take a few years, but this will reduce overhead and costs and let them compete better with MFC and SLF.
Specialty insurance company, which was not caught up in the bad paper. Earnings estimates keep going up. ROE is in the mid teens. Combined ratio is in the 80s, which is fabulous for an insurance company. Good real estate assets.
It had a nice run on lower interest rates and the safe haven status. It is probably a better time to take some profits than to buy in. But don't get rid of all your utilities. This is a good time to take some money off the table.
🛢 Basic Materials
(A Top Pick Jan 10/19, Down 5%) Volatile. Big move down from mid-April to end-May due to trade issues and the U.S. dollar. It's been choppy and rangebound since 2016, but it could breakout to $45. You are paid to wait.
Junior Silver. Very few good silver deposits globally. Most deposits the juniors are getting into are lead/zinc/silver. You have to look at the grade and mining width. This one has the best silver discovery going. Scheduled to go into production in 2016. 2 others are Fortuna Silver (FVI-X) active in Peru with a mine in…
If China doesn't buy Canadian fertilizer He likes it, but will have a poor quarter due to a lot of rain in the midwest, delaying planting, not due to China. This may fall a further dollar. The stock is now cheap and he would buy it.
Very well run for a long time. Stable business. Stock should move around less than the market. Revenues are secure. Subject to trade considerations. If trade slows down, they'll be hit. Beneficiary of no new pipelines. Losers if car sales go down, or if we can't sell grain or soybeans to China.
(A Top Pick Mar 06/19, Up 7%) He likes the Brookfield family. Brookfield takes care of funding, having investors for global investments. He likes that they're investing in India infrastructure. They can go anywhere in the world and buy strategic assets like water treatment and transmission lines is unparalleled. It continues to do well. Good…
This moves North America's goods. It really depends on the economy. Amazon is moving away from them, but the thinks they will do well.