26 Stock Top Picks and 3 ETF (Dec 7-13)
This week there were 26 Top Picks and 3 ETF in a wide range of industries: Consumer, Financials, Industrials, Basic Materials, Telecommunications, Energy, Healthcare, Technology and ETF.
It is one of a small group of major grocers in Canada, a really well managed company. He would buy it on any weakness. It is a good defensive stock to hold over the long term. He sold it recently because it had had a long run.
For tax-loss selling? It's disappointed the market. But it's time to look at it. They should take the company private; the share price is so low, so disastrous since its IPO. Existing owners could buy it all back. Overall, retailing is a difficult space now.
They are one of the largest pawn shop operators in the US and Latin America. They have a counter-cyclical business. As their inventory builds, this will be a good name to hold.
Not time to be aggressive. Lot of risks for a name like this and Canadian banks, and investors need to pay attention. Mortgage portfolios are expanding, housing prices are up 30-40%, and this is a lot of risk in an economy that's slowing.
(A Top Pick Dec 29/20, Up 35%) The banks had not performed at that point last year. They had over-reserved at the beginning of the pandemic.
We've chosen TD from the group, based on the historical pattern of the last one now, will later be first. TD has underperformed its peers so far in 2021. Through the first three calendar quarters, TD has gained 17%, while top dog, National Bank, has run twice as far. Actually, this isn't completely accurate; Bank…
They reported a good quarter Wednesday with Q3 earnings up. But the stock has been so hot, up 31% YTD and expectations so high that Wall Street yawned and sol by 4%. It's rebounded since then. They had negative loan growth in their consumer business which they believe will improve as we return to normal.…
They reported a blow-out today, a monster earnings and sales beat. Shares jumped 3.8% today. Sells at 10x earnings and still trading below its August peak. Q3 net revenues were up 31% YOY. This is their best year in history. Nearly a slam-dunk stock.
(A Top Pick Dec 07/18, Up 66%) Nobody wanted to buy British stocks. Around 60% of Halma's revenues come outside the UK, so they're paid in other currencies as the pound falls--profits then rise. They make smoke alarms/detectors. Strong long-term potential, though no one has heard of it. Dividend is growing 17% annually. But earnings…
(A Top Pick Nov 11/19, Down 17%) Their revenues and earnings will be up this year. Airlines are relying on government assistance to survive. They won't be able to get new planes after the pandemic and so AL-N will benefit as they will have to lease.
Has long owned this as a core position. They treat water, a water pure play. She hasn't added new money into this and wants to see a 5-10% pullback before buying more. Water is a scarce resource, so hold this stock. Long term, XYL will do well.
There's decent support at $170. The stock has come off in recent months. Wait for a Sept/Oct pullback to $160. SWK offers good value. Last September, the S&P was down 10%, so we are overdue for a meaningful pullback, if we get one. A 5-10% pullback is a buying opportunity.
🛢 Basic Materials
(A Top Pick Dec 07/18, Up 36%) A volatile stock, but he likes the golds, holding 10-20% in a portfolio. Gold has a long runway.
BCE vs. T Likes telecoms in general, giving a mix of some growth with very good dividend yields. Telus yield looks secure, with about a 5% growth rate. Yield about 4.4%. He prefers BCE, with a yield of 5.44% and its consistent cashflow and growth. Media, sports teams, and different networks are helpful to BCE's…
Undervalued. Line 3 just completed. Where prices are, capacity will be maxed out. Line 5 issue will hopefully be resolved. Recent acquisition is a great asset long-term. Enough cashflow to maintain and increase dividend. Yield is 6.35%. (Analysts’ price target is $55.34)
These days, you want to own the larger cap players. They all plan to cut back spending, reduce debt, increase dividend, buy back shares. Won't be massive increases in exploration and production. Oil is not going away.
In the midst of a bidding war. More of a hold than a buy. Prospects for material upside are not very high. Better opportunities elsewhere. If you made profits, take some and invest in something like GEI or even TWM, if you have a higher risk tolerance.
(A Top Pick Sep 25/20, Up 54%) Really well positioned for what's happening right now and for the next decade. LNG Canada development project is so important, with a significant increase in volumes. One of the largest nat gas infrastructure networks in western Canada. Continues to buy. We're short of energy and will need more…
Allan Tong’s Discover Picks UNH it trades at 28.1x PE, which is slightly higher than its peers's average of 26.5x. Return on assets is higher, though, at 7.43% vs. 6.47% as is ROE at 21.88% vs. 18.86%. UNH stock's 1.36% may seem small, but it is in line with its peers and safe at a 34%…
He's recemmended this before. They're hitting their stride. They announced today an acquisition in Florida which should be accretive to earnings and EBITDA. It's good, because PMH enters a new region. The stock will continue to grow by acquisition, then grow by organic growth by bringing their existing services and products to expand the market.…
(A Top Pick Mar 15/19, Down 24%) He still holds it in the portfolio, but had taken some out at $4 per share. He is looking to add to the cannabis sector again following the consolidation. He holds an $8.25 target. They are producing a CBD and THC beverage.
(A Top Pick Feb 10/21, Up 49%) Leading company for making insulin. The FDA approved their 2.5mg dose of weight-loss drug, which helped share prices. They are first to market with it. The expectations for earnings were moved higher. Getting more international sales in the long term. Stock is starting to get noticed by fund…
Starting to see a sector rotation into growth stories that have more solid fundamentals. Dividend is reasonably attractive, balance sheet is great. Challenge is that market seems to be boom/bust, and there's competition from Europe. Don't chase. If you hold, keep it. Oracle offers more upside.
(A Top Pick Dec 14/18, Up 109%) Makers of screen technology out of Idaho. Their technology shortened the width of the screen, which allowed manufacturers to add more technology in the same phone body. He sold out at $207. It will give another opportunity to buy in, but there is more competition coming.
Over 95% recurring revenues. Global business and serial acquirer. 14.5% total compound return over 20 years, double the TSX and tech sector. It's boring tech but beautiful. (Analysts’ price target is $73.36)
(A Top Pick Dec 12/18, Up 15%) Linked to the UN Sustainable Goal: educational, healthcare, food, sanitation companies. Lots of exposure to emerging markets with only 35% US exposure. This will do well along with the world ex-US.
(A Top Pick Dec 12/18, Up 17%) An ETF that tracks the S&P minus fossil fuels and weapons. Strongly correlates the S&P with slight outperformance. You get market returns and do good.
He wants liquidity to be able to take advantage of continued volatility going into 2019. This pays about 2% yield. Think of it as cash. It is an option to step in and do some buying later.