This week there were 26 Top Picks and 4 ETF in a wide range of industries: Technology, ETF, Financials, Industrials, Consumer, Energy, Basic Materials, Healthcare and Telecommunications
Worried about the market and U.S. politics. There's some progress in China-US trade and both sides need a resolution. But don't over-emphasize the politics like the U.S. Government shutdown; the economy will still march ahead as recent strong unemployment numbers demonstrate. The wall and shutdown are noise. Be more positive on the market, and corrections…
He owned it a year ago and got stopped out. It was not going in the correct direction. There has been bad news in the mean time. Unless you are going to trade it then let it form a base
Apple vs. Amazon. Own both. Apple's a great, big, powerful company that will work out its problems. Both really well run, and moving into healthcare in a big way. Amazon has loads of runway, as does Apple. Buy a bigger chunk of Amazon, as it's performed better. Cloud computing and content business are going to…
(A Top Pick June 19/12. Up 46.32%.) (BNN showed the date as April 30/12. This was actually a top pick on June 19/12. I corrected the percent from Up 46.32% to Up 42.7%. - Bill.)
He likes medical devices – worldwide hospital spending, changing demographics. It has great tailwinds. They are less politically charged than drug prices.
This is a way to manage rising volatility in the market. This invests in low volatility stocks -- mitigating risk to the downside.
Replicates the IEF ETF in the States. Government bonds do well from May to October. This is a good safe place for the summer.
This holds 50 value stocks (Starbucks, McDonalds, etc.) They sell calls to buy puts and is actively managed. It has protected its value very well.
They have done extremely well over the last few years. Their US expansion has gone beyond their expectations. He would look more at CM-T or BNS-T. Any of the big banks are relatively safe places to be. You could buy more of the higher yielding ones.
Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? He has quite a bit of exposure to life insurance right now through Manulife and Sun Life, and they both look very attractive. Interest rates are likely going to work their way slowly higher over the next several years.
Half business is regulated power generation in Florida. Built a position. Highest growth profile amongst utilities. Attractive entry point. Not much risk. Should be core holding. Long-term hold.
This is an industrial company making anything to do with fluids and metering. Their 3 main businesses are fluids and metering, health and science, and fire and safety. He likes the consistency of this company. A super clean balance sheet with little debt. A lot to like. Yield = 1.3% (Analysts’ price target is $141.82)
He likes this. A private equity way to play the market. It was spun out from Brookfield. Very smart management team that looks at numbers of deals every day, backed by the balance sheet of Brookfield. There are very few deals they can’t get into. In the last quarter they announced on 3 different acquisitions,…
(A Top Pick Oct 25/17, Up 9%) It's been a rollercoaster, given the Chinese bid that Ottawa struck down earlier this year. He sold at $19. He'd look at re-buying it. In this sector, he'd look at this and Stantec.
They had an earnings release recently that the market didn't like. Still a growth story. Well diversified internationally. Good insider participation. Demographic story on baby boomers needing accessibility aids. Trading at a cheaper valuation than I had been trading for a while. (Analysts’ price target is $18.75)
One of the old greats in the liquor world. They distill certain things and have marketing rights to others. They do things overseas. Pays special dividends in January.
There’ve been some challenges in the frozen food area, but these are temporary, and they are going to step in and fix that. There is a new president coming in, which will pay particular attention to their problems. 70% of their exposure is Loblaw's (LB-T). Through the buyback program they’ve initiated, they are going to…
They have many more stores in the west, particularly Alberta, so they were hurt in the oil collapse. Same-store sales suffered. But they are on the mend now. They introduced healthy food a while ago, so that growth has now slowed down. They are opening stores in Ontario which will lead to some growth. They…
Doesn’t own dual class share companies, but this one has been an amazing growth story. Incredibly successful. If he didn’t have an issue with dual class shares, he might actually buy this. It is unbelievable to him that in an industry which is low growth, they have made some great acquisitions and they cover all…
This is a Canadian energy company. They made an acquisition in the US unfortunately at the top of the cycle. He does not own highly levered oil and gas companies. There are others that are much more attractive. He prefers clean balance sheets.
Pays a dividend of nearly 10%. He's owned this in the past. Lots of if's here. If it holds $27 it could return to $35, then sell it. The last it did this, the stock then got really ugly, so sell it at that point.
🛢 Basic Materials
Recently dropped to an all-time low Tax-loss selling probably had an effect. It's probably the bottom now and it's cheap now (like many stocks). But TV won't be the first to rise, because it's so small. Larger competitors will move up sooner and higher. Maybe within this year this will rise, but it depends on…
Silvercrest Metals (SIL-T) or Silvercorp Metals (SVM-T)? This one is a fairly small deposit, but with high quality people.
He likes this and has a fairly large position, but his average cost is $7. The challenge going forward as it goes higher, is that they have a very high dependence on a single product. The challenge over time is to get diversification into their portfolio. He thinks this can definitely go higher, but some…
It has had a long, long downtrend and recently found its footing, hitting his downside target of four times book value. $65 would be a good floor on this stock at which point you buy.
BCE vs. Telus vs. Verizon He owns all three plus AT&T. Verizon is still the #1 network in the U.S. and still pays a great dividend. All three will continue to do a good job. If you own them, hold them.