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
(A Top Pick Apr 04/18, Up 25%) It always grows organically. The knock against it is that grows modestly at 1-3%. They buyback shares and occasionally do tuck-in acqusitions. But their growth rate has accelerated despite Brexit and American trade issues; they still get the deals they want in those territories. It's trading at higher…
It's been a tough performer the past year, compounded in the last month. They had a satellite crash and lost on those contracted revenues--to add to their woes. They carry a lot of debt. It'll be a long road for them. They face competitors, too.
(A Top Pick Oct 22/18, Up 8%) Consumers re-purchase their products and their service division is strong. However, the China trade tension gives him pause; so, he's watching the trade talks. He's also worried about the NBA controversy in China. Cautious.
(A Top Pick June 19/12. Up 64.01%.) Has Stops in place on this. If we are going to see a US market pullback, this one will come off.
What comes screaming back is the previous leaders. There is persistence. Internet retail is the first one to break down and the first one to reverse. Basic materials are the area starting to make a turn. It would be complimentary to add some Canada.
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.
Considering the Ameritrade zero commission controversy TD is a buying opportunity and it has been unfairly punished by this issue. He's underweight Canadian banks, so he missed their big move in September. TD is one of his favourites in this sector.
(A Top Pick Jul 27/18, Up 5%) Great job at creating industrial warehouse space in the US. High quality, institutional style portfolio in the US. Good way for Canadians to get exposure to e-commerce and the US economy. Not too late to put new money to work. Yield about 5.5%.
GWO-T vs. MFC-T. MFC-T has the advantage of being a very diversified company, globally. They have done well from that diversification. He tends to prefer it to GWO-T, although he might use its weakness to buy.
(A Top Pick Apr 23/09. No change.) Regulated utility in Florida as well as largest generator of wind/solar power in the US. Stock fell because of an adverse ruling. Still likes. One of the highest growth utilities globally. Good balance sheet. Above 4% yield. 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)
The stock took a hit. She likes it because she is seeing better cash flow than their peers. They really have some exceptional free cash flow yields. They are able to increase their margins. (Analysts’ target: $63.00).
(A Top Pick March 1/18 - Up 10.1%.) Part of their private equity exposure. Management team is really strong. They do very unique things all over the world. You can consider this a long-term holding. Well funded. Well capitalized.
3-5-year horizon, given Ontario government planning $30-billion infrastructure spending A good company that will do well in that time horizon. Caveat: Capex projects like the one Ontario is announcing take a long time to get going. Instead, look at an infrastructure's backlog of projects--buy when that backlog is going up.
Trimmed at $20. Likes the company and the business. Management is terrific. Hold on to shares at $13. Wait for earnings to buy more. Consolidating the industry. Stock's come down on revised guidance. It's a wait and see before reloading to a full position.
[Caller asked about 'B' but BNN put up chart for 'A'] It is a fine company. He has been in it long term. It is inclined to go up a little. People holding it don’t usually go rushing out the door because of the tax year.
(A Top Pick March 17/17. Down 1%.) The bulk of their fortunes are still tied to Loblaws (L-T), the dominant food retailer in Canada. The company has been known to pay special dividends when their cash builds up. He wouldn't be surprised to see that happen again in the next few years.
They are strong in Western Canada and expanding in Eastern Canada. He likes the model. The dividend is attractive.
It is his biggest position, one of the best managed companies in Canada. They are growing organically. They recently did a 3 for 1 stock split. It is not the value it was. He would hold it.
It has been a while since he held it. He prefers owning the senior producers, when it comes to heavy oil. Their projects have not been well capitalized and they have taken time to get the Duvernay assets incorporated from the Raging River acquisition. Nothing wrong with it and they are paying down debt. There…
An internationally diversified company with operations in Europe. Pays a high 14% dividend. Well-managed. Likes it very much. Higher risk/reward. We need a better global energy environment that would certainly help VET.
🛢 Basic Materials
Not highly valued becasue they mine low-grade (mostly zinc) assets. That said, he recently picked up some of TV-T as bargain-basement shopping and expecting a bounce. There's upside here though with some risk. The balance sheet is good without net debt, but the assets are not the best. It's a trade. If the US-China trade…
Silvercrest Metals (SIL-T) or Silvercorp Metals (SVM-T)? This one is a fairly small deposit, but with high quality people.
The valuation continues to get lower and lower. They have a lot of cash. Their HEP-C and HIV businesses were 50/50 and now the HEP-C business is only 25%. The new CEO coming is to spend some of the cash intelligently. (Analysts’ target: $88.05).