30 Stocks Top Picks (NOV 16-22)
This week there were 30 Top Picks in a wide range of industries: Consumer, Energy, Financials, Technology, Basic Materials, Healthcare, Industrials, Utilities and Telecommunications.
Here are this week’s Top Picks as selected by Elliott Fishman, Eric Nuttall, Colin Stewart, Josef Schachter, Mike S. Newton, Zachary Curry, Greg Newman, Michael Simpson, Paul Gardner C. and Robert Lauzon.
Nicknames it Hit By A Car like its chart. HBC is all about its real estate holdings; that's the reason you own this. Doesn't know if the current rally signals a buy. Can't predict this chart. Even consider selling it.
They had a great quarter, but so did Whirlpool and the market didn't pay attention. He prefers Whirlpool.
Great short, medium, and long-term investment. Very well managed. Great balance sheet. Good long-term, predictable growth. Foot traffic is up, as is basket size. Same store sales growth is quite robust. Great purchasing power and scale. 3% annualized earnings growth for next 3 years. Lots of free cash. Majority ownership in South America's Dollar City…
(A Top Pick Jun 18/18, Up 1%) Still likes it. It's well-run. They're growing their brands and they have a big opportunity to get into cannabis beverages which will be legal in Canada in October 2019. BRB is well-positioned for this and this market could be very large.
It's being acquired now, so there's little juice to squeeze here. The market is assuming the deal will happen. He owns Evolution Gaming (Swedish) instead, which operates the software for online gaming (EVO is the ticker).
Run by an excellent CEO, and pays a fine CEO. Shares were up a lot today, 4.25%. Otherwise, he would say buy.
(A Top Pick Sep 01/20, Up 56.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PE has resulted in the company being acquired by Pioneer Natural Resources. We are considering the position now closed at the last market closing price of $16.93. Combined with the previous recommendation to cover 50%, the total return on…
Company provides maximize exposure to energy bull market (drilled 9 of the 10 best wells in most economic play in North America). Trading at 1.9x cash flow & 38% free cash flow. Pledged to buyback stock and return 75% of cash flow to shareholders. 5x multiple of current share price, or $18 share price target…
Very good company that is trading at cheap price. Trading at ~1x cash flow per share. Very well exposed to European gas prices. Share price be not be as cheap as it appears given European gas prices may fall drastically.
One of the few small cap energy stocks that doesn't own (hard to buy meaningful positions). Inexpensive stock that is trading at 1.8x cash flow and 35% free cash flow yield. Expecting company to be debt free this time next year. Hold shares if already own them.
(A Top Pick Jul 20/21, Up 113%) Believes there is a lot more upside in the share price. Largest active manager investor in the company. Currently trading at ~1.5x cash flow and has 45% free cash flow yield. Management on board with returning capital to shareholders. Expecting company to be debt free in Q3 next…
A core holding for yield seekers. Very good company. They're less indebted than Enbridge. The dividend will continue to rise. You can own just one or two pipelines, and not all of them. Not a lot of growth. Buy for the dividend.
(A Top Pick Oct 25/21, Up 11%) In a tough market, a good place to hide out for a year. Dividend scheduled to grow about 5% per year. Sold from his global fund to pursue better opportunities. Still holds in his income fund for the 6% dividend.
He's long owned this, didn't do much for a while, but has made a good move this year. Trades at only 8x EBITDA. Strong managers. The stock has had a good pullback to $26, which an entry point now. They peaked in July-August, but doesn't know it has pulled back, maybe concerns over Saskatchewan's real…
Company is a gateway to economy as market exchanges are central point to economy. Ability to take advantage of any economic environment (trading fees). Believes is a good long term company to own.
Buy before their quarterly report? Brookfield is one of the best Canadian companies and a must-own. They own infrastructure assets which everyone wants now for their stable income and long-term growth. They manage tens of billions of assets for others and make fees and profit shares from that. They are well-managed. It's his top Canadian…
It is choppy and range-trading. It has had an interesting pick-up in the past few weeks but could drop depending on the Fed interest rate decisions.
She likes the company, but it is hitting the upper bound of valuation--too high. But if more money flows into the S&P, then the company is a pretty big piece of that index and move up even as its valuation rises too. She owns it, but is underweight.
She owns it, but is underweight. She likes the company, but it is hitting the upper bound of valuation--too high. But if more money flows into the S&P, then the company is a pretty big piece of that index and move up even as its valuation rises too.
🛢 Basic Materials
He has owned this for some time now. They are in cleaning, sanitizing and waste management. Bill Gates owns a big chunk of their shares. Yield 0.94% (Analysts’ price target is $187.86)
Agriculture sector held up the best of all commodities. Shortages in fertilizer. Seasonality could come into play, but there's good visibility into next year. Stock bottomed nicely, has outperformed since the market bottom, and looks to be resilient. Great way to participate in an undersupplied market, with no new supply coming on soon from eastern…
They make medical devices. They bought a medical company focused on hands. Again demographics will increase demand for knee and hip replacements. Also, doctors seldom change device-makers, so they will stick with Stryker. They have little presence outside the U.S. so there are opportunities for growth there. Also, there's a backlog in elective surgeries.
(A Top Pick Dec 29/21, Up 21.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BMY is progressing well. To remain disciplined, we recommend trailing up the stop (from $68) to $72.
Company setup to access USA fund flows. Believes is a good way to be exposed to infrastructure. Company has been effective in M&A. Revenues are robust in inflationary times. Likes company and would recommend buying.
Shares have fallen because of the general PE contraction in growth stocks. Also, their ratings business closed a merger last February, and it accounts for a third of company revenues and 40% of profits. Last month, they pulled their guidance because they saw the issuance for high-yield debt and leveraged loans dry up. Unusual, but…
Some avoid utilities as interest rates rise. However, Canadian utilities have done very well due to the Russian invasion. So, investors seek defence in this sector. Valuations here are a little rich. He likes Hydro One for stability. He also likes clean energy like AQN, which he trimmed a little. Clean energy will come back…
They had good earnings, growth of 8-9% better than Bell. They made interesting gains. Saturation is high in telecoms, so there's limited growth in this industry. To make more money, you must give value-added services. In this sector, Telus has the best growth sectors while Bell offers the most stable income generation. He own both…
It has an extremely good dividend yield and is therefore a good income stock. He pared back a little because of concern over rising interest rates but is adding back now since it is well valued. Also adding to Telus.