This week’s new 52-week highs and lows … (Jan 30-Feb 5)

Caution is still required for airlines. They are very cyclical and highly capital intensive and unionized. They can be a great place to invest in short periods of time, but he would not invest in it right now. It has run-up in anticipation of being able to fly again. At current prices, he cannot justify…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Still likes it. A well managed company with a great record for acquiring and selling companies. Balance sheet and earnings growth is strong. A relatively safe investment. Unlock Premium - Try 5i Free

(A Top Pick Oct 24/19, Up 11%) They lowered guidance during the lockdown, then revised their guidance back up a few moths later because they saw robust recovery. Waste collection is resilient and will prosper regardless of who will be the US president or trade tensions. SO, WM is well-positioned in a highly fragmented industry…

Customized, prefabricated environmental office interior solutions. High net cash position. Significant upside because of their flexible business model. Surge in office reconfiguration taking place across North America. Top management. No dividend. (Analysts’ price target is $3.46)

Rather bad couple of days. Was down substantially, outside of a range. Consolidated. It broke down and is more likely to go down. $1.50 on the downside.

Re-rating of seniors REITs. Prefers Chartwell. SIA dividend is good, payout ratio should start looking better. Low valuation. You can buy both on weakness.

In a secular bull market, when markets start making new highs, they make them in bunches. We've been through 2 bear markets, the fall of 2018 and this past one of 2020. Now you get the other side. You can't be afraid of a rising market. Fiscal and monetary stimulus have been extraordinary, and that's…

He owns their bonds and preferreds. Their balanced sheet is a little stretched and they are majorly exposed to Alberta. They'll spend a lot of capex for many years to transition into renewable power. This is probably safe, but there are better names. He's watching this. Don't expect a dividend increase for a while. Could…

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Biden win was probably fully priced in so that accounts for the slight pullback recently. The stocks are up 50% this year. Sector rotation is also a factor and investors may be switching out for underperforming stocks. No real concern and both companies remain…

EMA vs. FTS Utility stocks are safe to own in times of fear. Fortis is one of the best managed utilities in Canada, with Emera right behind it. He wouldn't sell if you're holding for income. They'll gradually get back some of the money lost as time goes on.

(A Top Pick Dec 03/19, Up 3%) A diversified company in terms of types of utilities and energy transportation. They are also in several markets and regulatory environments. Going back to more regular economic activity, companies like this that are stable will represent good opportunities with good yields.

Some companies you just have to buy when the chart looks like it's not a good time. Price momentum can tell you something good is happening. Getting rid of data business gave them lots of capital to go into the US, where the big story is, exceeding expectations. Buy it here and tuck it away.…

Organic growth plus acquisition-driven growth. Rolling up a fragmented industry very capably with their decades of experience. Pivoting more to organic growth, which will attract more investors. Great company, great buy. Yield is 0.81%. (Analysts’ price target is $52.20)

She owns another name in food retailing/grocers, who have benefitted from strong same-store sales growth, though this growth will moderate as economies open up more and eat out more. All retailers are increasing digital shopping and home delivery, though. It's a competitive space. All names have benefitted from the pandemic, but Empire doesn't offer much…

(A Top Pick Sep 10/19, Up 145%) The pandemic accelerate their already high growth. It's one of the top 30 performing stocks YTD. They reach 280,000 Canadian subs as the largest meal-kit company. Revenues had shot up five-fold over recent years when he bought this at $1.40. They just reported their first profit ever, proving…

L vs. WN A bit like splitting hairs. Weston controls Loblaw. When you buy Weston, you get 95% Loblaw and 5% bakery. A great business. A buy and hold through the cycles. If you get a rip roaring cyclical market, it will probably lag. High single digit or low double digit return. He doesn't like…

He hasn't looked at it recently. It's a safe, Canadian dividend stock, but not the kind of business he's looking at now. It's in a heavily regulated industry, a commodity, so if there's too much sugar produced in a given year, the stock will get hit.

Has always been wary of uranium. It is a highly politicized material and is subject to many factors. Generally a space that is hard to read. It is always just over the horizon.

It is a company that has been underrated in the last couple years. There has been controversy around its projects. They have an extensive capital program ahead of them. Contracted revenues are strong and secure. Dividends remain good and has a history of raises. Currently yielding is almost 8%. (Analysts’ price target is $51.85)

It is part of the beaten down energy related stocks. Debt is a problem, it is expensive on a EBITA bases and price momentum has been poor. It is not quite cheap enough. It has not come off the bottom. It could be subject to tax loss selling. It is too dangerous to short, but…

80% of its assets are retail. He shies away from retail, but Loblaw owns half of those assets, which is stable and boasts high rent collection. The company is in good hands and the dividend is safe. Managers are doing a good job to diversify into apartments and industrial spaces to diversify away from retail.

A leasing company run by Steve Hudson. They did a $265 share buyback late last year, then in February doubled their dividend. Low interest rates will help them. It took a while, but the stock is moving up these days. (Analysts’ price target is $5.39)

Properties in NA and Europe. Trend to e-commerce. Performed very well. Collection is over 99%. Stock's going sideways due to recently raising equity and the value trade. Strong outlook over next 12 months. Great balance sheet. Just increased distribution. Yield is 3.9%.

Likes it, but hesitant to invest in office right now. Potential value is there, but corporations will be pausing on any need for offices. Great assets, great land, but no need to rush in today.

They are in the retail space. Anything that is in the retail space during COVD-19 is in the penalty box and for good reason. The pandemic has shut down traffic to every shopping mall. Their shopping centers are a victim of online sales. The growth outlook has been diminished. He thinks the market has overly…

Still down over the year, and will be subject to tax-loss selling. Near-term headwinds of its closed malls. Take profits and move on to something with less volatility and less impacted by Covid.

Likes it. Stock's performed really well. Q3 results strong. Trading at a 5% discount to NAV. Still upside. Primarily in GTA, Hamilton, Ottawa, Montreal. Buy underperformers and renovate them to the advantage of shareholders. Strong recurring free cashflow, growing distribution. Yield is 2.3%.

The dividend cut is a prudent move by REI. They are looking into the future and judging the sustainability of the tenants. Pulling the dividend back to ride out difficult periods is a good idea. The recovery will not be smooth. They have tried to diversify more into residential markets. A well-managed company.

Focused on Canadian industrial warehouses. It's returned to its highs. However, its valuation has gotten high, so maybe take profits and add back later. There are better values in industrial spaces, though. Look at Granite REIT. Otherwise, nothing wrong with SMU.

Focus on Walmart and adjacent retail. Likes Walmart, but the adjacent retail faces headwinds. Management team says better growth in residential than in retail. She'd take this cue and invest in companies that already have residential exposure. Talk of distribution cut.

Can't go wrong if you invest for the long term. Harder to do installations in the Covid environment. Pickup in demand once conditions abate. Might have a few more challenged quarters. One of the best companies on a risk adjusted basis. A good one to accumulate rather than chasing high flyers.

Likes it. It's cheap vs. its peers. They did financing and have a lot of cash. Expect acquisitions. Own this for 4-5 years. Buy for now, but hold for that long. It will bounce around with the tech sector. They've done the right things this year to shore up their balance sheet.

Great Canadian name. Cloud based platforms for companies. Management and security of devices, apps, and data. Work from home has fueled its growth. Rare blend of growth and income. Price target of $13.49, and it's getting close. Modest dividend of 2.75%.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Q3 reports and the break in their technical levels did not help the stock. However, growth is expected and at these levels it is cheap. It also holds a lot of cash and management is skilled. Unlock Premium - Try 5i Free

Iron ore has been a popular place to be. There has been big demand. LIF has received an extraordinary payment from an associated firm. Dividend payments could be high for a while. The dividend fluctuates with the performance of the company. The yield has always been attractive. The current price is a little high, but…

(A Top Pick Nov 20/19, Up 8%) It's lagged the sector, because it's a royalty company. You need to hold producers and royalties in a portfolio. With royalties, you expect more asset growth in the value of these assets. These companies help finish financing and building a mine for a producer. Once that mine is…

It stopped being a silver play a year ago. As they've made acquisitions, they've shifted from South American silver to North American gold. If gold pops, this stock could generate a lot of free cash flow.

Company prospects for land, stakes it and then gets other companies to do the major work at their expense. Because they have so many properties, long-term they should get a discovery.

A smart group of guys. They are putting a fair bit of work into proving their concept is right. They seem to be backing up their thesis. It is looking like it is working so far.

The 3rd largest holding in his portfolio. They have seen the mines in Turkey and were impressed. The area is a danger zone with recent fighting and the stock has taken a hit. The mine is far enough away from the fighting so he thinks it will not be impacted. He paid just over $2…

The operate gold and copper mines in Bulgaria and Namibia. Earnings up 80% YOY, and boast a 9.2% free cash flow yield. Cash flow to grow 74% in 2020 and 17% in 2021. Price-to-cash flow is 5.9x. ROE expected this year is 21%. (Analysts’ price target is $9.23)

(A Top Pick Nov 20/19, Up 8%) It's lagged the sector, because it's a royalty company. You need to hold producers and royalties in a portfolio. With royalties, you expect more asset growth in the value of these assets. These companies help finish financing and building a mine for a producer. Once that mine is…

(A Top Pick Jul 31/19, Up 0.4%) This is a way to lower volatility. A return of 2.15% per year, paid monthly. Hold it during volatility, sell it, and use the return to pick up your cyclicals during periods of seasonal strength.

(A Top Pick Dec 04/18, Up 2%) Safety play. A place to park cash. Never touches a GIC, because they're not liquid.

An ETF like XRE combines the good, the bad, and the ugly with different sectors and growth profiles. Look for companies that generate strong, recurring cashflow and grow distributions. Industrials have significant tailwinds for the next few years. Also apartments, which are trading at a discount to NAV, as people still need somewhere to live.

He is good with utilities. They have now corrected with everything else. They are regulated and generally don’t have a huge growth profile. He would be nibbling if you like the safe, stable dividend.

Get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. Try XMV, which creates a portfolio of minimum volatility. You could use these 2 ETFs…

Utilities have done well because of low interest rates, but this trend won't last forever. Take some profits of this is sheltered and reinvest in a broader ETF that covers the world to achieve growth. Utilities have had a great run, paying a decent dividend, but capital appreciation will be limited.

Stock vs. Stock. FIE-T vs. CMR-T. CMR-T is a money market fund. FIE-T is a multi holding income strategy holding all kinds of assets, so there will be more volatility. When markets are up go into CMR-T and FIE-T when they are down.

It holds ultra-short term investment-grade bonds. MER is 40 basic points. The chart was smooth pre-COVID, then plunged 20% during the sell-off, then recovered. When times are calm, they act like bonds. When risk spikes in a crisis, there's volatility. This falls in line with your equities. He's surprised this had this much of a…

He doesn’t know this, but assumes it is an actively managed bond fund. If so, the question you are going to have is the duration of the bond fund at any given time. You can usually get that information from the people who market this ETF. If you have a duration of 10, then you…

The general rules is that if you think interest rates will rise, you want exposure to floating rate bonds. You may see some movement in terms of the bond markets pushing yields higher. However, the world probably works only in a low interest rate environment right now in the short term.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In the current state of REITs, ZRE is an equal weight ETF that reduces single company risk. A good choice for the sector today. Unlock Premium - Try 5i Free

They increase the yield on utilities with covered calls. It is not a bad place to be. You are always subject to the underlying securities' risks. It is probably a good choice right now.

Pre-COVIC, he saw that tech was going to pop, and now the puck is heading to boring value names, like Quebecor. Has an 11% growth rate and trades at 12.6x 2021. Its a very cheap telco and have a lot of cash to return to shareholders and raise the dividend if they wish. Their wireless…

Juicy dividend, which grows steadily. Predictable business model. Today's results seem fine. Share price is overreacting. Some decline in monthly revenue. One to own for steady and growing income over time.

It has a fairly good dividend. An interesting company in the space with management changes. They have tried to get into different markets like IPTV. Overall, its valuation is find. There are better opportunities within the sector but there is no reason to sell if you hold it.

He met with the new management team a year ago and it seemed they were doing the right things: cleaning up the balance sheet, getting decline rates lower by divesting some properties. The share price is starting to reflect stronger oil markets. He thinks you should go with Whitecap Resources (WCP-T) to invest in the…

Balance sheet is in good shape with debt at 42%. They just started to ramp up their assets in the liquids-rich Montney. Likes the company. Under 45 cents/share, then buy. He likes the managers. Buy this during the recovery, because he expects significant upside 12 months from now.

Involved in the UK North Sea. In the process of drilling a well with the Lundins that is very important. In about 1 month will start working with Husky (HSE-T) in the North West Territories. Between the winters of 2008 and 2009, you will have a good shot if they have any kind of drilling…

He stayed away because they went to the states to make acquisitions. He did not know why the Americans would not already take these assets. He stays away from it.

They have cut back and preserved capital. They do not have a debt issue. They are a gas play. If gas prices stay strong, they should do well. She anticipates their 4th quarter production being lower. She is not buying it today, but the future looks good.

They were rallying last week after boosting their forecast. We have resistance just under $5. We are almost at the 200 week moving average. Wait until it punches through $5. It has been going up against the S&P since March.

He would like to see a couple of good quarters out from them. It is thinly traded. You have to be prepared to watch it quarter by quarter.

Zinc in Utah. This could go into production by itself. We could see this thing scale bigger in terms of tonnage. There is a lot more to be found. It is in an area where there are reduced environmental objection, just south of the Military testing grounds over the Salt Flats.

Intelligently run diamond exploration company. Has yet to see that they have economic pipes. Also into nickel but he has not been following this.

The best of the small cobalt companies in North America. It has an asset that is alive and well. It will be raising money for it while next door a mine is being decommissioned.

Located in Venezuela, which is a problem. If they have a major discovery there is a chance they could be expropriated.

It is a leveraged natural gas ETF. It could be a good trade if you are well-versed in it, but you should not hold it long term at all. It is a tool for short term speculation.

Where you talk about a bear or bull ETF that is levered, they have no future. You are supposed to trade them on a day to day basis or possible a weekly basis. They are guaranteed to lose over the long term because of the way the gains are translated over night. These are a…

A contract manufacturer for electronics, communications, and storage. The move to the cloud has benefited them. The stock has struggled for a while but it is too cheap to ignore right now. Top 10% on valuation. 0.6x book value, 4.3x enterprise to EBITA, and 4x cashflow. A cashflow machine with no concerns on the balance…