This week’s new 52-week highs… (Nov 28-Dec 04)
This week’s list of 52-week highs & lows was so long we separated it on 2 posts. You will find the 52-week highs list in the post below. If you want to look at the 52-week lows you can find it here.
Among the stocks reaching their 52-week highs this week some are often mentioned by stock experts on Stockchase : Alimentation Couche-Tard, Metro Inc. and Gildan Activewear Inc. among others in the consumer category.
This week’s new 52-week highs…
A few years ago, he though the PE was stretched, but is better now and he's taking a close look at it. It suddenly jumped from $44 to $49. Very well-managed. They were put in the penalty box when they tried to buy Carrefour. They're planning to add fresher food in their stores. It's an…
Defensive. Underperformed the broader TSX since last March. He prefers the cyclicals. Very competitive industry, low margins. 16x forward earnings, 8% long-term growth rate. Headwinds ahead of it, such as massive competitors and higher wages.
He's passed on this after reviewing it many times. They depend on retail sales in clothes, and face a lot of competition. They grew very quickly but have been plateauing. It craters on high cotton prices, though. It's a trade at best.
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.
How do DLR and DLR-U work? One bets on the US dollar, and the other bets against it. They're currency plays. He prefers betting on it, the DLR, because the USD is on the upside.
He prefers corporate bonds because they yield more than government bonds. Prices will probably continue to fall. You are getting a bigger yield payment than the yield to maturity on the bonds themselves. CBO-T would be the replacement for this ETF.
Some bond ETFs. Can invest $50K Also consider ZAG which holds short-, mid- and long-term bonds. If rates stay flat or decline, ZAG will do well. If you have $50K, buy two or three of these ETFs to spread the risk. Check the duration and credit rating of each.
(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.
This will improve, because bonds mature at par, then you re-load at higher interest rates. The ETF is down, but don't sell. This will correct and you will benefit from higher interest rates. Be patiebt.
(A Top Pick April 7/16. Up 0.09%.) This is a short duration portfolio of bonds in Canada. A good defensive place to be.
Short provincial ETF. With Provincial bonds you get a little bit of pickup vs. Federal. He prefers ZPL-T for long provincials as opposed to short. He wants more long bond exposure.
(Past Top Pick on Feb. 15, 2018, Up 29%) An acquisition last year accelerated their move into the Cloud which is higher growth. The market didn't appreciate this move until MNW announced a few solid quarters. Then it was announced a private equity company would acquire MNW. Currently, they're in a period where MNW can…
Big fan of telecoms, though they didn't deliver last year as expected. Telecoms are very defensive and operate in an oligopoly. RCI is OK, but not as keen on it compared to others in the space. Least enthusiastic about cable. Ton of risk on the Shaw deal.
🛢 Basic Materials
(A Top Pick March 2/17, Up 9%) Sold it, but then the stock got too cheap, so he bought it back. He was unhappy with their inability to solve metallurgical problems in Eritrea. The stock sold off because their Serbian deposit won't produce cash for a while. There were alleged human rights abuses in Eritrea.
(A Top Pick Mar 05/19, Down 33%) A copper play in Serbia. It has three joint ventures including Newport. They still have a large land package that could lead to other projects. They also have assets in Bulgaria. He will continue to hold it.
A good dividend play. The yield is at 4.6%. People tend to focus on the tech side of green stocks, but this has utilities that have consistent income. They are a potential takeover target for Brookfield so the price has recently shot up. Could get decent returns.
(A Top Pick Jul 03/20, Up 12%) Favourite if you want steady income, no surprises. Has lagged the broader market and riskier utilities. He likes it for the purposes it serves: sustainable dividend yield, continued growth of rate base at 5-7 per year, 48 years of consecutive dividend growth. Excellent candidate for RRSPs and for…
They dominate in legal textbooks globally. Their business model is scalable. It's full valued now. She owns only a little of this.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They missed operating revenue estimates. Cash burn was less than expected. Revenues are rising 59% and cash burn fell 42%. Probably turning a corner with this upcoming quarter with easing restrictions. Medium term outlook remains intact. Unlock Premium - Try 5i Free
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.
Owns it in income growth. Dividend halted with the pandemic. Non-necessary medical procedures were delayed, and now they're coming back rapidly. Dividend will be restored. Stock should at least get north of $10.
12-15% discount to its NAV. Very good and long investment track record. Lots of new money to make acquisitions. Diversified portfolio. Well run. Some of the best assets in the world. Oaktree acquisition working out well.
It’s slowly moved up from $28. The pullback is a natural phenomenon after the pop. Lots of volume. He would buy it here.
It is a large, diversified REIT. It is recovering from the pandemic. It is trading $3-4 below its pre-COVID high. It is a good one to hold on to.
A recovery story. Best in class, best assets. Theme of stay at home will wane. There's a more hybrid solution, and its stable of smaller tech and healthcare tenants will benefit. Trades at a 15% discount to NAV. Yield is 4.04%. (Analysts’ price target is $45.23)
(A Top Pick Aug 17/20, Up 1%) He bought this to play defence and collect its nice dividend. They're still growing earnings at 13%, faster than peers. The whole group is nervous, that they have to spend more on spectrum. But this is a good 5G play over time. It's still a buy.
Continue with the 52-week lows here.
Use this list wisely to identify buying opportunities.
Happy trading !