This week there were 9 Stock Top Picks and 2 ETF in a wide range of industries: ETF, Consumer, Communications, Technology, Financials, Healthcare, Energy and Basic Materials.
Parts of sub-Sahara and the Middle East. It is a notch below the emerging markets. You get exposure including banks, telecom and construction. There is a lot of risk and currency exposure.
SPDR Gold ETF (GLD-N)
The Fed balance sheet is projected to double in size. They are creating money and monetizing debt and we are never going to come out of this. There is going to be an inflationary impact coming from the world. Supply chains will change. These things will change dynamically but push costs up. Gold will benefit…
He has held this since 2015 -- a defensive consumer staple. They have over 2 million customers. They operate around the world. This means some of their businesses will be rolling out of the down turn sooner than being just in North America. They are into food and beverages, home care and beauty care --…
Shopify Inc. (SHOP-T)
He sold it at $578, then rebought it. The poster child of e-commerce. The valuation concerns some, but look at their runway going forward: the fulfillment business, and tremendous opportunity internationally. (Analysts’ price target is $511.04)
The work from home trend will allow them to get through this successfully. During the last financial crisis they managed to continue to grow and he expects that to happen again. They issued shares back in February, which allowed them to raise cash and likely maintain the dividend. A qqulity company you can hold for…
In these volatile times, have a risk management process. He uses a hedging overlap. He loves MU in the semi space, trading at 5x enterprise value to EBITDA. This just beat earnings even in this time. $63 is his own target. (Analysts’ price target is $61.37)
Sea Limited (SE-Q)
The ADR Based in Singapore. Have three operations: online gaming, e-commerce and digital payments. Their game is the 4th-most downloaded game in the world. Buy a third now in the mid$40s, add in the $30s, then another later in the low-$30s. (Analysts’ price target is $57.03)
It is probably the highest quality bank in the US. Here it is EBV -3, 'at the blue'. This is a great opportunity. Insiders every day they are literally getting rid of regulations in terms of capital hits etc. Every day they strike out punitive regulations so when this is all said and done, these…
He would be a buyer here as it has dropped so much from the last time he recommended it. They announced they have something related to COVID-19 vaccination and can start human trials in late September. (Analysts’ price target is $157.85)
(A Top Pick Apr 26/19, Down 75%) It remains a core holding for him. They have a great balance sheets as they monetized some assets and hedged aggressively last year. They have about 18% of their oil hedged at $54 and 38% receives a $10 premium to WTI. They have only drawn $500 of the…
🛢 Basic Materials
A new addition to his portfolio. An example of how cheap it is trading relative to earnings. He has an $11.50 price target. A great low-cost producer with good potential going forward.
Osisko Gold Royalties Ltd. (OR-T)
A gold royalty company. He has a $17 price target. Not being a producer, they have more stable cash flow.
Fortuna Silver Mines (FVI-T)
He thinks there is good upside of silver. He expects cash flow to kick in when their new Argentina mine comes on line. He has a $6.50 target. This is a good entry point here.
This post summarizes the top picks weekly. The previous week’s stock picks list is available for an additional week using the link below. Refer to Daily Top Picks available in the All Top Picks pages to browse the all-time top picks archive.
Use this list wisely to identify buying opportunities.
Happy trading !!!