This Week’s Stock Picks & BNN Top Picks Summary: OWL-N, T-T and 21 Stock Top Picks (Feb 09-15)
This week were 21 Stock Top Picks in a wide range of industries: Basic Materials, Financials, Energy, Healthcare, Consumer, Technology, Utilities and Industrials.
🛢 Basic Materials
Massive scale allows for very good asset acquisition. Attractive stock price right now. Very strong dividend. Commodity cycle presenting a good opportunity (trading at lows). Best time to buy is when nobody "likes" mining stocks. Sell this company once cycle turns around.
Believes interest rates will be higher for longer which will increase profits. Dividends combined with share buybacks creating shareholder return. Good for long term investors. Not concerned about mortgage stress with higher interest rates. Baby boomers leaving work force creating job opportunities. Doesn't think US Fed will raise rates too high (crush consumers).
Stockchase Research Editor: Michael O'Reilly We again reiterate IFC.PR.F as a TOP PICK. The parent, Intact Financial, is growing cash reserves while retiring debt and it trades at 15x forward earnings. We recommend setting at stop at $19, looking to achieve its par value of $25 -- upside potential of 19%. Yield 6.0%
Stockchase Research Editor: Michael O'Reilly We again reiterate CCS.PR.C as a TOP PICK. CCS holds $58 billion in assets and has served the Canadian market for 78 years operating as a multi-line insurance cooperative and these preferred shares offers a great yield. We continue to recommend a stop at $17, looking to achieve its par…
They're riding the waves of private credit (direct lending, predicted to be the fastest-growing asset class among alternative investments), the growth of sale/leaseback transactions with investment-grade companies, and bringing alternative investments to retail clients. Revenue earnings should grow 20% this year, trades at 22x PE and raised their dividend last week to over 4%. (Analysts’…
TD vs. RY Both are the right ones to look at. Slight preference at the moment is towards TD on valuation. Bit more negative sentiment on TD due to regulatory scrutiny. Typical cycle of what happens to all the large banks, but no skeletons lurking. Both are buys today. Valuations are fairly attractive. Outlook for…
Very strong dividend. Excellent assets with ability for long term growth. Consistent share buyback program excellent for long term investors. Sector currently "out of favor" which is creating opportunity for investors. Would recommend buying, and owns shares.
It is a Danish company which is a global leader in ostomy care and continence care, and third largest in wound care. It has done two big acquisitions. It has had some weakness in 2023 but should grow through good M&A and good R&D. It has had an 11% dividend growth rate per year and…
It has a very large number of new mobile users, 1.2 million and comes with a 6% yield. Like others it does have some challenges and has to make back its investment in infrastructure. Buy 13 Hold 5 Sell 1 (Analysts’ price target is $27.18)
Have 1,500 stores in the U.S. with more ahead to grow 15% annually near term. Can internally finance without adding debt. (Analysts’ price target is $221.43)
Valuation is in the dumps. First-class operator. Rock-solid balance sheet, no debt at all. Net cash north of $2.5B. Great management team and digital capabilities. With cash so available, increased store count during distressed times. Unique, best of breed, depressed valuation of 16x adjusted earnings. Over 400M loyalty members on digital app, more than entire US…
Lyft was founded in 2012 by logan green and john zimmer to improve people’s lives with the world’s best transportation, and is available to approximately 95 percent of the united states population as well as select cities in canada. lyft is committed to effecting positive change for our cities by offsetting carbon emissions from all…
Largest operator in Canada, aiming for 2000 locations. Resilient business model, can do well in almost any environment. Growing consumer demand for value-priced goods. Operational efficiencies surpass many companies. Steady revenue growth of 10% a year for the last 5 years, healthy operating margins. Yield is 0.3%.Last year, introduced share repurchase program. Buying back more…
It provides fuses, silver protectors to the automotive, industrial and data centres as well as other component parts for electrification of the world. Data centres are an important part of AI technology. It has done well in growing the business at 10 to 12% on a yearly basis and we're looking at a dividend growth…
(A Top Pick Jan 25/23, Down 6%) Aviation and aerospace market in high demand with Global tensions. Large backlog of airplane demand will perform over time. Manufacturing defect in 2023 put large damper on company (large expense) which drove the stock down. Will continue to own shares. Problems appear to be in the rear view…
iPhone sales endure as do services revenue. China remains an issue, though. Also, their headset is expensive, but he thinks it's amazing while demand and sales are good and heading in the right direction.
12-month price target of $1070, very decent runway. King of extreme, ultraviolet lithography that etches on chips. Its technology has been ignited by AI. Sells equipment to TSMC, INTC, or a Samsung. Beat on top and bottom in January by a lot, guided down quite a bit. Massive margins and a monopoly, exactly the type…
Stockchase Research Editor: Michael O'Reilly We again reiterate CIU.PR.A as a TOP PICK. The parent, CU, is a diversified utility provider with a strong balance sheet. We recommend trailing up the stop (from $14) to $15, looking to achieve $25 -- upside potential over 40%. Yield 6.6%
Inexpensive valuation at 9x FFO. Unique operating capability, because affiliation with BN lets them do counter-cyclical acquisitions. Access to capital for acquisitions last year when times were tough, reap benefits for years to come. A must-hold for both income and growth investors, for a nice total return. Yield is 5.4%. (Analysts’ price target is $51.75)
Waste Management is north america's leading provider of integrated environmental solutions. we partner with our customers and communities to manage and reduce waste from collection to disposal while recovering valuable resources and creating clean, renewable energy. we are on a quest for environmental performance, a mission to maximize resource value, while minimizing – and even…
Distributes pharma and medical products. Largest customer is CVS. Operates in a triopoly, controlling 90% of the US wholesale industry. Pricing power leads to predictable cashflow. Aging population, weight-loss drugs, diabetes treatments will result in higher spending and volume. Shares trending steadily higher, good technical strength. 15% earnings growth going forward. Yield is 1.9%. (Analysts’…
Use this list wisely to identify buying opportunities.
Happy trading !!!
What is a Stock Top Pick?
In simple terms, a stock top pick refers to a stock that is recommended by financial experts or investment analysts as being a highly promising investment option. These stocks are typically believed to have a great potential for growth and profitability. Stock top picks are often given by analysts or financial institutions who conduct in-depth research and analysis of various stocks available in the market. Their recommendations are based on a multitude of factors such as company performance, industry trends, market conditions, and potential catalysts that could impact the stock’s value.
Stockchase reviews and documents Daily Top Stock Picks from multiple sources including BNN Market Call, Mad Money with Jim Cramer, 5i Research Forums and the Stockchase team of analysts. Investors tend to gravitate towards top picks as they believe these stocks have a higher chance of providing a good return on investment.
What Makes a Stock a Top Pick?
Now that we understand the basic concept of a stock top pick, let’s delve into what factors make a stock qualify as a top pick. Several key characteristics are typically considered when identifying a stock as a top pick:strong financial performance, industry trends, market opportunities, and management team. By assessing these factors, analysts are able to identify stocks that have a higher likelihood of outperforming the market and delivering favorable returns to investors.
What are BNN Top Picks?
BNN, also known as Business News Network, is a Canadian television channel that focuses on providing the latest news and analysis related to business, finance, and the stock market. The BNN Top Picks are the stocks that were featured as Top Picks by the channel’s expert analysts and guests on the Market Call show. They are part of the Stock Top Picks documented on Stockchase.
Should I Buy the Stock Top Picks Now?
Now comes the million-dollar question: should you buy the top picks now? The answer to this question depends on various factors, including your personal financial goals, risk tolerance, and investment strategy. It is important to note that stock market calls, including top picks, are never foolproof. Market conditions can change rapidly, and even the most well-researched top pick may not perform as expected.
Before making any investment decisions, it is advisable to do your own research. Remember that investing in the stock market always carries risks, and it is crucial to diversify your portfolio. A balanced investment approach that includes a mix of stocks, bonds, and other asset classes is often recommended to manage risk and maximize returns.