This week there were 25 Stock Top Picks and 5 ETF in a wide range of industries: ETF, Technology, Financials, Energy, Consumer, Industrials and Healthcare.
Here are this week’s Top Picks as selected by: David Cockfield, Bruce Campbell, John Zechner, Fabrice Taylor, Keith Richards, Ryan Bushell, Dennis da Silva, Paul MacDonald, Greg Newman and Bryden Teich.
(A Top Pick July 5/17, Up 6%) Came off hard recently. Emerging markets have become dominated by Asia, ex-Japan. 2 / 3 of the index is now the large China stocks and Korean and Taiwan, like Baidu and Samsung. In the old days emerging used to be “junky resource things,” but this is no longer…
For investors who want a broad spectrum of the US markets. They are in the areas that are quite good, consumer staples, utilities, healthcare and consumer discretionary. A very safe kind of thing.
(A Top Pick Oct 31/17, 0%) This ETF is a good way to play the TSX without the higher volatility sectors such as energy and mining.
Chart shows a bit of a base building pattern although we are out of the period of seasonal strength. Seasonal strength for gold miners occurs from July into September. However, this year. September was an awful month.
If you think that there is a thesis that Germany as the ultimate banker for all of mainland Europe is in a bit of a buying situation because of what it has gone through, than this could be a Buy.
Owns it and thinks it's a great company. Very good organic growth, has lots more growth to happen globally. Bought out VISA Europe in 2017 thinks it's going to be fully integrated later part of this year and will add a lot to VISA. Has little or no debt. Tons of free cash flow. You…
Do you see it reaching $30 in 12 months? A good question. This company does well with interest rates low. See if can break the neckline in the mid-$20s to see if it can get to $30.
He loves this one. The stock has really taken a hammering. It is a better company today, but is the same price as two years ago. When a really good company gets beaten up, it is a good time to add to the shares. There could be one or two more quarters of stress. Buy…
Financial investments can do well in a raising interest rate environment. He likes Pram Watsa. He would look closely at the valuation. He likes the theme.
The chart is like most, testing previous old support levels. It's a bit toppy, but you buy Canadian banks when they're weak, and when they're strong. You don't give up on them. The US banks have been under pressure, and they have more chance of going lower. No problem buying this right now, even if…
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like…
It has superior results to Canadian peers. The accident rate has not been lowering because of backup cameras. Profits will improve and the stock will go up. (Analysts’ target: $107.77).
Light oil companies will benefit more from an advance in oil price to $70+ this year. He is concerned, though about the balance sheet here and would pass on it. In a couple of years, all these stocks will go up, however. There are other bargains out there, especially natural gas picks.
He would be looking to add it for a long term hold. They will be building out a lot of their assets, so the cash flow will be taxed for the next couple of years. They will not likely increase the dividend during this time. Compared to its peers, it is cheap.
He used to own it. A great company, but it produces natural gas in Northern BC. The market fundamentals are awful there. He sold out at $14 and he is glad to not own it.
Energy infrastructure has bounced off the lows but is still an under-performer. They grew their dividend over 10% which is attractive but he would prefer to go more for market strength. Look at financials or apartment REITs. ENB-T would be better also.
(Past Top Pick Sept. 22, 2017, Down 6%) He bought is because he saw a real restructuring story. It was beaten up and he felt new managers would solve those problems. They are slowly doing that like getting rid of some assets and it will work out in the end.
Has a strong global brand: Disney, ESPN, Pixar, Marvel and Lucas Film. Their acquisition of 21st Century Fox that just closed boosts their content offering and distribution capabilities for the forthcoming Disney+ streaming service which should do well. Pays a dividend yield of 1.6%. (Analysts’ price target is $128.50)
Provides services and products to the fast food industry so your fortunes will rise and fall with the industry. Cut their dividend about a year ago. That took a lot of glow off the stock. Thinks the worst is over. You may have to wait a couple of years until it gets back to $10…
When they went public he thought it was a great concept – publically owned liquor stores, but it has not done much. Cannabis would give it a bit of a lift but for now it is an income play. You won’t make a lot of money. You can do better with a telco, pipeline or…
Last quarter revenues were a slight miss. Burger King and Popeye's did perform well. He sees 18% EPS growth and it trades at a reasonable 19X. Good growth of stores and they're turning around Horton's. A good grower. It may be close to breaking out.
It is an infrastructure spending play. If you took a profit at this juncture you may be a bit early. The planning phase takes years for one of these projects. Infrastructure spending comes from fiscal stimulus. There is going to be more infrastructure spending and more projects. There will be a longer term need for…
It was one of the Canadian darlings but has suffered since. It got ahead of itself on a valuation basis. As soon as they had some bad news, the market really punished them. At these levels, they are real beat up and sees this as an opportunity. He thinks you will be happy owning this…
🛢 Basic Materials
Loves platinum and palladium. Supply fundamentals are spectacular. Used in Catalytic convertors. China is ramping up car production, talking about increasing emissions standards. There are not many ways to play this. But PDL’s costs have been rather high and execution of their mine has not yielded profits for the average investor. If we get a…
Gold outlook? Gold seasonality is kicking in right now. Also note that the U.S. dollar should start to roll over now. Gold stocks are starting to move up. Gold looks gold now. $1,252 resistence. Barrick is a good play. Next resistance is at $20, then $23. If he didn't own Kirkland Lake, he'd buy this.
It's #5 in revenue of all US companies. They'll do $250 billion in revenue in 2019. It's down only 7-8% during this market carngage, so it's held its own. The CEO belives they just started a growth boom. Has a good runway ahead, working closely with government agencies and in South America. Good defensive stock.…
Loves the biotech sector right now. If he had to invest money in one sector right now, it would be Biotechs. He likes this company. They are positioned very well.
A large, diversified pharma company with a hepatitis C franchise, but are really into immonotherapy and chemotherapy. They are getting positive results with their drugs, and will be the leader in this space. Own this with BMY-N and AZN-N preferrably (and not alone). A must-own stock in healthcare given their pipeline and leadership. Dividend yield…
Do the benefits programs for a lot of small and medium sized businesses and individuals and will benefit from Obama care. It has traded off from fear that businesses would have to now insure all their employees.
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 !!!