Twitter, Inc, Mattel and 24 Stock Top Picks (May 06-12)
Ford Motor, Polaris Infrastructure and 21 Stock Top Picks (Archive From Apr 22-28)
This week were 21 Stock Top Picks in a wide range of industries: Energy, Financials, Industrials, Healthcare, Technology, Consumer, Basic Materials and Utilities.
Believes that demand for Helium will continue to increase. Existing management team has quality experience. Last well was most successful in North America (have 5 more wells planned in the same area). Major upside for shareholders if wells are successful.
Chevron Texaco (CVX-N)
Crescent Point Energy Corp (CPG-T)
Obviously CPG has benefited from rising oil prices. She owned this years ago, but now prefers the pipelines, which avoid oil price utility. CPG will go where crude oil goes.
Believes management team is excellent. Company growing organically with a mix of M&A. Trading at 1.2x sales (peers trade at 4-8x sales). Expecting share price to rise significantly.
CI Financial Corp (CIX-T)
A lot of corporate activity is changing the company. Stock price is trading fairly cheap. Better names to invest in. Strong dividend with good management. Would prefer Canadian banks, energy and sold off tech stocks.
Bank of Montreal (BMO-T)
(A Top Pick Apr 26/22, Down 5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BMO has triggered its stop at $132. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with the previous top pick recommendation.
Citigroup Inc. (C-N)
Stands out with its compelling valuation. Global, strategic money-centre bank at 55% of book value. Too cheap to ignore. Very strongly capitalized company. Recession concerns have held the banks back. May stall out in a recession, but significantly more upside than down from here. Yield is 4.05%. (Analysts’ price target is $65.02)
Boardwalk REIT (BEI.UN-T)
Tailwind with 37% of its apartments in Edmonton and 17% in Calgary. Alberta doesn't have rent control. Clear line of sight to net operating income growth. Stock price should go up $10-15. Occupancy is up, so they have pricing power instead of relying on rental incentives. Big discount to NAV, solid management. Yield is 1.93%.…
Sun Communities (SUI-N)
Defensive, in the US. Manufactured housing, RVs, and now into high-end yacht docking at marinas. Landlord has minimal capex. Value housing. Usually at a premium to NAV, except for right now. Yield is 1.92%. (Analysts’ price target is $216.30)
SUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN-T)
The best way to play the strongest and tightest market in NA, and that's the industrial market, specifically in Montreal. Track record of creating value. Good takeout candidate at some point. Trading at a wide discount to NAV. Yield is 2.7%. (Analysts’ price target is $24.94)
Believes that renewable natural gas demand will increase. Latest investor day outlined 40% compounded growth the next three years. Recently signed a contract that was bigger than expected.
Has fallen 30-35% in line with the tech market and a slowing economy. Cheap price to earnings at 10x earnings, so it's something to look at. A question mark is CEO retiring, but naming his son to one of the largest divisions.
Ag Growth International Inc (AFN-T)
Turned the corner. Price has increased, but still a compelling valuation. Right place at right time, as the world is more focused on food supply, much of it due to war in Ukraine. Significant demand for products, backlogs are building. Expects fairly significant capital appreciation. Recently refinanced. Possible dividend increases or buybacks in a year…
Ford Motor (F-N)
It is moving in the EV and alternative energy direction. Stock has come off and is at 5 or 6X earnings which is the historical average. Has started delivering their electric pickup truck which costs 20% less to produce than the Tesla Model 3. Not keen on auto stocks since sales tend to be quite…
LLY vs. NVO NVO is focused on weight loss and diabetes. One issue is the liquidity, as it doesn't work well for his covered call strategy. Still fairly expensive. LLY had great weight reduction results recently. LLY is at a discounted valuation, a more diversified business, and exposure to Alzheimer's. He prefers LLY, but you'd…
Stockchase Research Editor: Michael O'Reilly We again reiterate HOLX, a $17 billion market cap developer of medical diagnostics imaging systems of products as a TOP PICK. Earnings will be released soon and analysts have been revising up expectations. Many medical device companies have been negatively impacted by the pandemic as it slowed demand for some…
This has been a long term holding and has been consolidating. It is Israel's largest defense contractor. There is good upside to Israel's defense budget and global defense budgets. It does a lot of business in Western Europe. It is an industry leader in areas such as night vision, cyber defense, high energy weapons, unmanned…
Meta Platforms Inc / Facebook (FB-Q)
It has had issues in the news that have kept the stock price inexpensive - now undervalued. It is spending a lot of money on the Metaverse. He is not adding because he is unsure of the upside. Advertising revenue is very important so limited growth ahead. Also limited because of size.
Prefers Target over Walmart; trading at 14x. Very cheap earnings next year. Shares should be much higher.
🛢 Basic Materials
Lags the group. Laying foundation for future growth. Position in Peru is a bit concerning with recent elections. Current price nowhere near reflects its potential over the next few years. Compelling at current prices. Yield is 0.25%. (Analysts’ price target is $13.76)
Stockchase Research Editor: Michael O'Reilly We again reiterate PIF, a Canadian $366 million market cap infrastructure developer of renewable energy projects in Latin America, as a TOP PICK. It stumbled after last earnings report showed an unexpected loss to the company, but pandemic delays can easily account for that. The company announced it is considering…
Use this list wisely to identify buying opportunities.
Happy trading !!!