Opinions by David Driscoll | StockChase
1940
David Driscoll

President & CEO

ON STOCKCHASE SINCE Oct 2000

Liberty International Investment Management Inc


Opinions by David Driscoll


Signal Opinion Expert Chart
COMMENT
General Market Comment 

March 28, 2018

Grandfather buying for (grand)children's future?  Start conservatively, like TD which offers dividend growth with Canadian and US operations which can benefit from rising interest rates in either country. Also CN Rail. Don't gamble with, say, a marijuana stock which could go under. A TD Bank won't.

Grandfather buying for (grand)children's future?  Start conservatively, like TD which offers dividend growth with Canadian and US operations which can benefit from rising interest rates in either country. Also CN Rail. Don't gamble with, say, a marijuana stock which could go under. A TD Bank won't.

Unknown
David Driscoll

President , Liberty Internationa...

Price Price
$0.020
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

COMMENT
General Market Comment 

March 28, 2018

When he looks at today's valuations, he sees that earnings have to rise for two years to return to equilibrium. The market will correct or goes sidewaks for a while. With more volatility all around, step back and look at your stock price targets; and if a stock doesn't reach that target, then move on and buy something else. This is the perfect opportunity to take advantage of cheap prices. Important: Have cash to deploy during those 10-20% dips. He holds 20% cash. Investing is about how much you avoid on the downside more than how much you make on the upside. Don't chase yield. Few stock markets are up for 2018. He likes companies that generate free cash flow that's growing.

When he looks at today's valuations, he sees that earnings have to rise for two years to return to equilibrium. The market will correct or goes sidewaks for a while. With more volatility all around, step back and look at your stock price targets; and if a stock doesn't reach that target, then move on and buy something else. This is the perfect opportunity to take advantage of cheap prices. Important: Have cash to deploy during those 10-20% dips. He holds 20% cash. Investing is about how much you avoid on the downside more than how much you make on the upside. Don't chase yield. Few stock markets are up for 2018. He likes companies that generate free cash flow that's growing.

Unknown
David Driscoll

President , Liberty Internationa...

Price Price
$0.020
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

COMMENT
General Market Comment 

March 28, 2018

How do you calculate free cash flow? Simply, CFO (cash flow from operations) minus cash dividends paid minus capital expenditures. If it grows over time, you have an unusual company that merits a closer look.

How do you calculate free cash flow? Simply, CFO (cash flow from operations) minus cash dividends paid minus capital expenditures. If it grows over time, you have an unusual company that merits a closer look.

Unknown
David Driscoll

President , Liberty Internationa...

Price Price
$0.020
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Altagas Ltd(ALA-T) 

March 28, 2018

if you buy for the yield, then you won't get much else. If the yield doesn't rise, then inflation will grind away at it. Who knows when the WGL deal in the U.S. gets done, if it does? Doesn't see stock price appreciation. No downside protection here either. So, he'd rather buy its bonds.

oil/gas

if you buy for the yield, then you won't get much else. If the yield doesn't rise, then inflation will grind away at it. Who knows when the WGL deal in the U.S. gets done, if it does? Doesn't see stock price appreciation. No downside protection here either. So, he'd rather buy its bonds.

oil/gas
David Driscoll

President , Liberty Internationa...

Price Price
$23.700
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Applied Materials(AMAT-Q) 

March 28, 2018

All semi-conductors are getting hit. Rose 50% over the part year, and now dropping 10%. Not a fans of semis. Expect more cyclicality and volatility, if you hold. Holding is fine. These stocks can drop quickly.

electrical/electronic

All semi-conductors are getting hit. Rose 50% over the part year, and now dropping 10%. Not a fans of semis. Expect more cyclicality and volatility, if you hold. Holding is fine. These stocks can drop quickly.

electrical/electronic
David Driscoll

President , Liberty Internationa...

Price Price
$54.060
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

TOP PICK
Atlantia SpA (ATL-BIT) 

March 28, 2018

Quasi-equity company that owns toll roads, airports and cell towers in Italy, Chile, Brazil, Poland, Spain, France and elsewhere. 4.3% yield and 10% dividend growth. A steady grower. (Analysts' price target: Euros 29.20)

Quasi-equity company that owns toll roads, airports and cell towers in Italy, Chile, Brazil, Poland, Spain, France and elsewhere. 4.3% yield and 10% dividend growth. A steady grower. (Analysts' price target: Euros 29.20)

0
David Driscoll

President , Liberty Internationa...

Price Price
$0.000
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PARTIAL BUY

It has a 1.11 beta. Doesn't pay a dividend. Competing with Amazon, but Amazon can't operate in China, where Alibaba can operate in America. Just had one of its best quarters ever with 56% YOY growth. Added 27 million active consumers last year, one of its biggest rises in the past three years. But there will be volatility and they can't grow 30-40% forever. Buy half a position to mitigate risk.

It has a 1.11 beta. Doesn't pay a dividend. Competing with Amazon, but Amazon can't operate in China, where Alibaba can operate in America. Just had one of its best quarters ever with 56% YOY growth. Added 27 million active consumers last year, one of its biggest rises in the past three years. But there will be volatility and they can't grow 30-40% forever. Buy half a position to mitigate risk.

0
David Driscoll

President , Liberty Internationa...

Price Price
$178.910
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

BUY

Don't expect huge returns. Their goal is investing in ports, airport, roads and tolls with a 6-7% return. Dividend growing at 7% annually and should continue. 

management/diversified

Don't expect huge returns. Their goal is investing in ports, airport, roads and tolls with a 6-7% return. Dividend growing at 7% annually and should continue. 

management/diversified
David Driscoll

President , Liberty Internationa...

Price Price
$50.160
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
Becton Dickinson(BDX-N) 

March 28, 2018

(A Top Pick May 19/17, Up 17%) They merged with C.R. Bard, another medical device company, so this has opened doors for them internationally. Dividend growing 10% a year. They continue to acquire and grow. He has owned it for 10 years.

biotechnology/pharmaceutical

(A Top Pick May 19/17, Up 17%) They merged with C.R. Bard, another medical device company, so this has opened doors for them internationally. Dividend growing 10% a year. They continue to acquire and grow. He has owned it for 10 years.

biotechnology/pharmaceutical
David Driscoll

President , Liberty Internationa...

Price Price
$212.430
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PARTIAL BUY

They do robotics and logistics, like ensuring quality control on assembly lines. They're starting to get contracts from airports. Hit $72, but now in the $50s per share. Q4 is always tough for them. Take a half a position and watch it. They have over 1,000 outstanding patents.

computer parts mnfctr

They do robotics and logistics, like ensuring quality control on assembly lines. They're starting to get contracts from airports. Hit $72, but now in the $50s per share. Q4 is always tough for them. Take a half a position and watch it. They have over 1,000 outstanding patents.

computer parts mnfctr
David Driscoll

President , Liberty Internationa...

Price Price
$50.770
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Deutsche Bank AG(DB-N) 

March 28, 2018

Down 30% in 2018. They've been cost-cutting, selling assets and fired the CEO. Also, US banks are enjoying interest rate hikes, but not Europe's banks because interest rates aren't moving. DB  doesn't have a model for good capital allocation and its underwriting is not great. Net interest income growth was -15% last year. Poor earnings in last quarter. You're speculating on this as a turnaround play. Risky. Other banks are safer.

banks

Down 30% in 2018. They've been cost-cutting, selling assets and fired the CEO. Also, US banks are enjoying interest rate hikes, but not Europe's banks because interest rates aren't moving. DB  doesn't have a model for good capital allocation and its underwriting is not great. Net interest income growth was -15% last year. Poor earnings in last quarter. You're speculating on this as a turnaround play. Risky. Other banks are safer.

banks
David Driscoll

President , Liberty Internationa...

Price Price
$13.760
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
Dassault Systemes(DSY-FP) 

March 28, 2018

(A Top Pick May 19/17, Up 25%) They make softwware technology found in a wide range of industries from autos to new buildings. They're building revenues on new customers and selling subscriptions of new technology to existing clients. They're getting into A.I. which has great potential.

(A Top Pick May 19/17, Up 25%) They make softwware technology found in a wide range of industries from autos to new buildings. They're building revenues on new customers and selling subscriptions of new technology to existing clients. They're getting into A.I. which has great potential.

0
David Driscoll

President , Liberty Internationa...

Price Price
$0.000
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PARTIAL BUY
Globus Medical(GMED-N) 

March 28, 2018

He recommended it around 18 months ago, and it has doubled in price. Drawbacks before: had no international presence and not enough salespeople, but that has turned around, as reflected in the price jump. Earnings growing 10-15% annually. No debt, but pay no dividend. Buy half a position and watch, but don't buy heavily because it may
drop badly during a correction.

Healthcare

He recommended it around 18 months ago, and it has doubled in price. Drawbacks before: had no international presence and not enough salespeople, but that has turned around, as reflected in the price jump. Earnings growing 10-15% annually. No debt, but pay no dividend. Buy half a position and watch, but don't buy heavily because it may
drop badly during a correction.

Healthcare
David Driscoll

President , Liberty Internationa...

Price Price
$49.260
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

DON'T BUY
IBM(IBM-N) 

March 28, 2018

His own research indicates they're playing accounting games with discount rates for their pensions as well as share buybacks. So, he won't touch it. Offers a little growth, but not price appreciation unlike with software companies.

electrical/electronic

His own research indicates they're playing accounting games with discount rates for their pensions as well as share buybacks. So, he won't touch it. Offers a little growth, but not price appreciation unlike with software companies.

electrical/electronic
David Driscoll

President , Liberty Internationa...

Price Price
$152.520
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
Littelfuse Inc.(LFUS-Q) 

March 28, 2018

(A Top Pick May 19/17, Up 28%) The benefit from the electrofication of so many things now, like cars. Wisely, they listen to their customers and build what they want. More computerization in cars requires more fuses. They also make LEDs and sensors. These three are active areas for growth. He's owned it since 2010. Dividend growth continues to be 12-14%. He'd buy half-positions at this point.

INDUSTRIAL PRODUCTS

(A Top Pick May 19/17, Up 28%) The benefit from the electrofication of so many things now, like cars. Wisely, they listen to their customers and build what they want. More computerization in cars requires more fuses. They also make LEDs and sensors. These three are active areas for growth. He's owned it since 2010. Dividend growth continues to be 12-14%. He'd buy half-positions at this point.

INDUSTRIAL PRODUCTS
David Driscoll

President , Liberty Internationa...

Price Price
$201.610
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

Showing 1 to 15 of 1,939 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company