Jim Huang
Member since: Dec '02
President at
T.I.P. Wealth Management

Latest Top Picks

(A Top Pick Mar 26/18, Down 1%) He bottom-picked this, but LB didn't produce the upside he expected. They've had trouble cutting labour costs. But he's confident they'll resolve this and continue to digitize their branches. Pays a good dividend. You may need to sit on this longer. He reduce his shares, but still owns it.
(A Top Pick Mar 26/18, Down 4%) A lean and mean operation. He believes in it. It comes down to oil prices, which have fallen. But he expects oil to rise in the next 12-18 months and CNQ will benefit.
(A Top Pick Mar 26/18, Up 51%) They got by management changes in a rough transition, so the stock got hit. But they have innovative technology and continue to grow market share. The stock is cheap. He still likes it. (Also his Top Pick today.)
It's stronger than a few years before. They have innovative technology used in construction and design. They're big in healthcare and office design. The new managers must aim for less volatility and diversify their customer base, which he believes they are executing. Given their 30-40% growth rate and trading at 17x, this isn't expensive. Also, they'll benefit from rising oil prices. (Also a Past Pick.) (Analysts’ price target is $7.96)
OPEC doesn't want oil to fall that low. $65 oil is possible. There's definite upside here. Even Canadian oil is improving, though slowly. Canada needs more pipelines to the US and more markets, namely China. Railways have stepped up, but it's not the safest way to transport oil. He's bullish Canadian oil. (Analysts’ price target is $28.58)