Rating Card

premium

Unlock Expert's Rating and Top Picks Portfolio

Curated by Michael O'Reilly since 2020
1550+ opinions with 4.81 rating (one of the best performing expert)

Latest Top Picks

Stock Opinions by Jeff Parent B. Eng. FCSI CIM

COMMENT

Other than tech in the U.S. there's been a lot of downturn globally creating a divergence between tech and the rest of the markets.There's been a huge rally driven by tech stocks over the past 16/17 years and the NASDAQ market has been up by about 20% per year since 2009. AI is now in the same situation as the Internet was in 2000. AI now has to advance to the next level and needs something new to do this. It is not unusual to see low volatility for a long time so this does not concern him.

Unknown
DON'T BUY
Intel

Intel is a tricky stock and we haven't seen the bottom yet which means lots of downside potential. If it gets to $32 you could consider buying.

computer parts mnfctr
DON'T BUY
BCE Inc.

He is seeing a bottom now at $44 and if it gets below that then sell. He doesn't see a lot of upside, maybe $48. It has issues such as interest rates and debt concerns.

telephone utilities
BUY
Micron Technology

In answer to the question comparing NVIDIA and Micron, he can't tell which one will outperform so you could buy both on a pullback. He considers them more of a trading type of stock. Be careful though - they have high momentum have the potential to be very volatile

computer software / processing
BUY
NVIDIA Corporation

In answer to the question comparing NVIDIA and Micron, he can't tell which one will outperform so you could buy both on a pullback. He considers them more of a trading type of stock. Be careful though - they have high momentum have the potential to be very volatile

computer software / processing
DON'T BUY

A lot of REIT's haven't recovered after the 2020 crash. People want 6 to 10% yields. This one has 11 1/2%. It's price has been steady at $17 this year but is now breaking below that creating new lows for the stock. It is technically breaking down. Be selective when buying REIT's.

investment companies / funds
BUY

You can buy this for oil and gas exposure and it should do well with oil trending up. It has been consolidating for the past two years at around $45. Sell if it goes below $40.

oil / gas
BUY
Trimble

It has shown a reversal pattern after multi-year declines. It has pulled back from its recent high and is beginning a new upward trend with a lot of buying coming in, so is a buying opportunity.

Technology
Unspecified

Had a big jump this year and is at a good price. It is in a flag formation, consolidating in a tight range. If it dropped below $78 it could go down another $10.

transportation equip & components
BUY
Bank of Montreal

If you want banks now is a good time to buy BMO after its recent drop. It has consolidated at $118 and pays a good dividend which it will probably raise. Sell if it goes below $110.

banks
WAIT
Telus Corp

He doesn't see the same buying coming in as with BCE.. It is making new lows - wait until it is above $23 to buy. Follow the 50 day moving average.

telephone utilities
PAST TOP PICK
(A Top Pick Aug 24/23, Down 11%)

He has a personal position but not a client one. It follows the bond price movement. Interest rates are expected to go down and therefore bond prices to go up. Bonds can't go bankrupt but their upside is limited. They are tied to interest rates and can be used as a hedge.

0
PAST TOP PICK
Carnival Corp.
(A Top Pick Aug 24/23, Up 3%)

He bought this at $10 so has made good money. Expects it to go to $20. It has taken on a lot of debt so managing it is important. The chart shows a bottom and now turning up although it is volatile. The 5 year chart shows the price still hasn't recovered from pre-Covid. No dividend.

Transportation
PAST TOP PICK
Gibson Energy
(A Top Pick Aug 24/23, Up 24%)

It has strong growth and dividend. Still likes it.

pipelines
BUY
Walt Disney Co.

It had a big slide over two years followed by a big rally from $91 to over $120, followed by a pullback presenting a good buying opportunity. Sell if it goes below $95.

entertainment services
Showing 1 to 15 of 1,301 entries