Jeff Parent B. Eng. FCSI CIM
Member since: Nov '06
VP & Portfolio Manager, Chief Investment Officer at
Castlemoore Inc.
Castlemoore Inc.
1187 Opinions
Latest Top Picks
(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.
(A Top Pick Nov 05/18, Up 30%) The housing market that is robust has helped this company. The trend is nice so you could buy it now even.
(A Top Pick Nov 05/18, Up 31%) He’s still bullish on Costco. The chart looks good. It looks expensive but sometimes buying expensive stocks is your best bet.
The chart looked good and he bought it around $46.50. He would exit if the price falls to his buying price. It’s looking good for the time being and he’s happy with the recent shot up.
The label manufacturer with a nice run over a multi-year period. Lately, it’s been treading low. If it goes below $55, he would sell. He expects it to go higher in the next 6 months. (Analysts’ price target is $69.75)
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COMMENT
COMMENT
November 8, 2019
Record highs in the S&P500. TSX is also very close to hitting all time highs. People are buying because markets are going up. There are some concerns that the markets are going to fall down again. However, the breakout we’ve seen this month is distinctive as we are breaking above new levels.
Record highs in the S&P500. TSX is also very close to hitting all time highs. People are buying because markets are going up. There are some concerns that the markets are going to fall down again. However, the breakout we’ve seen this month is distinctive as we are breaking above new levels.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
COMMENT
COMMENT
November 8, 2019
Half of the gain this year is a recovery from last year. We’re up 2-4% annualized, depending on which market you look at, so there is still lots of volatility.
Half of the gain this year is a recovery from last year. We’re up 2-4% annualized, depending on which market you look at, so there is still lots of volatility.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
COMMENT
COMMENT
November 8, 2019
Right now, compared to 2 years ago, it’s been steady so you definitely have to trade to get good performance.
Right now, compared to 2 years ago, it’s been steady so you definitely have to trade to get good performance.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
BUY
BUY
November 8, 2019
If it can continue on volume, it looks very positive. It has built a nice base and it’s worthy of a buy. Support should be around $27. He would aim for the 100 day moving average.
If it can continue on volume, it looks very positive. It has built a nice base and it’s worthy of a buy. Support should be around $27. He would aim for the 100 day moving average.
Healthcare
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$34.260
Unknown
PARTIAL SELL
PARTIAL SELL
November 8, 2019
He recently sold all his position. It’s found a short term bottom. He’s not looking to get back in, since there are better opportunities elsewhere. Some investors are providing support but they seem to fade away and get another round of sellers. Get out if it goes below $61.50.
He recently sold all his position. It’s found a short term bottom. He’s not looking to get back in, since there are better opportunities elsewhere. Some investors are providing support but they seem to fade away and get another round of sellers. Get out if it goes below $61.50.
entertainment services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$63.160
No
COMMENT
COMMENT
November 8, 2019
It’s in a nice uptrend and is coming back to consolidation levels. He would say the exit point is around $13.25. Technically, everything looks good.
It’s in a nice uptrend and is coming back to consolidation levels. He would say the exit point is around $13.25. Technically, everything looks good.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$13.860
Unknown
SELL
SELL
November 8, 2019
There are a lot of components in the energy sector that are weighing them down. The stock came down so much that it’s looking to be more of a bankrupt company than a turnaround story. The stock’s not looking good so be very careful. It could bounce back, or go lower.
There are a lot of components in the energy sector that are weighing them down. The stock came down so much that it’s looking to be more of a bankrupt company than a turnaround story. The stock’s not looking good so be very careful. It could bounce back, or go lower.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.690
No
DON'T BUY
DON'T BUY
November 8, 2019
The chart shows that it can go further down. The motion is still down trending. The stock hasn’t been at these levels since ages. Volume is also declining so there will be more sellers in the next few weeks.
The chart shows that it can go further down. The motion is still down trending. The stock hasn’t been at these levels since ages. Volume is also declining so there will be more sellers in the next few weeks.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$22.540
Unknown
COMMENT
COMMENT
November 8, 2019
Moving averages are good to find an exit point. Looking for crossover of several moving averages could indicate its momentum.
Moving averages are good to find an exit point. Looking for crossover of several moving averages could indicate its momentum.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
DON'T BUY
DON'T BUY
November 8, 2019
He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.
He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.
precious metals
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.600
No
PAST TOP PICK
PAST TOP PICK
November 8, 2019
(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.
(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.
west coast forestry
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$59.890
No
PAST TOP PICK
PAST TOP PICK
November 8, 2019
(A Top Pick Nov 05/18, Up 30%) The housing market that is robust has helped this company. The trend is nice so you could buy it now even.
(A Top Pick Nov 05/18, Up 30%) The housing market that is robust has helped this company. The trend is nice so you could buy it now even.
misc industrial products
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$157.840
Yes
PAST TOP PICK
PAST TOP PICK
November 8, 2019
(A Top Pick Nov 05/18, Up 31%) He’s still bullish on Costco. The chart looks good. It looks expensive but sometimes buying expensive stocks is your best bet.
(A Top Pick Nov 05/18, Up 31%) He’s still bullish on Costco. The chart looks good. It looks expensive but sometimes buying expensive stocks is your best bet.
department stores
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$302.620
No
BUY
BUY
November 8, 2019
Likes this stock. It’s gone through a lot of cycles but it’s now in a holding pattern. It looks like a pretty good purchase right now. It could probably go up to around $8.30.
Likes this stock. It’s gone through a lot of cycles but it’s now in a holding pattern. It looks like a pretty good purchase right now. It could probably go up to around $8.30.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.000
No
DON'T BUY
DON'T BUY
November 8, 2019
A poor buy and hold stock. In an almost 10 year range, it’s been quite range-bound. It could go up to $28 quite quickly in the near term. It’s not a high end growth stock but a cyclical stock.
A poor buy and hold stock. In an almost 10 year range, it’s been quite range-bound. It could go up to $28 quite quickly in the near term. It’s not a high end growth stock but a cyclical stock.
wholesale distributors
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$24.860
No
BUY
BUY
November 8, 2019
A good looking stock that’s breaking out into new territory. They have good volume and they had a big move today. It’s entered a consolidation range and it is looking very positive.
A good looking stock that’s breaking out into new territory. They have good volume and they had a big move today. It’s entered a consolidation range and it is looking very positive.
Transportation & Environmental Services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$40.060
Unknown
BUY
BUY
November 8, 2019
It started with a very long decline but it’s found a bottom at $13.50. Volume is pretty good and it looks to be catching up to the markets. It could go up to around $20. If it goes below $19, he would sell.
It started with a very long decline but it’s found a bottom at $13.50. Volume is pretty good and it looks to be catching up to the markets. It could go up to around $20. If it goes below $19, he would sell.
misc consumer products
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$20.370
Unknown
COMMENT
COMMENT
November 8, 2019
It’s done quite well this year with a nice pop up. These are generally low risk stocks. He’s concerned about yield since it’s a little lower than others. It’s fairly valued right now.
It’s done quite well this year with a nice pop up. These are generally low risk stocks. He’s concerned about yield since it’s a little lower than others. It’s fairly valued right now.
property mngmnt/investment
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$29.450
Unknown
DON'T BUY
DON'T BUY
November 8, 2019
He’s not bullish on it. All oil and gas stocks are showing the same down-ward trend. He doesn’t see a lot of volume so he would avoid this stock. If it drops below $18.50, get out.
He’s not bullish on it. All oil and gas stocks are showing the same down-ward trend. He doesn’t see a lot of volume so he would avoid this stock. If it drops below $18.50, get out.
Healthcare
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.625
No
BUY
BUY
November 8, 2019
It’s slowly moved up from $28. The pullback is a natural phenomenon after the pop. Lots of volume. He would buy it here.
It’s slowly moved up from $28. The pullback is a natural phenomenon after the pop. Lots of volume. He would buy it here.
Financial Services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$41.340
Unknown
HOLD
HOLD
November 8, 2019
It’s broken through the resistance point. The volume looks pretty good. It’s one of the few stocks he would look into buying. A good short term upside target is $14.50. It’s had a major decline like others in the sector.
It’s broken through the resistance point. The volume looks pretty good. It’s one of the few stocks he would look into buying. A good short term upside target is $14.50. It’s had a major decline like others in the sector.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$10.440
Unknown
SELL
SELL
November 8, 2019
He wouldn’t take a position right now. If he held it, he would sell it right now. Technicals are downward tending. Sometimes technical stocks don’t work for all stocks. There are major red flag. (Analysts’ price target is $1.43)
He wouldn’t take a position right now. If he held it, he would sell it right now. Technicals are downward tending. Sometimes technical stocks don’t work for all stocks. There are major red flag. (Analysts’ price target is $1.43)
precious metals
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.520
No
BUY WEAKNESS
BUY WEAKNESS
November 8, 2019
The stock looks to be finding support here. He would be very cautious. He sold out around $450 from a technical point. He still has half a position though. It was a good day today so he will probably buy back the stocks he sold.
The stock looks to be finding support here. He would be very cautious. He sold out around $450 from a technical point. He still has half a position though. It was a good day today so he will probably buy back the stocks he sold.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$376.540
Yes
COMMENT
COMMENT
November 8, 2019
They make pharmaceuticals for pets. The action today looks like it’s breaking down. The volume looks good but there’s been a lot of selling. He would be very cautious.
They make pharmaceuticals for pets. The action today looks like it’s breaking down. The volume looks good but there’s been a lot of selling. He would be very cautious.
Consumer Products
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$117.860
No
TOP PICK
TOP PICK
November 8, 2019
The chart looked good and he bought it around $46.50. He would exit if the price falls to his buying price. It’s looking good for the time being and he’s happy with the recent shot up.
The chart looked good and he bought it around $46.50. He would exit if the price falls to his buying price. It’s looking good for the time being and he’s happy with the recent shot up.
oil/gas pipelines
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$48.500
Yes
TOP PICK
TOP PICK
November 8, 2019
The label manufacturer with a nice run over a multi-year period. Lately, it’s been treading low. If it goes below $55, he would sell. He expects it to go higher in the next 6 months. (Analysts’ price target is $69.75)
The label manufacturer with a nice run over a multi-year period. Lately, it’s been treading low. If it goes below $55, he would sell. He expects it to go higher in the next 6 months. (Analysts’ price target is $69.75)
packaging/containers
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$56.850
Yes
TOP PICK
TOP PICK
November 8, 2019
A risky stock that’s driven him nuts. He bought it around $10.96. It’s finally breaking out. Copper stocks could do well although his exit price is around $11 which could move up depending on how it performs. (Analysts’ price target is $15.47)
A risky stock that’s driven him nuts. He bought it around $10.96. It’s finally breaking out. Copper stocks could do well although his exit price is around $11 which could move up depending on how it performs. (Analysts’ price target is $15.47)
integrated mines
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$12.770
Yes
COMMENT
COMMENT
August 19, 2019
Clients are happy they're making money now. Shopify is doing well for him, though the FAANGs aren't right now. Yield inversions and the China-US trade war are confusing investors. We're not close to a recession. Over 20 years, the chart looks normal. US housing sales are losing momentum, but it's not out of the ordinary. Don't buy ETF's but individual stocks in the U.S.
Clients are happy they're making money now. Shopify is doing well for him, though the FAANGs aren't right now. Yield inversions and the China-US trade war are confusing investors. We're not close to a recession. Over 20 years, the chart looks normal. US housing sales are losing momentum, but it's not out of the ordinary. Don't buy ETF's but individual stocks in the U.S.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
SELL
SELL
August 19, 2019
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.830
Unknown
BUY
BUY
August 19, 2019
The chart is fine, bouncing above $55 in May/June and moving up. Fundamentals rank high, too. Get out if it falls below $55, but he expects it to rise above $65.
The chart is fine, bouncing above $55 in May/June and moving up. Fundamentals rank high, too. Get out if it falls below $55, but he expects it to rise above $65.
specialty stores
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$61.390
Unknown
DON'T BUY
DON'T BUY
August 19, 2019
Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.
Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.
integrated oils
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$38.080
No
BUY
BUY
August 19, 2019
He sold Suncor to buy this recently. It is hitting bottom. He bought it around $3.80, because it can jump to $5 quickly on positive news.
He sold Suncor to buy this recently. It is hitting bottom. He bought it around $3.80, because it can jump to $5 quickly on positive news.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$4.100
Yes
BUY
BUY
August 19, 2019
A great turnaround story. Big recovery with a solid business plan. This will return to the $30's soon. He's been watching it for a long time. Fundamentals score high, too. No, it's not a bank equivalent. It's unique. Exit at $21. Should hit $29 by the end of the year.
A great turnaround story. Big recovery with a solid business plan. This will return to the $30's soon. He's been watching it for a long time. Fundamentals score high, too. No, it's not a bank equivalent. It's unique. Exit at $21. Should hit $29 by the end of the year.
investment companies/funds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$24.940
Unknown
COMMENT
COMMENT
August 19, 2019
Negative bond yields worry him, and predicts a crash. The markets are much different and complicated than investors realize. There's a lot of U.S. debt and monetary fiscal policy at play. He doesn't believe that things will far apart like this.
Negative bond yields worry him, and predicts a crash. The markets are much different and complicated than investors realize. There's a lot of U.S. debt and monetary fiscal policy at play. He doesn't believe that things will far apart like this.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 47%) He sold and minimized his losses and kept the money in cash. He always uses stops. Don't buy it now.
(A Top Pick Aug 08/18, Down 47%) He sold and minimized his losses and kept the money in cash. He always uses stops. Don't buy it now.
Automotive
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$25.470
No
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
department stores
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$21.210
No
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 55%) All energy stocks have gone down, but he's buying them now as they bottom. He sold this before it really plunged.
(A Top Pick Aug 08/18, Down 55%) All energy stocks have gone down, but he's buying them now as they bottom. He sold this before it really plunged.
Energy
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$7.280
No
BUY
BUY
August 19, 2019
His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.
His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$481.620
Yes
BUY WEAKNESS
BUY WEAKNESS
August 19, 2019
vs. Visa Pretty similar charts. MA is a big holding of his, and it recently hit an all-time high. Reduce at $267 and exit at $241. Short-term resistance at $283. This could be $300-400 next year. Buy the dips.
vs. Visa Pretty similar charts. MA is a big holding of his, and it recently hit an all-time high. Reduce at $267 and exit at $241. Short-term resistance at $283. This could be $300-400 next year. Buy the dips.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$278.070
Yes
SELL
SELL
August 19, 2019
It was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
It was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
investment companies/funds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$9.420
Unknown
BUY
BUY
August 19, 2019
The banks are deeply oversold no.w Banks and the energy stocks will drive the TSX in the next few months. Exit at $72.50.
The banks are deeply oversold no.w Banks and the energy stocks will drive the TSX in the next few months. Exit at $72.50.
banks
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$73.120
Yes
BUY
BUY
August 19, 2019
He doesn't like gold, because it's too volatile. CG has good volume, but be careful if this falls below $11--at that point, sell. The overall trend is positive.
He doesn't like gold, because it's too volatile. CG has good volume, but be careful if this falls below $11--at that point, sell. The overall trend is positive.
precious metals
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.600
Unknown
DON'T BUY
DON'T BUY
August 19, 2019
They can't maintain a 14% yield though he's buying oil stocks now. He likes its volume now, but it's very risky. It could touch $24 again.
They can't maintain a 14% yield though he's buying oil stocks now. He likes its volume now, but it's very risky. It could touch $24 again.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$20.390
No
DON'T BUY
DON'T BUY
August 19, 2019
Doesn't like the chart now, after falling from $18. It's breaking below support.
Doesn't like the chart now, after falling from $18. It's breaking below support.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.400
No
COMMENT
COMMENT
August 19, 2019
Which two Canadian banks to hold, sell the rest and hold cash until the fall sell-off. He's underweight the banks but likes their stability. RY is good, but BNS is the riskiest.
Which two Canadian banks to hold, sell the rest and hold cash until the fall sell-off. He's underweight the banks but likes their stability. RY is good, but BNS is the riskiest.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
TOP PICK
TOP PICK
August 19, 2019
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
electrical utilities
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$17.230
Yes
TOP PICK
TOP PICK
August 19, 2019
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
E.T.F.'s