Michael Decter

Was a little turbulent after its earnings miss, but it remains solid. Don't sell. It will return to and exceed previous highs.

He sold at higher levels than current. There's no investment money flowing into the oil patch, because international investors perceive the federal government as hostile to energy. No buyers. Surge is well run, drills great wells, pays a good dividend and buys back stock.

Buffett holds $300 billion, but he's holding some serious stock positions. It's great to ride along with one of the greatest investors of all times, and the extra cash provides a hedge. If there's a dip, Buffett is in a great position to buy. He expects a dip, but not a crash. Recent earnings season was overall positive.

A brilliant company, but the PE is very high. If it missed or gave soft guidance, it will be severely punished. Wait after earnings if it dips. Too pricey for him. It fluctuates a lot.

He's long owned this, a major position, and will ride through its peaks and valleys long term. A solid company, trading at a much-lower PE than Nvidia. They will benefit as AI gains more usage. Likes it. 

Owns this and competitor Nvo Nordisk, but prefers LLY. The weight-loss drugs have more potential than only weight loss, as they move from injectibles to pill form. The drug hasn't plateaued yet. It's the only drug stock that has performed like the Mag 7.

A long-time holding and owns a lot of shares. The recent downturn is a result of the short-term traders after earnings. This is one to buy and hold long term, as you collect the dividend. They're unaffected by the price of oil and make their money like a toll as they transport oil.

WELL helps doctors by acting as their back office to handle all the paperwork. WELL is adding lots of companies. The price target is $10.

He sold it early when it was spun out. SOBO owns the rights to Keystone, but they have the land back after Biden cancelled it.

30% is too high, even the greatest stock of all time. Don't sell all of it, but gradually sell it down to 5% weight.

Canada has 6 banks and the US has 9,000. TD should have taken warnings from the US regulator more seriously, before the regulators clobbered them with that penalty. TD should have changed their board and CEO faster and sooner; the market was upset with the lack of action and punished shares. Buying TD now at a discount and with the 3.5% dividend it pays is a bargain.

Will benefit from tariffs; they do logistics for companies. They make the paperwork easy. A great Canadian growth story. Has owned this a long time.

Is large and profitable. The CEO led the bank through 2008 and has made many good moves over the years. A long-term holding and the best US banks he owns.

Some companies will do well, with or without tariffs. Tariffs are largely on goods, while 80% of the Canadian economy is services like Descartes and TD.

Despite today's sharp sell-off, he feels that Q4 will be positive. Happening now is some tax-loss selling. Also, now there's a short-term fixed-income opportunity of 5-6% in GICs and bond ETFs, but there's little reward in holding these for the long term of 5-more years and stocks eventually rebound--and he expects. Remember that stocks can raise their dividends and bonds cannot. October could be bumpy but Q4 will be strong. The next move on interest rates will be down. It's immaterial if there's one more rate increase, likely in November and December, because rates will then hold. He likes energy, financials and industrials, where the selling is overdone and the fundamentals are very good. You can get a 6-7% divvy on a Canadian bank and he can't remember when that last happened. Banks will feel some turbulence over the mortgage market, but they can make more money under high interest rates than low.