Portfolio Manager & Publisher, Linde Equity Report at Linde Equity Report
Member since: Feb '14 · 905 Opinions
The Fed has a poor track record when it comes to the accuracy of their predictions on interest rates especially in 2020 and 2021. You can't really count on them when making investment decisions. It is very difficult to make these decisions based on the macro environment. A quote from Ben Bernanke after retirement goes something like this: Sometimes monetary policy is 98% talk and 2% action. Also the guest felt that the ability to shape market expectations of future policy through public statements is one of the most powerful tools the Fed has.
It is a software company that focuses on the construction industry. It has been a fast growing profitless company and was slow to digitalize.
The new gas line will bring 2 billion cubic feet of LNG to the coast but they won't see the impact of the new pipeline until 2025. This makes for a good future. The dividend of 9% relies on the underlying commodity prices for the company so therefore the stock price can be volatile.
It traditionally trades at high value but grows in the double digit range on both top and bottom lines. It is a basically a duopoly with Visa.
They owned it but sold. It never really gained traction. The CEO left and the company divested some of its assets including Alta Gas. Instead of this company consider large cap infrastructure companies that have sold off with rising rates.
It is so large now and a conglomerate with many divisions. The big pharmacies like Walgreen and CVS are in some difficulty and staffs are worn out. There are better opportunities elsewhere.
It has done very well and should be fine for the long term. It has caught up with and surpassed Intel as the industry leader. However there is political risk.
The caller asked about his choice for one of the Canadian pipelines: Enbridge, Pembina, TC Energy and Keyera. He owns the first three and if buying now would choose TC Energy although it has had some issues. It has come down the most of the pipelines and has the most insider buying. It has a 7.8% dividend so even with just a $1 increase in the stock price you would have a total yield of 10% over the next year.
The caller asked about his preference between Tourmaline and CNQ. Both are the highest quality oil and gas companies in Canada. Tourmaline is superbly run but is natural gas weighted and moves around a lot along with the price of natural gas. CNQ is more diversified and therefore its stock price is steadier.
The caller asked about his preference between Tourmaline and CNQ. Both are the highest quality oil and gas companies in Canada. Tourmaline is superbly run but is natural gas weighted and moves around a lot along with the price of natural gas. CNQ is more diversified and therefore its stock price is steadier.
It is in the energy services business.There has been a big drop in the rig count in the U.S. However the number of uncompleted holes is at a ten year low so new drilling will be needed. Also the price of natural gas is recovering. It is generating $200 million in free cash flow this year and the market cap is $400 million.
It is benefiting from the short supply of Boeing and Airbus planes so lease rates are going up. Planes are flying almost at normal levels again and the airline industry is much better. However the airline stocks are almost at levels where they were in 2020. This is a buying opportunity for airline stocks.
The dividend is 7.2% so with even with a very modest stock price appreciation you could have a 10% total return. The bottom has likely been reached recently.
The margins have improved a lot and it is expanding internationally. At 11 X sales it has a high valuation along with a slowing growth rate. It wants to get into the enterprise market but it will take a while and its clients may not want or need comprehensive solutions.
It has a new CEO and 4 1/2% yield. Wait for a reduction in oil prices since they are at their higher end.