Bruce Murray
Member since: May '16
CEO & Chief Investment Officer at
The Murray Wealth Group
The Murray Wealth Group
644 Opinions
Latest Top Picks
(A Top Pick Nov 28/19, Up 41%) They're figuring out how to monetize their assets. Target of about $315 over the next year.
(A Top Pick Nov 28/19, Up 75%) The world turned out to be Amazon's playground. He has a $4000 plus target on it.
(A Top Pick Nov 28/19, Up 25%) One of the great Canadian retail companies. Focused on young consumer, and already into online sales before the pandemic. The key is that they sell various brands, not an "Aritzia" brand, so they can swap out as names get stale. Target of north of $30.
Perfectly positioned for the pandemic and its empire continues to flourish. Profitability is increasing. Unstoppable juggernaut. If it holds its multiples, should easily exceed $4000 in the next 12 months. Any government tax action won't have much of an impact. No dividend. (Analysts’ price target is $3813.13)
Great story. Multi-industry company. As the economy opens, they'll do well. Technical knowledge is very high. Have won major EV contracts. Scissor lifts, farm machinery. Will move into the $80-100 range. Yield is 0.80%. (Analysts’ price target is $66.17)
Signal
Opinion
Expert
Chart
COMMENT
COMMENT
December 1, 2020
Vaccine news encouraging enough to be back into a long-term bull market? Pandemic triggered an unanticipated recession. Then the economy got reorganized and companies like Zoom took off. Now the rest of the economy has picked up. Confidence returned to investors in November. With the end in sight, the economy should be healthier next year. A lot of damage has been done especially to the small players. He's focused on healthcare, tech, and stocks focused on the reopening economy.
Show full opinionHide full opinion
Vaccine news encouraging enough to be back into a long-term bull market? Pandemic triggered an unanticipated recession. Then the economy got reorganized and companies like Zoom took off. Now the rest of the economy has picked up. Confidence returned to investors in November. With the end in sight, the economy should be healthier next year. A lot of damage has been done especially to the small players. He's focused on healthcare, tech, and stocks focused on the reopening economy.
COMMENT
COMMENT
December 1, 2020
Further gains for media stocks and retailers that have managed to thrive during the pandemic? Absolutely. A change that was expected to take 8-10 years has been jammed into a month and a half. They're on a long-term growth path. The economy's moving in that direction and will continue to do so.
Show full opinionHide full opinionFurther gains for media stocks and retailers that have managed to thrive during the pandemic? Absolutely. A change that was expected to take 8-10 years has been jammed into a month and a half. They're on a long-term growth path. The economy's moving in that direction and will continue to do so.
COMMENT
COMMENT
December 1, 2020
Any groups to avoid right now? A little suspect on commercial and retail real estate. Retailers have been hurt and may not recover. Cautious on financials, as the spread is so low. He's not avoiding financials, he just doesn't see a lot of upside.
Show full opinionHide full opinionAny groups to avoid right now? A little suspect on commercial and retail real estate. Retailers have been hurt and may not recover. Cautious on financials, as the spread is so low. He's not avoiding financials, he just doesn't see a lot of upside.
COMMENT
COMMENT
December 1, 2020
Recommend any electric vehicle companies? Of course Tesla is way out in front. But mainstream auto makers are about to release products onto the market. One of his favourites is Linamar.
Show full opinionHide full opinionRecommend any electric vehicle companies? Of course Tesla is way out in front. But mainstream auto makers are about to release products onto the market. One of his favourites is Linamar.
DON'T BUY
DON'T BUY
December 1, 2020
Difficult to own, though it's a desired brand. Elon Musk has done an amazing job with the company. Valuation is difficult for traditional money managers to get their heads around.
Show full opinionHide full opinionDifficult to own, though it's a desired brand. Elon Musk has done an amazing job with the company. Valuation is difficult for traditional money managers to get their heads around.
HOLD
HOLD
December 1, 2020
All utilities held up reasonably well during the pandemic. Better places to look than utilities at this time. Great job initiating getting into green power. No reason to sell.
Show full opinionHide full opinionAll utilities held up reasonably well during the pandemic. Better places to look than utilities at this time. Great job initiating getting into green power. No reason to sell.
electrical utilities
WEAK BUY
WEAK BUY
December 1, 2020
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
Great software company as we move to the cloud. Dominate their sector. A great hold. You could probably buy and hold and make money. He holds Twilio instead.
computer software/processing
COMMENT
COMMENT
December 1, 2020
Buy Canadian or foreign banks now? Canadian. More stable. Dividend income is taxed more favourably. They're all similar and do well. BNS exposure in South America gives them a better growth opportunity than the others. The US banks have been known to go bankrupt. European banks are a mess. Morgan Stanley is a good buy for capital appreciation through their money management and investment banking.
Show full opinionHide full opinionBuy Canadian or foreign banks now? Canadian. More stable. Dividend income is taxed more favourably. They're all similar and do well. BNS exposure in South America gives them a better growth opportunity than the others. The US banks have been known to go bankrupt. European banks are a mess. Morgan Stanley is a good buy for capital appreciation through their money management and investment banking.
HOLD
HOLD
December 1, 2020
Stock devastated by political currents. Great dividend. We'll still need oil for the next 20-25 years. Fine hold. Should get some capital appreciation. SG will continue to weigh on it, so it may never get back to its former exciting highs.
Show full opinionHide full opinionStock devastated by political currents. Great dividend. We'll still need oil for the next 20-25 years. Fine hold. Should get some capital appreciation. SG will continue to weigh on it, so it may never get back to its former exciting highs.
oil/gas pipelines
SPECULATIVE BUY
SPECULATIVE BUY
December 1, 2020
Companies like this have very high P/E's and expectations. Speculative. But behind them all, are a plethora of component manufacturers, which are selling at low multiples. He wouldn't discourage you from buying it, though it will be some years before the balance sheets will attract investment firms.
Show full opinionHide full opinionCompanies like this have very high P/E's and expectations. Speculative. But behind them all, are a plethora of component manufacturers, which are selling at low multiples. He wouldn't discourage you from buying it, though it will be some years before the balance sheets will attract investment firms.
Automotive
HOLD
HOLD
December 1, 2020
EMA vs. FTS Utility stocks are safe to own in times of fear. Fortis is one of the best managed utilities in Canada, with Emera right behind it. He wouldn't sell if you're holding for income. They'll gradually get back some of the money lost as time goes on.
mngmnt/diversified
HOLD
HOLD
December 1, 2020
FTS vs. EMA Utility stocks are safe to own in times of fear. Fortis is one of the best managed utilities in Canada, with Emera right behind it. He wouldn't sell if you're holding for income. They'll gradually get back some of the money lost as time goes on.
electrical utilities
BUY
BUY
December 1, 2020
Owns cell towers. With 5G coming, great opportunities to build a lot of sites. Like a utility. Expensive, because of the incredible growth. Could be volatile. A good buy and hold for 5 years.
Show full opinionHide full opinionOwns cell towers. With 5G coming, great opportunities to build a lot of sites. Like a utility. Expensive, because of the incredible growth. Could be volatile. A good buy and hold for 5 years.
Business Services
COMMENT
COMMENT
December 1, 2020
Tax loss selling. Usually from Nov 15 - Dec 15. Won't have much of an impact on the market, as most people already sold in the spring and summer.
Show full opinionHide full opinionTax loss selling. Usually from Nov 15 - Dec 15. Won't have much of an impact on the market, as most people already sold in the spring and summer.
PAST TOP PICK
PAST TOP PICK
December 1, 2020
(A Top Pick Nov 28/19, Up 41%) They're figuring out how to monetize their assets. Target of about $315 over the next year.
Show full opinionHide full opinion(A Top Pick Nov 28/19, Up 41%) They're figuring out how to monetize their assets. Target of about $315 over the next year.
PixFuture exclusive partner.
© Stockchase Inc.
