Chris Blumas
Member since: Dec '19
Portfolio manager at
GlobeInvest Capital Management

Latest Top Picks

(A Top Pick Jul 25/19, Down 1%) He would stay with it and it remains his favorite in the pipeline space. Trades only 8 times cash flow and has a great dividend yield. The negative sentiment right now gives investors a great opportunity now.
(A Top Pick Jul 25/19, Down 18%) The asset quality is there and quality is strong. Over time this will produce good income. Loan loss provisions have gone up and he thinks BNS will weather the storm. Don't sell this now. A good time to buy. You get paid to wait for the economy to improve with the strong dividend.
(A Top Pick Jul 25/19, Down 21%) Raytheon (RTX) bought them out. Its valuation is 15 times earnings. It is diversified, so is not a pure aviation play. They have a defense segment a good balance sheet. He would be adding to this. When they spun out OTIS and Carrier, they actually added to their position on the elevator segment (OTIS) and sold Carrier.
It has the ability to do well in a tough economic market. They completed an acquisition a while back that they are still trying to work out. They are just starting to come into shape and that makes it a good time buy. They have good insulation from online competition. It trades at 16 times forward earnings, while its peers are in excess of 20 times. Its free cash flow yield is above 5%. A great valuation here. Yield 0% (Analysts’ price target is $104.67)
A consulting and outsourcing business. It does not have the same scalability as a software company as its success is based on the number of workers it has. Longer term, this business has a tremendous footprint for its global markets. It plays well into cyber-security concerns. It is valued at 17 times earnings and has a free cash flow yield of 6% with strong recurring revenues. Yield 0% (Analysts’ price target is $97.15)