Ross Healy
Member since: Oct '00
Chairman at
Strategic Analysis Corp
Strategic Analysis Corp
2729 Opinions
Latest Top Picks
(A Top Pick Jul 30/18, Up 25%) Balance sheets don't lie. There was nothing wrong with HCG, though many were afraid of this. HCG is still cheap and has terrific upside. He'd like to see the dividend return.
(A Top Pick Jul 30/18, Up 25%) Interest rates will likely go down, so utilities will rise. He'll stick with utilities.
(A Top Pick Jul 30/18, Down 1%) LB isn't far from its valuation. Quebec is the strongest province, fiscally. LB struggles because it had mortgage accounting issues, which hasn't faded yet. He sees good potential and still holds it.
Trades at book value, cheap now. They bought Aetna to get into healthcare. They have good plans reorganizing to get into this space seriously. Good upside. (Analysts’ price target is $70.48)
Instead of cherry-picking gold stocks, buy this. This spreads your risk. And he's very bullish gold these days.
2
0
0
0
0
Your ReactionSignal
Opinion
Expert
Chart
COMMENT
COMMENT
June 6, 2019
We've had a spectacular bounce since December, but based on what? Not much is happening with the economy, really. The hype in U.S. early this year was a shame--it wasn't based on fundamental growth. Powell is being "patient." However, things aren't as good as the US Fed's Powell lets on. A rate hike is out of the picture for now. Rather, he expects a rate cut and the stock will have a Pavlovian reaction. In America, Trump threatens Mexico with tariffs, then pulls back and the market bounces up and down--it's noise. Noise doesn't effect the fundamentals. What we need are earnings, and the fair market value of earnings lately are flat. No growth. What will drive markets? He doesn't know. The FAANGs were the big leaders of the last few years, but not anymore.
We've had a spectacular bounce since December, but based on what? Not much is happening with the economy, really. The hype in U.S. early this year was a shame--it wasn't based on fundamental growth. Powell is being "patient." However, things aren't as good as the US Fed's Powell lets on. A rate hike is out of the picture for now. Rather, he expects a rate cut and the stock will have a Pavlovian reaction. In America, Trump threatens Mexico with tariffs, then pulls back and the market bounces up and down--it's noise. Noise doesn't effect the fundamentals. What we need are earnings, and the fair market value of earnings lately are flat. No growth. What will drive markets? He doesn't know. The FAANGs were the big leaders of the last few years, but not anymore.
Ross Healy
Chairman, Strategic Analysis Corp
WATCH
WATCH
June 6, 2019
In 5 years They're taking on Netflix with some fine programming, but he wonders how much room there will be in the streaming market as more players enter? More competition may pressure Netflix stock down the road. Disney has had a long-term peak of 4x adjusted book value historically. It's now above that ($131). As long as the stock stays above that, then the market will believe in Disney. But watch this very carefully. Right now is a real line in the sand.
In 5 years They're taking on Netflix with some fine programming, but he wonders how much room there will be in the streaming market as more players enter? More competition may pressure Netflix stock down the road. Disney has had a long-term peak of 4x adjusted book value historically. It's now above that ($131). As long as the stock stays above that, then the market will believe in Disney. But watch this very carefully. Right now is a real line in the sand.
entertainment services
COMMENT
COMMENT
June 6, 2019
Preferred shares worth buying? Almost all preferreds are resets, which means every 5 years the dividend rate is adjusted according to interest rates. So, when the latter fall, then resets pay lower dividends. This is why preferreds are falling. Not a good outlook.
Preferred shares worth buying? Almost all preferreds are resets, which means every 5 years the dividend rate is adjusted according to interest rates. So, when the latter fall, then resets pay lower dividends. This is why preferreds are falling. Not a good outlook.
Ross Healy
Chairman, Strategic Analysis Corp
DON'T BUY
DON'T BUY
June 6, 2019
They pay way too much in their dividend. They should cut it a lot, actually. Their earnings forecasts have been declining, too. VET is cheap at 1.5x book value now, but what's the upside? Maybe oil prices will become much stronger, but lately they've been declining. The dividend yield is nearly 10%.
They pay way too much in their dividend. They should cut it a lot, actually. Their earnings forecasts have been declining, too. VET is cheap at 1.5x book value now, but what's the upside? Maybe oil prices will become much stronger, but lately they've been declining. The dividend yield is nearly 10%.
oil/gas
BUY
BUY
June 6, 2019
They've had a round trip since October 2015, rising high then falling back to that 2015 level all because of the Amazon effect (Amazon using other forms of delivery). That said, FedEx's earnings forecasts have held up beautifully. Fair market value upside could be as much as 90%. Historically, their shares peak right at fair market value. There's good technical support at $146, so you can buy at that level. PE is only 9.5x. What's not to like?
They've had a round trip since October 2015, rising high then falling back to that 2015 level all because of the Amazon effect (Amazon using other forms of delivery). That said, FedEx's earnings forecasts have held up beautifully. Fair market value upside could be as much as 90%. Historically, their shares peak right at fair market value. There's good technical support at $146, so you can buy at that level. PE is only 9.5x. What's not to like?
Transportation
DON'T BUY
DON'T BUY
June 6, 2019
It was trading way way up there, then it missed its earnings a bit which is pulling this stock back to Earth. It's still not cheap. Don't catch a falling knife. It's a wonderful company though. No stock can go up forever.
It was trading way way up there, then it missed its earnings a bit which is pulling this stock back to Earth. It's still not cheap. Don't catch a falling knife. It's a wonderful company though. No stock can go up forever.
clothing
BUY
BUY
June 6, 2019
5.4% dividend. The fair market value is miles above the current stock price. Everyone fears Canadian bank stocks, but they are bulletproof. The banks are now a buying opportunity. CM has terrific upside. Buy this and don't look at it for years.
5.4% dividend. The fair market value is miles above the current stock price. Everyone fears Canadian bank stocks, but they are bulletproof. The banks are now a buying opportunity. CM has terrific upside. Buy this and don't look at it for years.
banks
PAST TOP PICK
PAST TOP PICK
June 6, 2019
(A Top Pick Jul 30/18, Up 25%) Balance sheets don't lie. There was nothing wrong with HCG, though many were afraid of this. HCG is still cheap and has terrific upside. He'd like to see the dividend return.
(A Top Pick Jul 30/18, Up 25%) Balance sheets don't lie. There was nothing wrong with HCG, though many were afraid of this. HCG is still cheap and has terrific upside. He'd like to see the dividend return.
investment companies/funds
PAST TOP PICK
PAST TOP PICK
June 6, 2019
(A Top Pick Jul 30/18, Up 25%) Interest rates will likely go down, so utilities will rise. He'll stick with utilities.
(A Top Pick Jul 30/18, Up 25%) Interest rates will likely go down, so utilities will rise. He'll stick with utilities.
electrical/electronic
PAST TOP PICK
PAST TOP PICK
June 6, 2019
(A Top Pick Jul 30/18, Down 1%) LB isn't far from its valuation. Quebec is the strongest province, fiscally. LB struggles because it had mortgage accounting issues, which hasn't faded yet. He sees good potential and still holds it.
(A Top Pick Jul 30/18, Down 1%) LB isn't far from its valuation. Quebec is the strongest province, fiscally. LB struggles because it had mortgage accounting issues, which hasn't faded yet. He sees good potential and still holds it.
banks
COMMENT
COMMENT
June 6, 2019
Gold The market rally is getting long in the tooth and we're starting to see weakness in Japan, spreading to Europe and the US Fed fears that may spread here. The US is carrying huge, expanding debts--fiscal stupidity. Gold could go a long way and he's waiting for it to break out as the world's central banks buy it. Once gold goes, it can really take off. Gold is so disliked as an investment that the junior gold companies have been ridiculously sold off.
Gold The market rally is getting long in the tooth and we're starting to see weakness in Japan, spreading to Europe and the US Fed fears that may spread here. The US is carrying huge, expanding debts--fiscal stupidity. Gold could go a long way and he's waiting for it to break out as the world's central banks buy it. Once gold goes, it can really take off. Gold is so disliked as an investment that the junior gold companies have been ridiculously sold off.
Ross Healy
Chairman, Strategic Analysis Corp
COMMENT
COMMENT
June 6, 2019
S&P 500: more upside to come or is it overvalued? 3,080 is the current fair market value of the S&P, but the S&P almost never reaches above its FMV--its iron ceiling. The last time it nearly did, it took a deep dive. Earnings are flat, going nowhere. Meanwhile, Trump threatens tariffs. The markets could then fall. We could see Uber, Lyft and Beyond Meat slide first, and they could plunge hard.
S&P 500: more upside to come or is it overvalued? 3,080 is the current fair market value of the S&P, but the S&P almost never reaches above its FMV--its iron ceiling. The last time it nearly did, it took a deep dive. Earnings are flat, going nowhere. Meanwhile, Trump threatens tariffs. The markets could then fall. We could see Uber, Lyft and Beyond Meat slide first, and they could plunge hard.
Ross Healy
Chairman, Strategic Analysis Corp
COMMENT
COMMENT
June 6, 2019
Oil or lumber picks? No thanks to both. Will oil prices stabilize? Lumber: housing is falling out of bed and he won't even guess a bottom in housing. He started his career analyzing pulp and paper, so he knows how volatile (low) these stocks can get.
Oil or lumber picks? No thanks to both. Will oil prices stabilize? Lumber: housing is falling out of bed and he won't even guess a bottom in housing. He started his career analyzing pulp and paper, so he knows how volatile (low) these stocks can get.
Ross Healy
Chairman, Strategic Analysis Corp
BUY
BUY
June 6, 2019
Its fair market value is much higher than its stock price. He's followed this a long time. Historically, AC has peaked out twice. If it breaks out over $40, AC could reach $55. You could short the stock when it gets there.
Its fair market value is much higher than its stock price. He's followed this a long time. Historically, AC has peaked out twice. If it breaks out over $40, AC could reach $55. You could short the stock when it gets there.
Transportation
DON'T BUY
DON'T BUY
June 6, 2019
It has a very high PE. Also, its FMV is 80% lower than its current stock price--even with its spectacular earnings. It's not cheap at all. It's trading at 16x its book value. The problem with Amazon is that you don't know what the real earnings ought to be. $1,745 is its break point, near where it is now. All FAANGs are rolling over, and he sees Amazon going lower.
It has a very high PE. Also, its FMV is 80% lower than its current stock price--even with its spectacular earnings. It's not cheap at all. It's trading at 16x its book value. The problem with Amazon is that you don't know what the real earnings ought to be. $1,745 is its break point, near where it is now. All FAANGs are rolling over, and he sees Amazon going lower.
specialty stores
Comments
20000
© Stockchase Inc.
Join the discussion
4 comments in the last 7 days
4
Stock saved to your watch list successfully.View Watch List
