Barometer Capital Management
Latest Top Picks
Remember that valuation is relative. Some years have higher valuations, some lower. Make sure you own shares that companies make things that people want and the company leads in its sector. WMT is a powerhouse, but its price performance vs. the market has been falling since September. WMT is really improving its e-commerce, but it will cost them. It's a great company...but there's Amazon. WMT is too defensive for this current market.
Remember that valuation is relative. Some years have higher valuations, some lower. Make sure you own shares that companies make things that people want and the company leads in its sector. WMT is a powerhouse, but its price performance vs. the market has been falling since September. WMT is really improving its e-commerce, but it will cost them. It's a great company...but there's Amazon. WMT is too defensive for this current market.
Can I still get in after soaring like today? The market will be good this year with less volatility and less political interference. You want to own strength. If SHOP makes a mistake, it'll be costly, but they have a lot of investments. They are rock solid in small/medium-sized customers. Retailers tell him that this year the light went on--meaning going to e-commerce. And Shopify is the way to play this, this or Amazon. He owns both. SHOP reported a big beat today. They will continue to growth at this rate, and there are limited choices. Can it pullback? Yes. But it will also climb higher.
Can I still get in after soaring like today? The market will be good this year with less volatility and less political interference. You want to own strength. If SHOP makes a mistake, it'll be costly, but they have a lot of investments. They are rock solid in small/medium-sized customers. Retailers tell him that this year the light went on--meaning going to e-commerce. And Shopify is the way to play this, this or Amazon. He owns both. SHOP reported a big beat today. They will continue to growth at this rate, and there are limited choices. Can it pullback? Yes. But it will also climb higher.
He doesn't like the oil sector. Don't buy weakness in a strong market. Hard to make money in an unloved sector, oil. No uptick here. ESG and coronavirus are headwinds. CNQ or Suncor are the very top stocks in this sector and are the only serious considerations.
He doesn't like the oil sector. Don't buy weakness in a strong market. Hard to make money in an unloved sector, oil. No uptick here. ESG and coronavirus are headwinds. CNQ or Suncor are the very top stocks in this sector and are the only serious considerations.
How long can this bull market last? Cyclical bull markets last 24-36 months between major corrections, and we cleared one at the start-2019. Secular bull markets run 15-18 years with interruptions like 2014-5 and 2018. In 1981, the baby boomers hit peak investing years and they peaked out in 2000 which was the end of that secular bull market. The millennials are a bigger group than the boomers--and they've just hit the same point as 1981. So, this secular bull run could stretch into the 2030s. Crashes happen, but don't last. He predicts two years ahead of clear sailing. A generation low in interest rates help. TD will be fine, but he prefers JPM or BAC.
How long can this bull market last? Cyclical bull markets last 24-36 months between major corrections, and we cleared one at the start-2019. Secular bull markets run 15-18 years with interruptions like 2014-5 and 2018. In 1981, the baby boomers hit peak investing years and they peaked out in 2000 which was the end of that secular bull market. The millennials are a bigger group than the boomers--and they've just hit the same point as 1981. So, this secular bull run could stretch into the 2030s. Crashes happen, but don't last. He predicts two years ahead of clear sailing. A generation low in interest rates help. TD will be fine, but he prefers JPM or BAC.
It's fighting structural problems and cultural issues. He'd buy its peers instead. WFC is losing good employees. Look at JPM, the leader in this group.
This REIT has growth, and growth is more important than a high yield. This plays directly into 5G beautifully. He owns few REITs but likes this one.
This REIT has growth, and growth is more important than a high yield. This plays directly into 5G beautifully. He owns few REITs but likes this one.
P&C is a great space. KIE is a US insurance ETF and is hitting new highs, consolidating since June. Chubb is strong in P&C. Allstate is also good. He owns both.
P&C is a great space. KIE is a US insurance ETF and is hitting new highs, consolidating since June. Chubb is strong in P&C. Allstate is also good. He owns both.
