- Page 3/3
'%20fill='%23000000'%3e%3cg%20id='Rating-Card'%20transform='translate(120.000000,%20487.000000)'%3e%3cpath%20d='M848.295367,82.286474%20C848.68919,81.9045087%20849.327703,81.9045087%20849.721525,82.286474%20L854,86.4361302%20L858.278475,82.286474%20C858.672297,81.9045087%20859.31081,81.9045087%20859.704633,82.286474%20C860.098456,82.6684393%20860.098456,83.2877274%20859.704633,83.6696927%20L854.35654,88.856763%20C854.159628,89.0477457%20853.840372,89.0477457%20853.64346,88.856763%20L848.295367,83.6696927%20C847.901544,83.2877274%20847.901544,82.6684393%20848.295367,82.286474%20Z'%20id='Path'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
DON'T BUY
A lot of companies put in highs in January, rallied again into March but with lower highs. Technically that is concerning. Making an acquisition of Aurelian Resources (ARU-T), which is either going to be great acquisition or it will be a tough. Could be political risks. Good business and a growth company but would like to see more follow-through on the precious metal rally. This has been one of the poorer performers of the group.
precious metals
DON'T BUY
In the infrastructure space and heavily tied to energy. If energy continued to rally, this would probably participate. The real question is reduced growth outlook in emerging markets and growth markets. Thinks there will be more money in infrastructure but currently there is negative psychology around this area.
contractors
DON'T BUY
Basics material group had enormous pullback in June. Steel group has more difficult concerns around pricing power, which up until very recently has been very strong. Emerging markets and China markets has pulled back substantially. Would want to see the stock trade above $58/$59 before he would be entering.
steel
DON'T BUY
There is a very good fundamental case to be made for offshore drillers. If the U.S. Congress allows offshore drilling, these companies are in a great spot. Technically this group has been badly broken in the last few weeks. He would like to see it trade above the 50-day and 200-day moving averages.
oilgas field services
DON'T BUY
There is a very good fundamental case to be made for offshore drillers. If the U.S. Congress allows offshore drilling, these companies are in a great spot. Technically this group has been badly broken in the last few weeks. He would like to see it trade above the 50-day and 200-day moving averages.
oilgas field services
TOP PICK
This group has been out of favour since 2000. This one has an above average growth rate against its peers. Have 3 core areas and all 3 are doing very well. Margins are expanding. Estimates are rising. International exposure.
David BurrowsOwned
biotechnologypharmaceutical
TOP PICK
This is a market share story. Smart phones are about 30% of the world’s market. This company is taking a very big piece of that. They only have about 2% of the world's handset market and this could grow to 5%. Have a ton of new products coming out over the next few months. They will generate an enormous amount of cash.
David BurrowsOwned
electricalelectronic
TOP PICK
Software company. Has been acceleration in the database business. Also have a mobile pack that is used for messaging. Includes a software platform available for iPhones to allow the iPhone to be attached to an enterprise for safe e-mail transmission and accessing corporate information. Great growth rate and great margins.
David BurrowsOwned
oilgas
%20-%20http://www.bohemiancoding.com/sketch%20--%3e%3ctitle%3ePath%205%3c/title%3e%3cdesc%3eCreated%20with%20Sketch.%3c/desc%3e%3cg%20id='Page-1'%20stroke='none'%20stroke-width='1'%20fill='none'%20fill-rule='evenodd'%20stroke-linecap='round'%20stroke-linejoin='round'%3e%3cg%20id='mobile'%20transform='translate(-353.000000,%20-32.000000)'%20stroke='%2325292B'%20stroke-width='1.5'%3e%3cg%20id='Group'%20transform='translate(321.000000,%2022.000000)'%3e%3cpath%20d='M33,11%20L36.2928932,14.2928932%20C36.6834175,14.6834175%2037.3165825,14.6834175%2037.7071068,14.2928932%20L41,11'%20id='Path-5'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
