Latest Stock Buy or Sell? Make More Informed Decisions!

Today, John O'Connell, CFA commented about whether SDG.UN.TO, MSFT, RIO, AC.TO, BAC, NVDA, WFC, V, MG.TO, TD.TO, S.TO, BCE.TO, ABX.TO, HSE.TO, SU.TO, RUS.TO, Y.TO, FFH.TO, K.TO are stocks to buy or sell.

COMMENT
Has done an outstanding job. All banks have had a great move and are all trading at fair valuation but not cheap. His sense is that bank earnings growth in the next 10 years is going to be more modest. You’ll probably average a total 10% return. This bank has done an outstanding job with their US acquisitions. A headwind is the strong Canadian dollar.
HOLD
Well run. Ownership change has been good. Car business is having a lull but there has been a lot of pent up demand for automotive purchases and this company will get its fair share. Cyclical business. Expects economy will continue to chug along. If stock gets into the high $30’s it would be a Buy.
BUY
US is watering down the legislation that would have affected them. First time in a long time there is beginning to be an increase in consumer debt so people are feeling more confidant and employment is improving. The negative is that they are spending more on gasoline.
DON'T BUY
Well run bank. Still has a lot of real estate exposure as well as a lot of exposure to the consumer. Has increased its dividend.
DON'T BUY
High speed chip business. He is looking at moving to US technology. This one has always been a real volatile player. Consumer technology market is in such turmoil because of ipad tablet, which is getting very competitive and has hurt their space of Notebook. Prefers Intel (INTC-Q).
COMMENT
Has struggled. Increase of dividend was turned down by the fed. They’ll eventually get it. Have a big wealth management area and stock markets are starting to percolate again but are losing on the real estate side.
DON'T BUY
High oil prices are not good for airlines. The time to own an airline is in the middle of a recession and probably when it’s in bankruptcy. You buy the bonds rather than the stocks.
DON'T BUY
Likes its exposure to iron ore, which has been softening recently. Very tied in to the Chinese market place. Chinese and Indians are huge drivers of consumption and there has been a moderation of growth in China. Money supply and M2 growth is almost zero. Authorities are tapping on the brakes.
BUY
Trading at 8 or 9 times next year’s earnings. Good dividend, which he expects will continue to grow. Management will continue to buy back stock. Over a 2 year time frame you should easily be able to earn a 10% compounded rate of return. Becoming a dominant player in Cloud computing.
TOP PICK
Potentially being acquired by Western Energy (WRG-X), which will lead to the 6th largest driller in Canada. Will be the most modern deep drilling rig companies, all staffed up with good capacity.