BUY
Feels that in large part of the tremendous growth of the banks is behind them. You are looking at much more moderate growth. 8%-9% in terms of earnings. Banks are trading at 11-12 times earnings.
COMMENT
Most cars in North America are 11-12 years old so he expects money will go into the purchase of cars. He would prefer something like Tata Motors (TTM-N), which has a stronger growth prospects.
DON'T BUY
There is a lot of headwinds facing natural gas prices at this point. Supply is very plentiful and there are many different alternatives.
DON'T BUY
Outside of North America, market share has been relatively firm, mostly because most markets outside of North America are still on 2G and I'm not going on to the 3G but they will be at some point. Market share has been very tough for this company in North America. Earnings are quite murky.
COMMENT
You always need more of data storage and it is always going to grow over time. This stock is growing at around 15% earnings long-term with a 16X forward earnings. Valuation is not bad. Trend lines are still above the 200 day moving average. Longer-term he likes the stock but that pattern on the pricing has been strange.
COMMENT
Relatively safe stock but it has done so well. Valuation is slightly high at 19-20 times earnings. Growth rate is around 12%. Prefers others with more reasonable valuations.
TOP PICK
A leader in online advertising with 40% market share of US advertising revenues and growing globally as it has one of the world's most recognized brands. Should continue to generate very strong growth from display advertising. Will continue to monetization within their U tube holding. Mobile search is what the next big thing is. Growing at 15%-20% long-term growth earnings estimated. Trades at 14X earnings. Earnings and revenues are moving up.
TOP PICK
Biopharmaceutical company. Strong grower. One of the few biotech companies that is making money and growing strong margins. Margins are growing at 20%-25% long-term growth. Trading at 16X.
TOP PICK
Looking for a definite catalyst later this year because he is anticipating the split into 2 companies, snacks and North American groceries. Snacks will be the higher growth, which will really benefit from international growth. The other will give a much higher dividend. Trades at a 8% discount to its peers.