Latest Stock Buy or Sell? Make More Informed Decisions!

Market. Technicals and the liquidity arguments favour stock markets going higher. There is a lot of money on the sidelines, interest rates are low and the alternatives are unattractive. Technically, a lot of Canadian stocks are bouncing back through resistance levels. US market is fully valued, perhaps a little bit over, and you had some serious worries in front including Chinese growth and conditions in Europe. Doesn’t think third-quarter earnings are going to be blow outs either. He is staying long but being selective.

He is comfortable with this right now and it is one of his larger positions. Biggest company in the Index so you have to have a good reason not to own it. Earnings are recovering. Obviously good exposure to wealth management in Canada. Valuation is a little on the high end. Canadian banks have a premium valuation but thinks there is a lot more upside compared to some of the US banks right now. Dividends are north of 4%.

Sold some of his position when it got into the high $30’s and hasn’t bought back in yet. His shorter-term worry is with the metallurgical coal market. He would be comfortable adding back to his position at under $30.

This is starting to make a bit of resurgence. Part of their product lines have started to come back in. Their market really looked like it was dying and now they seemed to have reinvented themselves in terms of Cloud Services, etc. and the ability to move that traffic. Has added to his holdings recently. Likes the valuation. Very little downside. 2.97% yield.

Chart looks good. Has had a great recovery so far this year. Some of the telcos have been a good haven when economically sensitive stocks were out of favour. Doesn’t know, valuation wise, that there is that much upside left from here. If you own, he would be inclined to take a little money off the table.

This has come down a long way. Risk is in the iron ore pricing right now. Starting to see some stabilization. Thinks there is a risk of a fair drop in earnings here which limits their ability to pay anything to shareholders so there is a risk to the payout.

Likes it here. Took a big drop when people became worried about resource stocks. Clearly having a bit of a bounce back. Technically it looks really good.

Dirt cheap and the auto industry is recovering. People are worried about their acquisition last year and a couple of their plants that are running at extremely low capacity and about earnings problems over the next few quarters. Trading around 6X current annualized earnings. Have a big platform with this new Ford Escape that is coming out. Could easily see it back at $10-$12.

(Market Call Minute.) His least favourite among the metals.

(Market Call Minute.) Great copper play. Copper prices have hung in relatively well and he still sees the global economy growing.

(Market Call Minute.) Hold if you like yield. You won’t get much growth out of it.

(Market Call Minute.) This would be a Hold to more of a Sell. Thinks a lot of the Safe plays are way overvalued.

(Market Call Minute.) Has been adding to his position recently. Likes the oil stocks in general. Great growth.

(Market Call Minute.) Not his favourite play in technology. Hard to ignore the valuations. Clearly growth is slowing down. Losing market share but at 10X earnings and the dividend yield there is really no need to sell it.

(Market Call Minute.) Great international growth. A little bit extended right now. Good dividend yield and slow growth play.