Latest Stock Buy or Sell? Make More Informed Decisions!

Markets. Markets hung in remarkably well with all the bad news over the last little while. The shutdown is a temporary thing. The market is handling it very well. Mid-caps are outperforming large caps. Part of it is seasonal and part is that they are focused on the US economy. Valuation have expanded earnings multiples and so now selection is much more important. There is better growth in the mid-caps.

The media and content delivery space has been very strong this year because you have seen good cash flow growth. It is sitting on technical support after a pull back. Prefers Cineplex slightly. Both are attractive. IMX is a more global story.

Big beneficiary of the rebound in auto stocks. Made lots of good acquisitions in the downturn. Extremely well financed and has a good balance sheet. Europe is getting marginally better and adds an additional tail wind to the shares. It is not expensive relative to the peer group.

Likes the sector. They are good at executing. There may be more room to run than Magna. The shares have some upside here.

The healthcare space is leading the market. This is a little more aggressive. XBI, an ETF is an alternative. Consolidation is taking place in the Pharma space. AMGN should continue to return cash to shareholders. It is probably not a buyout target.

Some of the US banks are quite attractive over the next 2 to 3 years. He looks for rising dividends and thinks the US banks will have an opportunity for accelerated dividend increases. Thinks this is attractive for this reason. In the near term there is some risk in the earnings based on refinancing of mortgages held back because of rising interest rates. Doesn’t think it will last. It is realatively early here.

Consumer staples have been consolidating during the last 3 to 4 months. Big retailers are squeezing staples companies on margins. There are investors rotating into more economically sensitive companies. Thinks the consolidation may be done. You buy this for safety.

Highly cyclical. Resource producers are having a hard time getting their prices. Stay away from resource companies.

One of the best performing sectors this year in the market. The group has broken out of a 12 year sideways period. This one was widely under owned. He likes managed healthcare. Thinks there is upside in the stock and in earnings. Thinks you will see dividend increases.

(Top Pick Oct 11/12, Down 45.76%) He now has virtually no gold. He transitioned out. He has been short golds.

(Top Pick Oct 11/12, Up 6.63%) Largely he has rotated out of REITs. But he would buy it here.

(Top Pick Oct 11/12, Up 2.37%) Did well with Abvie as well. He sold ABT.

A very steady business. Very steady contracts. Working their way through an acquisition that gave them good revenue growth this year. In the last couple of days people took profits. This one traded sideways all summer and then broke out, pullback and it is a good entry point. A growth story.

An attractive franchise. He has more US but now Canadian banks are benefiting from things being bad in other sectors. Suggests equal weighting banks. Thinks there is more upside with asset managers.

Benefiting from money rotating back into equities. Will benefit going forward.