Today, David Burrows commented about whether FTS-T, VXX-N, BEP.UN-T, RY-T, NA-T, BNS-T, FDX-N, C-N, MFC-T, AMLP-N, SWKS-Q, CSCO-Q, META-Q, KEY-T, ALA-T, WFC-N, CCL.B-T, DIS-N, OSB-T, NFI-T, SHPG-Q, BLK-N, HON-N, MDT-N, CWB-T, MG-T, CGX-T are stocks to buy or sell.
We are in a connective world. They are big in auto and heating efficiency. Everything is connected. Sensors and connective devices. They grew free cash flow. 13% annual dividend growth. It is not an expensive stock. They are the market share leader in every market they are in. 16 times earnings. He likes industrials and connected devices along with dividend growth.
Markets. We have only so much patience. The market broke the 2000 highs in the beginning of 2013 and has chipped itself sideways since then. Every 3 years we get a really big decline. Despite the fact we are near highs, the S&P short interest is at all time highs. There is tremendous bearishness yet he sees from his models that we have healthy markets. He thinks there are a lot of people on the wrong foot on this market. This is a great contrarian indicator. After a 2/3rd decline in energy we are likely to have a 50% upside.