Latest Stock Buy or Sell? Make More Informed Decisions!

Market. Trading is one thing and investing is another. He wants to acquire things that are on sale. If he finds something that he likes and it is on sale, then that is wonderful. The current volatility is troubling as we have seen an absence of buyers on the downside. It is hard to do his job as a Canadian guy right now. To perform globally you need the kinds of sectors that we just don’t have enough of: tech, healthcare, & industrial. He looks for names. If you disappoint, you get killed. The market is driven by ETF buying and is overcrowded.

(A Top Pick Nov 30/16, Up 14%) He still likes it. He believes the dividend can grow substantially. He is concerned about the Canadian dollar and that the economy is slowing. The drivers of energy, housing and new legislation are slowing it down. This is a great way to hold assets in northern Europe. These cash flows will continue to grow.

(A Top Pick Nov 30/16, Down 7.8%) He sold because he wanted to reduce gold exposure. It had been the laggard and but now showing some luster. $13 to $14.50 could be a place to buy it back.

(A Top Pick Nov 30/16, Up 8%) Tax reform is more important that Wall Street reform. He bought this when he got wind of the whole scandal of sales practices. He thought it was a good entry point. He uses the dip as an opportunity to buy more.

It is one of those great Canadian companies that fell on hard times. Pipelines are not getting completed as fast as the market expected. They have projects coming up that support their growth. The stock got tanked because of concerns about raising equity. They fixed the balance sheet. This is wonderful – better than a bank. (Analysts’ target: $60.00).

You go out and spend extra money to get an extra weapon and you win at the video game. It is cheap on a multiple basis. He thinks there is more sex appeal coming with FIFA. The company is growing. (Analysts’ target: $130.00).

It is a global franchise. It has gone through a tough period. Unit sales projection slipped. It is 10 times earnings and 9 times future earnings. The risk is taken out of this stock. There is a 10 year recycling of appliances. (Analysts’ target: $187.00).

Times change. The ETF world is a new creation and a cheaper way of getting mutual funds. They are used by institutions to get into sectors without buying a particular stock. He is always cautious about who are you selling to on the way up and who are you buying from on the way down. The opportunities are more on the short side rather than the long side in recent years.

It is a great story. Fixing pipelines as well as oil and water pipelines. They have not really delivered and that is the frustration. Execution has not been there. You and do better elsewhere.

Banks? or lifecos? He sold MFC-T about a year ago. They are a great play on rising interest rates. He did not think they would go up as fast as they did and so he allocated to bank shares.

It has been a good performing company because they executed well. They have a unique position. He missed this one. 59 times forward earnings vs. an industry average of 26.

He owns it in income oriented accounts for the yield. They are paying, and recently increased, the dividend. They announced the acquisition of WGL-N and would have to raise capital, which spooked the market. After this they will become a significant player n the US.

There is a secular story and a cyclical story and the two have converged. It is well run. The problem is the movies. He is looking at it. It is attractive in the $50 range after tax loss selling.

He is concerned about the debt they have carried and the legacy of it. Management has done a good job of paying it down and refocusing the company, but a lot of people are looking at the price of 3 years ago and it is not getting back there. He does not own any but is looking at JNJ-N and GILD-Q.

Zinc inventories have gone through the pinch point. This is at the top of his list of precious metals. It is a pure play.