Today, Ross Healy and Mike S. Newton, CIM FCSI commented about whether HD-N, FNV-T, DLR-N, CMCSA-Q, DWDP-N, MG-T, IPL-T, CCL.B-T, CGX-T, V-N, ROP-N, DLR-N, AP.UN-T, NFI-T, LUN-T, BPY.UN-T, BBD.B-T, TOY-T, NWL-N, CTC.A-T, K-T, TSGI-T, BAC-N, T-T, NFI-T, AGI-T, WEED-T, UPS-N, PWF-T, IMO-T, BAC-N, BNS-T, TD-T, SHOP-T, DIS-N, HBC-T are stocks to buy or sell.
There is always going to be a regulatory cloud over Internet gambling. The stock is cheap and had a terrific last earnings quarter, up 22%. If the central US government is going to starve the states by reducing taxes, then they are going to be looking for extra places to get money, and online gambling is a darn good place to find it. (Analysts’ price target is $33.)
Years ago, they bought the Tasiest mine and paid a horrendous amount of money for it, and then had to write it all off. Now that everything is written off, you have a hard asset. They are now going to enlarge the mine in 2018, and it is going to be a low-cost producer. If we get any kind of a move in bullion at all, the stock should do very, very well. (Analysts’ price target is $6.99.)
Market. In a short-term trading window between now and February, we can play all kinds of games, and pretty much guess that financials will probably do pretty well, as well as some of the healthcare stocks and media. On the flipside, a company like Royal Caribbean Cruise Lines actually has zero percent effective tax rate. To make an analogy between what we are seeing in the stock market right now and a car, we just got a reduction in the gasoline price, but what is the fuel efficiency of each and every car. He thinks we are going to get a little side swiped by too much focus on the taxes and are going to forget to look at the fundamentals of the companies.
Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.Recently came out with earnings which were excellent. Seem to be delivering across all their business lines. The dividend increase of 40% was quite strong. They are trying to get all their different retail properties to work as one.
Believes in the turnaround. Had acquired Rubbermaid and spent quite a bit of time rationalizing their brands and their offerings, and selling off some pretty iconic names. He is very positive on the name, but as result of his Stop-Losses he was taken out before it got really ugly. He’d be interested in taking another look at it now.
There was a real change of events last week and the week before where there was a very, very negative reaction to the Candelaria mine in Chile, where the walls had collapsed. He finds the commodity space of metals, minerals, oils, gas a tough place to be because of volatility. A lot are very capital-intensive projects, and when something goes wrong, it is very costly, and very costly to shareholders. It’s always been too volatile for his liking.
(A Top Pick Nov 8/16. Up 26%.) One of the highest quality Canadian REITs available. Focused on the major urban centres. The only negative is that it’s trading at a bit of a premium to most analysts’ estimates NAV, so he would be a little cautious. The argument would be that in the next 12 months it will grow into that premium. Dividend yield of 3.7%.
How does the recent news of Bitcoin affect this company? The idea of Bitcoin and blockchain technology is a very legitimate and growing misunderstood space. It is going to be a force to be reckoned with. This company is not going to just sit by and let it happen without being involved. Visa continues to be a core holding for him.
He likes this because of rising interest rates, less regulatory interference and the stock is cheap. Even in a bear market, he doesn’t think this is going to get hurt badly. Dividend yield of 1.7%. (Analysts’ price target is $29.)