Today, Jason Mann and Michael Smedley commented about whether ALS-T, PBL-T, TWTR-N, CCO-T, MG-T, YFI-X, SIS-T, BCE-T, LULU-Q, ENB-T, CSW.A-T, PMTS-T, KAT-T, FIH.U-T, PHM-X, TECK.B-T, S-T, PAT-X, BTL-X, SHOP-T, CTC.A-T, MG-T, CMG-N, MST.UN-T, ESN-T, ECN-T, SHOP-T, TOY-T, LIF-T, BCE-T, OSB-T, PTG-T, THO-T, ATVI-Q, BB-T, LNR-T, CVE-T, PXT-T, AGI-T, NFLX-Q, CGX-T, TCW-T, CVS-N, CAS-T, IFP-T are stocks to buy or sell.
It has caught up with the other telcos. It rolled over just as the Trump trade started up again. It is one of the most stable stocks in the index. The valuation is reasonable. You have 5% yield, PE of 17 and very high return on equity. He holds a small position. They can maintain their dividend in a rising interest rate environment.
It was a poster child stock last year. They always had an extremely high valuation. No earnings. It is all forward looking. You can’t put a multiple on it. You are relying on continued rapid growth. If it had a bad quarter it could really fall off a cliff. It had gone sideways for about 6 months, so is falling in his ranking. It is a small short for him right now.
He likes all the auto parts. He has owned this one for 5 years. It has always been cheap but now it also has good price momentum. It scores in the top 3% in terms of valuation. 21% ROE. 10 times PE. They are starting to split out their various divisions when reporting and this makes it easier for analysts. Activist investors might pressure them to spin out some of their dividends. (Analysts’ target: $65.00).
An amazing platforming company, helping greenhorns and others in getting into the marketing game. A splendid generation of green Internet usage. There are no earnings, and there is a tendency to say that if you've actually got it, it would probably be prudent to take a 3rd of your holdings out. If you don't have it, you would be speculating. He would prefer something that is not trading this high.
He bought this at $2, because it was the only thing he could buy in the blockchain sector a year ago. It’s been as high as $18, but is back down to $11.50. This is an understating kind of company. You have to dig into it, and you find that they have got very, very cool leadership, a very strong background in major technology companies who know what they are doing. They’re currently building and expanding a network of platform users. They have strength in Europe and have a UK office. It appears to be stronger than it is even telling us. He would buy more at this point.
He still likes it. It has been frustrating. It was a pick 6 months ago. There is a bit more fear of capacity increase coming on. Hurricane-created demand has gone down. Brookfield has been selling large blocks of this one. He feels we may be getting closer to the end of the cycle for this one, even if we are not there yet.