They spent a lot of time in the penalty box last year. The several hundred stores in a recent acquisition will be accretive. It is felt that Amazon will get into the pharmacy business. You will like to get advice on your prescriptions when you refill them. It is only 14 times earnings and increased the dividend 42 years in a row. Expectations are for a raise again this year.
(A Top Pick Jan 24’16, Up 25%) They had the luxury of pricing their product in Brent. It has a big plus for them. They set a new all time high this morning. This is probably the only one in the last many, many months. He still likes it. It is his second biggest holding. A new announcement on Feb 6th. It is matter of how big is the bump going to be.
They have lagged a lot of the other banks in the last couple of years but management has done wise things. They pushed into the US with wealth business. The more exposure to the US economy the better. It has always had the lowest multiple and the highest yield, so there is no reason to jump ship right now.
They have lagged a lot of the other banks in the last couple of years but management has done wise things. They pushed into the US with wealth business. The more exposure to the US economy the better. It has always had the lowest multiple and the highest yield, so there is no reason to jump ship right now.
This is a very good company. He owned a company it acquired. They have great brands and it should play into the consumer. $4k more per individual should come from tax credits for higher income earnings. Today their forecast disappointed investors. Then a news story worked against them. They were quick to say that their Crock Pot model eliminates the possibility the news story’s reported fire.
He is not in the space. Block chain is a seriously valid technology and this company has a lot of the attributes you would look for in a company but it is way too early stage. It is in the speculative category even if quite worthwhile. Part of the problem is that the stock has been highly promoted and this turns him off even more.
Market. He does not think we are headed for a tumble. He remains constructive. He still feels that valuations are there and we are in a very favourable business environment especially in the US. Rates are low and the tax benefits are going to come through this year giving a boost to earnings. With growth in earnings we could have a very decent year. There will be some firming up in the US dollar with a slight rise in rates. There is a feeling that the value of the US dollar will be impacted with anti-Trump feelings. In the Marijuana sector, his two clients who insistent on it have done very well but as the globe says, he is a kill-joy advisor and won’t go near them. It is a speculation.