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All Canadian banks have been home runs since the financial crisis. They are all in slightly different businesses. Toronto Dominion (TD-T) is more in the US, Royal (RY-T) is more in capital markets, etc. This one is more of a domestic bank and focused on retail and wealth management, so they are a bit less dynamic. If you own, hang onto it and just leave it alone. The banks are in good shape, as long as the Canadian consumer credit situation holds up.
All Canadian banks have been home runs since the financial crisis. They are all in slightly different businesses. Toronto Dominion (TD-T) is more in the US, Royal (RY-T) is more in capital markets, etc. This one is more of a domestic bank and focused on retail and wealth management, so they are a bit less dynamic. If you own, hang onto it and just leave it alone. The banks are in good shape, as long as the Canadian consumer credit situation holds up.
A very technology value added aluminum company, which is a leader in all their businesses, aerospace, auto, engineered products. Very technology oriented. It’s somewhat cyclical, but he sees earnings growing by at least 25%-30% a year for the next few years. A very, very cheap stock. Sees significant upside. Dividend yield of 0.81%. (Analysts' price target is $31.)
A very technology value added aluminum company, which is a leader in all their businesses, aerospace, auto, engineered products. Very technology oriented. It’s somewhat cyclical, but he sees earnings growing by at least 25%-30% a year for the next few years. A very, very cheap stock. Sees significant upside. Dividend yield of 0.81%. (Analysts' price target is $31.)
This has been buying back shares like crazy. Bought back about a 3rd of shares outstanding. They are still sitting with a ton of cash. They make the Gorilla glass for iPhones. Fibre optics, which was their big business back in the late 90s, has re-emerged again. Also has some other businesses that are related in the medical business and the emissions business. A double-digit grower selling at about 13X this year's earnings, so it is really, really cheap. Dividend yield of 1.91%. (Analysts' price target is $33.95.)
This has been buying back shares like crazy. Bought back about a 3rd of shares outstanding. They are still sitting with a ton of cash. They make the Gorilla glass for iPhones. Fibre optics, which was their big business back in the late 90s, has re-emerged again. Also has some other businesses that are related in the medical business and the emissions business. A double-digit grower selling at about 13X this year's earnings, so it is really, really cheap. Dividend yield of 1.91%. (Analysts' price target is $33.95.)
If this were trading in the US, it would be double the share price. It’s selling for half its intrinsic value. The company has been making money through good times and bad times, so they haven’t been cyclical. One reason is that they have always had zero debt. About a 3rd of the market cap is sitting in cash. The steel cycle is very strong, but the stock has not responded, it’s just lagging, and therefore this is an opportunity. Dividend yield of 2.06%.
If this were trading in the US, it would be double the share price. It’s selling for half its intrinsic value. The company has been making money through good times and bad times, so they haven’t been cyclical. One reason is that they have always had zero debt. About a 3rd of the market cap is sitting in cash. The steel cycle is very strong, but the stock has not responded, it’s just lagging, and therefore this is an opportunity. Dividend yield of 2.06%.
Hunter Harrison was the CEO at the time of his passing. His approach was a very rigid, cost cutting, precision railroad, and to drive the Operating Ratio down as far as he possibly could. This was at the cost of good business. The OR right now is at about 65%, pretty low. It's not an easy railroad to run. It’s highly reliant on coal. Trading at about 21 or 22 times earnings. He would pass on this.
Hunter Harrison was the CEO at the time of his passing. His approach was a very rigid, cost cutting, precision railroad, and to drive the Operating Ratio down as far as he possibly could. This was at the cost of good business. The OR right now is at about 65%, pretty low. It's not an easy railroad to run. It’s highly reliant on coal. Trading at about 21 or 22 times earnings. He would pass on this.
Amazon (AMZN-Q) or Netflix (NFLX-Q)? Doesn't own either. Prefers Disney (DIS-N) as their pending purchase of 21st-Century Fox is going to remove the shackles and people are going to stop thinking of it as a cord cutting situation with lower subscriber participation, but more in terms of a streaming competitor to these 2. (See Top Picks.)
Amazon (AMZN-Q) or Netflix (NFLX-Q)? Doesn't own either. Prefers Disney (DIS-N) as their pending purchase of 21st-Century Fox is going to remove the shackles and people are going to stop thinking of it as a cord cutting situation with lower subscriber participation, but more in terms of a streaming competitor to these 2. (See Top Picks.)
Amazon (AMZN-Q) or Netflix (NFLX-Q)? Doesn't own either. Prefers Disney (DIS-N) as their pending purchase of 21st-Century Fox is going to remove the shackles and people are going to stop thinking of it as a cord cutting situation with lower subscriber participation, but more in terms of a streaming competitor to these 2. (See Top Picks.)
Amazon (AMZN-Q) or Netflix (NFLX-Q)? Doesn't own either. Prefers Disney (DIS-N) as their pending purchase of 21st-Century Fox is going to remove the shackles and people are going to stop thinking of it as a cord cutting situation with lower subscriber participation, but more in terms of a streaming competitor to these 2. (See Top Picks.)
