Today, Michael Simpson, CFA and David Driscoll commented about whether ATL-BIT, TIH-T, PAYX-Q, UL-N, IBM-N, BAM.A-T, TM-N, DSY-FP, LFUS-Q, BDX-N, NWC-T, ISC-T, CVS-N, BABA-N, GIL-T, IPL-T, IAG-T, CVS-N, LNR-T, BGI.UN-T, WBA-Q, GMED-N, FSZ-T, CPG-T, EIF-T, TCN-T, PLZ.UN-T, DR-T, AX.UN-T, NA-T, AMAT-Q, IMO-T, ENF-T, PLC-T, BPY.UN-T, SRU.UN-T, MFC-T, AD-T, OSB-T, AMAT-Q, SHOP-T, TD-T, ALA-T, DB-N, CGNX-Q are stocks to buy or sell.
It is only 10 times earnings and great value here. Concerns of Amazon entering into drug distribution appear to be fading due to the strict regulatory requirements. Once their recent acquisition is completed, they will be able to deleverage themselves. Yield 3.2%. (Analysts’ price target is $88.85 )
This is the fourth largest insurer. He thinks they have more than enough adequate capital to pass the required stress tests. It trades at 10 times earnings and has a good platform in life, health and employee insurance. Well-run company out of Quebec City. Yield 2.9%. (Analysts’ price target is $65.11 )
It has a 1.11 beta. Doesn't pay a dividend. Competing with Amazon, but Amazon can't operate in China, where Alibaba can operate in America. Just had one of its best quarters ever with 56% YOY growth. Added 27 million active consumers last year, one of its biggest rises in the past three years. But there will be volatility and they can't grow 30-40% forever. Buy half a position to mitigate risk.
It's retail in the far north. Unlike retail outside the far north, NWC has customers scattered geographically who depend on their goods. But he thinks revenue and dividend growth will be weak. You're not getting much return. He's not a fan of retail anyway. Higher costs to retail in the far north where they operate, namely transportation of goods on snowy roads.
(A Top Pick May 19/17, Up 28%) The benefit from the electrofication of so many things now, like cars. Wisely, they listen to their customers and build what they want. More computerization in cars requires more fuses. They also make LEDs and sensors. These three are active areas for growth. He's owned it since 2010. Dividend growth continues to be 12-14%. He'd buy half-positions at this point.
They have assets all over the world and look for assets out of favour. They have demonstrated the ability to grow their dividends and he would continue to hold it.