(Past Top Pick on June 20, 2017 Up 44%) They're in the sweet spot of Cloud-based computing and subscription-based software. MSFT thinks the Cloud will continue to grow 10x over the coming years. Revenues are accelerating along with their margins. The Cloud is here to stay. A great opportunity here. He would buy this stock right here, right now. A strong buy.
A top 10 position for him. CNQ has been a big investor in the oil sands. They've made smart acquitions. Also, oil prices have been rising. CNQ will generate a ton of cash going foward, so the dividend will rise. One of the few Canadian oil companies trading at multi-year highs. This can be a core position. He does worry about the take-away issue (lack of pipelines) and the politics around it, but CNQ is is a great long-term stock. (Analysts' price target: $54.96)
Transports have perked up recently. There's been a lot of stuff to move in a strong economy. Truckloads are full. Oil prices rise which tip things in favour of the rails. UNP has a great network in the U.S. with 8,500 trains. This is a play on a still-strengthening U.S. economy. They are efficient with cost vs. revenues declining. (Analysts' price target: $147.12)
Has branches primarily in Texas (rising oil prices) and California, two strong geographic regions. Regional banks are sensitive to rising interest rates. Loan origination is accelerating in the U.S. Expect dividend growth and return of capital to shareholders. Deregulation will help, too. (Analysts' price target: $103.04)
(Past Top Pick on August 8, 2017, Down 3%) Sold his holdings last Decemver as interest rates rose which pressured housing stocks. So far in 2018, home builders and their suppliers are having a tough time. Things will improve though. OC is a great company, though, in insulation and roofing products.