Latest Stock Buy or Sell? Make More Informed Decisions!

RSI measures how quickly a stock has moved. A low (oversold) RSI is not in itself a buy signal. A stock can remain oversold or overbought for a long while. Around $42 is a reasonable price target. LB was hit by questionable mortgages that they had to buy back. Wait until the overhead supply has been digested and a base forms.

3M is very exposed internationally. Sell it. Trade tensions will make investors doubtful. Their chart has suffered. Sellers are selling more urgently than the buyers.

Technical analysis: The buyers are still buying despite the stock hitting a top, while sellers are waiting for higher prices to sell. The buyers have more conviction than the sellers.

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

We're in the early innings of automation. ATA supplies this to and consults the energy, healthcare, industrial and maufacturing industries. ATA is in the thick of it. Stricter regulations in these industries demands precision that's found in automation. ATA has fine management. They've been on a buying spree. Their chart is very bullish and the stock price will continue to rise. Despite the recent spike, he'd still buy it. (Analysts' price target: $22.40)

Has a low multiple, 6.7x, compared to the market. E-cars and NAFTA are two worries, but MRE has 41% of its production facilities are in the U.S. and sells 35-40% of its production to America. MRE has little NAFTA exposure. (Analysts' price target: $20.50)

An asset manager in real estate, selling land to home builders. They also offer single-family rentals. They are strong in the U.S. sunbelt, and just made a good acquisition. Strong demographics. (Analysts' price target: $12.95)

Market. The fundamentals underlying the economy are in good shape now and he expects this to continue into next year. The tech space, as seen in NASDAQ, is in record territory but looks to go higher. The fundamentals look great. The companies are growing well, the profits and balance sheets are there. This is an area that all companies will need going forward, so this will be a continuing theme. The TSX reflects a tougher situation. It is based on energy, financials and mining. The energy space has come up, then down a bit, but the overall record has been positive. The financials make up the bulk of the index. The results are very good but there is an overhang from consumer debt levels and house prices. It is tough for the index to move when the banks are not moving. Much of the excellent recent profits of the Canadian banks are based on mortgage loans, and with the new regulations, this growth might not continue as quickly as it has in the past. He prefers to invest in banks outside of Canada at this time.

The company has come through the investigations into bribery and there is increasing spending on infrastructure global. This is a global company that will benefit from that trend over the long term. He doesn’t own the stock but he can see a case for buying it.

This is a wonderful company. From a long-term point of view, he recommends it. More shopping is moving to the internet. Shopify enables smaller merchants to get on the net and the revenue stream continues from them for a long time. However, the stock trades at lofty valuation which is causing volatility, as is a vocal short-seller. There was a recent jump in the price of the stock and there will be more in the future.

All the utility stocks have had a rough go this year. They dropped because of an expectation that interest rates would rise quickly. The stock has not bounced back even though interest rates have not risen as quickly as expected. He likes Fortis’ track record, their record of dividend increases and the strength of their management. A company like this will not double overnight--patience is required. They were one of the first to move into the US so there might be some growth from that. Primarily, though, this is a defensive name that will outperform the market when the market goes down and will generate steady income. If rates rise faster than people currently think, its price will suffer. (Analysts’ price target is $48)

This stock’s situation is similar to Fortis: dropping over the past year because of interest rate sensitivity but a defensive stock that will continue to pay a good dividend as the market goes down. This is smaller than Fortis and more volatile. This company is small for his portfolio--he prefers larger-cap names, so he would not buy it, but someone who owns it should continue to hold it.

Enbridge now plans to buy this back, along with some other subsidiaries. He views this as positive because it simplifies the structure of Enbridge, which he owns. He has trimmed ownership of Enbridge because he is concerned that the rising dividend might not be sustainable. He wishes that Enbridge would slow the growth of its dividend because the company has a big spending pipeline and needs the money. This is another defensive company. There is risk to the economy at the end of next year and this would be a good company to hold at that future time.

This company has had its licks. Its healthcare division is its crown jewel. Its power and energy divisions are leaders in their industries but they are weak industries. He thinks it might be time to try to catch the falling knife but he recommends buying in stages, buying some now and perhaps again in 6 months.. A complete recovery might take a long time.

(A Top Pick May 24, 2017. Up 7%). This is a great company. They recently acquired Craftsman Tools from Sears. This is a good play on both the new home market and renovations. He expects price increases in the latter half of this year which will help. The proposed tariffs on steel and aluminum have affected them, but 40% of their sales are outside the US. They have a proprietary battery that they are considering using in all of their tools, which would improve customer retention. He is buying more, expecting a stock price rise toward the end of the year.