Latest Stock Buy or Sell? Make More Informed Decisions!

Market. Lots of noise out there. People are positioning for Trump. At the end of the day you have to ask, are sane and rational people going to get self-inflected wounds? There is going to be drama along the way, but he thinks in the end what is going to end the cycle is what usually ends the cycle which is interest rates or extreme valuations. None of which are really flashing now. Some areas, like the TSX, are undervalued. OPEC has engineered a false market for oil. Differentials in Canada are narrowing and if that continues there is going to be great opportunity in Canada for the oil patch.

Does it make sense to buy in a raising interest environment? Yes. They have some legacy issues. Still earnings are 19% up. Capital position came out at the higher end of the range. Growing at 10% a year and trading at 8.8 times earnings. 9% dividend growth. A name to own right here right now.

International exposure that kind of shield you from the pipelines problems in Canada. Dividend of 6%. Cash flows growing. Safe-ish 80% payout ratio. Good balance sheet. The thing that isn’t perfect is that they trade at a small premium o its peers. As long you believe in oil this is a buy.

Like this name. Management believes it is going to keep growing funds from operations 5-9%. 88% payout ratio, so dividend is safe. Good story. Kind of pricey. You can get this one on a pullback.

Recently retired would like to know options to get 5% return. In preferred share-land there are many names that can give you 5%. He likes the rate resets. Many issuers, banks, insurance companies, etc.

All the utilities have been going down since mid-last year, when are they bottoming out? Great question. Area that used to be a big part of their portfolio. They reduced it. He thinks it is close on the growy names. On the ones that don’t grow, there is still some more downside to go.

They are shrinking their product line to mostly trucks and SUV. It is kind of a risky move. The good news is if this works they will have higher margins. It is dirt cheap at 7.6 times earnings and a dividend yield of 5% with a 50% payout ratio. You can sell puts. If you get put in you get 5% dividend yield. Not a stock that can hurt you much at these levels.

Nice beautiful dividend. Continue to find ways to grow it. Payout ratio 85% is a little stretched. EPS growth is limited. Trading at 15 times. You would have better growth in other Telco’s. He wouldn’t put fresh money into it now.

(A Top Pick July 28/17 - Up 4%). Italy spoiled it. An area of the world that has underperformed for a long time. Earnings are doing well. This is not an if thesis but rather a when.

(A Top Pick July 28/17 - Up 42%.). Still like the name but it is getting pricey. He has been trimming and selling calls on it. Good story.

(A Top Pick July 28/17 - Up 26%.) Merged into Nutrien (NTR-T). Saw opportunity at that time. Modeling 25% EPS growth. Still upside on this name.

A name that you don’t want to be negative on. Keeps on going. It is trading at 15.6 times earnings. Growth of 10%. A fine name. Going to do OK.

Continues to have a strong buyback. Don’t see a lot of growth. All in, he doesn’t like it at these levels.

He would buy it at these levels. Q2 earnings were up 21%. Expenses unchanged for the last two quarters. 17.6% ROE. Strong capital position. Not a bad growth rate.

Very frustrating name that hasn’t done much in terms of capital appreciation. Model to grow their earnings at 9% over their forecast horizon. Trading at 9.3 times earnings. They own 80% of Great-West Life (GWO-T) and the rest is Mackenzie Financial and Investors Group. Steady eddy that is not going to hurt you.