HOLD

It was in a down trend but the worst may be over. Don't buy in the middle of a consolidation. Buy on a positive breakout. If you hold it then see what happens.

PARTIAL BUY

It is turning around. It got hammered and is showing some potential. It looks like it is breaking the downtrend. He is keeping a sharp eye on it. He is optimistic.

BUY

It is breaking out. It looks very positive after a consolidation.

TOP PICK

It is a summer play and often is. The sector broke down quite a bit. It is a trade and will get into the $55 area. It is a bit of a contrarian play. It is bouncing off the oversold level. You don't want to be involved in it for too long. It is not in an uptrend. The sector itself has its own challenges and so he will likely be in it only until October or November.

TOP PICK

It fell recently because the HBC deal is not likely to go well for them. He feels it will go back to $780. Interest rates rising would be good for their insurance companies. They have a hedge against inflation. They tend to make good calls. (Analysts’ target: $749.47).

TOP PICK

He is defensive and holding about $20%. Keep it in case the market falls.

N/A

Educational Segment. How to assess revenue and earnings outlook. The market is going put trade issues in the rear view mirror. Revenue and earnings growth are going to be spectacular this quarter. He always likes to look at revenue growth as a qualifier to earnings gains. Buy-backs boost earnings per share. About 50% of revenues come from foreign companies so US$ currency is a factor. Energy, Tech and Materials should be the top sectors for revenue growth during FY 2018 as well as Q2/18. If the markets don't make new highs over the next 2 to 3 months then the tops are in in the markets.

COMMENT

Technology is all about digitalizing business. There are 10 trends such as digital content (i.e. in gambling), A.I. and advanced analytics. He runs a fund specializing in tech stocks.

BUY

It has a solid franchise. They recently extended their runway by buying GitHub for over US$7-billion, which meshes nicely with their Cloud operations. Essentially, it extends business-to-business communication. This was a smart move.

BUY ON WEAKNESS

He remembers when it was down in the low-$20's--when he bought it--and today it's at $53. It's in the Cloud, the software side. They got into hyperconverged infrastructure that allows the hardware in the Cloud's data centres to be updated. This stock has worked our well for him. He has a price target of $68. He wouldn't buy more here, but wait until it falls to the high-$40's.

DON'T BUY

He owned it, but they disappointed in earnings. He made some money on this (then bought Twitter). So...he recommends Twitter instead. Twitter has 336 million active users after purging a large portion of fake accounts and bots. Some investors were suspicious of this, but he sees this is an opportunity. Twitter has a very long runway--he's very bullish.

STRONG BUY

Twitter has 336 million active users after purging a large portion of fake accounts and bots. Some investors were suspicious of this, but he sees this is an opportunity. Twitter has a very long runway--he's very bullish.

BUY

A core position for him. He's always held this. They're a quiet leader in this space. In the last few years, they have been warming up to the Cloud by selling chips into the Cloud. He strongly believes in Intel.

PAST TOP PICK

(Past Top Pick, June 1, 2018, Up 0.4%) It's up 35% YTD. It's in the digital twin space--avatars. They did a whole digital twin of Singapore. Fascinating. He still loves it.

PAST TOP PICK

(Past Top Pick, June 1, 2018, Down 2%) A mega-cap company in online advertising and gaming (gambling) from China. A giant company and a core holding for him.