Latest Stock Buy or Sell? Make More Informed Decisions!

Market. These next two months can be tough on the market historically. He thinks the market will continue to consolidate with an upward bias into the fall. The S&P500 has gone basically sideways for most of the year. There has actually been a net cash outflow out of the market for most of the year, yet the market has stayed flat – he thinks this is a bullish sign for the future. If it doesn’t want to go down, it probably will go up. The longer the consolidation the more aggressive the upside will become.

CP-T or CN-T? They are both good to hold as the economy is improving. CP-T is the resource based railway. CN-T may be hurt more by current NAFTA talks, due to its focus on automotive shipments.

CP-T or CN-T? – They are both good to hold as the economy is improving. CP-T is the resource based railway. CN-T may be hurt more by current NAFTA talks, due to its focus on automotive shipments.

They are not in this space due to changing demographics – he watches cable, but not his kids. This whole sector will face increasing competitive pressure from the likes of Amazon Prime and online streaming.

This is basically owned by the Weston family, who has a long time horizon. In the longer term the stock will do okay. It is a well operated company, but does not have the growth profile they look for to invest in.

It is a buy and he currently owns it. It has a tough year, but will be able to grow at over 10% per year. They are testing electric opportunities in Europe – a forward thinking company.

In the short term, it will be difficult to see grow. He would prefer to hold Pembina, with a little smaller profile. Investors will be attracted to this space for the income.

Difficult to know in the short term if this is the place to enter. It has some very positive attributes – good cash flow and good land holdings. They have decided to lay off 17% of their staff to reduce costs to survive. When it is down and out, it is not the time to sell – maybe time to buy.

This is a sector they are not attracted to presently. There is slow growth in the sector and they hold a fairly high level of debt. In a rising interest rate environment it could create headwinds.

This is one of the banks he owns in the portfolio. There is nothing wrong with the company. They have increased the dividend recently. They are investing $3 billion on new technology to lead to cost savings down the road. He would be a buyer here.

He owns other European banks instead. It has 25% of the business in Spain. With interest rates low, it could be poised for a good future once the yield curve normalizes.

Suncor has dealt with two difficult years in the patch. They have a strong balance sheet. We need money to flow back into the energy sector to get things moving. As the biggest in the sector they will benefit first. If you think oil is going to $50, then this is not a buy.

Along with Suncor, these are the two big boys on the block for the energy sector in Canada. CNQ-T has done some great acquisitions and have managed their balance sheet smartly. Once capital flows back into the sector, this will be an excellent holding.

He owns Amazon only in the retail space, due to the growth prospects. This is not a sector he feels any urgency to be in.

They are big into mortgages. They have balanced their business and sees no hesitation in owing it. He owns other Canadian banks that have a better growth outlook.