Latest Stock Buy or Sell? Make More Informed Decisions!

This is getting whipped around like all energy stocks. They just made an accretive acquisition. The balance sheet is now very reasonable. Payout ratio is 94%. Pays a 4.1% dividend. 4.8x valuation. He likes it, but wouldn't throw a lot of money at this until the oil patch improves (the wide WCS discount vs. WTI). You can hold onto it. Oil in general won't improve until pipelines are built.

All Canadian banks are cheap now. There are concerns about Canadian debt levels effecting housing, but there are steps taken to cool that down. Valuations are very low. RY has a lot of deposits and good U.S. prescence, many levers to pull. TD, RY and BMO is how he'd rank the banks and you can buy them all now at these levels.

Contrarian investors think that beaten-up stocks like this will turn around. IBM just beat their Q3 slightly, but there's no growth. He sees -2% growth. The dividend is solid. If you have US dollars, look at BAC instead.

Worth buying GICs within a portfolio? If you can get a 4% GIC for 5 years, that's great. He can't think of a 4% GIC, but even 3.2% or 3.5% is fine. You need fixed income in your portfolio to act as a shock absorber in downturns like this.

In Q2 they showed progress in personal auto profit, and their OneBeacon acqusition. Their combined ratio beat guidance. He sees EPS growth. It's very cheap at 13x earnings. It hasn't come off as much as its peers. It's a beacon of safety, a steady Eddy. This is a late-cycle business play. (2.79% dividend yield, Analysts' price target: $112.46)

They just sold their construction business, which is a catalyst. Their contruction obscured their consulting business which will shine thought now. Got a good balance sheet so they can contine to buy. 17% EPS growth. It's trading below its peers. An infrastructure play, so even in a late cycle they can still attract capital. (1.65% dividend yield; no price target given)

Cash gives you options to buy when markets fall lower or build more cash to be a shock absorber to go into GIC's, floating rate bonds paying 6% or rate reset preferreds paying 5.5%. You need these things at the top of the cycle--and one never knows when that it. He holds 12-14% cash now. He thinks this correction is temporary, so he'll be buying beaten-up stocks.

(Past Top Pick Nov. 3, 2017, Up 1%) Still likes it, its dividend and dividend growth. Likes its defensive qualities. He sees 10% EPS growth. Telus will be fine over the next few years. Also look at BCE which has gotten a lot cheaper.

(Past Top Pick Nov. 3, 2017, Up 9%) Cheap compared to its peers. Trading at a 4-year low. Liked its dividend growth, earnings prospects and share buybacks. They sold their financial risk business. They have $9-10 billion cash to deploy to add to their segments. He's been trimming this, because there are better names out there given the downturn, but TRI is still fine.

(Past Top Pick Nov.3, 2017, Down 11%) At the time, he liked its strong global growth and expected upturn at Tim Horton's. Burger King remains strong. Popeye's has turned a corner. Tim's is showing progress. He sees 17% EPS share. Trading at 19x with a reasonable growth rate. Their Q3 was a little disappointing, but he isn't changing his estimates. This will be fine over five years. They need to do a better job with their franchisees. Menu innovation is strong, but they are growing internationally (as in China) which is what investors should pay attention to.

Housing is slowing, but the U.S. consumer remains strong. He sees 20% EPS growth. It's had a nice pullback, but is still expensive. It'll likely rally when the market does, but it's too rich for him/

They just missed their Q2. He sees -3% AFFO growth into 2019. 106% payout ratio not fully funded and has high debt. Good news is that occupancy is increasing. It's very cheap at 11.5x earnings. But there are better names that have sold down during this correction. But you'll probably be okay with this as long as the economy stays strong. 9.5% dividend.

How do you know that a dividend will be sustainble? Look at the payout ratio. Is it a percentage of EPS or free cash flow? Which matters more for the stock? Also look at the top line--what is the top line estimated with pretty good visibility to be growing at. What is the trajectory of say the payout ratio, creeping up? If so, not good. Or going up?

It's a little scary because it involves a lawsuit, which MFC considers unfounded. Anything can happen at a trial. But he feels that case law and common sense clearly support MFC. The good news it that they will clear their shorts. The lawsuit and short report have hid the fact that MFC has been showing better consistency. He see 9% share and dividend growth trading 7.2x earnings. If you own a lot of this, don't add to be safe. If you don't, yes you can buy it. He believes Manulife will clear this hurdle.

Just made a recent acqusition that's doing well. 78% payout ratio. 7% dividend is fine this year. Sees 20% EPS growth. 11x earnings, lower than 14x 4-year average. He likes it. It's held up really well when other industrials are getting killed. The one problem though is their net debt-to-EBITDA which is 3x. This is trending in the right direction.