PARTIAL SELL
A mature tech company. He is concerned about the valuation. Great company did a turn to the cloud. It had a very good run.
DON'T BUY
Their story is not going away. The concept is very good. But the valuation is too high. With a P/E of 49 the valuation has to compress.
PAST TOP PICK
(A Top Pick Oct 13/17, Down 15%) The franchise is still good. The fact that they have operations in Europe and Asia affected them from a fund flow perspective. This is a solid bank.
PAST TOP PICK
(A Top Pick Oct 13/17, Up 29%) Indian outsourcing company. $ 50 billion market cap. They benefit from the developed world IT outsourcing. Similar work that IBM is doing.
PAST TOP PICK
(A Top Pick Oct 13/17, Down 4%) More cash than debt. Pays a spacial dividend from time to time. One of the largest elevator companies in the world. Great balance sheet. They could be buying the german Thiessen Group Elevator business. That could be a catalyst for upside. Great long term hold.
DON'T BUY
Very cyclical. Alpha vehicle in that terms. He would be very careful at the moment with the entire semiconductor space. (Analysts’ price target is $287.44)
BUY ON WEAKNESS
Is it a good idea to get tech companies from Canada and between Open Text (OTEX-T) vs CGI Group Inc. (GIB.A-T), which one you prefer? if you long term track record of Open Text is a great story. CGI is also a great story. He prefers open Text for the dividend.
BUY
A conglomerate. A low beta stock. Hotels, shoppings and supermarkets and other assets. They just sold an insurance company. Great company for a long term hold. Controlled by a family. Stable.
DON'T BUY
Relatively small insurance company. Earnings haven`t been that great.
BUY
Does have an elevated dividend. It sufferers from a couple of issues. Because of its UK operations, every time there is Brexit noise the stock suffers. Some concerns about their balance sheet. At this levels it is a good opportunity from a risk adjusted perspective even if not performing at the moment.
BUY
Bought it around the 50 dollar range. The issue with the European oil is that they reduced their capex strengthening their balance sheets. Moving forward they will have strong cash flows.
BUY
Biggest growth is on diabetes. Market leader. The numbers were a little soft on the last report. Structural growth story. (Analysts’ price target is $45.85)
BUY
There has been a sector rotation out of tobacco and staples into the high high-growth type stories. Good entry point.
TOP PICK
It owns Husky, Reliance Home Heating. A global infrastructure acquirer. Own assets in Europe and Australia. Very well run company. (Analysts’ price target is $74.22)
TOP PICK
The Euro play story. They have a new CEO. Dairy is traditionally a local business. It is on sale from a Canadian investor perspective. (Analysts’ price target is $75.44)