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Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Norman Levine and James Hodgins commented about whether PLTH.CN, MAG.TO, CPHR, LXE.V, TF.TO, HNL.TO, ALS.TO, S.TO, FTS.TO, ADW.A.TO, DML.TO, KEY.TO, SCR.TO, IFOS.V, GE, TOY.TO, WFG.TO, RNX.TO, EXE.TO, MAXR.TO, CSW.A.TO, UNS.TO, NTR.TO, AFG, CGX.TO, BCE.TO, BBT, ENB.TO, ATRL.TO, RF, RY.TO, GOOS.TO, GRC, V, JNJ, OTEX.TO are stocks to buy or sell.
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TOP PICK
It is a specialty insurance company. Hardly anyone follows it. A family owns a quarter of it and runs it. They make money on their policies as well as their investments. They raise their dividend every year. They paid a special dividend in December, which they do most years. It is a great buy and hold. (Analysts’ price target is $113.33)
Norman LevineOwned
insurance
TOP PICK
It is the premier agriculture commodity stock in the world. He likes it because the outlook for potash prices is good. They had a poor fall planting in the Midwest in south and the stock came off but he sees a good spring planting so it will be a good time to buy. (Analysts’ price target is $84.20)
Norman LevineOwned
agriculture
TOP PICK
Previous management lied to shareholders about how well they were doing and was thrown out. The September quarter was a good quarter. They are in the businesses of Canadian aftermarket auto parts, US paint finishing and UK aftermarket auto parts. He thinks they will sell their US paint finishing business. (Analysts’ price target is $25.83)
Norman LevineOwned
wholesale distributors
COMMENT
He's looking at the credit markets. Credit has been weaker than equities all year and has accelerating this week. Until those issues are solved by the US Fed slowing QT, but rather re-adopting QE. This is likely the end of the bull market. The catalyst was the central bank stopping QE. Overall, this has and will reduce M&A with companies becoming less attractive to private equity. Corporate buybacks will slow down, too, and will also stop fuelling the bull market.
BUY
Loves it. Defensive in a down market and recession-proof. Alcohol is a high-cash flow generating business. There's a potential for privatization and for getting into cannabis. CSW has great expertise in getting shelf space in the LCBO, which could benefit the latter
James HodginsOwned
breweriesbeverages
WATCH
7.7% dividend yield. He owns a small position. It's worth looking at. Their balance sheet is fine. A stable business. They did a great job exiting their US business and distributing capital to shareholders. Worth looking at it, definitely.
James HodginsOwned
other services
PAST TOP PICK
(A Top Pick May 15/18, Down 61%) A small-cap. They did some interesting deals that he liked, including a big phosphate mine off Agrium before their merger--the stock did well for a while. But their Brazil plant ran into trouble. If it is fixed, then it'll be fine.. It's a small-cap with a good balance sheet, really oversold with decent growth prospects. He expects a rebound in January.
James HodginsOwned
Other Agricultural Products
PAST TOP PICK
(A Top Pick May 15/18, Down 25%) It's been up-down and done well this. The recent upside is about the online gaming space in the U.S. getting the green light. They will launch their own mobile gaming app--keep an eye on thhis. He likes management which owns a lot of stock--a good sign. He's long this stock.
James HodginsOwned
Unknown
PAST TOP PICK
(A Top Pick May 15/18, Down 54%) He's still long this. It's a top pick tonight, so he'll discuss it then.
James HodginsOwned
oilgas
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