BUY
This just broke above the 200 day average which is very positive. They have been increasing dividends and are buying back shares. The risk is what is the trajectory of the US defense spending budget. Lockheed Martin is another name that may be of interest in this sector.
PAST TOP PICK
(A Top Pick May 24/18, Down 4%) He likes this name and it is quite cheap. Has been in a side wise technical pattern for the last year. Likely due to low interest environment and slow down of global growth. He has brought down his holdings of banks. He doesn't think there will be a decent capital appreciation in banks moving forward from here.
PAST TOP PICK
(A Top Pick May 24/18, Down 20%) This is a highly cyclical name. Looking at slowing global growth and he prefers more defensive names. This is an industrial name and prefers Waste Management in this space. He expects CAT just to move sideways.
PAST TOP PICK

(A Top Pick May 24/18, Down 17%) He would like to get back into this name. Long term this looks solid. However, still have the cloudiness of the US-China trade talks. He would probably start to pick away at this name now. This is one of the largest internet companies in the world by revenue and by market cap. The advertising business should be very strong. Is an important name to own.

DON'T BUY
If you hold this, put a stop loss on this name. It has fallen below its 200 day average. It is a great product but there is a lot of competition. He doesn't know if the company can be profitable. The next support level is around $150.
BUY
He likes this long term. They took profits. He also likes Mastercard. There is a long runway for these names, Visa, Mastercard and PayPal, but prefers Visa or Mastercard. American Express is another name that can be looked at.
BUY
This is one of the premiere names you want to own long term. A huge runway for growth in China. The flare up between US and China has already been priced into the stock. He likes this name long term.
COMMENT
He has not owned this for awhile. His concern if there is a slow down in the smart phone market and concerned about the trade war between US and China. Growth rate has slowed down. Perhaps there is a possibility to trade this name since it is down, but longer term he has concerns.
COMMENT
The emerging markets are interesting and outperformed the S&P in Q4. Since Q4 it has lagged however. The economic reforms and stimulus in China should support the emerging markets, however, the US China trade tension is too much of a wild card. Should have some exposure to emerging markets. The trade war can change things very quickly.
COMMENT
He likes this name. It is the 2nd largest ecommerce company in China after Alibaba. It has a 30% long term growth rate. It recently pushed above its 200 day average in the last couple of months. He owns Alibaba instead. However, if trade war persists, could have a negative effect on this name.
COMMENT
This has hit a new 52 week high. Franchise is fantastic. They make a lot of money off their memberships. It is an expensive stock and has about a 10% growth rate. He prefers more defensive areas such as Dollar Stores. He does like Costco though
COMMENT
This has been staying above the 200 day average. He likes it but wonders when the semi conductor growth phase will end. So has stayed away from this sector.
COMMENT
It has been staying above the 200 day average. It is not an expensive tech name. Valuation is not bad.
BUY ON WEAKNESS
Has a growth rate of about 15% and low volatility. There is a lot of catalyst for this stock to continue to rise higher. Good name to own.
TOP PICK
This is the largest discount retailer in the US. Over 75% of their revenues are from recurring items. This allows for steady earnings. When there is an economic slowdown, this space usually does well. It has an 11% growth rate. This is a defensive name to own going forward. Yield = 1.05% (Analysts’ price target is $125.48)