Daily Stock Opinions and Ratings

Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Greg Newman commented about whether IBM-N, BEP.UN-T, ARE-T, IFC-T, BPY.UN-T, QSR-T, BIP.UN-T, AQN-T, UBER-N, ENB-T, AMZN-Q, CHE.UN-T, XGD-T, CM-T, MFC-T, CGX-T, WMT-N, SIA-T, CSH.UN-T are stocks to buy or sell.

Page 3/4

COMMENT

For an RRSP? The bad news is that he expects only 3% EPS growth (vs. 6% for this space). Yes, it's cheap vs. its peers and pays a solid dividend. But CM remains tethered to Canadian real estate, a headwind. The banks will be market performers; he prefers TD or RY or BMO. CM is okay long-term.

COMMENT

Gold does well when interest rates go down, which has been happening. Gold has been out of favour since 2012. He expects now, though, to be another head-fake. Gold is basing and it will have its day...soon. But not now. It's a false rally.

COMMENT

Protection strategies if the market plunges 20% The average bear market has a 42% drawdown. If you're not prepared for this, then have an asset allocation. First thing is, how much of a drawdown can you stomach? Next, diversify into bonds and stocks. Also, have covered call strategies. Point is, be ready, and have a strong hand when others are weak. Buy when others struggle.

DON'T BUY

The dividend is not safe, though it will be maintained. They've had litigation charges and small-caps overall have done poorly in Canada. They also have a lot of leverage. This stock has been hammered till its cheaper than its three-year average. He sees a 13% growth rate. Their payout ratio is 125%, but will be 69% in 2020. If managers are correct about its predictions, you can hold this, but if not, this is risky.

BUY

Q1 revenue was up 19% year over year, and he models 35% EPS growth. It's multiple is high now at 47x, but but will 26x in 2021. In the next 2-3 years, this continues to go well. Buy this when others fear it.

DON'T BUY

It'll struggle in the next few years. He's been a fan of this in the past. Their growth is tethered to line 3, which suffers one problem after another. True, you'll get paid the nice, safe dividend, but don't put new money here. Pembina is better.

WEAK BUY

They won't make money for a few years, so this is a speculative name, a tough one. They also have Uber Eats, not just rides, which is smart. Don't expect fireworks for a while. You should be good holding this for a few years as a long-term buy.

TOP PICK

A recession-resilient business that's growing well. It's cheaper than its peers and pays a growing dividend. They have a number or pojects driving growth, which he forecasts at 11% and 10% annual dividend growth, at 16.3x earnings (cheaper than Fortis and Emera). Has a steady payout ratio, so the dividend is safe. The dividend will pay you well in a recession. This is a long-term play on clean energy. (Analysts’ price target is $17.08)

TOP PICK

Recession-proof. It's priced fairly and pays a growing dividend. Various projects on four continents drive growth. He sees 15% EPS growth. It's not cheap at 13x, but the dividend will continue to grow. Buy on pullbacks. (Analysts’ price target is $60.65)

TOP PICK

Recession-proof. People will always buy their fast food. They have an ambition plan to grow from 26,000 stores to 40,000 over 8-10 years. It's a capital-lite model, so this allows free cash flow. Terrific managers turning around Popeye's, Burger King and likely Horton's. Pays you 3% to wait, though it's a little pricey at 22x. Buy on a pullback. They've added new products. The last few quarters should promise. (Analysts’ price target is $97.03)

PAST TOP PICK

(A Top Pick Jun 21/18, Up 5%) Their payout ratio is still a high 117%, but there's still decent growth that should improve after they sell some assets. The last few quarters show promise in mall re-positioning. It's still a cheap name at 16.5x earnings vs. other REITs.

PAST TOP PICK

(A Top Pick Jun 21/18, Up 33%) Weather made their Q1 soft, but pricing is a tailwind across all business lines. He sees 14% EPS growth, and still trades around 15x. Lots os upside organically and by acquisition in a fragmented space.

PAST TOP PICK

(A Top Pick Jun 21/18, Up 29%) They beat their Q1 with construction revenue up 36%, with an improving balance sheet which helps them bid for new contracts. They have a backlog of $7 billion in projects. They can bid selectively for higher-margin business. Lots of room for growth. It's cheap vs. its peers. Buy on a pullback.

COMMENT

Should I let dividend stocks ride the ups and downs of a market, or use a stop order? It depends on you. Storm clouds are gathering now. We will hit a recession at some point, though he expects the current rally to continue for a while. A downtown could amount to 20-30%, but remember that those stocks will rise back up the following year or so. If you maintain good positions and they pay good dividends (i.e. AQN-T), then there's nothing wrong with that. He prefers to hold, most of the time. But some may want to sell a bit off.

COMMENT

If a stock keeps falling, at what point do you stop averaging down? Depends. Some stocks are very whippy. Long-term, he likes NVDA-Q which has sold off half, but it doesn't mean there's anything wrong with the stock long term. Others though, there is indeed something wrong.

Most Recent Experts

Bill Harris, CFA

Avenue Investment Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Bruce Campbell (2)

Stone Castle Investment Management Inc.

Stockchase Insights

5i Research

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Latest Stock Buy or Sell? Make More Informed Decisions!

Canadian Imperial Bank of Commerce(CM-T)

iShares S&P/TSX Global Gold Index ETF(XGD-T)

Protection strategies if the market plunges 20%(A Commentary)

Chemtrade Logistics Income Fund(CHE.UN-T)

Amazon.com, Inc.(AMZN-Q)

Enbridge(ENB-T)

Uber(UBER-N)

Algonquin Power & Utilities Corp(AQN-T)

Brookfield Infrastructure Partners(BIP.UN-T)

Restaurant Brands International(QSR-T)

Brookfield Property Partners(BPY.UN-T)

Intact Financial(IFC-T)

Aecon Group Inc(ARE-T)

Should I let dividend stocks ride the ups and downs of a market, or use a stop order?(A Commentary)

If a stock keeps falling, at what point do you stop averaging down?(A Commentary)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bill Harris, CFA

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Bruce Campbell (2)

Stockchase Insights