Latest Stock Buy or Sell?
Today, Chris Stuchberry commented about whether RY-T, CLDR-N, FB-Q, RCI.B-T, MFI-T, AMD-Q, V-N, ATD.B-T, COST-Q, GOOS-T, BAC-N, WFC-N, HD-N, CCL.B-T, HD-N, TCEHY-OTC, DB-N, AAPL-Q, TRP-T, ING-N, SNC-T, VET-T, SU-T, GOOG-Q, CM-T, TM-N are stocks to buy or sell.
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COMMENT
Market Outlook The S&P500 run up does not worry him. The bull market was in place all last year until the latter half. The market is really going sideways in his mind. He tends to look at US stocks more frequently as Canada lacks the fundamental liquidity. Strength in the US dollar may hurt Canadian holdings, because of the currency, it does help to add to the profitability of US holdings in general.
Unknown
$0.000
Unknown
BUY
The Canadian banks are a buy as long as you don't get too over weighted. If interest rates are cut in the US, it will be tough for financials as whole. The 10 year bond yield has dropped a third this year, taking away a lot of profitability for the banks.
banks
BUY on WEAKNESS
One of the largest companies in the world, but there is a political head wind they are facing. Longer term, he believes the ad revenues will grow and this is a world leader in the space. He would look for a pull back to enter into a new holding.
Business Services
DON'T BUY
There are so many issues facing this company presently. If you want to be in the engineering space, this could be a good value entry. He does not see, however, a clear path to growth. He would look elsewhere.
contractors
