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Today, David Fingold and David Driscoll commented about whether TIP, BAM.A.TO, CB, CVS, BBD.B.TO, TD.TO, BAC, AQN.TO, BHC.TO, BCE.TO, META, TRP.TO, ING, LNN, STE, AOS, FMX, VZ, ABBV, LFUS, GOOG, NVO, DB, AMZN, 7741.T, PGR, ESLT, UNH, GM, NSRGY, KR, KEYS, MS, DWDP, FXI, STRS-TASE, ZTS, STMN-SWX, MSFT, LYG, COST, HSBC, LLY, CGNX, NOK are stocks to buy or sell.
A serial dividend grower? Traditional grocery stores are threatened by Amazon and hard discounters (in the U.S.). The latter dominate Europe and are a rising threat in North America. He prefers Costco who have the lowest prices anywhere; they also have the best demographics of anyone selling groceries, the wealthy, which makes Costco very defensive/safe.
ING vs. HSBC Neither. He won't touch any European bank given negative interest rates. Period. HSBC does a lot of international lending and international flows aren't well-received by regulators; and they lend to the Far East. HSBC isn't a leader in many categories. ING, at least, leads in online banking in Europe, but they have loaned heavily to energy.