WATCH
They just had a pretty solid quarter. They are doing some cost-cutting and achieved greater than targeted results. They are on the higher risk end of the spectrum but with these results it is looking interesting.
WATCH
Training software. Should be a high margin type of name. It is about 8 times forward sales. 35% revenue growth expected for the next few years. He does not know how big the market is. He is not there yet. Give it a couple more quarters since their IPO.
WATCH
He thinks it is braking out right about now. They had a couple of months of strong share price. The due date of the expansion of their plant being opened up is nearing. This catalyst event is getting closer. The stock price has increased because coffee prices have come down and customers are stockpiling.
TOP PICK
They finally did that large acquisition that people have been expecting. They will still have some cash after the deal. Markets will take some time to come to terms with how this company will look. He does not think this company is done with acquisitions.
TOP PICK

It is more of a defensive position with a bit more yield on it. It is like a monopoly. Their company, Trayport, which does energy trading and has some growth. There has been some consolidation in their space and they are trading at a material discount to their peers. They report earnings tonight. (Analysts’ price target is $126.86)

TOP PICK
They are high growth – 55-60% growth, but negative earnings. They are acquiring customers as well as companies. It is higher volatility, however. (Analysts’ price target is $48.33)
COMMENT
Volume in the markets today on trade optimism. Any positive news is positive for the markets.
COMMENT
Different strategy to get through the end of the year vs. kickstarting 2020? Great year so far. Underlying fundamentals look pretty good. Little bumpy till the end of the year. Next year should be positive.
COMMENT
Will liquidity work its way through the system from January 2020 onwards? The 3 Fed rate cuts will start to move liquidity through and help companies. Any incremental positive on the trade side will be a huge positive. Hopefully momentum will carry through into 2020.
COMMENT
How are the earnings so far? Estimates are too high compared to actual economic growth. Disney, however, seems to be firing on all cylinders.
HOLD
Stay with it. Everything looks good. Capital expenditures look lower. Yield combined with growth looks good.
COMMENT
Likes it. Adding at these lower levels. CEO leaving is not a huge deal. It's not a one-man show. Earnings look good. Good things to come, especially on the technology side which will lower costs and drive earnings.
COMMENT
Things are growing in China, so this is good for the company. BABA is a dominant force. It's not that he doesn't trust the numbers, but there are companies with numbers he trusts more, like Amazon. He looks to remove investment risk by removing uncertainty.
COMMENT
High opinion of the company. Will be able to work through legal troubles. One-stop shop with pharma, consumer. Good brand names that will weather the storm. Earnings powerhouse. Good dividend. Short-term bumpiness, but well managed. Yield is 2.9%.
HOLD
Selling insurance plus investments. Core business is doing well. Low interest rates are bad for them, but rates are not going lower. Don't rush out to sell. Good growth in core business. Good valuation. Growth in Asia.