DON'T BUY
It has the market locked up. Software as a service. He can't pay the multiple, however.
BUY
It's the only airline he owns. But the market is not yet ready to reward airlines with higher valuations. People are worried about recession and a slowdown in travel. He disagrees and thinks we are on the cusp of an improvement.
BUY
BAM.A-T is one of his largest holdings. He can't own them all. BPY.UN-T believes they are undervalued by at least 50%. Maybe they will change to a corp. It's not too late to own it if you want to own real estate.
BUY
8 to 10% dividend growth to 2021 and 5-7% thereafter. This is a regulated utility and has the ability to increase prices. You can buy it for a defensive portfolio.
BUY ON WEAKNESS
You might want to wait for a cooling of the market in order to buy it. He has owned it for a long time. They are in the right businesses. You are getting many years of double digit growth. The earnings growth will make it look cheap.
TOP PICK
If you want to issue a bond and issue it to institutional investors, there are only two companies you can use. Companies are going to take advantage of low interest rates and will issue bonds. There are a large amount of bonds maturing in the next 5 years and they have to be re-issued. (Analysts’ price target is $225.62)
TOP PICK
A baby BRK-N. This is an insurance company and a terrific investor that allocates the capital. They buy private businesses. Now they are getting into insurance investment vehicles. There is so much money around the world and nowhere to put the it. (Analysts’ price target is $1121.40)
TOP PICK
A residential property manager. They first bought a restoration company. They are great acquirers of companies that can stand the test of time. (Analysts’ price target is $131.91)
COMMENT
He's bullish the TSX with the financials leading. This will go much higher. Oil is stable now. Buy Home Depot after today's sharp sell-off; he likes this overreaction. As long as interest rates stay low, the markets will remain the place to be; buy on weakness, he stresses. Buy hiccups.
BUY
It's built a base, which is good, because it's heading up into the mid-$20's.
BUY
It's the perfect chart with the right people running it. He could buy this stock anytime. This applies to both the A and B stocks.
BUY
It's a head and shoulders chart. It has rallied after a big drop. After sitting around 7.90, this should move up higher.
BUY
A strong upward chart since at least 2011. Straight up. Don't sell unless you are a trader. Add or hold.
PARTIAL SELL
A spectacular chart, straight up. You can take some profits, but don't sell it all. Take half off the table.
PARTIAL SELL
It peaked in 2014 and has fallen way off. Doesn't see a catalyst to move it higher and, no, he doesn't buy a stock on the way down. He would lighten up this position.