BUY

BEI.UN-T, MI.UN-T and CAR.UN-T. REITs are an interesting universe right now. There is mortgage deferral relief, commercial rent relief. Residential is the best place to be right now. CAR.UN-T would be the best one. BEI.UN-T has a good component out west with potential risk for Alberta. People are going to need places to live and if they can't pay their mortgages then they will have to rent.

WEAK BUY
The management team is a seasoned one. They reduced their salaries. Demand is challenging. This is the reason for the decline. You will see acquisitions decline due to the company trying to keep cash. He thinks you are in good shape here.
WEAK BUY

Its relationship with Amazon is really quite good. He is concerned with the valuation, however. There is always the question of whether AMZN-Q goes out and does it themselves. There is the risk of re-negotiation. They are benefiting from these troubled times, however.

TOP PICK
Spending levels are lower but the lack of keenness on physical cash will drive electronic payments that much more quickly into the future. The move to the cashless society will be accelerated by this crisis. It has a high multiple but longer term they will benefit from a more-online society. (Analysts’ price target is $199.71)
TOP PICK
They will benefit from what is going on right now. Their shift to cloud based computing should be accelerated by the crisis. (Analysts’ price target is $189.50)
TOP PICK
He thinks people will still be happy to sit at home and shop even after this crisis is over. There will also be a shift toward their cloud business. (Analysts’ price target is $2425.12)