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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Bruce Murray commented about whether BCC, CCI, PFE, TPR, ATZ.TO, LNR.TO, MS, ISRG, BB.TO, RIO, AAPL, HSE.TO, BSX, FDX, VET.TO, TD.TO, T, INTC, QCOM, BDX, META, DR.TO are stocks to buy or sell.

COMMENT
Are we in a stock market bubble? We're in the verge of a new cycle, creating by the virus starting with a brutal sell-off. We;ll see cyclicals, that have been depressed in recent years to move up substantially. There's still a massive technology shift in working from home. He expects the market to move up, a gently upward trend in the next few years. Older people around the world reduce spending and save money. He doesn't see much inflation and expects interest rates to stay low. This is why stock prices are high.
BUY
It's a real estate play on medical facilities in the US. It was overleveraged a few years ago, then COVID declined their business, which are non-essential surgeries. But they're still profitable and paying dividends. He sees upside.
BUY
One of his biggest holdings and he sees more upside. When business recovers, this will be a big beneficiary. The threat of anti-trust action by Washington is real, however, it's politically easy to target big tech companies making money. Likely, Washington will fine these companies that they can easily pay and the politicians will target something else.
BUY
One of the better US healthcare companies, making needles and test tubes. BDX has done very well in recent years though flat during COVID, so he expects a catch-up. No reason to be afraid of this. It's a solid stock that will grow 3-5% annually.
BUY

Qualcomm vs. Intel They hold the patent on the entire cell phone system. They have settled suits with China and Apple and are getting big payments. The stock has moved up nicely. 5G will be a boon for them globally. QCOM will continue to rise. Intel used to be the big leader in microchips until peers have overtaken them. But Intel will catch up, and the stock is now cheaply valued and pays a decent dividend. QCOM is for growth and Intel is a turnaround story. You can buy both.

BUY

Qualcomm vs. Intel QCOM holds the patent on the entire cell phone system. They have settled suits with China and Apple and are getting big payments. The stock has moved up nicely. 5G will be a boon for them globally. QCOM will continue to rise. Intel used to be the big leader in microchips until peers have overtaken them. But Intel will catch up, and the stock is now cheaply valued and pays a decent dividend. QCOM is for growth and Intel is a turnaround story. You can buy both.

HOLD
Pays a 6% dividend, but carries a massive debt and have a massive spend to upgrade to 5G. The divvy won't increase and they must pay down debt, but this is a solid hold.
COMMENT

BNS and TD have performed the best during his career. TD is well-managed and it expanded to the US at a good time, but loan opportunities in the US are not good. BNS has invested heavily in Latin America, and moving into digital banking with Tangerine. Latin American can offer upside, but is also risky. The overall bank industry faces concerns over loan losses during COVID--we'll see what happens. Markets will tend to fear over these losses, which he feels is overdone. This week, we'll see the data.

COMMENT
One of the better managed oil companies in western Canada and did well expanding to France and Ireland. They've paid a handsome dividend for years. He's confident VET will restore that dividend and the stock will come back. Oil prices won't rise until a place like India demands more to build their economy.
PARTIAL BUY
In 2018, it sold off from $250 from operational issues and other factors. It sold off at the start of the pandemic, but recovered nicely due to home delivery. It's now pricey at 25x PE, but can still get some growth here.
BUY
BSX vs. CCI One of his biggest holdings and fully believes in it. They suffered because their medical devices are non-essential, but they will recover nicely in time. Crown Castle is very different, a real estate play for cell phone towers, which will see strong growth, but the PE is very high given this expected growth. There's little risk though. You can buy both stocks.
DON'T BUY
They got out of upstream operations and has struggled since then. He's not bullish about energy, and HSE will struggle. But HSE will rise nicely when oil prices rise. Not his favourite oil stock or sector.
COMMENT
Enter now or wait for the stock split? It's the market darling now. The current excitement is 5G, if every Apple user (wealthier than usual) moves to 5G. The current stock price is justified, but how long will Apple remain the cachet product?
BUY
An Aussie play on Chinese demand for coal and steel, since RIO supplies iron ore. The Chinese industry is at capacity now, though. India's steel industry is booming now at a busy stage of industrialization, so RIO can benefit from this.
DON'T BUY
He was a major shareholder many years ago. He's looked at the stock since then. They make cybersecurity, but there's so much competition here which limits their profits. He'd like to see a reason to invest in BB, but is still waiting.

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