TOP PICK
Industrial real estate play. An e-commerce play. It is the second largest REIT in the world and the top industrial REIT. (Analysts’ price target is $112.24)
PAST TOP PICK
(A Top Pick Aug 07/20, Up 9%) Still sticking with it, and will be his top pick today too.
PAST TOP PICK
(A Top Pick Aug 07/20, Up 6%) Continues to like it. An all-weather stock. Nothing has stopped their trajectory so regardless of the risks in the market, they have done well. They take very low margins which is great for consumers who can buy at rock-bottom prices. There is also less labour because it is a warehouse style store. A great business model.
PAST TOP PICK
(A Top Pick Aug 07/20, Down 1%) Machines for manufacturing microchips. To put more tech in smaller space, you need better manufacturing machines. They have no competition in their space. Everyone at the forefront of technology must buy their machines. They effectively have a monopoly position.
COMMENT
Markets were so bad today that they ignored great earnings from Facebook, Apple and other tech giants. Why didn't numbers matter? The answer: the pending election. Of that, he expects massive confusion, unless results are a blow-out. We may not know the winner for days, given the mail-in ballots. However, he expects a stimulus package after the vote from either side. Buy some shares of stocks on Monday when the market revisits today's lows, wait on Tuesday's election day, buy more if Biden wins and Trump doesn't concede (this will be ugly), then wait till Friday's unemployment numbers to be a third tranche.
PARTIAL BUY
Amazon reported good numbers, but still got crushed. Why? Sentiment over the entire market, given Covid cases and the upcoming US election. Pick up some shares now and wait till after the election.
BUY
The CEO has built a huge business in China. Everyone is shorting and selling this, but EL's skin care business is booming, because masks need users to apply moisturizers on their faces.
BUY
This chipmaker is a premier 5G company. However, wait for earnings on Monday. He expects a blow-out quarter.
BUY
They report Wednesday and he predicts a stellar report. A top-tier 5G play.
PARTIAL BUY
He predicts a strong holiday season for videogames, and TTI is his favourite way to play videogames (so to speak). They own the best-selling Grand Theft Auto. They report next week. If the stock pulls back in weak numbers, maybe buy some Thursday, then more on Friday.
BUY
A brick-and-mortar play that's transitioned well to the web. They sell quality products.
BUY
A cloud company that helps call centres transition into a work-from-home model. He's long liked this, but Covid has accelerated their business. It reported a big beat yesterday and offered bullish guidance. Reported 27 cents EPS vs. 18 cents estimate. FIVN has tripled from its March lows and jumped 6% today when everything else sold.
DON'T BUY
It's trying to make a comeback, but he'd rather buy a best-of-breed FAANG.
DON'T BUY
It operates physical casinos which are not good during Covid and with another wave hitting. Though, this is a wonderful company.
DON'T BUY
It yields 4%. It's an internet of things best suited for next year than this. This is a story for 2021. Trades at 11x earnings. Also, it had a bad quarter and sold off.