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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Ryan Bushell commented about whether FTS.TO, CAE.TO, TRP.TO, ALA.TO, ARX.TO, EMA.TO, MFC.TO, POW.TO, CSH.UN.TO, NFI.TO, IPL.TO, TD.TO, BAM.A.TO, ENB.TO, CNQ.TO, SJR.B.TO, ARE.TO, ATRL.TO, KMI, BMO.TO are stocks to buy or sell.

COMMENT
How are you viewing today's markets? It'll be key to see if today's action is a one-day wonder and things taper off, or if the strong reaction continues through November. The markets were reacting positively to the possibility of a blue wave and unification of government to enact stimulus. This has turned around, so we'll have to see how it plays out.
COMMENT
Are you making any trades today? Absolutely not. Sitting firmly in place. Positioned for a longer-term view with the background of this pandemic. There's going to need to be a coordinated global wave of infrastructure spending, focusing on the energy grid. Putting people back to work and stimulating the economies should result in big infrastructure spending. The contested election results are just a blip in time.
DON'T BUY

Going forward, Canadian banks will face low interest rates for quite some time, as well as a struggling economy. Government won't allow mass credit losses. Banks will muddle along, you get your dividend. Not one of his favourite banks. He'd rather be in TD as his first choice.

HOLD

Going forward, Canadian banks will face low interest rates for quite some time, as well as a struggling economy. Government won't allow mass credit losses. Banks will muddle along, you get your dividend. TD is his first choice of the Canadian banks.

DON'T BUY
Dividend should be safe, as it was cut years back. Would much rather own a Canadian infrastructure player. US shale was growing great guns with funding that didn't acknowledge its risk. Production profile in Canada has been steadier.
DON'T BUY

Could make a profit, but in middle of massive reorganization. Too much risk and too little dividend. Aecon has grown backlog significantly, continues to beat on results, and yields nearly 5%. Aecon will benefit from any increase in infrastructure spending.

BUY
Aecon has grown backlog significantly, continues to beat on results, and yields nearly 5%. Aecon will benefit from any increase in infrastructure spending.
BUY
Recent results were stronger than given credit for. Pullback is a buying opportunity. Need to leverage hybrid fibre/cable network and get their fair share of internet ads. Doing well on wireless side. Value of infrastructure they're able to build at a discount will ultimately shine through.
BUY
One of only two global oil managers not to cut dividends, and so the yield is up. One of the best managed companies anywhere in any industry. Death of oil is greatly exaggerated. Will continue to be a lower cost producer. Likes it for the long term. Reasonable dividend will continue. Yield is almost 8%.
BUY ON WEAKNESS
High yield, which is a question about its viability. Business hasn't been impacted by the pandemic. Pivotal whether they can get Line 3 approved in time to stabilize the balance sheet. But with US politics, you can't count on anything. There will be a better day for the shares on the other side of this. He's adding below $40. Yield is around 8%.
WATCH

There is no alternative, it's so unique. Leader in private equity asset management space. Doesn't own, as the real estate part worries him. He does own BIP.UN and BEP.UN, as these are the least risky parts of Brookfield with the larger dividend. Watching it to see how real estate fares with the pandemic and possibly switching into BAM.A. He is still not sure since change in retail and office space behaviour is still new and we do not know how ugly it will be. 

PAST TOP PICK
(A Top Pick Nov 18/19, Down 18%) Decent job through the pandemic, conservative on credit losses. Cheap valuation, good dividend with growth. Still buying it as a good long-term hold.
PAST TOP PICK
(A Top Pick Nov 18/19, Down 40%) Hurt by pandemic fear. Business is actually performing well. Financing is in question for their plant making more durable and recylable plastics. Temporary, though large, hiccup. Opportunity to average down.
PAST TOP PICK
(A Top Pick Nov 18/19, Down 38%) Buses are in the crosshairs of the pandemic. Governments are greening their infrastructure, and NFI will benefit. A leader in electrification of buses and infrastructure. Future is bright, just on pause. You could do well 3-5 years from now.
WATCH
Shares down significantly. Long-term demographic story remains intact. But now the fear in seniors housing has risen. Costs of health protection will increase, but dividend can be maintained and grow. On sale for a reason. Will be watching carefully through the winter.

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