Today, The Panic-Proof Portfolio (Stockchase Research) and Bruce Murray commented about whether CNR-T, AC-T, CMCSA-Q, AMZN-Q, SHOP-T, CTC.A-T, BIR-T, RCL-N, INTC-Q, BB-T, LNR-T, ISRG-Q, HD-N, TRI-T, ATZ-T, WEF-T, ONEX-T, AAPL-Q, CJT-T, CP-T, ENB-T, STRA-Q, IMVT-Q, NKE-N, DPZ-N, RIDE-Q are stocks to buy or sell.
CP vs CN The CP stock split isn't an issue. He prefers CP in the short term. Late CEO Hunter Harrison turned CN around and his legacy remains as CN continues to reduce costs and do very well. Harrison didn't helm CP until later, around 2012, so CP is a bit behind. CP has good exposure shipping crude, and this business should pick up in summer as more people drive and burn gas during the reopening. He prefers CP which will deliver 10-15% returns vs. CN's 5-10% in the coming year.
He read Warren Buffett's letter; he loves this stock and last year bought a lot of it. Apple is well-positioned with a strong customer following and the company can gradually expand market share. He traded out of this a few years ago--a mistake. You can re-enter it here. He owns Facebook, Google and Amazon in this space, instead.
Brilliantly run for the last 30 years. They've made many successful investments, but the Westjet buy was untimely and slowed down Onex. But post-pandemic, airline travel will really pick up. So, it's now cheap in PE, though the dividend is only 0.5%. Onex hands so much stuff, so you don't know what business will work or bite them. Overall, this is fine.