Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Eric Nuttall and Stockchase Insights commented about whether T.TO, MRS.V, KL.TO, CJ.TO, TVE.TO, PXT.TO, CPG.TO, SU.TO, HWX.TO, OVV.TO, CVE.TO, NVA.TO, MEG.TO, WCP.TO, ATH.TO, ARX.TO, TXP.TO, ERF.TO are stocks to buy or sell.

TOP PICK
A clearwater play. Trading at 2.5x cashflow. Once they pay down debt from acquisitions, you could see them buy back stocks. Really mis-priced right now. A great opportunity to get access to the most profitable play in Canada. New leg of growth and balance sheet is strong. MnA is possible. (Analysts’ price target is $3.06)
TOP PICK
Had a convertible note that was converted to stocks so bought it. 7% stake in the company. 2.3x cashflow at $60 oil. Trading at 34% free cashflow yield. Not the most exciting asset, but generates a lot of free cash. They could reinstate their dividend. (Analysts’ price target is $2.65)
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The sector has been weak and the company is very cheap. The balance sheet is very strong and production is set to increase. There is a lot of flexibility for the company if it decides to make acquisitions. Unlock Premium - Try 5i Free

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has shown good top-line growth. They have now reached positive operating cash flow this quarter. A new potential order would bring up their current purchase orders of $112M to $435M. Not without risk, debt is not bad. Insiders remained committed at 11% and have been net buyers. Tread cautiously due risks. Unlock Premium - Try 5i Free

HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company announced a large share sale and this is probably why the share has dropped. Shares are below offer price which should be temporary. A reasonable response to a large deal. Unlock Premium - Try 5i Free

COMMENT

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Sector diversification is more important than worrying about the tech sell-off. Tech names will recover with time. It makes sense to add to cyclical and materials. Consumer cyclicals should see more strength than materials. Unlock Premium - Try 5i Free

COMMENT
An accelerated vaccine schedule (Moderna will pump millions of shots into the system next week), will raise all boats in the economy from drug stocks to housing. After days of selling, today saw a ton of buying across the board. It's all about vaccines to drive the reopening.
COMMENT
It went through the meat-grinder this week based that its human rights stance could triggers a boycott (https://www.cnn.com/2021/03/25/business/hm-nike-xinjiang-cotton-boycott-intl-hnk/index.html). Today, Nike saw an upgrade. But China is a huge market for Nike, so Nike is at risk if Beijing starts cracking down on companies criticism, even mild, against the Chinese government. It's possible that US-China relations may not improve under Biden, but we'll see.
COMMENT
He's watching the unionization drive workers in their Alabama warehouse. Workers are voting right now. Maybe that's why the stock didn't rally today.
COMMENT
It reports Tuesday. It's controversial. A big spicemaker including a huge food-service business that supplies restaurants, but of course that got hit badly during the pandemic, though its consumer business thrived during lockdowns as people cooked more. However, when society reopens there will be less cooking.
DON'T BUY

Lulu is the oppposite of, say, PVH, which sells clothes to be worn outside the home. LULU sells casual apparel for indoors, which worked during the lockdowns and nobody looks at you.

COMMENT
This supermarket is a wild card. They have an analysts meeting on Wednesday. It thrived during lockdowns as people bought more groceries and couldn't dine out. But the stock is trading as if it'll benefit from the reopening. That could be right.
BUY
It reports Thursday and he expects a blow-out report. They sell used cars. Carmakers can't make new cars because of the ongoing semiconductor shortage. So, the used car market is soaking up demand.
DON'T BUY
Doesn't like it. It's had a good run like all oil natural gas stocks. They will make okay money given current and projected oil and nat gas prices.
COMMENT

Has a great CEO, but can you fight this reopening trade? He likes TTWO for its new machines.