Today, Larry Berman CFA, CMT, CTA and David Driscoll commented about whether NVO-N, EXPO-Q, CCL.B-T, AXL-N, LIN-N, SYK-N, BCE-T, BAM.A-T, STE-N, ADI-Q, ATRI-Q, NSRGY-OTC, CP-T, LNN-N, SNY-N, VOW-GR, ASML-Q, ZEB-T, ZWB-T, ZWU-T, ZWU-T, ZWE-T, ZPAY-T, ZPH-T are stocks to buy or sell.
Likes Europe better. When not investing in Canada, you don't get the dividend tax credit. In a taxable account, would focus on ZWU since it has favourable tax treatment. In a registered account, he has been allocating to international companies since dividend is better.
The profitability of banks is net interest margins. The steepening of the yield curve has led to banks being more profitable. A flattening yield curve is a headwind. We are not there yet. When the yield curve starts to flatten. ZEB is good to capture upside, and ZWB for when it will go sideways to down.
The profitability of banks is net interest margins. The steepening of the yield curve has led to banks being more profitable. A flattening yield curve is a headwind. We are not there yet. When the yield curve starts to flatten. ZEB is good to capture upside, and ZWB for when it will go sideways to down.
They are able to get better prices and deal with huge demand, but the problem is that they trade at about 50 times earnings. They generate terrific margins. He would probably step into this stock with half a position if he wanted to get in, given where markets are right now. It is a better holding that Intel.