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Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Editor and Stockchase Discover commented about whether WCN.TO, CP.TO, CNR.TO, BAM.A.TO, BPY.UN.TO are stocks to buy or sell.

SELL
Allan Tong’s Discover Picks BPY.UN is anchored by diverse holdings across sectors, including industrial, retail and commercial properties, and across countries. Of course, we all know what happened next to the world, which wiped out the retail and office property markets. BYP.UN shares have slid around 7.5% since that call, but the 7% dividend has offset that loss. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.
BUY

Allan Tong’s Discover Picks Run by smart managers, BAM.A buys alternative assets cheaply in infrastructure, private equity, credit and green energy. A rise in interest rates will hurt BAM.A because it uses a lot of debt, but its assets should appreciate accordingly and offset those declines. BAM.A isn't for income investors, since it pays only a 1% dividend yield, and it isn't a high-flying tech giant like Shopify that you can trade quickly, but BAM.A is virtually guaranteed to keep rising through thick and thin. It's emerged from the pandemic a winner, like a racehorse that's bolted out of the gate since Canada has begun reopening. In the past 12 months, BAM.A has jumped 45%. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.

BUY ON WEAKNESS
Allan Tong’s Discover Picks The likely winner is CN, since KSU named CN's proposal “superior” in mid-May. Two years ago, I gave both stocks the nod, but gave CN the edge because of its north-south network and adding KSU's lines will only strengthen this artery. CN peaked April 11 at $148.67, which marks a 20% increase since my original call. Shares have since slid, so the gain today is only 9.1% (pre-dividend). Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.
BUY
Allan Tong’s Discover Picks CP boasts steady revenues and a slightly lower PE than CN at 24.34x vs. 26.47x. Also, CP's stock has risen while CN's has slid since KSU signalled it's preference for CN bid. In fact, CP has leapt 52% since my original call (excluding the current 0.8% dividend). Year to date, CP has climbed over 9% while CP has underperformed at -7.4%. CN has won the war long-term, but CP has claimed the short-term victory. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.
BUY
Allan Tong’s Discover Picks Of course, nobody knew that a once-in-a-century pandemic would trigger that recession, but WCN survived the pandemic to emerge with a 21.1% gain since my original pick. This figure excludes the dividend, which currently pays 0.67%, and it beats the TSX by 5%. Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.

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