Today, The Panic-Proof Portfolio (Stockchase Research) and Paul Harris, CFA commented about whether META, CHKP, ESLOY, MFC.TO, MSCI, SU.TO, BCE.TO, FSV.TO, AMADY, SYK, BABA, ZTS, SAN, UBS, CP.TO, CNR.TO, IBM, SHOP.TO, TOU.TO, NVAX, ALLY are stocks to buy or sell.
Sectors to focus on. Tech, pharma will continue to do well. Those trends will continue and grow. Consumer discretionary like AMZN, Costco, and Walmart will continue to do well. The more cyclical plays started strong, but are now having a difficult time because the economy is much more choppy. He wants to be in the sectors that did well during the pandemic, as they will continue to perform now.
CP vs. CNR Owns CNR. Numbers positive over the last little while, but the KSU acquisition may hamper them going into next year, with the stock moving sideways. Rail industry is great: limited competition, hard to duplicate, good pricing power, sweet spot of transportation. KSU acquisition will enhance their business. Forest fires are affecting the backlog, but this is short term.
CP vs. CNR Owns CNR. Numbers positive over the last little while, but the KSU acquisition may hamper them going into next year, with the stock moving sideways. Rail industry as a whole is great: limited competition, hard to duplicate, good pricing power, sweet spot of transportation. KSU acquisition will enhance CNR's business. Forest fires are affecting the backlog, but this is short term.