Today, Gordon Reid commented about whether JNJ-N, PFE-N, BX-N, AMZN-Q, RTX-N, GS-N, INTC-Q, MRNA-Q, MA-N, BHP-N, QCOM-Q, MSFT-Q, AAPL-Q, PAYX-Q, EW-N, WM-N, MDLZ-Q, HXL-N, ABBV-N, JPM-N, GOOG-Q, FCX-N are stocks to buy or sell.
(GOOGL) Right now, trading at 28x earnings. EPS is $100 roughly. They allocate $20B to R&D and produce many things like VR, AR, automated driving. These techs will make lots of money. See a bright future for Google. (Analysts’ price target is $3200.88)
A company they are excited about. The largest copper miner in the world. Now at 100% production capacity in their Indonesian mine. Copper prices have been firm, and at this level of copper prices, they produce $15B EBITDA. Enterprise value is under $60B. Extremely attractive. Every 10 cent change in copper price, they make $400M of cashflow. The application of copper is exciting. There is cyclical and secular elements that will push copper demand. (Analysts’ price target is $42.59)