TOP PICK
New vehicle growth is still 15% below 2019 levels, so there's still growth. He bought it at $43, and then it had a huge move yesterday. Still lots of upside. Solid balance sheet to fund acquisitions. 500 million new transactions in the pipeline. Digital strategy. Undemanding multiple of 8x. Still underowned. No dividend. (Analysts’ price target is $64.13)
specialty stores
TOP PICK
Safer play on the global aviation recovery. Nice upside with further capital deployment. Not cheap, but growing around 36%. Sets up nicely for investors on price to growth. No dividend. (Analysts’ price target is $42.78)
transportation equip & components
TOP PICK
Natural gas is finally looking good. Fabulous balance sheet. Top-tier operator and capital allocator. Significant free cashflow, which can make its way to shareholders. Not expensive. Relatively unhedged. He sees 27% production growth and 66% cashflow per share growth. Score some nice points for the next 12-24 months. Yield is 1.66%. (Analysts’ price target is $49.05)
oil / gas
DON'T BUY
It is part of the solution for the planet going forward. It's become a bit of a Reddit favourite. He wouldn't buy any stock that's the flavour de jour.
integrated mines
COMMENT
Oil stocks. IMO is not one he follows too closely. If you're comfortable with the commodity of oil, try SU or CNQ. Both have nice dividends and are really cheap compared to their history.
Unknown
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company looks pretty good today. The valuation is now down slightly although the fundamentals remain sound. A good buying opportunity. Cash balance has increased and it continues to grow its equity position.EPS is projected to grow quite nicely. Unlock Premium - Try 5i Free

machinery
BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Current shareholders offered 12M shares for sale. The market is adjusting to the offer and it had made big gains recently. The sale does not change fundamentals and the sell off should be short term. Unlock Premium - Try 5i Free

Technology