Latest Stock Buy or Sell?

Stockchase Research Editor: Michael O'Reilly We reiterate IIVI, a maker of industrial optic and laser components, as a TOP PICK. The company remains well positioned to benefit from 5G rollout, cloud migration, and EVs. It is investing over $1 billion over the next 10 years to focus on highly efficient semiconductors for EV adoption. It issued over $2 billion in new equity, giving it a solid cash position to do so. It trades at 26x earnings compared to peers at 30x and earnings are expected to be $4.48 per share next year compared o $2.28 this year. Sales have been growing over 30% annually for the past five years. We would buy this with a stop loss at $50, looking to achieve $85 -- upside potential over 38%. Yield 0% (Analysts’ price target is $85.12)

Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation with BP. As oil prices continue to stabilize and the economy edges forward, this is a good value entry point. It trades at 10x earnings, compared to peers at 14x and is presently valued right near book value. It is paying a good dividend, backed by a payout ratio under 50% of cash flow. It has paid down over $11 billion in debt, while keeping cash reserves relatively steady. We would buy this with a stop loss at $20, looking to achieve $35 -- upside potential over 32%. Yield 4.85% (Analysts’ price target is $34.69)

Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation with PIF -- the Canadian $366 million market cap infrastructure developer of renewable energy projects in Latin America. It pays a nice dividend backed by a payout ratio of 35% of cash flow. It trades at 10x earnings, compared to peers at 14x and is valued under 2x book value. We would buy this with a stop loss at $14, looking to achieve $28 -- upside potential over 53%. Yield 3.32% (Analysts’ price target is $28.00)

(A Top Pick Jul 21/21, Up 28.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with TOU is progressing well. It has achieved its $43.50 objective. To remain disciplined, we recommend covering half the position here and trailing up the stop to $34 -- just above the original recommended entry level.

(A Top Pick Nov 18/20, Up 21.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KR has triggered its stop at $40. We recommend covering the balance of the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment return over 21%. We will monitor for another entry level in the future.