COMMENT
Volatility in September/October. Historically, September and October tend to be volatile as capital moves to new positions and there's profit taking. Things tend to settle down after that. In December, less volatile and markets cruise through to the end of the year.
COMMENT
Challenges this year like inflation and petro currency. Today, BOC announced it's going to stop bond purchases. This will lead to higher rates. Mortgages could be challenged. Also signals our economy is stronger and can stand on its own. Increase in the CAD means we'll have trouble being competitive compared to Europe, US, and Asia. These challenges will impact the Canadian economy.
COMMENT
Take advantage of a higher CAD. Europe's on sale. Look to buy high quality European, US, or Asian companies at a positive currency differential. Investors need to be cognizant of these opportunities.
WEAK BUY
As prosperity increases across the region, they'll be able to charge higher rents. This is the kind of stock you want to buy if you have a long time horizon and a low beta framework. Good dividend. A good operation, and it's a sleep well at night stock. Reasonably attractive at these levels.
WEAK BUY
UL vs. NSRGY He owns Nestle, reporting very good numbers and very good organic growth. The business itself is very good. Basically, it's a consumer tax. He continues to buy Nestle for new clients. UL has been a relative underperformer, though with potentially more upside.
BUY
NSRGY vs. UL He owns Nestle, reporting very good numbers and very good organic growth. The business itself is very good. Basically, it's a consumer tax. The premier story. He continues to buy for new clients. UL has been a relative underperformer, though with potentially more upside.
BUY
Share issuance for the new acquisition will be somewhat dilutive, but you're issuing capital to buy growth. For new money, it's at a discount. Longer term prospects are quite attractive. Continuing to add for clients. If you own it, keep it.
DON'T BUY
Sector is very interesting, given the chip shortages. Pass on this, as cyclical advantage has already happened. There are better opportunities in the space. More competition from China and India will reduce profitability. Take profits, and look at TSMC or Samsung.
BUY
Market's very fixated on growth right now and is ignoring companies with dividend and share buyback stories. Recovery beneficiary. Very cheap. Good company if you want safe and steady, particularly when it's on sale.
COMMENT
TFSA ideas for a USD investment. Healthcare is an interesting area, especially with a slant toward medical devices. MDT is a safe and steady name, significant track record of dividend increases. For a 25K investment, you need to decide if you're looking for safe and steady, or significant upside. See also his Top Picks.
BUY
Healthcare is an interesting area, especially with a slant toward medical devices. This is a safe and steady name, significant track record of dividend increases.
BUY
PG vs. UL Canadians can't ignore the Chinese and Indian markets. They do have political risk, but they will be delivering meaningful prosperity, so ignore that at your peril. PG had a very tough time after the global financial crisis. Still a great company and continues to do well, has outperformed UL. UL is going through changes, and these could lead to outperformance over PG. If you want safe and steady bond proxies, these are the types of companies you want to be thinking about.
WEAK BUY
UL vs. PG Canadians can't ignore the Chinese and Indian markets. They do have political risk, but they will be delivering meaningful prosperity, so ignore that at your peril. PG had a very tough time after the global financial crisis. Still a great company and continues to do well, has outperformed UL. UL is going through changes, and these could lead to outperformance over PG. If you want safe and steady bond proxies, these are the types of companies you want to be thinking about.
DON'T BUY
Great company. Any growth in semiconductors will be good for a market leader like this. Challenge at the moment is China is building up their industry. Short-term positive, but long-term there will be over capacity. At these levels, valuation is extreme. Pass.
BUY ON WEAKNESS
Very good franchise, but periods of stagnant growth. Global, best of breed franchise. One of a kind. If it's down and you have a long horizon, buy it. Expensive now, but you can hold your nose and buy it.