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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly With recently reported earnings belaying concerns, BNS is a TOP PICK. EPS beat analyst expectations by over 30%. It trades at 11x earnings compared to peers at 13x and is currently valued at just over 1.5x book value. It pays an excellent dividend (which was increased 11%), backed by a payout ratio under 50% of cash flow. We would buy this with a stop loss at $78.50, looking to achieve $114 -- upside potential over 33%. Yield 4.33% (Analysts’ price target is $113.71)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly Following recently reported earnings that beat expectations, TD is a TOP PICK. As concerns swirled about the Canadian banks, TD beat earnings expectations by over 8% as EPS grew 56% over the year. Loan loss provisions are declining as volume of loans is increasing. It trades at 12x earnings compared to peers at 13x and is valued just under 2x book value. It pays a good dividend (which was increased by 12%), backed by a payout ratio under 45% of cash flow. We would buy this with a stop loss at $89, looking to achieve $126 - upside potential over 32%. Yield 3.35% (Analysts’ price target is $125.73)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly Following recently reported earnings, we recommend BMO as a TOP PICK. Recent EPS beat analyst expectations by 3% and net income was up 38% over the year. Provisions for loan losses are declining, while loans and deposits are increasing. It has also approved a 22 million share buyback program. It trades at a fairly valued PE of 13x earnings and is just under 1.5x book value. It announced a 22% increase in the dividend, which is backed by a payout ratio under 40% of cash flow. We would buy this with a stop loss at $120, looking to achieve $184 -- upside potential over 33%. Yield 3.11% (Analysts’ price target is $183.87)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 25/21, Up 14.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PG has achieved its $152 objective. To remain disciplined, we recommend covering half the position at this time. We recommend keeping the stop at $139.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 07/21, Up 21.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KNX has achieved its $60.50 objective. To remain disciplined, we recommend covering half the position at this time. We recommend trailing up the stop (from $44) to $52.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 17/21, Down 14.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with ET has triggered its stop at $8.00. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 11/21, Down 10.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BDT has triggered its stop at $9.50. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation, this results in a break even net investment return.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 23/21, Down 17%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BGFV has triggered its stop at $21.50. To remain disciplined, we recommend covering the balance of the position at this time. When combined with the previous buy recommendation, this results in a net investment loss of 11%. We will look for better opportunities.
COMMENT
Policy error is a market threat. Central banks so far do nothing in the face of inflation; the longer the delay in raising rates, the greater the risk. During tax-loss selling, look at longer terms of owning your stocks, not quarterly. Anything that benefit from rising rates, those stocks benefit your portfolio. ENB, for example, raised their dividend today. There's a lot of trading these days, but that makes your broker rich. Asia is very cheap now. Europe is also cheap. He likes ESG themes. The banks are inexpensive. Logistics companies have seen a bonanza, so could face downside.
COMMENT
You make money when buy, not sell, a stock, when you buy something at a discount. Example: buying in real estate a decade ago and sell now. It's critical when companies are on sale and face growth.
BUY ON WEAKNESS
You need some exposure to the second-biggest economy, China. Do it directly or indirectly, like a copper company? Or a combo? China's trading regulations have hurt BABA. Beijing wants investments to move from tech to auto and rails. BABA, though, will remain a great, solid company. Volatility offers entry levels. BABA trades at a discount to American tech peers. Long-term, it's a great company that won't disappear any time. He also likes Tencent, pharmas and cars in China.
BUY
Generally, he doesn't like share dilution, but ask the reason why. For instance, to buy assets and grow the company is a positive. AQN is fine; it will benefit from the ESG movement. Likes it. Renewables and AQN have had a tough year, but it offers good value now and long-term growth.
COMMENT
When does it make sense for a foreign buyer to buy an ADR/OTC... When you buy an ADR, it'll be cheaper paying constant ADR fees. He tends to buy stocks in local markets and seldom trades stocks. Over time, the relatively inexpensive buying foreign. If you trade a lot, then buy local markets.
BUY
In Canada, tech stocks is the tuck-in acquisition model. However, tech PEs in Canada are steep now. ENGH's CEO may be waiting for a buying opportunity of a cheap company, but offering value; he has a good track record. Companies that do more of these deals drive revenues. ENGH offers reasonable long-term growth, particularly since it has underperformed in the past year.
PARTIAL SELL
The long-term chart shows a phenomenal run. A while ago, it was dead money for 10 years, then moved into cloud computing, which gave it a huge step up. Question: Will the cloud space see more competition? Tech has seen a big profit, so he'd take profits to de-risk. At least sell your cost base.