DON'T BUY
He's low on his tech weighting. You've had a multi-year timeframe to own tech. Now a lot of people are trapped at higher prices, who were late to the game. Be cautious about buying something with so many built-in sellers. Go where the bull market is, not where it was.
E.T.F.'s
DON'T BUY
Never buy a stock on takeover speculation. Other places to be than here. Bad house in a nice neighbourhood.
wholesale distributors
BUY
Acquisition of KSU affect dividend? Dividend payout is low. Dividend has grown 17% a year for 5 years. Earnings will grow close to 20% in 2023. Likes rails and transports. He'd be a buyer.
Transportation
DON'T BUY
Great job operationally. Earnings have grown nicely. 2022 will be relatively flat, depending on how well they can push through prices. 10-13x earnings, not expensive. Yield is 2%, not growing quickly. Probably better places to be such as COST or DOL, which he owns. More defensive than he'd want right now.
specialty stores
BUY
More economically sensitive, so when the economy's doing well people spend a bit more money.
Consumer Products
BUY
More economically sensitive, so when the economy's doing well people spend a bit more money.
department stores
TOP PICK
We're facing inflation risk, and you need to protect against it. So own companies that can increase prices. Ag sector is one of the leaders right now. Seeing volume growth. Upside to earnings. Yield is 2.45%, likely to grow high single digits for the next number of years. (Analysts’ price target is $104.91)
agriculture