Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Stockchase Discover and Bruce Murray commented about whether LNR-T, META-Q, CHE.UN-T, ATZ-T, TD-T, SHOP-T, CPX-T, BTE-T, ENB-T, AC-T, CMCSA-Q, AMZN-Q, BRK.B-N, TSM-N, MSFT-Q, CJT-T, CAS-T, BRCM-Q, NFI-T, INTC-Q, ZDV-T, NWC-T, GWO-T are stocks to buy or sell.
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BUY
Allan Tong’s Discover Picks True, insurance isn't as exciting as EV's or the metaverse, but, hey, everybody buys insurance. For this reason, GWL is highly defensive. Also, it trades at a low 10.76x PE, boasts a stable 0.84 beta, and pays a fat 5.35% dividend (based on a payout ratio of 53.61%). And yes, rising rates will help the company. Read 3 Canadian Dividend Stocks for our full analysis.
insurance
BUY
Allan Tong’s Discover Picks NWC operates convenience stores in the Arctic, Alaska, South Pacific and Caribbean. Given these remote locations, NWC faces little competition, so it has a decent moat around its business. NWC pays a dividend of 3.93% based on a 46.1% payout ratio. Read 3 Canadian Dividend Stocks for our full analysis.
merchandising
lodging
BUY
Allan Tong’s Discover Picks By sector, ZDV holds nearly 40% banks, 13% utilities, 13% energy and 11.8% communication services. ZDV pays a 3.74% dividend and charges a reasonable 0.39% MER. In the past 12 months, ZDV has gained 24% which is 3.5% lower than Enbridge, but 1.5% better than TD. ZDV's daily volumes average 104,000 while the beta stands at a safe 0.8. This ETF's holdings trade at a PE of 15.14x. Read 3 Canadian Dividend Stocks for our full analysis.
E.T.F.'s
COMMENT
The soaring price of oil. US bans Russian oil. It appears Putin's Russian army will push on and the west will continue to block Russian oil sales. The west will need to replace that supply somehow. As a growth stock manager, energy is seldom part of his portfolio, but he did add Whitecap and Chevron recently. Canadian energy stocks were cheap even before the invasion and will continue to rise. The risk is a sudden change in the Russian war that reverses the rise in oil prices/stocks. European defence spending will pick up, so North American defence stocks will continue to climb. He owns Raytheon. Overall, he's shocked about the overdone selling in the markets as a whole.
COMMENT
Offers value in a growth sector, driven by short-term demand for chips. Pays a safe 3% dividend. But he lags its peers in technology and is catching up. Intel is building a factory in Ohio, so this will help turn around the company, but you must be patient. Owns Broadcom instead.
computer parts mnfctr
COMMENT
It boomed during Covid since CJT is in the delivery business. The stock rose too far, really. Even today, the 12-month PE is around 60x. Not interested in it. People may be returning to stores to buy things, and delivery of goods could be done using cheaper forms. CJT is well run, though. He's neutral on CJT.
Transportation & Environmental Services
PAST TOP PICK
(A Top Pick Mar 02/21, Down 12%) Remains incredibly strong: they lead the cloud business which is booming; are thriving in advertising with 70% margins; Amazon Prime has pricing power and also doing well. These businesses are doing better than their retail operation, which offers only 3% margins. Trades at 42x earnings, which is expensive, but there are years of growth ahead. A great company.
specialty stores
PAST TOP PICK
(A Top Pick Mar 02/21, Down 26%) When he recommended it, he expected the summer 2021 to open up for vacations. This year, there's the Russian invasion scaring some travellers. He hopes the war will settle down. He targets $45 for AC. Surging oil prices are also impacting airlines. At these low prices, he would buy then later sell at higher prices.
Transportation
