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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 As one of Canada's largest insurers, with rapidly growing operations in the US and Asia, we again reiterate MFC as a TOP PICK. Recently reported earnings again beat analyst expectations and support a respectable 14% ROE, which helps support a great dividend yield that employs less than 35% of cash flow. It trades at 8x earnings, compared to peers at 33x. We recommend trailing up the stop (from $21.00) to $24.50, looking to achieve 31.50 -- 15% upside potential. Yield 4.84% (Analysts’ price target is $31.33)
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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 As European countries develop new secure supply strategies, we think this company will play a big part in this going forward and that is why we again reiterate BP as TOP PICK. It pays a good dividend, backed by a payout ratio under 60% of cash flow. It trades at 14x earnings compared to peers at 17x and at just 1.1x book value. We like that the company continues to aggressively retire debt and buy back shares. We recommend trailing up the stop (from $26) to $28, looking to achieve $37 -- upside potential over 17%. Yield 4.11% (Analysts’ price target is $37.00)
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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 EPS growing 24% annually over the past three years and revenues up 24% this past year, we once again reiterate this private equity based income trust, who focuses on unique buyout and industry consolidation opportunities, as a TOP PICK. It generates about 85% of its cashflow from US operations (the rest in Canada), in a well diversified portfolio of assets. It pays a good dividend, backed by a payout ratio under 45% of cash flow from operating activity. We recommend keeping the stop at $17.00, looking to achieve $24.00 -- upside potential over 18%. Yield 6.6% (Analysts’ price target is $23.61)
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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 03/20, Up 17.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AMGN is progressing well. We now recommend trailing up the stop (from $218) to $228.
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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 Dec 28/21, Up 12.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WMT is progressing well. We now recommend trailing up the stop (from $134) to $145.
COMMENT
Catalysts to keep an eye on. So many balls in the air right now. Inflation, higher commodity prices, possible wage inflation, possibly inflation expectations are too high, Ukraine. All making it much more difficult to understand where the economy is going and what the Fed's intentions are. You can see this from the volatility in the stock market. One day up, one day down, no consistency. Watch whether the Fed decides to increase by 50 bps, do that for several months, and then slow down. Also watch whether companies continue to beat earnings, but the more important thing is what are they forecasting for the next several quarters. Will they be able to increase pricing, maintain margins, and grow free cashflow? The other geopolitical issues are important because they have an effect on how central banks look at the world, especially in Europe. The IMF brought down global growth projections for the year. Volatility will continue for the next and following quarters at least. Volatility can be your friend, as you can buy companies you like at relatively cheap valuations.
COMMENT
Sectors to look at. Hard to just stay in cash, as you miss opportunities when the market turns around and rallies. You could be in bank or financial stocks, or healthcare which will be more defensive. Interest rates might impact utilities, but they give you a really nice dividend and you can manage through the volatility. For asset allocation, you want to be in an asset class that offsets equity risk. Traditionally, that's been fixed income. You could be in some defensive names, collect the nice dividend, and wait for a chance to change your portfolio to something with a bit more growth when we get more clarity on interest rates and geopolitical situations.
WEAK BUY
Cloud computing for digitization of workflow. Has done well. Great growth potential and free cashflow growth. He accesses the cloud instead through MSFT, GOOGL, and AMZN. Cloud will continue to grow considerably, though not as fast as during Covid. Increased competition means own the bigger players.
DON'T BUY
Now an aerospace and defense company, BMW owns the actual car brand. A restructuring play on jet engines. Defense and power divisions are stable. Revenue will grow once airlines start buying more aggressively. Not expensive, but choose another industrial.
BUY
Still likes it. Illiquid. High multiple. Great buying opportunity. Great Canadian name, with a huge US base. Asset light, very little capex. Grows organically quite nicely, plus successful tuck-in acquisitions. Good market share and they can continue to buy in a fragmented market. Contracts are inflation protected.
BUY
Great Asian franchise. Asset management business has been tough, decreasing margins. Will continue to do better, especially as we see less volatility. Worth owning here. Nice yield of almost 5%, not trading at a huge multiple at 1.2x book.
COMMENT
Money not flowing to venture exchange commodities. He doesn't buy a lot of commodities. When you look at gold, you'd think it would be substantially higher. But reality is that some investors have gone to Bitcoin. Also, a lot of commodity companies realize investors are more interested in their balance sheet and returning capital to shareholders, rather than just going out and buying assets. Plus, people are unsure whether commodity prices can be sustained for a long time, but might go back to more traditional levels. Lastly, in this volatile environment, people are much more wary of being in smaller cap, highly volatile securities.
HOLD
Big cap oil is reconsidering how they deploy capital. They're working on returning capital to shareholders, paying down debt, buying back shares rather than building new projects. That's why you have this tight issue in the oil market. Companies are not expanding production. It will continue to do well as a cashflow machine.
PAST TOP PICK
(A Top Pick Apr 06/21, Up 2%) Great story. Net interest income up, good loan growth. Fee income generation will be much tougher. Not trading at a huge multiple of 11x earnings. Will see dividend increases and share buybacks. Good buy here. Yield about 2%.
PAST TOP PICK
(A Top Pick Apr 06/21, Up 25%) Cybersecurity is a big secular growth area. Lots of pressure to make sure telecommunications are secure, especially as people work remotely. He'd buy it here.