Advertising
COMMENT
They report Wednesday. Chipotle just reported a good quarter and the market didn't care--warning. Chipotle owns all its stores, but Yum is heavily franchised. Will Yum have the same success finding workers as Chipotle?
food services
BUY
They report Wednesday. Likes it--fabulous with a good balance of natural gas and crude oil.
integrated oils
COMMENT
They make paperboard, an industry he knows from his father. These companies will build new factories to meet demand. When paper peaks, then inflation will be under control. They report Thursday.
INDUSTRIAL PRODUCTS
BUY
An underperformer now doing catch-up. As long as oil prices stay high, SU has more run to run. It's a Canadian oil sands company, which is an expensive, difficult way to extract oil, but is enjoying high demand given the oil shortage now. The oil sands can see tremendous earnings growth levered to the high price of oil. Conversely, if oil prices soon peaks, this stock will be a dog.SU shares are up 40% YTD. A short-seller is shaking things up, because SU is lagging behind its peers, the second-worst performing Canadian oil sands company because of poor execution and a terrible safety record including 12 deaths (according to the short-seller). They also haven't lowered their production costs as their bitumen production has been declining over the past three years. SU is a relatively cheap stock with a terrific activist kicker and pays a 3.6% dividend.
Oil and Gas (Integrated Oils)
BUY
They report Thursday and he expects consistent, strong numbers. It's very well run.
Consumer Products
COMMENT
They report Thursday. Shares have been cut in half. The market perceives it as a lockdown stock, but not true--it's good for all seasons. Even a great quarterly report may not matter.
Technology
COMMENT
They report Thursday. They endured the pandemic with flying colours. But the standards are set so high for quarterly reports these days that if they don't beat handily, shares will fall.
food services