Advertising
TOP PICK
Everyone is aware of Boeing's problems with the 737 Max (there's a film about this is on Netflix). The Airbus 320neo is outselling the 737. They also have a big defence business in Europe, and defence budgets are rising. This trades at 20x earning, so not cheap, but earnings will grow by 12-13% annually for the coming decade. (Analysts’ price target is $40.59)
0
TOP PICK
It was at $50 before Covid, then they did a lot of refinancing during Covid, but AC are in a strong position as we reopen. Demand to travel is strong. Will rise into the $30s, then gradually grow. (Analysts’ price target is $29.75)
Transportation
COMMENT
Educational Segment. Looking at some indicators, it looks like stocks are oversold. Looking at seasonality for the second year of a presidential cycle, you see a period of a cautionary area. May tends to perform the worst. We are probably oversold that there will be a bounce after. Area of opportunity right now. Tradable.
Unknown
COMMENT
Largest 40 companies in Latin America. Get some Mexico, Brazil, etc.. Get oil and gas, banks, metals, etc.. Only thing to keep in mind is the elections in Brazil later this year.
E.T.F.'s
DON'T BUY
You could pick up in the low $90s. Doesn't think it is the right time to buy currently. Would look at it at the low $80s. Central bank moves will still affect them more.
banks
WAIT
As a short term trader, maybe, but this trade is already in the market. Global spending on defence will be going up so you could buy the dips. Start looking at it 10% lower.
Defense
COMMENT
As interest rates rise, lifecos tend to do better. On the other hand, it is offset by weaker equity markets. It will be choppy. For a trade, you could accumulate here. He owns Manulife instead. Range trade this.
insurance