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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 The manufacturer of well know affordable footwear brands like Florsheim and Nunn Bush has seen Q1 sales hit all time record highs. Retail comparable sales are up 41% over the past two years. It trades at 10x earnings compared to peers at 11x and is currently valued at 1.1x book. It pays a healthy dividend, backed by a payout ratio of 40% of cash flow and is likely due for another dividend increase soon. We recommend setting a stop loss at $19 looking to achieve $30 -- upside potential over 25%. Yield 4.03% (Analysts’ price target is $30.00)
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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 Recently reported earnings showed promising growth in comparable sales growth worldwide, including China, and supported a ROE of 56%. The company pays a good dividend, backed by a payout ratio under 55% of cash flow. They have been prudently using some cash reserves to aggressively buy back shares and retire debt. We recommend setting a stop loss at $65, looking to achieve $105 -- upside potential over 33%. Yield 2.6% (Analysts’ price target is $105.06)
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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 a market cap of $50 billion, MFC is one of Canada's largest financial services firms. It is in a space that tends to benefit from rising interest rates and we reiterate it as TOP PICK. It trades right at book value and at 7x earnings, it is good value here. The dividend was recently bumped up over 17% and is backed by a payout ratio under 35% of cash flow. We are recommend to slide the stop (down from $24.50) to $21.50, to accommodate current market uncertainty, looking to achieve $30 -- upside potential over 20%. Yield 5.19% (Analysts’ price target is $30.00)
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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 31/20, Up 41.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SFM has triggered its stop at $28.50. To remain disciplined we recommend covering the position at this time.
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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 Oct 07/21, Up 34%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NGT has triggered its stop at $92. To remain disciplined we recommend covering the position at this time. This results in a net investment gain of 30%, when combined with our previous buy recommendation.
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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 01/20, Down 10.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with EGAN has triggered its stop at $10. To remain disciplined we recommend covering the position at this time.
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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 Mar 22/22, Down 12.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with RUTH has triggered its stop at $20. To remain disciplined we recommend covering the position at this time. This results in a net investment loss of 8%, when combined with our previous buy recommendation.
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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 02/21, Up 8.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FCX has triggered its stop at $40. To remain disciplined we recommend covering the position at this time. This results in a net investment gain of 10%, when combined with our previous buy recommendation.
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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 Mar 03/22, Down 5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PANW has triggered its stop at $550. To remain disciplined we recommend covering the position at this time. This results in a net investment gain of 15%, when combined with our previous buy recommendation.
COMMENT
Are market fears justified? Wild ride this week. Markets jumping yesterday, but giving up those gains and more today. VIX is now at those critical levels of 30 or so, which tend to show an inflection point in the market near-term. Lots of fear and panic due to geopolitical tensions, rising rates, inflation, and renewed lockdowns in China. April was a tough month for markets all around, especially the NASDAQ. When we see these major swings, as we saw in March 2020, it's an opportunity if we can look beyond the near-term noise. Heed the Warren Buffett adage: Be fearful when others are greedy, and greedy when others are fearful.
COMMENT
Every challenge has opportunities. Where are they right now? He's been tilting his portfolios from growth, especially high growth and high multiples, over to value. The global economy will expand at 3.6% GDP expansion, based on recent numbers from the IMF for 2022-23. The volatility is caused by the chatter about recession, which is premature and overstated. Look at the Conference Board leading economic index and the US 3-month/10-year yield curve, which is highly predictive of a coming recession. Neither of those predict a US economic downturn in the next 12 months. Manufacturing numbers, retail sales, and housing numbers still look encouraging. Sectors he likes now: financials, energy, materials, healthcare.
BUY
Tilted to value, preferable now with rising rates. About 37% financials, 15% energy, 13% communications. 72 bps expense ratio. Likes the strategy. Makes sense for the extra income. Yields about 6.2%.
DON'T BUY
Similar to AGG, one of the largest in the US. Down about 9% YTD, all about interest rates moving higher. Duration of 6.5-6.6 years, so rising interest rates will have a negative effect on the pricing. 18 bps for this version. AGG is only 3 bps. You don't really need to hedge the CAD these days. Not a fan of long bonds today, as rates can push higher. He prefers short-duration or inflation-protected bonds, like the XSTP.
BUY
Not a fan of long bonds today, as rates can push higher. He prefers short-duration or inflation-protected bonds, like the XSTP.
BUY
Short-duration of 3-4 years corporate bond index. Has held up better than aggregate bonds, but still not great. Short bonds or inflation-protected ones are the right strategy, as they don't carry the same rising interest rate risk. Much of the damage is done for downward movement in bonds, though there might be more to come. Yield is 3-3.2%.