Latest Stock Buy or Sell? Make More Informed Decisions!

The US Fed hiking rates, the Russian war and China's Covid lockdown are weighing on markets. When markets gets jittery, the Fed lowers rates, but it can't do that now, while Russia and China we can't solve overnight. Markets are gradually pricing in negative earnings growth. Typically when the US 10-year yield touches 3%, the market trades at 15.5-16x. We're close to a bottom, one or two bad days away. Blue chip stocks (pay a dividend and shares grow) have corrected 10-15% while momentum stocks fell 60% and these may not have earnings in 2023. Put those aside and buy a quality name like a bank, pipeline or Visa. He's very close to deploying cash.

He isn't sure how secure their government contracts are or their growth rates. It is a recent IPO so it has a short track record. Unstable. He prefers Microsoft, Adobe and Servicenow.

E-commerce drives these REITs. Two weeks ago when Amazon reported, these REITS fell 20%, because Amazon said they have built enough capacity. But e-commerce still has a big runway for growth, especially Canada. The space is consolidating now, like Prologis and Blackstone, and he expects more. Rental rates of these industrial spaces continues to rise and the spaces are full. He also likes Summit REIT (he owns), and Granite. Also likes Dream.

He holds a renewable power portfolio. He started buying this after the Texas ice storms around $17. Likes it. It has the development pipeline he likes. A smaller-cap to the green super-majors in Europe. INE has pulled back. Is a dividend grower and their operations will expand in the future.

You can pick away at the airlines, but there are cost pressures like labour and fuel. The demand for summer travel will offset that with consumer spending their excess cash on experiences. Buy a bit now then maybe add more in June or July.

Infrastructure spun out from Tourmaline, a favourite oil company. They also derive royalties from Tourmaline's lands. It's a hybrid royalty-infrastructure company which removes a lot of the risk of an energy company. It yields 4.5% and they raise it yearly. M&A are coming, says management, perhaps infrastructure or royalties assets. He expects 10% growth + the divvy. (Analysts’ price target is $28.86)

Low risk. WN owns the Loblaw and Shoppers Drug Mart real estate and accounts for half their earnings. A dull and boring consumer staples business. Trades at a 12% discount to its holdings in Loblaw and Choice REIT. They just raised their dividend by 10% today, though it isn't huge. They just sold their baked-goods business and sit on $3.1 billion. The family will buy a lot more shares in coming years. A well-run company. He sees a 10% rise in the share price. (Analysts’ price target is $170.38)

It has pulled back with Amazon and e-commerce cooling, but they ship 90% of packages that go overnight between Vancouver and Toronto. It's a play on the Canadian economy. They can't keep up with demand. A good entry point. Shares can double in 2-3 years if we don't see a recession. CJT is adding 4 more planes in coming years, so he likes the growth outlook. (Analysts’ price target is $236.08)