BUY
He liked it before, but he sold it. He was wrong. Investors feared GNRC was too tied to housing, but the grid is so poor in the US that you can make money owning GNRC.
COMMENT
Unless something actually goes right with the market, like good news, then the rally will not last. China's lockdowns, Putin's Ukraine war, and hot inflation continue to drive markets down.
DON'T BUY
Microsoft has gotten aggressive with Microsoft Teams. Also, Zoom shares remain too high and can decline further.
COMMENT
A tough one. They had the best quarter of the large tech companies and they keep winning new contracts. But in this bear market, NOW gets no credit.
WATCH
Likes it but has sold shares from February to early April, because cyclicals get hit when the Fed tightens aggressively. Shares have fallen so far that it trades under 5x earnings; Wall St. worries earnings will plunge in 2023 after the Fed kills inflation (and high steel prices). The stock could be attractive now. Today, Nucor announced it will buy C.H.I. Overhead Doors (makes garage doors) and shares fell because it puzzled investors.
DON'T BUY
Announced a hostile takeover of Spirit Airlines today. Really? Won't the Justice Department and Pres. Bidec nix this deal for being anti-competitive?
HOLD
An amazing company and not expensive anymore. Stay the course and you will be just fine. Be patient.
COMMENT
Nearly doubled from the start of Covid to last November, but has plunged back and then some. In January, they issued lukewarm guidance, then a negative pre-announcement in late March as they deal with supply shortages. Also have announced the acquisition of a consumer electronic company that he doesn't understand why. Recently, they have reported bullish guidance and better numbers. Perhaps they have already bottomed. rebounded from lows.
BUY
AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge. The only AHY that he's still confident with. They reported a good quarter. However, he came into this too early and was overconfident about retail overall. SPG pays nearly a 6% dividend.
BUY
AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge. Regional banks like this make money whenever the Fed tightens, because they pay the same interest on your deposits, then invest that money in risk-free short-term treasuries to earn a big profit. The big national banks have too much exposure now, in contrast. Based on Ohio, HBAN is expanding across the midwest where manufacturing is heating up. Boasts solid deposit and loan growth, and pays a 4.8% yield.
BUY
AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge. His favourite investment management bank as they pivot towards the more stable wealth management business.
COMMENT
Trades at such a low PE. It's okay, but apparel is very out of favour in this market.
BUY
A fine CEO. Profitable company that pays a good yield.
COMMENT
They're okay. Shares have fallen, but the company makes money.
BUY ON WEAKNESS
The best in 5G and high-performance computing, which are out of favour now. He wants to buyback shares he has trimmed recently.