Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Jim Cramer - Mad Money and Teal Linde commented about whether LNR.TO, CIGI.TO, PBH.TO, TOU.TO, IFP.TO, OTEX.TO, KEY.TO, MSFT, ESI.TO, EQX.TO, ATZ.TO, F, NVDA, TD.TO, META, CSCO, TWM.TO, BAM.A.TO, STEM, TFC, BBY, WHR, DLR, MRVL, ABCL, STWD, CPRI, MS, HBAN, SPG, MASI, V, JBLU, NUE, NOW, ZM, GNRC are stocks to buy or sell.
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BUY
AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge. A REIT that runs data centres. Usually pricey, now is the time to buy on weakness. Shares have fallen from $178 to $128 today. Pays a 3.8% dividend and could go higher. The data centre buiness isn't vanishing anytime.
Financial Services
BUY
BUY
AHY: Accidental high-yielding stocks that have fallen so far that their dividends now pay huge.
He's gun-shy retail, and BB has plunged from $142 last November to $85 today. Pays a 4.16% yield. Their near-term numbers are less than ideal, but managers have announced positive guidance through more services. Trades at only 8x earnings, maybe the cheapest ever. Shares are so low they are de-risked.
specialty stores
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. A major player in the southeast and mid-Atlantic growth areas. It took a few eyars to adjust to their merger, but they are now producing strong numbers. Pays a 4.16% yield.
COMMENT
There are many issues with the market but the one getting the most attention is inflation. It is the most in 40 years creating the fear of a deep recession since the Fed. will raise rates aggressively. Fears are slightly overblown especially on the inflation front. Half of the CPI is composed of three major parts: shelter, energy and food. House prices, 1/3 of the CPI, have peaked and are turning down. Energy is up by 40%. It tends to shoot up right away with Geo-political situations and then not go much higher. Food prices are related to energy prices so if energy prices go down so do food prices.. The worst of the price increases are probably behind us. Also prices don't have to go down for inflation to go down. If they stay where they are, inflation will come down but it takes time. Growth stocks are way down but in many cases the fundamentals are the same or better so there are opportunities. However stay away from non-profitable tech companies that were high flyers and peaked last year.
BUY
A great long term investment with annualized compound returns over 20%. Expect a 20% growth rate each year for the next five years. It will spin off the asset management business and become two separate companies. One will be an income stock and the second will re-invest capital and aim for a 15% return over the long run. Both are good and he will own both.
Teal LindeOwned
managementdiversified
WAIT
A pipeline that delivered on time and on budget. Also acquired a refinery but the stock hasn't moved so it is at an attractive valuation. It is bringing on-stream a renewable diesel facility next year with 3000 barrels a day production. The B.C. government will cover costs for about half.
Teal LindeOwned
gas pipelines
Unspecified
It is attractive on a valuation basis at 13/14 X earnings. It has a structural challenge since it is a general type company that covers many things. Times have changed. Pure specialty companies in cloud technology and open source technology are chipping away at one stop for everything companies like Cisco.
electricalelectronic
TRADE
It has had issues in the news that have kept the stock price inexpensive - now undervalued. It is spending a lot of money on the Metaverse. He is not adding because he is unsure of the upside. Advertising revenue is very important so limited growth ahead. Also limited because of size.
Teal LindeOwned
Technology
COMMENT
Question was on a dividend bonanza. TD has the most excess capital of all banks and owns a large position in Charles Schwab corporation. Dividends should increase incrementally so no dividend bonanza since it doesn't want to have to cut back on a dividend at some point.
Teal LindeOwned
banks
WAIT
A remarkable company. It is already there in terms of autonomous driving and AI unlike some other semi-conductor companies. The GPU processor can do multiple tasks at one time unlike the CPU processor. It is down 50% with the sell-off of semi stocks. He is considering acquiring at a decent price and is waiting for semis to bottom out.
computer softwareprocessing
DON'T BUY
It is moving in the EV and alternative energy direction. Stock has come off and is at 5 or 6X earnings which is the historical average. Has started delivering their electric pickup truck which costs 20% less to produce than the Tesla Model 3. Not keen on auto stocks since sales tend to be quite flat overall and therefore have little growth. On the other hand auto parts suppliers are growing. e.g. Linamar at 25%
Automotive
PAST TOP PICK
(A Top Pick May 17/21, Up 28%) It should be higher and has had to fight against the trend from other retailers. Its recent results were great. It has great potential - expect 20% growth. Interesting to note that it has three stores (different labels) in a Vancouver mall. 23/24X earnings. Owns a good size position - otherwise would buy more.
Teal LindeOwned
specialty stores
PAST TOP PICK
(A Top Pick May 17/21, Down 36%) It did not have good quarterly results. Production was lighter than expected but this should be temporary in nature. There are also cost concerns since other companies (two in particular) are showing big cost over-runs with inflation. However Equinox announced its capital expenditure after inflation had already started to appear so it is already factored in. There is insider buying by the CEO, President, COO and Investor Relations.
Teal LindeOwned
Mining
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