Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Larry Berman CFA, CMT, CTA and Stockchase Insights commented about whether TCN.TO, STN.TO, SIS.TO are stocks to buy or sell.

HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Missed quarterly projections. Price increases just went into effect. Volume backlog in Toronto 3x last year. Margin expansion a goal. Unlock Premium - Try 5i Free

BUY ON WEAKNESS

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Robust growing backlog. Improving fundamentals. Solid growth expected for 2022. Valuations reverted to long-term average. Unlock Premium - Try 5i Free

BUY ON WEAKNESS

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Solid industry tailwinds. Fast paced acquisitor. Technology productivity helped scale. Premium valuation warranted. Unlock Premium - Try 5i Free

COMMENT

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. The Producer Price Index (PPI) measures changes in prices of goods and services at the producer/manufacturer level, rather than the consumer level. The PPI is traditionally known to be a leading indicator for future inflation, as a softer increase in the PPI puts less pressure on producers to increase their prices to consumers. When producers face input cost inflation, they in turn raise the prices of their goods and services to keep pace with inflation, resulting in higher inflation. The US PPI month-over-month change for July came in below analyst expectations at (0.5%) vs 0.2%, and this represents the first monthly decline since April 2020. This decline in PPI is encouraging to investors in that it signals that the headwinds for higher inflation are easing. Unlock Premium - Try 5i Free

COMMENT
Buying on dips has created rallies. The news this morning indicates that maybe the Fed will pivot a bit earlier than expected since there are significant disappointments on the growth side. What we would like to see in a soft landing is a collapse in inflation with continued growth and the Feds pivoting in their stance. There is a slight moderation of inflation at 8.9% but weaker than expected growth in China. The S&P 500 is seeing sustained inflation and a significant decline in growth. The recent upturn seems like a major bear market rally. We could have higher inflationary volatility ahead.
Unspecified
This is a covered call writing ETF with a three year return of 36% and 0.8% MER. Covered call writing sometimes gives up upside. Could try ZEB where calls are not written for about 51% of the holdings. Or you might consider CIC - CI Canadian Banks Income Class ETF. It holds 75% of the basket without the call writing on it. Same yield as ZEB.
PARTIAL BUY
It is one of the first funds in the Bitcoin space. You don't need to buy much, just keep re-balancing to have the right amount in your portfolio. It is volatile but he likes the diversity it offers.
DON'T BUY
It has a yield of about 6%. You are investing in the European market through covered call writing. There is uncertainty in oil and gas due to the conflict and he is less bullish on Europe. The world economy is not growing especially in Europe. This is a time when you should take less risk. We are in a 'return of your capital' market, not a 'return on your capital' market
COMMENT
Question was on QQC.F compared to QQCC regarding the major price difference. QQC.F is an Invesco product while QQQC is a Horizons product. It gives exposure to the largest 100 tech companies on the NASDAQ. Be cautious with high growth stocks. If buying, start small and accumulate.
PAST TOP PICK
(A Top Pick Oct 01/21, Down 5%) He often doesn't own the top pick ETF's but uses the underlying futures markets. There has been a significant under-investment in the uranium space. In a move to become carbon neutral, we will need more nuclear. This ETF gives exposure to both the companies that mine uranium as well as the price itself. It is volatile and is a longer term bear market scenario.
PAST TOP PICK
(A Top Pick Oct 01/21, Up 10%) It trades in line with oil prices. The FTSE indices have improved including in emerging markets for Saudi Arabia which has a different economy from others. It is volatile so take a small exposure and remember to re-balance.
PAST TOP PICK
(A Top Pick Oct 01/21, Down 42%) It is in the field of digital currency and provides diversity. It is very volatile so buy in small amounts and re-balance. In other words take profits when you have great returns.
BUY
The question was on a water ETF. PHO is a good place to start. It owns securities in the water industry which create products including purification sytsems for homes,, business and industry.
Unspecified
It is a very large cap fund. Does some covered writing which gives away some upside. Whether you buy or not depends on your view of the health care space. It is 40% pharmaceuticals, 19% health care supplies, 15% health care services.