Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Larry Berman CFA, CMT, CTA and Stockchase Insights commented about whether PRMW.TO, AIF.TO, STN.TO, ZWE.TO, VGK, NTR.TO are stocks to buy or sell.

COMMENT
Believes an economic "hard landing" is to be expected. US Federal Reserve concerns for high inflation are justified. ~4% interest rates are a reasonable expectation. August inflation numbers will be interesting to watch.
COMMENT
Best news on US Dollar strength is behind us (expecting prices to fall). 6-12 months, thinks energy prices will normalize, and war in Ukraine will end. Central Banks in Europe and Asia are not able to raise rates as quickly as US Federal Reserve.
BUY ON WEAKNESS
Likes agriculture sector. War in Ukraine has caused supply crunch in fertilizer. Believes a $70 (USD) share price would be a good entry point. Long term, is a good investment to hold. Strong business model.
BUY
Good choice for investors looking at European exposure. Price point is fair. Catalyst to unleash further value won't occur until war in Ukraine ends.
COMMENT
Foreign income is taxable, along with capital gains. Important to understand tax implications.
COMMENT
Educational Segment. Rising interest rates create problems with 60/40 (balanced) ETF portfolio. Better to pursue option based ETF's that create Alpha. Examples like ZWE are good route to generate higher returns for investors. Concept of a 60/40 (balanced) ETF portfolio is a defensive investing strategy. Good exposure to global assets is beneficial to investors.
HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. US stimulus to aid growth. Expensive valuation. Strong backlog in less cyclical segments. Attractive mining acquisitions in Australia. Unlock Premium - Try 5i Free

HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Record quarters during COVID. Entry into debt valuation interesting. Greater SaaS revenues support better margins. Premium valuation means less room for error. Unlock Premium - Try 5i Free

BUY

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Growing market share. Expanding margins. Management getting grasp of increasing costs. Valuation attractive based on fundamentals. Unlock Premium - Try 5i Free

COMMENT

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. There are five main sectors that we noticed consistently outperform – tech, materials, consumer cyclical, financials, and communications. These are the more interest-rate sensitive sectors and are often dependent on a strong consumer, and so they perform well in years where interest rates are flat or falling, and economic growth is strong. Unlock Premium - Try 5i Free

COMMENT
The weakening U.S. dollar is a function of competitive currencies. Europe is starting to raise rates now. The cooling of the U.S. dollar is a key ingredient in the ending of the bear market in equities but there are others as well. The lower dollar also is better for earnings of big corporations and strengthening growth stocks. We are in a confusing situation because interest rates are rising at the same time as slowing growth and lower earnings, but we could still be many months away from a mild recession because the unemployment rate is so low. He sees rolling recessions and the U.S. in the later innings of raising rates. Stock pickers should should know their companies well and in particular look for ones raising guidance in this environment. Looking ahead there is a better outlook for Health Care especially in the med-tech area. Also maybe financials and alternate energy.
COMMENT
It has some relationship with the commodity price of iron ore so its dividend varies over the years. It is coming down to 7 to 8% but this still makes it still a good income stock.
BUY
It has always been part of their health care portfolio. It is losing some lustre and interest created by Covid but is still a good health care company with a good dividend. He likes others as well, maybe a bit better.
Unspecified
It has come down a lot along with the valuation multiples of growth stocks, making its valuation more attractive. It still has some acquisitions to digest. He likes Service Now (NOW) a little better. Growth stocks should improve. Start to add on dips in tech and growth companies.
COMMENT
It is a long term hold and should do better once the deal is done. He doesn't own telcos right now but Telus has been his favourite. It is below market valuation. Telcos are not high growth compared to other sectors.