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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

OVV holds highly productive assets in the Montney, Anadarko and Permian basins.  They have worked hard to optimize assets following the acquisition of Newfield in 2019.  We like that it has maintained cash reserves while reducing debt and it trades under 2x book value.  The dividend is backed by a payout ratio under 10% of cash flow.  We recommend placing a stop-loss at $49, looking to achieve $81 -- upside potential of 29%.  Yield 2.1%

(Analysts’ price target is $81.05)
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Curated by Michael O'Reilly since 2020.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly

WFG share prices were negatively impacted initially by the announcement of the "indefinite" curtailment of their Florida mill due to lagging lumber demand.  The decision is helping to improve earnings and allows management to focus on its key assets.  As a result cash reserves are already allowing a sizable buyback of shares.  Now analysts expect housing demand for lumber to improve over the balance of the year.  It presently trades under book value and under 4x trailing PE.  The dividend is backed by a payout ratio under 10% of cash flow.  We recommend placing a stop-loss at $95, looking to achieve $140.50 -- upside potential over 20%.  Yield 1.6%

(Analysts’ price target is $140.32)
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Curated by Michael O'Reilly since 2020.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly

WPK is a North American producer of packaging materials based out of Winnipeg.  It is presently trading at under 2x book value on 15x earnings.  We like that cash reserves are growing while debt is being retired.  Analysts expect a 24% increase in earnings this year.  We recommend a stop-loss at $35, looking to achieve $55 -- upside potential of 30%.  Yield 0.3%

(Analysts’ price target is $54.97)
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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK
(A Top Pick Jul 14/22, Up 132.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $142) to $155.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 15/22, Up 48.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with NFLX is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $260) to $320.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 06/22, Up 47.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FIVE is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $160) to $183.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick May 05/22, Up 34%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with SBUX is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $88) to $100.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 08/22, Down 9.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with EA has triggered its stop at $114.  To remain disciplined we recommend covering the position at this time.

COMMENT

He's watching inflation and interest rates like everyone else. Maybe we're moving toward a more normalized world. Rates are doing their best to stem inflation, which is not demand-led by a supply-shortage-driven inflation. This will take time. Rates won't go down quickly and would be surprised there are any cuts by year's end. Fundamentals will remain very important--good earnings and balance sheets. Will be a volatile period, so be prepared.... Western markets don't want to be so dependent on China, but that will lead to inflation, because the west will buy fewer, cheaper Chinese goods.

BUY

Demand for sulfuric acid are rising a lot as European suppliers shut down their operations because of high energy costs. Their water division is recession-resistant. Overall demand for their products is good. He hasn't jumped into this yet, but shares are reasonably valued.

BUY

BN vs. BAM

He prefers holding the original Brookfield, whose discount to NAV is steeper than the asset management company. If you want exposure to infrastructure, utilities, etc. then he prefers BN to BAM.

BUY

A former top pick and he still owns it. Can understand frustration of shareholders. Shares have been edging up a but. The lifecos will return in a week or two. As China gets out of lockdown, those sales will pick up. Meanwhile, MFC is trading at a good valuation and the dividend is a good 5%. Get used to a big accounting change in lifecos that will change numbers, but that doesn't mean the underlying business has changed.

BUY

They just reported. The street likes their guidance. A former top pick of his and still owns it. It's well-positioned for the long term. There's a  huge different in their operating differential between Canada and the U.S. If they close that gap, their earnings will increase a lot. They just bought shares in a competitor, so maybe that's the first step in a full acquisition. Strong cash flow. They could increase their dividend, which is now modest, or increase buybacks.

BUY ON WEAKNESS

Excellent long-term record and well-managed. Shares have stepped back, so it's a buying opportunity.

WEAK BUY

When it was partly privatized, it gave investors an opportunity to receive a yield, which has been consistent around 4%. But they're constrained and can't easily raise rates, though rates have jumped in the past year. This is solid for the yield, but doesn't see capital appreciation given where interest rates are.