Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Gavin Graham and The Panic-Proof Portfolio (Stockchase Research) commented about whether INTC-Q, AX.UN-T, WEF-T, L-T, NPI-T, PFE-N, BNS-T, PSI-T, DFY-T, AEM-T, TECK.B-T, TOU-T, CJR.B-T, CPX-T, ADM-N, MFC-T, SYK-N, BTE-T, PAAS-T, RPI.UN-T, GSK-N, TRP-T, CVS-N, T-T, IFC-T, IR-N, NVDA-Q, MMM-N, AC-T are stocks to buy or sell.
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They've been buying a lot, such as Kirkland Lake Gold a year ago, and Yamana Gold (and a mine in Quebec). Up 28% over 5 years. Pays a 3.5% dividend. Huge runway for growth even if the price of gold doesn't move. Gold hasn't appreciated and has been flat, but it isn't correlated to bond yields. Owns great properties and two big deals to digest.
(Analysts’ price target is $83.30)A small-cap that supplies information to oil/gas-drillers. Shares tanked when drilling ceased during early Covid, but have rebounded. They hold $200 million cash in the balance sheet, which is how they survived. Drilling levels have returned to 2015 levels. They have endured. Earning are way up and commands strong market share in Canada with some in the U.S.
(Analysts’ price target is $20.25)
Premium contentWe again reiterate this large Canadian chartered bank as a TOP PICK. Recent earnings missed analyst expectations due to rising capitalization requirements. We have confidence with their strategy going forward as they are still demonstrating growth in cash reserves while retiring debt and buying back shares. We continue to recommend a stop loss at $63.00, looking to achieve $78.50 — upside potential over 15%. Yield 5.6%
(Analysts’ price target is $78.33)Premium contentWe reiterate PFE as a TOP PICK. With a ROE of 36% and trading at 7x earnings this is good value here. The company expects to hear soon if its RSV vaccine will get approval as one of the first available for people over 60 years of age. Cash reserves continue growing while the company retires debt. It pays a nice dividend, backed by a payout ratio un 30% of cash flow. We continue to recommend a stop-loss at $35, looking to achieve $52.50 - upside potential over 28%. Yield 3.9%
(Analysts’ price target is $52.52)Premium contentWe again reiterate NPI, and independent power producer with assets worldwide, as a TOP PICK. Recently reported earnings beat expectations as revenue grew 17% and net income tripled. Cash reserves grew substantially and were added by additional shares being released. Combined, this allowed debt to be aggressively retired. We continue to recommend a tight stop at $31, looking to achieve $47 — upside potential of 41%. Yield 3.6%
(Analysts’ price target is $47.00)Premium contentPremium contentPremium contentPremium contentOur PAST TOP PICK with INTC has triggered it stop at $25. To remain disciplined we recommend covering the position at this time. This will result in a net investment loss of 9%, when combined with the previous buy recommendation.
It should benefit from food inflation.