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This is a Panic-proof Portfolio opinion which is available only for Premium members

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

We reiterate ING as a TOP PICK.  Their share buyback program has achieved almost 90% of its target.  It trades at 8x earnings, under book value and supports a ROE of 14% (good for a bank).  It pays a nice dividend, backed by a payout ratio under 35% of cash flow.  It has been prudently using some cash reserves to aggressively retire debt and buy back shares.  We continue to recommend a stop at $12.50, looking to achieve $19 -- upside potential of 35%.  Yield 5.3%

(Analysts’ price target is $19.62)
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

NYCB is the second largest multi-family portfolio lender in the US, it trades at 8x earnings, under book value and supports an ROE of 30%.  We like that cash reserves are growing, while retiring debt and buying back shares.  It pays a good dividend, backed by a payout ratio under 20% of cash flow.  We recommend a stop-loss at $10, looking to achieve $15 -- upside potential over 21%.  Yield 5.6%

(Analysts’ price target is $15.34)
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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

Trading at 5x earnings, under book value and with an 18% ROE, CSIQ is a TOP PICK.  The 22 year old Guelph Ontario solar manufacturer recently reported earnings that doubled over year ago levels and a 39% increase in revenues.  We recommend a stop-loss at $21, looking to achieve $41 -- upside potential of 49%.  Yield 0%  

(Analysts’ price target is $41.08)
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

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 Jul 13/23, Up 17.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with CNQ has achieved its target at $90.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $70) to $75.  

COMMENT

It's important to hold a diversified portfolio. In 2022, stocks and bonds both declined, which is unusual. During inflation, stocks and bonds start to move together instead of moving separately, and this increases portfolio volatility.

BUY

Holds high-quality US stocks that pay yields, stocks that Warren Buffett would hold. Add an option overlay which generates tax-efficient cash flow. Yield is 6.35% and MER 0.37%. Holds classics like Nvidia and Alphabet and T-bills. It also sells puts which can be good or bad. Overall, this is good if you want yield and quality US stocks.

BUY

Base metals ETF?

Base metals are economically sensitive, but there is long-term demand for them. XBM holds larger-cap stocks like First Quantum, Rio Tinto and Freeport-McMoRan. 50% of this ETF are the biggest names.

BUY

Base metals ETF?

An equal-weighted ETF including Hudbay, Lundin and First Quantum as the top holdings or 20% of the portfolio. Diversified and includes some smaller-cap names.

BUY

Base metals ETF?

Uranium prices have been on a tear. This holds small- and large-cap uranium stocks.

BUY

Holds all Canadian bonds--federal, provincial, corporate. All quality bonds. Start here if you want bond exposure.

PARTIAL BUY

If you want inflation protection and bonds. They take the CPI and add a spread. It's about inflation expectations. So if they're robust, they're already reflected in the bond price, then you won't see a big pop in the ETF price. Conversely, if they're underpriced, this ETF can perform. Real return bonds have struggled. Own this in a registered account to avoid tax headaches. You should own real return as well as nominal bonds. But don't go all-in in real return bonds.

PAST TOP PICK

(A Top Pick Apr 03/23, Down 2%)

Highly diversified among semis, which has seen a wild ride in recent years. Even Buffett sold his position in Taiwan Semis. Are many geopolitical uncertainties. XSD is fine; it's not overexposed to darlings like Nvidia and reduces risk. It remains a hold, but there are other ways to play AI. Feels a little disappointed by this.

PAST TOP PICK

(A Top Pick Apr 03/23, Down 4%)

You should hold gold as a hedge against inflation and helps with currency devaluation. Gold suffers when real returns are higher, like now. You should accumulate this now during weakness. KILO is reliable and good for gold exposure.

PAST TOP PICK

(A Top Pick Apr 03/23, Up 26%)

This is the hedged version (the Yen hedged to USD), a good thing. So, as the Yen declines, Japanese companies grow more attractive. He remains perplexed about investor apathy towards Japan.

BUY

The original gold ETF. It tries to hold physical gold, which is a good hedge against currency devaluation, inflation spikes and general uncertainty. Gold is struggling now, but it's a good time to buy this during weakness.