BUY

Very strong business with defensive properties and diversified assets. Dividend very safe. Management continues to buyback shares. Expecting dividend to rise. Company starting to get support from institutional investors. Expecting NAV discount to narrow. Good time to invest. 

BUY

Large defensive budgets will increase profits for company. Global tensions will create demand for products. Good time to invest in company. 

RISKY

Doesn't fall company closely. Gold prices very strong (all time high), but company hasn't moved upwards with strong gold prices. Risky company with shaky assets. Better options available for gold investors in royalty companies. 

BUY

Commodity strength will be good for business. Top Canadian railway pick. Excellent business with strong business fundamentals. Core holding in portfolio. Will hold for long term. 

BUY

Great Canadian company that is core position in portfolio. Excellent management team with strong capital allocation skills. Expecting many years of growth. Valuation has come back to fair levels. Would recommend buying shares in company. 

BUY

Stock performing very well. Compared to peers in sector - not as highly valued. Excellent management team that is executing well. Single digit P/E multiple with further growth ahead - great for investors. 

BUY

Excellent business within alternative lending space. Online business very strong. Trading at low multiple - good entry place for investors. Expecting loan book to expand. Good name at reasonable valuation. 

HOLD

Large exposure to commercial loan portfolio. Overall, a quality business that can weather economic storm. If interest rates rise will determine future of business. If interest rates fall - will be good for business. 2025/26 mortgage renewals will be interesting to watch. Would recommend holding shares in company. Would recommend investors "hold". 

BUY

Specialty insurance company with large US book. Volatile stock, but will continue to hold shares. Well run company. High growth company. Insurance lines can product write downs, but management teams learning from mistakes. Expecting growth multiple to grow. Expecting all time stock highs going forward. 

BUY

Excellent business with strong array of assets. Would continue owning shares in company. Not expecting interest rates to affect business too much. Parent company able to fund any projects that are required. Good for long term investors. 

BUY

Very strong company with high margins and cash flow growth. Capital allocation skills very strong. Re-investment into the business allows company to compound company at a high rate. Would recommend investors buy. 

STRONG BUY

Shares are rising this morning after reporting a solid beat. He never felt like this stock went away or slumped. He always believed in it and its CEO. They identified their mistakes and corrected them. Are best in breed.

SHORT

Is shorting the QQQ as a hedge. The VIX has moved up a lot in recent weeks.

BUY ON WEAKNESS

Their foundry reported a $7 billion loss. That's major, but will pick up business. That's why he bought it. 

DON'T BUY

Trades at 90x PE and is declining on nearly every metric. GM trades at 4.7x PE. Tesla is not a growth company anymore.