Today, David Burrows commented about whether UPS, BCE.TO, TD.PR.T.TO, BTE.TO, DLTR, IFP.TO, HGA.TO, ADBE, NXE.TO, RY.TO, ATS.TO, AAPL, COST, ENB.TO, SLF.TO, UNH, CME, BNS.TO, BBD.B.TO, INTC, CNQ.TO, IMO.TO, AGI.TO, JPM, TRI.TO, GS, FCX are stocks to buy or sell.
Remains bullish on markets. Markets have had consistent gains since October 2023. Markets appear to be strengthening outside of big tech. Companies with high dividends tend not to growth as much - would rather slow & steady dividend growth (to keep up with inflation. With rising interest rates, important to screen companies that are sensitive to this. Energy, materials & industrial sector's are presenting large amounts of opportunity (Price/Cash Flow very low).
Excellent company. One of top ten holdings. Likely to have 20% dividend growth going forward. Believes energy sector at the beginnings of a bullish trend. Expecting further growth for the company going forward. Would recommend holding for 5-10 years. Excellent long term investment. Price target = $113. Very strong management team.