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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

UNP is Warren Buffet's  2nd favorite railroad to own (he owns BNSF).  It has paid its dividend for 125 consecutive years.  It is prudently using some cash reserves to aggressively retire debt and buy back shares.  It trades at 9x earnings and supports a ROE of 45%.  The dividend is backed by a payout ratio of 50% of cash flow.  We recommend setting a stop-loss at $207, looking to achieve $268 -- upside potential over 17%.  Yield 2.2%

(Analysts’ price target is $267.82)
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

In a time of growing global agricultural demand, DE is well positioned.  It has invested $2.2 billion into research for innovations that allow farmers to reduce input costs and their environmental footprint.  It trades at 15x earnings and supports a robust 41% ROE.  We recommend setting a stop-loss at $320, looking to achieve $425 -- upside potential of 60%.  Yield 1.5%

(Analysts’ price target is $425.94)
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

We again reiterate this low MER ETF as a great way to hold cash within your portfolio.  It holds capital in deposits with Schedule 1 banks and offers a high interest yield - great for holding within registered accounts.  This is not a holding to generate massive capital gains - just one to park your cash.  Yield 5.0%

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 Jan 23/24, Down 30.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LSXMA has triggered its stop at $21.50.  To remain disciplined, we recommend covering the position at this time.  

COMMENT

He expects a lot of ups and downs. He's surprised the market is up this much so far this year. The year began with 6-7 rate cuts and not now it's maybe 2 for Canada. Great that shares are up, but we're ahead of their skiis. He expects a pullback though earnings have been good. In recent days, economic data has been weaker than what the market expected. In Canada, sectors like telcos and utilities will respond to a Bank of Canada rate cut and overall a good signal. Buy those on sale now. He sees 1-2 cuts this year in Canada; too many cuts will weaken the Canadian dollar against the USD. Oil: that's driven by OPEC cuts and doesn't effect the CAD as much as interest rates. Oil stocks are on sale here; the transition to renewables will take longer than we expect. Oil and natural gas will enjoy good demand.

BUY ON WEAKNESS

It's been beaten up. Offers good growth with new acquisitions coming on. It's on sale now.

BUY

Profitable. They have the product and content, so their recent price increases will succeed. Their customers are hooked, faithful. Good cash flow and good subscription revenue.

COMMENT
Buy REITs on an interest rate cut?

On a rate cut, buy residential, not commercial, and maybe industrial.

BUY
Effect of reduced merchant fees

Minimal, and almost negligible in the long term. Both Mastercard and Visa will make up for this due to their large volumes of transactions. Expect more transactions using credit and debit cards, as well as cross-border travel. Both benefit from the shift to a cashless society.

BUY

A controversial stock, because the cigarette business is hated. But you're paid 8.4% to wait and shares will apprecicate.

BUY

The shares' 30% drop is extreme. This is a growth-by-acquisition story, and this number has fallen a little. During Covid, labour costs rose and their were insurance issues about reimbursements. But cars now use more technology, which leads to higher accident repair bills to fix cameras, sensors, etc. This means they can grow more organically.

BUY

He wished he owned it. They will benefit from infrastructure projects, a neglected area. They have a nice runway ahead. WSP has taken over the acquisition crown from SNC, and lower interest rates will help.

COMMENT
BBU vs. BN

Own BN, because it's the mothership; everything flows to them. BN has been under pressure for owning office real estate, which is very undervalued and will take time to resolve. They own a big stake in BAM, which is the gem in this lot, because BAM collects healthy fees which flow to BN. BBU doesn't enjoy this.

STRONG BUY
BBU vs. BN

Own BN, because it's the mothership; everything flows to them. BN has been under pressure for owning office real estate, which is very undervalued and will take time to resolve. They own a big stake in BAM, which is the gem in this lot, because BAM collects healthy fees which flow to BN. BBU doesn't enjoy this.

PAST TOP PICK
(A Top Pick Jun 01/23, Up 21%)

See his comments about Mastercard. A big growth factor is cross-border travel, which is not going away. They make a lot of money here.  The valuation has declined a but, though a little expensive, but this stock is top quality. A long runway ahead.