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QQQ vs. XQQ

NASDAQ is primarily tech companies, and you pay up for that. Growth rate for a lot of those companies is strong. But he sees the market broadening out to other sectors. As the economy and the monetary environment improve, we'll see industrials and financials improve. We might even see some rotation.

The US version of a US-stock ETF will always be cheaper. For QQQ, you're paying 20 bps; XQQ is 39 bps, almost double. XQQ is hedged, which hasn't helped you, might help you going forward but doesn't see CAD having a big push against the USD. He'd prefer QQQ, but be cautious on tech at this point.

HOLD

At a pivotal point on the technical charts. Based down early this month and just moved up to 200-day MA, which is falling. If it can break that, it's positive for the stock. Really great dividend of 5.76% is fairly safe. If you're patient, it's OK. Stronger growth companies in healthcare, such as weight loss and diabetes. 8% growth rate.

TOP PICK

Behemoth, not a lot of serious competition. Dominant in e-commerce, digital streaming. #1 in cloud, with 32% market share. Becoming dominant in AI. Digital ad business has very high margins and is scaling very quickly. Very strong balance sheet and cashflow, giving it flexibility. No dividend. 

AI strategies being applied across the board. Technically, clear uptrend. Outpacing broader S&P index. 30% growth rate going forward.

(Analysts’ price target is $220.30)
TOP PICK

Leading wine, beer, and spirits. Safe choice. Favourable consumer trends, including moving towards premium offerings. Strong cashflow, will continue buybacks. 11% growth rate. Down 10% from recent highs, chance to buy. Yield is 1.6%, recently raised by 13%.

(Analysts’ price target is $298.80)
TOP PICK

Favourable secular trend shifting from cash to electronic. Growth of e-commerce. Increasing adoption of mobile payment. Consumer spending and global trade continues to grow. $11B share buyback. Down about 10%, an opportunity. Yield is 0.6%.

(Analysts’ price target is $516.50)
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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

As the Canadian central bank has begun to reduce interest rates, preferred shares should benefit.  We reiterate SLF.PR.D as a TOP PICK.  The parent corporation has been prudently using some cash reserves to retire debt and buy back shares.  The parent trades at 13x earnings, 1.7x book value, and supports a 13% ROE.  We recommend maintaining the the stop at $17.00, looking to achieve $25.00 -- upside potential of 30%.  Yield 5.8%

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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

As the Canadian central bank has begun to reduce interest rates, preferred shares should benefit.  We reiterate CCS.PR.C as a TOP PICK.  CCS holds $58 billion in assets and has served the Canadian market for 78 years operating as a multi-line insurance cooperative and these preferred shares offers a great yield.  We continue to recommend a stop at $17, looking to achieve its par value of $25 -- upside potential over 30%.  Yield 6.5% 

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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

As the Canadian central bank has begun to reduce interest rates, preferred shares should benefit.  We reiterate PWF.PR.E as a TOP PICK.  The parent company POW recently reported EPS increasing by 138%.  Cash reserves at the parent are growing, while debt is retired and shares bought back and their stock trades at 10x earnings and 2x book value.  We continue to recommend a stop at $19, looking to achieve $25 -- upside potential of 16%.  Yield 6.4%

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 Feb 23/23, Up 25.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TMUS has achieved its target at $180.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $135) to $159.