Latest Stock Buy or Sell? Make More Informed Decisions!

It went public in Nov. 2020, a time when anything EVs rallied. This jumped 50% when it IPO'd. Hype. Then, shortsellers called it a scam. The company hasn't made money or profits. No revenues. By late 2022, shares were obliterated along with many EV shares of this era like Lordstown Motors.

It takes time to build consensus in the market, but often that is baked into the price of stock(s). He's a big fan of index funds that track the S&P. It's perfect for retirements funds. It's hard to be an investor in  individual stocks; it's real work. You can gradually contribute with every paycheque over time. If you believe the economy will grow over time, you can park your money in an index fund.

The efficient markets theory is bogus. No, at any given moment, stock prices do NOT reflect all the relevant information out there. There are mistakes, mis-values and irrationality. But you can take advantage of these mistakes.

When there's a widely held consensus on a stock, assume it's already being discounted or reflected in the market, like investors fearing bad earnings season ahead so Wall Street already considers that as a reality.

When the fundamentals have changed, like missing a couple quarters. A third quarter can beat, and he kicks himself when that happens. But be disciplined.

Market strength only represented by handful of large tech names. 35% of YTD returns on S&P 500 have come from NVIDIA. Small & mid cap names are not getting traction in the broader markets. Average company stocks are not participating in the "bull market". Phenomenon of "indexing" by large amount of investors also increasing markets. Without A.I. and tech - believes markets would not be nearly as high. For example, many commodities are falling. 

Would not worry about currency hedge - complex trade with costs. Overall a good product if looking to get exposure to India. 

Good way to get exposure to healthcare. Quality name that is trading at fair price. 

Good option for dividend oriented investors. However, must be aware of tax implications. 

Will take change in government legislation for this stock to move up. Is a risky way to invest. Would recommend as a small portion of portfolio. 

Believes US Federal Reserve's main focus going forward will be on cooling inflation, and keeping employment numbers relatively high. Expecting J.Powell to fixate on employment numbers as inflation numbers trend down. Will be a delicate balance between inflation and employment. 

NTR mentioned it is turning to AI, and more so automation, to help with increased efficiency and reduce workplace injuries for its employees, and that it will spend $15 to $20 million per year over the next 10 years to make this a reality. We feel the market mostly ignored this as it seems to be more of the use of 'automation' rather than brand new AI tech, and for now the improved efficiencies are not quantified but the annual investment cost has been quantified by the company. 

The company is still in the bottoming process from its large decline over the past couple of years, and we would be OK slowly accumulating a position here, and seeing if price can hold in this mid-$60s range. 
Unlock Premium - Try 5i Free

For 2024, 2025 and 2026, 2027, 2028 EPS is expected at: $9.95, $11.17, $12.63, $14.34 and $16.64, for a five year growth rate of 67% (inclusive, not annualized). Sales for the same periods: $35.9B, $39.7B, $43.7B, $47.5B, $52.0B (growth 44%). Given its global market share position, blue-chip status and performance history, we would be comfortable buying today. A better price might be $235 if one wanted to time things and wait for a possible correction. 
Unlock Premium - Try 5i Free

NWC slightly missed EPS forecasts of 60c coming in at 57c. Revenue marginally beat estimates of $617.16M coming in at $617.5M displaying growth of 4% year-over-year. Same-store-sales growth was 3.8%. Adjusted profit increased 13% to $29.4M, from $26.1M last year due to due to gross profit and expense factors. It was a solid quarter for NWC displaying signicant EPS growth year-over-year that was largely in line with expectations. Over the last four quarters, sales growth was declining and margins were declining, but the most recent quarter shook off these issues. Being a consumer staples company, the bull case relies on strength of the consumer. If the company's target consumer becomes stronger paired with NWC opening more stores in target markets, it could see solid top and bottom line growth. On the flip side, the bear case is more conservative due to the defensive nature of the industry however, the stock has seen some big dips in March 2020 and June 2023 which are possible if sales/profitability meaningfully comes under pressure. We think it is a relatively safe company that trades at an attractive valuation, and pays a nice yield. 
Unlock Premium - Try 5i Free

Companyu Highlight: Metro (MRU):

Metro (MRU) is a leading food and pharmacy company in Quebec and Ontario. It operates a network of over 1,600 retail outlets in Canada. MRU operates food stores under different banners including Metro, Metro Plus, Super C, Food Basics, Adonis and Première Moisson, as well as drugstores under the banners Jean Coutu, Brunet, Metro Pharmacy and Food Basics. More specifically, the company operates 983 food stores across Ontario and Quebec, and 640 pharmacies across Ontario, Quebec, and New Brunswick. The company also has a strong buyback program in place, and it has a good track record of solid organic revenue growth.
Unlock Premium - Try 5i Free