Today, Brian Belski and John Zechner commented about whether OTEX-T, GM-N, COST-Q, TD.PR.T-T, BRCM-Q, BTE-T, AP.UN-T, BNS-T, CNQ-T, TIXT-T, PYPL-Q, AMZN-Q, PFE-N, RCI.B-T, VRN-T, TXG-T, CPX-T, MDA-T, PANW-N, QCOM-Q, LULU-Q, NKE-N are stocks to buy or sell.
US political situation not a major concern for investors - retail investors should focus on buying quality companies. Cooling inflation numbers pointing towards strength in the markets. Overall, markets are pointing towards strength. However, there are some weak spots in the market with recent weakness in retail companies like Nike. Without strength in "Big Tech" names, could be weakness in the US Economy for the second half of the year. Consumers are facing headwinds even with cooling inflation numbers - will be interesting to see how this plays out. Bankruptcies and credit card defaults are up which is another sign that points to weakness. Expecting strength in under valued sectors like energy in the not too distant future. Will see broader market strength at some point in the future - especially with falling interest rates.
Recent winning of billion dollar space contract from Canadian government very profitable. Stock performing very well the past few years. Demand for products remains strong, at a profitable rate. Expecting further growth in the years to come. Stock price under valued in relation to peers. Would recommend holding for the long term investor.
Fits into defensive thesis. Current valuation very low - great time to buy. Demand for stable electricity very high. Reliable dividend rate (~6%) is good for yield investors. New A.I. data centers will ensure demand for product. Good for long term investors. Strong management team. Business will be benefited with falling interest rates.
Expecting further gains from gold. Gold stocks have not followed run up in gold, which presents buying opportunity. Discount to net asset value, and low cash flow multiple good for margin of safety investors. Mines located in Mexico have a lot of opportunity - lots of gold to produce. Expecting to maintain ~450,000 ounces of gold production going forward.
Will continue to own. Rising interest rates were not good for the business. However, falling interest rates will be good for the business. Population growth in Canada good for the business. Trading at cheap valuation. Generating strong free cash flow, with ability to raise dividend. Would recommend holding.
Has just added more shares and owned this while, despite shares lagging in recent weeks. It's well-positioned considering Apple. Also, it pays nearly a 2% dividend. Will buy more if this pulls back.