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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

We reiterate FLEX as a TOP PICK.  With AI driving the demand for data centre growth, FLEX power products and services cover 80% of a data centre's needs.  It trades at 14x earnings, 2.2x book and supports a 16% ROE.  Recently reported earnings beat analyst expectations by 7% on revenue and over 40% on EPS.  The company has been prudently using some cash reserves to aggressively buy back shares and retire debt.  We continue to recommend a tight stop at $25, looking to achieve $37 -- upside potential of 29%.  Yield 0% 

(Analysts’ price target is $37.64)
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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

We again reiterate this direct lender to individuals, as a TOP PICK.  It trades at 20x earnings and supports a 33% ROE.   The company is prudently using some cash reserves to retire debt.   Recently reported earnings showed a 77% increase in net income and a record level loans that had grown by 39%.  We continue to recommend a tight stop at $20, looking to achieve $32 -- upside potential over 26%.  Yield 2.2%  

(Analysts’ price target is $31.88)
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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 management just boosted its income guidance after 2nd quarter results beat expectations with strong results in retail and wholesale divisions, we reiterate ING as a TOP PICK. The company is prudently using some cash reserves to aggressively retire debt.  It trades at 8x earnings and right at book value.  We recommend maintaining a tight stop at $15.50, looking to achieve $20.00 -- upside potential of 19%.  Yield 6.6%   

(Analysts’ price target is $19.84)
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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).

PAST TOP PICK
(A Top Pick May 30/24, Down 13%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GPRK has triggered its stop at $9.  To remain disciplined, we recommend covering the position at this time.  

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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).

PAST TOP PICK
(A Top Pick May 28/24, Down 19.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with UAL has triggered its stop at $41.  To remain disciplined, we recommend covering the position at this time.  

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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).

PAST TOP PICK
(A Top Pick Jun 29/23, Up 44.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with RY.PR.H has achieved its target at $25.  To remain disciplined, we recommend covering half the position at this time.  

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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).

PAST TOP PICK
(A Top Pick Feb 23/23, Up 32.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with TMUS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $159) to $169 at this time.  

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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).

PAST TOP PICK
(A Top Pick Jun 13/24, Up 30.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with AEM is progressing well.  To remain disciplined, we recommend trailing up the stop (from $86) to $92 at this time.  

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 Apr 11/24, Up 22%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with AMGN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $260) to $294 at this time.  

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 Apr 11/24, Up 17.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GEN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $20) to $23 at this time.  

COMMENT

The Mag 7 has recently seen a 20-25% decline and you should take some money off the table. Also, take losses on stocks that haven't executed and move on. This is regular portfolio management. It's too early to call a major correction or buying opportunity; wait for direction. Have cash reserves so you can play weakness. Ex-the top 10 S&P names, it's been a recessionary environment; look at telcos, pipelines and staples trading at elevated yields, while valuations for tech have been highly stretched. Did the market get ahead of itself, and how long can that last? He's long talked about a bifurcated market. He isn't ready to go full-in to this market, but being cautious.

DON'T BUY

It did very well in 2020 when strong demand with big profits in 2021, but a lot of giveback after that. It's a good company, but he doesn't find their hardware segment attractive.

SELL

They don't make a lot of profit. Cut it and move on. Take a tax loss.

BUY

He hears that more AI use needs more energy and therefore more energy from utilities, but heard this noise in 2020 that higher internet use would drive utility demand. He doesn't totally buy into that, but he likes Fortis' dividend in a market where interest rates continue to decline. Dividend stocks will continue to rally. Likes this long term.

BUY ON WEAKNESS

Like the other semis, TSM is now seeing profit-taking. It's best of breed in semis and is well-positioned going forward. Samsung is another choice, which he thinks has better growth.