Today, Paul Harris, CFA and The Panic-Proof Portfolio (Stockchase Research) commented about whether GCT-Q, PSI-T, NOG-N, FMC-N, APA-N, GOOG-Q, MSCI-N, NVO-N, MG-T, CNR-T, NKE-N, LULU-Q, ABNB-Q, MTL-T, JNJ-N, TD-T, BAC-N, POW-T, RY-T, BMO-T, CNQ-T, TOU-T, DEO-N, SHOP-T, QSR-T are stocks to buy or sell.
Great company. Regulatory environment keeps changing on them because of the housing shortage in lots of places. Post-Covid travel explosion helped, but now slowing and that hurts. Competitors are taking their own game up a bit. When travel normalizes would be the time to take a look, as expectations will be more realistic.
Great business, likes rails. More environmentally friendly than trucking. Almost an oligopoly, can't build more rails. Falling because of a difficult commodity cycle, plus it's a cyclical in the face of slower economic growth. Worth buying at these levels. Executes well. Price competition with competitors no longer as cutthroat.
Index grader, risk management around benchmarking, analytics. Only 3 big players. Money managers need to use an index. 80% gross margins, 53% operating margins. Cashflow machine. Going into other asset classes such as real estate. Pricing power has flattened. BlackRock is one of its largest clients, a risk. Yield is 1.2%.
(Analysts’ price target is $597.29)Trades at 20x earnings. Has 30% of the digital ad market. YouTube has ups and downs, but it's growing and people are using it more aggressively such as for DIY projects. Yield is 0.5%.
Will appeal DOJ ruling. Search is an important part of how we live our lives today. Cheap, great business, great margins.
Great story, he's held for a long time. Lots of growth ahead in pharma and medical devices, can make acquisitions. Very defensive. Well run. Talcum powder issues are behind them.