Today, Bruce Murray and The Panic-Proof Portfolio (Stockchase Research) commented about whether TVK-T, PMZ.UN-T, ONEX-T, EQX-T, LNR-T, BMW-GR, POW-T, NFLX-Q, DIS-N, AC-T, NKE-N, ATZ-T, TOU-T, NGT-T, ARM-Q, ATD-T, FRU-T, MDI-T, QCOM-Q, TMO-N, NTR-T, ALA-T, ET-T, NVDA-Q, AMZN-Q, SHOP-T, MFC-T, SLF-T, QCOM-Q, AVGO-Q, DELL-N, MU-Q, BBD.B-T, ENB-T, CPX-T, NPI-T are stocks to buy or sell.
Nice fat dividend yield of almost 6%, which grows 7-8%. Solid story. He worked with the CEO years ago. IGM is doing better in the US, and GWO has always been one of the better companies. PE should rise from 8x to 10-12x when interest rates come off. Yield is 5.86%.
Trades at about a 25-30% discount to NAV. Low-risk play with upside potential.
Trades at 6x earnings. Even through pandemic, increased production and sales slightly. Upper-end brand name. Consumer's down and so is China, but you'll see activity once that turns. Wealthy in China are still increasing, and that's a big market for them. EV offering is better than TSLA's. Yield is 7.26%.
(Analysts’ price target is $44.70)The high-end electronic Mercedes has an LNR electronic axle. Trades at 6x earnings. SkyJack is a dominant global business, opening plants in China and Mexico. Expansion possibilities, especially in EMs. Diversified. Company projects 10-15% earnings growth for the next several years. Will probably do a big share buyback. Yield is 1.62%.
New CEO has been at the company 30 years. He gives straightforward answers and knows his stuff.
Metrics say it should trade at $35. Depressed because everyone's in the Magnificent 7. Plus, everyone feels we're going into a recession, which he doesn't believe. So it's not fundamentals, it's attitude. Once that sentiment turns, enthusiasm for this stock will come back.