Today, The Panic-Proof Portfolio (Stockchase Research) and Jamie Murray commented about whether NWH.UN-T, EADSY-OTC, LLL-T, ATD-T, TRP-T, CVE-T, TWM-T, PFE-N, CLS-T, SHOP-T, NKE-N, AC-T, AVGO-Q, TMO-N, CPX-T, TA-T, BNS-T, TD-T, BMO-T, V-N, MA-N, HEI-N, BIR-T, ARX-T, TOU-T, GRT.UN-T, UBER-N, OVV-T, MELI-Q, NTES-Q, STCN-Q, NCSM-Q, URB-T are stocks to buy or sell.
He's been expecting--and is positioned for--interest rate cuts. Powell is set to do this in September. He's a long-term bull and cuts will boost the forgotten stocks of the last 18 months. Megatech still has great value (i.e. Microsoft, Apple) at decent multiples. Nvidia's report will be influential, of course. He's bullish utilities and REITs. The market has been expecting a wider slowdown for 2 years, but the decline in inflation is allowing banks to cut rates and re-stimulate demand.
They refocused operations on the Montney and are pushing strong into the US (Utah, the Permian Basis). It's been rangebound like all energy stocks since 2022, but the free cash-flow yield is a high 15%. They have quality assets, but are in no-man's land (changing the company name and pushing in the US) and not a focus for Canadian energy investor and lacks the scale of US peers. That said, is a good operator run by a good CEO. Not his preferred energy name.
Benefiting from lower interest rates, rising 10% in the last 1.5 months. Industrial REITs were strong during the pandemic and are slightly softening now. Doesn't follow this name much anymore, but the rising tide of lower rates will lift REITs. Magna remains a key tenant, but GRT is slowly untethering from Magna.
Both are the gold standard in nat gas. TOU slightly underperforms. Valuations of both are stretched. ARC has done well with some projects that were brought onstream. Owns TOU now, and Arc in the past. Both are good to buy and will perform. The price of nat gas is low, so this will benefit will the price rises.
Both are the gold standard in nat gas. TOU slightly underperforms. Valuations of both are stretched. ARC has done well with some projects that were brought onstream. Owns TOU now, and Arc in the past. Both are good to buy and will perform. The price of nat gas is low, so this will benefit will the price rises.
Apart from the most recent earnings, the street loves this name. Selling plane parts, it benefits from the shortage of new plays and increased plane repairs. They have mini-monopolies on these parts and is pushing prices aggressively, a good business model. The valuation has run up, though. He isn't looking at this now. Prefers Raytheon for its performance. You're fine to keep holding it though.
Prefers Mastercard for its higher growth rate over the last 5 years. Visa sees more regulatory challenges in the US and UK, and are more exposed to debit cards which is seeing regulation pushback on those fees. MA is more exposed to European markets where the cash-to-card conversion is still going, offering growth. Both companies enjoy great margins and are layering on extra services. A slowing consumer may slow growth rates from 12% to 8-10% in revenues, a slight, but not major headwind.
Prefers Mastercard for its higher growth rate over the last 5 years. Visa sees more regulatory challenges in the US and UK, and are more exposed to debit cards which is seeing regulation pushback on those fees. MA is more exposed to European markets where the cash-to-card conversion is still going, offering growth. Both companies enjoy great margins and are layering on extra services. A slowing consumer may slow growth rates from 12% to 8-10% in revenues, a slight, but not major headwind.
URB invests in private equity and debt and holds mining interests in Quebec. The mining interests are carried at zero valuation in their books. There are new investors in the area, so there could be good upside from this asset. The shares trade at 2x earnings and under book value, while supporting a 28% return on investment. We recommend setting a stop-loss at $4.50, looking to achieve $6.50 -- upside potential over 28%. Yield 2.3%