WATCH

Well positioned in the space. Extremely low valuation for the good market share it has in both Canada and the US. Getting to levels where it would be a buying opportunity.

BUY

Likes the energy sector, this is a great name within it. Attractive valuation. If you believe in decent energy demand and oil prices moving higher, which he believes, a name to add to your portfolio. Yield is 6.5%.

WEAK BUY
Dividend sustainable?

Valuation probably attractive enough to add now as a value play. Seasonally, expects demand to improve. That being said, have to be careful of the high yield, as it can disappear. Can't say dividend is rock-solid. Yield is 9.5%, some risk.

BUY

Lower rates will be favourable to it. Valuation should probably improve over remainder of the year and into 2025. Decent upside for growth, dividend safer than some higher ones. Yield is 5.5%, not excessively high.

BUY ON WEAKNESS

Some say that pent-up demand from pandemic is done. However, he thinks there's still some gas left in the tank. Consumers still want to get out. Stock's been extremely choppy. Well run, great management.

Don't buy at these levels for the long term. A play over the next 2-3 years on the premise that economy will not fall into recession and discretionary service products can still stay afloat.

WATCH
Does today's 30% drop qualify as a stock to buy when "blood in the streets"?

Valuation's today are quite attractive, may be low enough to take a bite. Not worried about US economy, it's in decent shape, and that includes all levels of income.

HOLD

Unique aspect is it's not just for people with lower incomes. Attracts all types of income earners who just want to save a few bucks. Management has been a large part of its success.

TOP PICK

Growth of AI has both positive and negative repercussions. Increased demand for cybersecurity will remain. Diversified way to play the space. CRWD is not one of the top holdings. Way to play the AI space without going after MSFT or NVDA.

TOP PICK

Bought this in the summer as a value play. It was trading well below its fundamental value. Less economically sensitive. Despite recent falters, still likes it and its valuation. Leader in the group. Yield is 2.3%.

CAD is trading at what he thinks will be the low part of a historical range; over next 5 years, should improve back toward 80 cents. Means that buying US stocks in USD injects currency risk. If both the CAD and the stocks go up, it negates the return.

TOP PICK

Buying the dip. The bottom came out of the group recently, and people abandoned the thesis. But it was just a short-term aberration. Solid company. AI buildout just gets better for this company. Yield is 0.7%.

If he's going to get decent growth on this stock, doesn't want it negated by any movement in the CAD going higher. So he's using the CDR.