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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

After announcing positive reports in two important autoimmune drugs, we again reiterate ROIV as a TOP PICK.  It trades at 2x earnings, under 2x book and supports a robust return on equity.  We like that cash reserves are growing, while debt is retired.  We recommend trailing up the stop (from $9:50) to $10.50, looking to achieve $16.00 -- upside potential of 28%.  Yield 0%

(Analysts’ price target is $17.06)
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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 VEON as a TOP PICK.  The company provides mobile and internet service to 160 million European customers, including providing important infrastructure in Ukraine.  We like that cash reserves are growing, while debt is aggressively retired.  It trades at 2.2x book, 7x earnings, and supports a 36% ROE.  We continue to recommend a stop at $25, looking to achieve $38 -- upside potential of 31%.  Yield 0%

(Analysts’ price target is $38.00)
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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

With inflation pressures beginning to ease and interest rates plateauing, we again reiterate MRC as a TOP PICK.  Management sees resiliency in commercial and multi-family properties going forward.  It trades at 6x earnings, under book and the company has built cash reserves, while aggressively retiring debt.  We continue to recommend a stop at $103, looking to achieve $140 -- upside potential of 17%.  Yield 0.5%  

(Analysts’ price target is $140.00)
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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 Jul 23/24, Up 21%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with RNR has achieved its target at $268.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $208) to $230.

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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 04/24, Up 11.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with UNP is progressing well.  To remain disciplined, we recommend trailing up the stop (from $207) to $230 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 Nov 14/23, Up 11.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MRD is progressing well.  To remain disciplined, we recommend trailing up the stop (from $10.75) to $12.00 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 Aug 13/24, Up 10.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GDEN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $24) to $28 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 Feb 01/24, Up 10.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with NWN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $33) to $37 at this time.  

COMMENT

What's key to a soft landing is that the US economy is holding market up and the job market fairly constructive. In Canada, the inflation number was also good. The risk to the market is that we don't get a soft landing. The market has priced in a soft landing already, possible but unlikely. AI will probably take us to places we can't imagine, just like old mainframe computers did and some lacked the imagination to see their potential.

DON'T BUY

They manage $1.47 trillion in assets, 40% being passive ETF investing. Margins are tepid at 15%. Trades at 8x EBIT, average for an asset manager. But Blackrock's margins are nearly double, though their multiple is higher (it's worth it)

BUY
Invesco question

Blackrock's margins are nearly double Invesco's, though their multiple is higher (it's worth it)

BUY

Berkshire is selling some of their shares, a big holding, but doesn't know why. (Is Berkshire raising cash?) Trading at an historical discount in terms of book value and earnings. Banks are heading to a good place because the yield curve is normalizing as rates fall.

DON'T BUY

Wait. Don't enter this now. Wants to see more clarity. Shares are climbing after a long malaise and they have a new CEO. But hey have legacy problems with a chemical and a huge lawsuit, and the noise suppression technology lawsuit. These types of companies do turn around, but he'd rather pay more for more certainty.

BUY ON WEAKNESS

They remain the stop streaming. They had a head start producing company which is their moat. Other streamers like Disney+ are a distant second. But doesn't know what price to buy at. The PE needs to be a lot lower, though. Loves the company, not the stock.

BUY

The leader in cybersecurity, used by many Fortune 500 companies. He bought more on the recent drop following the major outage they caused. He will hold this long term, though the PE is high.