Latest Stock Buy or Sell? Make More Informed Decisions!
Today, The Panic-Proof Portfolio (Stockchase Research) and Stephen Takacsy, B. Eng, MBA commented about whether AFN-T, PBL-T, QTRH-T, BYL-T, ATD-T, GIB.A-T, NEO-T, CLS-T, T-T, RCI.B-T, VLN-T, MDF-T, SIS-T, EXE-T, CSH.UN-T, PPL-T, MDA-T, LEGACY_SAXON-T, PPL-T, EMP.A-T, DWS-X, MDA-T, RCH-T, TA-T, SLM-Q, SHLE-T, INSW-N are stocks to buy or sell.
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We reiterate SHLE, a frac sand distributor as a TOP PICK. The company recently announced a partnership with Trican Well Service to develop a world-class storage facility in NE BC, capable of receiving unit trains -- this should make it a key player in the development of this region. It trades at 4x earnings and under book value. We recommend trailing up the stop (from $9.50) to $10.50, looking to achieve $15.00 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $18.50)As unemployment rates for the over-25 college group declines, we reiterate SLM as a TOP PICK. This trend will encourage future enrollment in student loans for the next several quarters, analysts report. We like that debt is aggressively being retired, while cash reserves continue to grow. It trades at 8x earnings, 2.4x book and supports a 36% ROE. We recommend maintaining the stop at $17.50, looking to achieve $26.00 -- upside potential of 19%. Yield 1.9%
(Analysts’ price target is $26.60)He recently sold it around $44, buying earlier around $35-39, because their latest results disappointed. They stocked on products post-Covid due to supply chain problems to gain market share; not a bad strategy. However, they've been stock with costly inventory, so they've had to discount that which really shrinks their margins. Well-managed and consolidate peers well. Long term you will make money, but this go sideways for a while. Zero/no organic growth. Maybe you can buy on dips, if you're long term.
The space economy is booming in telcos and space travel. The only pure-play space company. Lots of runway with double-digit EBITDA growth over 4-5 years. Their technology can launch satellites flexibly as the cost has fallen. He bought it last spring as their backlog grew a lot and their PE declined. One of his biggest holdings. Not a take-out candidate.
Been a long, rocky road. Still owns it, unfortunately. The owners are committed to making this a success. The balance sheet is good now, and they're making small acquisitions. Hold or buy it now. He expects the company to go private of be sold. Good margins, but the wine industry has been hit hard in recent years (Covid, rising costs).
The black sheep of Canada's big three grocers, but recent results were pretty good and that's raised the stock. Are improving costs and being more efficient. Same-store sales growth is flat, though. They lack a discount brand like Metro and Loblaw, and lack presence in pharmacies. That's why their PE is lower than their peers. Buy at $30-35, though. Well-managed, using technology well for deliveries.
Bought it in the spring and a recent top pick. The space economy is booming (telcos and space travel). MDA is the world leader in the space space. A lot of room to grow; expects double-digit EBITDA growth over 5 years. They have the best technology to launch satellites as the cost of that has fallen.
Global markets are up mainly on the Magnificent 7, but the breadth is widening. he's very bullish stocks and bonds. Inflation ahs fallen to normal levels as central bank cut rates, rocket fuel for bonds as well as stocks. But the slowing economy and rising unemployment means pic your spots, avoiding sectors too dependent on the consumer. The Canadian market is driven by gold/minerals and energy and financials. The breadth is narrow here, but widening. He sees a soft landing of disinflation and deflation where CPI in Canada was recently negative. Overall, it's good for stocks and bonds. He doesn't touch commodities-- too volatile and can't control prices. China is in big trouble with the consumer losing in their real estate holdings and the consumer is hoarding cash. Today saw China's government issuing stimulus which gives short-term boost.
EXE operates long-term care facilities which require a lot of capital, while CSH is more senior homes. CSH has been divesting lower-return investments to become more of a pure-play. You can charge whatever rent in a market if there's no competition. The seniors' population keeps growing. CSH is paying down debt, which was high a few years ago. In CSH, the easy money has been made, though. It could be a keeper, or take profits.
EXE operates long-term care facilities which require a lot of capital, while CSH is more senior homes. CSH has been divesting lower-return investments to become more of a pure-play. You can charge whatever rent in a market if there's no competition. The seniors' population keeps growing. CSH is paying down debt, which was high a few years ago. In CSH, the easy money has been made, though. It could be a keeper, or take profits.
As one of the world's largest tanker operators in the world, shipping refined products on 82 vessels, INSW is reiterated as a TOP PICK. We like that cash reserves are growing, while debt is retired. The company recently announced a large share repurchase, following the sale of one of its vessels. It trades at 5x earnings, 1.3x book and supports a 29% ROE. We recommend maintaining the stop at $39, looking to achieve $71 -- upside potential of 37%. Yield 0.9%.
(Analysts’ price target is $70.63)