SELL
Bought at $35. Average down?

A business that's hard to turn around. Core competency was chips for PCs. NVDA is really good at chips for data centres and AI. INTC can't innovate and catch up to that. Behind, and going to stay behind. Now they're on turnaround strategy 2.0, selling the fab business and spinning off things. Sell. Won't turn around well.

Makes sense for QCOM to be interested, as it's a path to being more vertically integrated. Could create more synergies than other players. But you can't buy a stock hoping for a takeout; it may not occur.

COMMENT

Makes sense for QCOM to be interested in INTC, as it's a path to being more vertically integrated. Could create more synergies than other players. But you can't buy a stock hoping for a takeout; it may not occur.

DON'T BUY
Keep adding to a position?

Depends on what percentage it makes of your portfolio, plus what your cost base is. #1 competitor to DFY is IFC. The industry is consolidating more. DFY might have a leg up on IFC, as DFY is smaller and can buy a few more things in Canada.

Cost inflation and extreme weather give him pause in this area. Both well-run businesses, but inclined to stay away. The sector poses some risks.

DON'T BUY
Keep adding to a position?

Depends on what percentage it makes of your portfolio, plus what your cost base is. #1 competitor to DFY is IFC. The industry is consolidating more. DFY might have a leg up on IFC, as DFY is smaller and can buy a few more things in Canada.

Cost inflation and extreme weather give him pause in this area. Both well-run businesses, but inclined to stay away. The sector poses some risks.

TOP PICK

Went from growth to value very quickly. Tremendously powerful brand and business economics. Phenomenal balance sheet. Hit really hard. Discretionary item. Softness in consumer and in China. Lack of product innovation. 

In the end, brand remains intact. Trades around 20x earnings. Earnings will get hit hard this year, and so the multiple looks high. Attractive turnaround. Likes the new CEO. Can regain its crown. Yield is 1.7%.

(Analysts’ price target is $92.24)
TOP PICK
Off 14% from summer peak.

Inexpensive, lots of hidden value. Excess cash, lots of businesses. Cloud services is not yet profitable. Getting value for your money. Number of outcomes possible from anti-trust. If forced to be broken up, you'll win. If forced to provide Search for free, you'll also win. Yield is 0.4%.

(Analysts’ price target is $203.53)
TOP PICK

Always likes to have a pick for people looking for income. Gives you a bit of opportunity for growth and income for a very long  time. Very diversified, global. Payout ratio is quite reasonable, so a safety play for income. Yield is 4.6%.

(Analysts’ price target is $52.06)
HOLD

Don't sell or take profits. Buffett has together an amazing enterprise (light on cash, though heavily levered to natural gas). Let it run.

DON'T BUY

The CEO is doing a good job, but they aren't putting up good numbers to raise shares. They have to put in a good year ahead.

BUY

They beat earnings today and shares jumped 4%, after rallying 6% in previous days, up 23% this year. It has more room to run.

BUY
Technical analyst by Jessica Inskip

Though the rally is broadening, tech must participate for the rally to go higher though doesn't have to lead. In the last 3 months, NVDA's chart is forming a bullish consolidation pattern as the 13-, 26- and 40-month moving averages converge. If it breaks above its June high, NVDA can break out. it has support under $120. If it breaks above $140.76, it can rise to $177.

COMMENT
Technical analyst by Jessica Inskip, looking at the S&P equal-weight index

Bullish. The index has a floor at 7,058 and at 6,888. Don't worry about the RSI rising, because the underlying security is still making higher highs. The S&P is not overbought, but just right, based on her charts. As long the index stays above 7,058, it will continue to trade well above its moving averages (13, 26 and 40 months). Based on the regular S&P cap-weighted index: the S&P has a floor of support at 5,669 and could well reach 5,940. Nasdaq 100 chart: support is at 19,481, then 19,277, with a ceiling of resistance at 20,690 from July. If the index breaks that, then it will shoot higher.

BUY

They just delivered a blow-out Q3 with  =20% investment banking fees, +16% asset management and $12.7 billion revenue as operating expenses were -8% YOY with 11% tangible equity return. A monster bottom-line beat.

BUY

They just delivered a strong Q3: +56% investment banking YOY, 22% equity trading YOY with an efficient 72% expense ratio and 17.5% return on common equity, a major beat. The wealth management business is booming with $64 billion of new assets.

BUY

The data centre business is excellent and a huge tailwind, not to mention their partnership with Nvidia.