Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Gordon Reid and The Panic-Proof Portfolio (Stockchase Research) commented about whether QBR.B-T, SFTC-T, BBW-N, EFX-T, BTI-N, PARR-N, AMR-N, SITC-N, V-N, META-Q, GOOG-Q, BLK-N, WBA-Q, WMT-N, ET-N, DAN-N, CB-N, BKNG-Q, QCOM-Q, PFE-N, USFD-N, UBER-N, MCK-N, GE-N, ELV-N, HD-N are stocks to buy or sell.
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They own 92% of online search, but they will lose some of that to AI. So, GOOG will stake out their place in AI, including search. Other initiatives: 2 billion worldwide watch YouTube and Waymo, the leading driverless car technology. They spend $33 billion a year on R&D, and they boast a good history of R&D. Shares trades cheaply, below the market PE, but grow much faster.
(Analysts’ price target is $203.53)After taking a hard left in the metaverse, which puzzled many, they have since reappeared on the back of AI. 50% of the world uses a Meta product (Facebook, Instagram) everyday, making this an advertising mecca. meta spend $40 billion annually in R&D that pays off and will pay off in AI.
(Analysts’ price target is $610.39)
SITC is a retail shopping centre REIT. It recently announced a divestiture of 11 centres and purchase of 4 others as it carefully rebalances its portfolio to maximize capital efficiency along with rebalancing its debt -- allowing it access to an investment grade credit rating. We like that cash reserves are growing, while debt is reduced. It trades at 2x earnings, under book value and supports a 21% ROE. We recommend setting a stop-loss at $12, looking to achieve $24 -- upside potential of 41%. Yield 3.0%
(Analysts’ price target is $24.83)AMR operates 19 mines in the US Virginias, where the coal produced is used for steel production. Despite challenges within the economy, management believes production will finish on the higher end of guidance. The company is building cash reserves, while aggressively buying back shares and retiring debt. It trades at 6x earnings, 1.6x book and supports a 28% ROE. We recommend setting a stop-loss at $140, looking to achieve $264 -- upside of 28%. Yield 0.5%
(Analysts’ price target is $332.00)PARR owns and operates refineries suppling products like gasoline and diesel in Hawaii, Washington, and Wyoming -- markets that are growing in demand. It trades at 12x earnings, under book value and supports a 43% ROE. We recommend setting a stop-loss at $13, looking to achieve $23 -- upside potential of 27%. Yield 0%
(Analysts’ price target is $23.17)
As an ETF provider, they are thriving along with the market, but is not cheap around 20x PE. Overall, a worthy stock.