Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Stan Wong commented about whether IJH-N, NFLX-Q, CAT-N, DOL-T, TRP-T, BMY-N, CVS-N, PAVE-N, XLI-N, RMS-EPA, META-Q, COST-Q, L-T, MDLZ-Q, NVO-N, MCK-N, GOOG-Q, XTR-T, AIQ-Q, CLS-T, SRU.UN-T, BCE-T, IFC-T, CB-N, CNQ-T, LLY-N, UBER-N are stocks to buy or sell.
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Still loves it. Should be a beneficiary of new Trump administration, with fewer concerns about DOJ breaking it apart. Trades at 20x forward PE, 16% earnings growth rate, which means a 1.25x PEG ratio and that's fairly cheap in its space. Q3 beat on top and bottom. Ad revenue and Search remain solid. Chart's on a clear uptrend.
International snack giant. 200-day MA is sideways to slightly negative, stock price is now below it. Fundamentals show only mid-single-digit earnings growth, paying 20x for it. Cost pressures, margin compression. Intense competition. Foreign currency has not helped.
For a consumer staples name, look at Loblaw or COST.
He'd say that moving to indices has risk involved, especially when you look at the S&P 500. S&P 500 is really 35-40% technology, and its PE is not cheap at this stage. Of course, expensive can remain expensive for some time.
He sees markets expanding now beyond technology into other sectors such as financials, industrials, and healthcare. If you go with an index, you're going to be boxed into that heavy weighting in technology. Not that tech isn't a good place to be, but he'd rather be very selective in that particular space.
He's been overweight US for quite a while compared to Canada or Europe. Stable economic fundamentals, big sandbox. US tariffs and new policies will not be great for places like China and Europe. Come retirement, if the CAD starts moving higher versus the USD then you have currency risk. So you want to have balance, and that will depend on the individual investor.
META is a good company. Though he doesn't own it, fundamentals on META look pretty solid; great technical chart with higher highs and higher lows. He owns other names like AMZN, GOOG, and MSFT.
Luxury market in recent downdraft. This one's performed better on the 5-year chart. 200-day MA has been moving higher, with the stock price slightly below but hugging that MA. Doing everything right, but demand might be soft.
Right now, he has no luxury goods companies. A sluggish China has affected these names. Fiscal stimulus may help, but it's wait and see.
Broadly speaking, likes industrials. Top names here: CAT, RTX, GE, UBER, UNP. BA would be in the top 10, but #10 at this point. In general, infrastructure spend will be higher. Overall US economy is not going into recession, so some of these names are undervalued. This sector has room to catch up to technology. Brand-new 52-week high today.
Makes a lot of sense. Also consider PAVE.
Broadly speaking, likes industrials. In general, infrastructure spend will be higher, and this one's right in the infrastructure space. Contains more mid-caps. Overall US economy is not going into recession, so some of these names are undervalued. This sector has room to catch up to technology. Makes a lot of sense. Brand-new 52-week high today.
200-day MA moving lower, stock price is below that. Basing since May. Retail side is the issue. Declining foot traffic, people are buying online. Integration problems with its various businesses. Earnings growth looks weak.
He prefers growthier names, drug distribution, and traditional pharma like BMY.
Brand-new 52-week high today, perhaps due to good news on pipelines. Note that if yields start to move higher, could affect dividend names. Good dividend of 4.8%, relatively safe. He wants at least high singles or low doubles for earnings growth, so this one doesn't fit.
He owns ENB instead.
Broad basket of equities and fixed income. The one thing to keep an eye on is the bond portion. If we start to see inflation rear up again (because of US spending and tariffs), you might want to take your bond duration down, which you can't do with this ETF. Yield ~4.25%.