Today, Brett Girard, CPA, CA, CFA commented about whether KPG-ASX, STE-N, GWO-T, UL-N, TLRY-Q, AMD-Q, QCOM-Q, NVDA-Q, SMCI-Q, HPS.A-T, AOS-N, RCI.B-T, T-T, BCE-T, GE-N, DHR-N, TRP-T, FFH-T, PLTR-Q, CAR.UN-T, BAC-N, BN-T, BAM-T, NVO-N, PAYX-Q, NVDA-Q, CAE-T, ORCL-N are stocks to buy or sell.
The most clear and present danger, still a cold war right now. US and China are inextricably linked, and Covid highlighted the reliance of NA and Europe on China for everything. If something happened, we'd need to act on supply chains and would probably see a fair bit of inflation.
No party wins from trade escalations. Sounds as though US tariffs are coming, but hopefully they can start off slowly and build over time. Presidents Xi and Trump had a mildly warm relationship, so hopefully this will help discussions. Both countries want to broker a deal, showing that they can work within this "frenemy"-type relationship.
Water filtration and boilers. Big trend around the world with population growth. Stumbled on sales in China, whose economy is struggling. Moving into India, where it's been a great success. Future is bright. Add to your position if you're not already overweight.
Dividends grew 13% last year, 11% per year over 5 years, 35% per year over 10 years. Getting paid to wait. Sometimes the market just doesn't recognize the value of a company, and then some catalyst (impossible to know what or when) comes along to unlock value.
Auditor resigned, never a good sign, he'd never invest during accounting uncertainty. Stock dropped further. Merely a distributor. When something in the value chain doesn't actually add value, be wary of long-term prospects. Too risky.
Instead, invest in one of the majors making the chips such as NVDA, QCOM or AMD.
A lot of $$ was made, but now investors have come to realize marijuana is just a commodity. The company bears all the costs, but it has the federal/provincial government as a partner that shares equally in all the upside, but none of the down. Even advertising is restricted.
For a consumer stock, he holds Unilever.
Last quarter it spun off SOBO, the liquids portion. So now it's primarily a gas pipeline, with a slug of Bruce nuclear (powers 30% of Ontario). Paying down debt. Gas and solar will bridge the cap to additional nuclear for data centres.