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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jul 30/24, Up 49.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GXLY is progressing well.  To remain disciplined, we recommend trailing up the stop (from $13.50) to $17.00 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Apr 11/24, Up 46%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GEN is progressing well.  To remain disciplined, we recommend trailing up the stop (from $25.00) to $27.50 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 12/24, Up 43.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FLEX is progressing well.  To remain disciplined, we recommend trailing up the stop (from $29) to $32 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 10/24, Up 42.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with AC is progressing well.  To remain disciplined, we recommend trailing up the stop (from $17) to $20 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 24/24, Up 37.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with SHLE is progressing well.  To remain disciplined, we recommend trailing up the stop (from $11.50) to $13.00 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Apr 09/24, Up 38.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with AAPL is progressing well.  To remain disciplined, we recommend trailing up the stop (from $192) to $212 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 12/24, Up 38.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with PANW is progressing well.  To remain disciplined, we recommend trailing up the stop (from $315) to $352 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 13/24, Up 36.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with SIG is progressing well.  To remain disciplined, we recommend trailing up the stop (from $81) to $89 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 10/24, Up 32.1%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with IGM is progressing well.  To remain disciplined, we recommend trailing up the stop (from $39) to $43 at this time.

COMMENT
The Fed.

We're generally in a time of easing interest rates over the next little while. How fast they're going to do that is the question. There was a perspective that the Fed would be easing a lot faster, but they may have to step back a bit before they commit to more easing. With the new administration and talk of immigration policy, tariffs, and so on, the Fed doesn't know what the economic backdrop will look like.

It's easy to say we're going to oust or limit all these people, but that has an impact on a lot of sectors of the economy. Tariffs may have a benefit short term, but long term there's more impact on inflation, etc. Musk and his department are saying they're going to change the way they lay off people, but unemployment going up will have a big impact on the economy.

COMMENT
Bank of Canada.

Canadian economy is in worse shape than the US. Rate cuts may slow down a bit, but they have to bring down rates another 100-150 basis points from where they are today to get the economy going. This has an impact on the CAD. 

Trump says something about 25% tariffs on Canada, and the loonie weakens considerably overnight. Though it has bounced back, reality is that there are a number of things going to be affecting the Canadian dollar in the next little while. The CAD is going to be weaker going forward.

DON'T BUY

Large cost advantage due to Canadian base in potash. Big issue is volatility in a cyclical stock because of pricing of potash and nitrogen, which fluctuates a lot. Supply/demand is out of balance all the time. Volatility outweighs the story. Supply coming on globally, especially with BHP.

BUY

Controls a lot of the commercial flight market, drives a lot of its growth. Very few competitors. Highly technical. Installed base for engines is very high -- they don't get changed willy-nilly, but they do need servicing as they age. Lowered debt. Once flying gets back to normal after Covid, opportunity to be more than it is presently.

WAIT
Add before close today, as it reports after?

Hard to think about buying before earnings come out, as it can be so volatile (especially with a company like this). This sector has good secular growth, lots of cybersecurity issues, governments are investing a lot. He owns CHKP instead.

HOLD

This sector has good secular growth, lots of cybersecurity issues, governments are investing a lot. Has done well.