Today, Bruce Murray and The Panic-Proof Portfolio (Stockchase Research) commented about whether VAL-N, ONIT-N, GSK-N, META-Q, UBER-N, AC-T, TRZ-T, WJX-T, PRL-T, DSG-T, UNH-N, BCE-T, CCO-T, EFR-T, GEHC-Q, GEV-N, CS-T, HBM-T, FCX-N, LNR-T, PFE-N, AMZN-Q, CRM-N, WTE-T, LLY-N, CHE.UN-T, QQQ-Q, ET-T, CLS-T, GOOG-Q, CVE-T, BTE-T, ATZ-T are stocks to buy or sell.
Recently added a small, 2%, position. Likes the dividend yield. Believes the industrial economy will pick up, though Canada may be slower than the US. Exposed to the Canadian industrial economy right across the country. Yield is 6.7%.
His strategy is to ride the stock up. As it does, the yield drops. So if the yield here were to drop, and he found another stock with a better yield, he'd consider switching out.
Disciplined management, as shown by recent layoffs. Outside of NA, whole world works on WhatsApp. Introducing AI into all its products. For advertising, you can reach people for pennies a shot. Yield is 0.3%.
If the CEO cosies up on whichever side the wind's blowing, that doesn't put him off. His job is to make money, not to support social causes. He puts his focus on the business and its profitability.
He bought some yesterday. Didn't change guidance. Q4 profitability was OK, though revenue was a bit light. Health insurance in US will continue to grow, it's a leader. Core holding for him. Great distribution system, so cost is less than peers. Trump administration will not nationalize healthcare.