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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).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

As a leader in frac systems for the oil and gas sector in Canada and the US, NCSM is a TOP PICK.  Energy security has taken on a higher priority with the new US Administration and the company is well positioned.  It trades at 10x earnings, under book value, and supports a robust 58% ROE.  We recommend setting a stop-loss at $22, looking to achieve $39 — upside potential of 38%.  Yield 0%

(Analysts’ price target is $39.00)
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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).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

Analysts of this consumer financial services provider cite strong operating cost management, credit card program renewals, and improving credit trends more than offset low loan growth for SYF in 2024 and the bank is in a solid position for 2025.  We like that cash reserves are growing, while debt is retired and shares bought back.  It trades at 7x earnings, 1.5x book and supports a 23% ROE.  We recommend setting a stop-loss at $55, looking to achieve $78 — upside potential of 30%.  Yield 1.2% 

(Analysts’ price target is $78.57)
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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).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

The world renowned engineering company stock has been sliding, despite recently reporting $1.8 billion net income and  an 11% increase in revenue — which fell marginally short of analyst expectations.  The company has a long runway of projects including a LNG export project in Canada.  It trades at 12x earnings, 1.6x book and supports a robust 72% ROE.  We recommend setting a stop-loss at $29, looking to achieve $52 — upside potential over 40%.  Yield 0%

(Analysts’ price target is $52.89)
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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 Jun 13/24, Up 6.3%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with GDEN has triggered its stop at $31.  To remain disciplined, we recommend covering the position at this time.  

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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 Oct 08/24, Up 59%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with UAL has triggered its stop at $96.  To remain disciplined, we recommend covering the position 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 Dec 17/24, Down 17.6%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with IMXI has triggered its stop at $18.  To remain disciplined, we recommend covering the position 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 Jan 16/25, Down 17.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with VAL has triggered its stop at $40.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment loss of 22%.

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 Jul 30/24, Up 58.4%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with GLXY has triggered its stop at $25.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment gain of 42%.

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, Down 0.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with PMZ.UN has triggered its stop at $18.50.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment Gain of 4%.

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 Nov 07/23, Up 17.6%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with EMA has achieved its target at $57.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $51.  

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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 Sep 05/24, Up 20.5%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with PRL has triggered its stop at $33.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment gain of 43%.

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 Dec 31/24, Down 4.4%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with ONEX has triggered its stop at $108.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment gain of 6%.

COMMENT

BMO and BNS reported today, and the market rewarded BMO for its US outperformance. BNS has less of that presence, so the market is favouring a US presence, given the Trump tariff threats. There's tons of uncertainty in the market, and nobody has a good understanding of what is actually happening. Will tariffs be implemented on what goods and sectors? Stay diversified, and consider sectors in a weaker market and when interest rates decline, which he still expects. The US 10-year rate has fallen a lot in recent weeks, and there are more homes for sale in the US sunbelt now. He expects homebuilding levels to come down in the spring, and the Fed to ease rates. He expects US deregulation to come later, in 2026, as Trump decides where to cut back in Washington, which will have a negative impact short term. The market will be choppy till then. It's hard to invest when you don't know what the policy is going to be, the main issue with the Trump issue. 

DON'T BUY

It's now a momentum story, but now very expensive. A great company. He bought a lot of shares during the sell-off a few years ago when competitors like Prime launched. There are better opportunities in gen AI. They've done a great job in live programming (sports).

BUY ON WEAKNESS
Enter now on weakness?

Yes. It was a top pick of his last spring. He doesn't think there will be much negative impact from Washington investigating their billing practices, though there remains headline risk. Fundamentals are improving, though they are paying out more for medical costs, which he hopes will normalize. It's trading below the market PE, when usually it trades above.