Today, Gordon Reid and The Panic-Proof Portfolio (Stockchase Research) commented about whether GRBK-Q, AMR-N, DAL-N, AGIO-Q, AOMR-N, RIO-N, SNEX-Q, GM-N, C-N, COST-Q, MSFT-Q, GFF-N, UBER-N, F-N, BKNG-Q, META-Q, IBM-N, FCX-N, DHR-N, NVDA-Q, BRK.B-N, PFE-N, CSCO-Q, ETN-N, GOOG-Q, DELL-N are stocks to buy or sell.
Owns several US banks. The yield curve is steepening and the regulatory backdrop is now more favourable to the banks. The post-2008 safeguards have built huge capital in these banks and is starting to be released. Citi trades at a 24% discount to tangible book value which will compress and catch up to peers.
(Analysts’ price target is $90.30)It's all about tariffs. Despite tariffs, GM's chart shows there is an escape hatch in the tariff war and GM will come out of it well. Valuation is a very cheap 6.8x enterprise value to EBITDA. Is a cash flow machine, with 20% of market cap is in buyback share mode. They recently increased their dividend. Are well managed. Best of breed. GM has done a nice pivot into EVs, though EV consumer adoption has slowed down, but will come back.
(Analysts’ price target is $62.48)
Sensitive to interest rates. The housing market has frozen which will freeze GFF. As long-term holder, wait for a better environment. But if you believe rates will stay high (higher inflation), sell this, but he doesn't believe. Rather, rates will continue to come down.