Latest Stock Buy or Sell? Make More Informed Decisions!

Historically, September tends to have some weaker seasonality. That said, we've seen some strong momentum going into September with 4 straight months of gains in the market. Earnings have been good. S&P 500 Q2 earnings were up 13% YOY, with 81% of companies beating estimates. Analysts see about 12% growth for 2026. 

Add to that approximately $1T in stock buybacks in the US. Liquidity of $7.2T sitting in cash in the US. That's a lot of dry powder and could potentially be a powerful tailwind for equities, especially if we see an interest rate drop (90% chance of Fed cut later this month, 60% chance of BOC cut).

All that lays the groundwork for continued gains for equities. Still might see a bit of volatility in September, given that we've had a very strong 4 months.

Independence of central banks is important. That's why we've seen weakness in the US dollar relative to other currencies. That policy uncertainty has been something to consider in the US. But when you look at markets and the drive from technology and AI-themed stocks, the market continues to be strong.

He does like those areas, as well as industrials and communications. Other sectors are a bit too defensive at this juncture.

Often overlooked as people focus on SU and CNQ. He doesn't own energy names right now, due to weakness in the oil patch and crude oil prices. Concerns of global slowdown. Chart looks more attractive than many other energy names. Price has moved up since April lows, 200-day MA has been pretty steady. Decent dividend of ~2.4%, looks fairly solid.

Valuation fairly attractive, low relative to other mega-cap tech names. Chart doesn't speak to a positive buy, lower lows and lower highs. Price is below a falling 200-day MA. Investment community has shown disdain for every announcement on AI.

Brand-new high today, trades at 35x forward PE. Fairly attractive growth expectations going forward with 43% expected EPS growth this year, 22% for 2026, and 17% for 2027. Close to overbought with 64 RSI. If you own, hold. To get in, wait for pullback.

Likes cybersecurity theme, as threats will only grow in the future and get more costly. Fairly volatile, so he trades it. Now at 200-day MA, where there's been some support. Chance of a small rebound. Trades at 98x forward PE for 17% EPS growth. All these names trade at a premium.

AI and grid expansion tailwinds are helping this US utility company. Benefiting from collaboration with BlackRock infrastructure. Higher highs and higher lows, and above 200-day MA. Yield is 3%.

Bit of a downtrend for past year or so. 200-day MA has been falling, with stock price consistently below that. Not meeting some of his technical factors. Dividend remains steady, may increase depending on how oil prices go. Oil down and oversupplied. Yield is 5.4%.

About 25% Canadian banks, 30% energy. High-dividend type of strategy, mostly large-cap names. Yield ~4.5%, which grows about 8% a year. Returns of 16.5% over last 5 years on average. Not high growth, but reliable. Likes its diversification over XDV.

About 38-39% banks, energy is less than 30%. OK, but he prefers the diversification of XEI. Yield is 4.2%.