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BUY

Up 38% in one year. A utility benefitting from Meta building a $10 billion data centre in Louisiana to the build out of LNG facilities. Growth slightly beats the S&P and trades at a slightly lower PE.

DON'T BUY

It needs cheaper beef and other commodity prices, and needs a plan for growth, now lacking.

HOLD

Doesn't believe in the energy stocks; they lack growth. He just sold his last energy stock.

BUY

The largest quantum computing stock, up 78% in the last 3 months with most gains coming after the recent analyst day then signed a MOU with the US Dept. of Energy.

WAIT

They spent a lot of money on a factory. If there's an economic slowdown and the Fed doesn't bail us out, this stock will fall lower. Wait.

BUY

Will not go against any uranium stock. This is at its 52-week high and still would not go against it. Has been behind it a long time.

BUY

Will split into 2 companies: the fast-growing electronics and the steady industrials/healthcare/water business. Will be worth more than the sum, worth $100/share possibly.

COMMENT

If Canada and the US continue to cut interest rates this is a time honoured formula to help the economy. It is easier for businesses to borrow and raise capital so money goes almost entirely into the stock market. Even if the economy doesn't do anything, even if unemployment continues to rise, even if trade relationships deteriorate, lower interest rates will boost markets. If people think we're in a bubble, he doesn't think they've seen anything yet. He continues to like the tech sector where cheap money is available. With lower interest rates he also likes the property re-financing sector in the US as well as life insurance and insurance companies in general.

BUY

He has owned it from the takeover. It is the leading chip designer and capabilities in that space should allow Synopsys to continue. Provides the picks and shovels to the cellular business and this is what he is banking on.

HOLD

He owns a number of the bigger companies but not Apple even though he feels pretty sure it will continue to be a dominant player in the cell phone space. However technologies do change. He prefers Amazon and Microsoft in the mega cap space since they should do a little better in the long term.

COMMENT

He doesn't think the economy will necessarily be that strong for growth in copper so he doesn't own copper companies. He is much more invested in gold.

BUY

It makes AC products but it's all about data centres which will need more and more cooling systems. It is the picks and shovels that make the industry run. He also likes Carrier.

Unspecified

He likes the sector and owns Fiserv (FI-NY) in the space. It is more undervalued and has a more integrated approach. With any stock, if the story remains the same you could hold.

COMMENT

It makes robotic surgeries. The advent of new technological developments could affect replacement surgeries. There are new less capital intensive possibilities.

HOLD

Even though it has geo-political vulnerability he doesn't think geo-political issues will be an issue over the next one to three years. Although they are a dominant player, whether they continue making chips for the US with its on-shoring push remains to be seen. There is no real incentive for foreign companies to build their businesses in the US.