Latest Stock Buy or Sell? Make More Informed Decisions!

There was a lot of geopolitical risk that everyone was watching closely. Investors were digesting higher valuations and potentially shifting interest rate expectations. This week, markets have regained their footing.

Markets are looking past recent volatility and turning attention back to corporate earnings, where we've had some strong results over the last few days. The latest results are reinforcing the fact that businesses are continuing to invest heavily in AI. Investors are becoming more selective on which companies they want to own, the AI investment cycle remains intact. It's still creating opportunities across multiple sectors.

The economy has given investors plenty to think about. Growth is slowing a bit more than expected in Q2, especially in the US. Inflation has eased slightly since a month ago and the labour market remains resilient. Instead of a recession, her team believes the data points to settling into a slower, but more sustainable, pace. This is encouraging for allocating capital. Interest rates are likely to remain elevated and hikes are back on the Fed's table until inflation is under control.

Everyone was in wait-and-see mode for Keven Warsh's approach and language. Fed minutes indicate the possibility of short-term hikes. Chance of a rate hike in September is now over 60%. Since there's no rate decision in August, it'll allow almost 2 months of economic data to come out to really allow the Fed to analyze and assess whether to hold rates or whether a hike is necessary.

Canada's a bit of a different story. GDP growth for Q2 has picked up, which is positive. Nice to see, especially coming off of a minor, technical recession. TSX remains resilient, even with all the trade uncertainty out of the US. Energy has continued to lead the market this month, followed by tech. Strong corporate results have also supported many Canadian businesses. Canada's exposure to commodities, combined with a resilient financial sector, continues to provide a solid foundation for long-term investors.

One of the strongest-performing Canadian stocks this year. Recent pullback. Question now is whether a lot of the optimism is already reflected in the price. Record backlog continues, winning large infrastructure projects. Management's executed exceptionally well. About 9% upside potential from here.

Most interesting angle is AI. Bell chose BDT as its preferred construction partner for a multi-year Canadian data centre buildout. Fundamentally, a great business. To enter, wait for a pullback. If you own, take some profits. Don't chase aggressively here.

Analysts are more optimistic than the markets are, so it's a bit wait-and-see. GFL has dependable, recurring revenue. Last quarter was very strong, organic growth revenue accelerated. Juicy angle is it's been approached to go private. 3/10 on fundamentals.

Likes GFL as a longer-term hold. If you hold for the next 12-24 months, you should be rewarded.

Analysts are mixed across the board. Overvalued, even with the pullback. Turnaround story is very encouraging. Raised guidance. Cybersecurity and QNX exceeded expectations. She'd want to see stronger and more consistent growth. 

Doing a good job, underlying business strong. Revenue up 17% last quarter, and cash generated per share rose 25%. Launched AI tool to make maintenance decisions faster and less expensive. Most interesting angle is new partnership with Waymo. 9/10 fundamentally for her. Analysts see ~30% upside.

Reports next week on August 5. Don't add before then.

Huge runup, she took profits. Great job building one of the strongest ecosystems in the world. Last quarter was strong. Warned that margins in coming quarters may be pressured by higher memory costs and supply constraints. Still playing catchup in AI.

Still likes it, but sees better value in companies that are building AI infrastructure rather than buying it. Be patient.

They've done well. She owns RY, and has exposure to other Canadian financials and US companies. Likes the group as a whole. She wouldn't be overweight at this level, as they're ultimately a leveraged bet on the health of the economy. Good news is that earnings have held up much better than many expected. She's still watching credit losses.

The interest rate story is more balanced than people think. BOC is holding rates at 2.25% and expects economic growth to improve (which we're starting to see). Lower rates can relieve pressure on borrowers and, eventually, revive housing and loan demand. Rates falling too quickly can squeeze lending margins.

Be selective in the space. RY has the broadest mix of Canadian banking, leader in wealth management and capital markets. TD and BMO bring more US exposure into that play. Likes the sector for earnings and dividends, but not as an oversized bet. Keep holding a balanced position.

She wouldn't be overweight at this level, as banks are ultimately a leveraged bet on the health of the economy. Good news is that earnings have held up much better than many expected. She's still watching credit losses. Has the broadest mix of Canadian banking, leader in wealth management and capital markets. Keep holding a balanced position.

Growth and momentum were weaker than anticipated. Exited at a loss of 10% as part of reducing overall healthcare exposure in portfolios and to focus on other horses in the race. Still one of the highest-quality names in the space.

Sometimes a trade doesn't work out, and you need to know when to cut your losses.

Took a tax loss on this one of just over 10%. The outlook was directionally right, but entry was too early. Analysts still expect ~15% upside from here.

Sold for an 8% gain as a trade, rather than converting any winning trade into a permanent holding. Chart shows big swings, even though underlying business remains high quality.

Analysts see 25% upside, with a price target of ~$74. Still generates stable, recurring revenue from its essential services. Biggest challenge is competition. Still quality and defense. Headline loss looks alarming, though FCF increased 18%. Stay away till proof the US turnaround is working. Yield is above 6%.

She prefers QBR.B for its stronger long-term growth opportunities and more diversified business.

Her preference in the space for its strong long-term growth opportunities and more diversified business.

AWS is a real earnings engine, growth accelerated to nearly 40% (fastest pace in more than 4 years). Enormous AI spending finally translating into faster cloud growth, and translating into profits faster than the competition. Headline profit was inflated by a large paper gain on its investment in Anthropic.