Latest Stock Buy or Sell? Make More Informed Decisions!

The message, loud and clear, in recent weeks of earnings is the market is becoming more selective. Companies that delivered that earnings that would have been exceptional a year ago, are now facing pressure--strong earnings are no longer enough, but also need to justify high valuations, sustainable profitable, and a tangible return on AI. That enthusiasm about AI has shifted to seeing returns on investment and cash flows. This is healthy for the broader market, happening during surprising resilient economic growth. However, there's rising inflation above the US's 2% target. She's looking at companies' underlying cash flow and watching the bond market. Overall, the market looks constructive and you don't need to be defensive.

The latest quarter was strong with sales up 18% and Canadian same-store sales +5%. Growth is broader with Australia now. The risk is the higher valuation, though. A great story. Don't chase; buy dips.

It remains Canada's best way to play the data centre build out, though it's volatile. Revenue last quarter was up 83% and they raised their 2026 outlook. They supply network and hardware platforms to the hyperscalers and Frontiers AI Labs and that demand remains strong. She sees more upside, though shares have dipped.

They generate strong free cash flow. Have had a great run the past year. Their export volumes are healthy. The challenge is the underlying end market remains cold. There's still lots of upside. Pays a decent 3.4% dividend.

BAM is the fee business, and BN is the broader investment company. BAM is the cleaner, more predictable model, earning fees on over US$1 trillion of assets; those earnings were up 20% last quarter. BN is more complex, but has more businesses working for it-- asset management, insurance, real estate, infrastructure. EPS was up 15% last quarter. BN offers more upside. She likes both. Has owned both in the past. BN is active in AI infrastructure.

BAM is the fee business, and BN is the broader investment company. BAM is the cleaner, more predictable model, earning fees on over US$1 trillion of assets; those earnings were up 20% last quarter. BN is more complex, but has more businesses working for it-- asset management, insurance, real estate, infrastructure. EPS was up 15% last quarter. BN offers more upside. She likes both. Has owned both in the past. BN is active in AI infrastructure.

Performed well over 3 years, though only average over 5, and year to date up 6%. Is a great global commerce company. Analysts are mixed on it. It's too volatile for her.

A direct play on North American infrastructure spending. Shares have been sinking since February highs. The risk it that rail ties and lumber can be cyclical, though the PE has declined since February. Earnings are next week.

It benefits from offering a broader range of engineering products, compared to companies like Stella-Jones whose focus is narrower.

It's pulled back. The business is cyclical, but management has a strong record of buying companies on economic downturns and improve their portfolio. A good entry point now. The weakness are softer volumes and margin pressure. She expect strong upside in 12 months.

It continues to be a top pick. Long term growth is compelling. She might take some profits given its run-up. It's evolving into a global financial infrastructure business with growing exposure to data analytics and international market. Q3 revenue growth was up 17% and organic revenue growth was 11%, which means growth isn't coming only from acquisitions. Their financial data and analytical revenue jumped 26% last quarter. Risk: operating expenses increased 35%. TMX just took over the Australian exchange [Cboe Australia].

It's testing investors' patience after pulling back. Share are down, but not the underlying business. Their gross transaction value increased 11% as did revenue. Continues to like it long term. They have bought into agriculture, and are paying dividends and buying back shares. Be patient.

Still likes it, despite the current tech sell-off. She took some profits in September, but may buy buy now. It remains very profitable. Q3 revenue increased 26% year over year. Ads grew 10%. Are developing new opportunities through Muse AI, attracting 10 million accounts quickly. Will spend $130 billion in capex this year, which raises legitimate questions about returns. She sees 36% upside. Meta scores 9/10.

Likes it growth opportunities as it expands away from ride sharing. But how will self-driving cars change the business? Could be the next big business, but Waymo could compete directly, which is a risk. She has started watching Uber. Shares are down to 2025 levels. They continue to deliver strong growth, especially in food delivery. 

She reduced exposure to telcos the past year. Rogers is now also about sports, though. The telco business is steady, but sports is more interesting as they monetize their sports assets. The balance sheet is cleaner compared to peers. She owns Quebecor instead, though Rogers has upside. Quebecor offers cleaner growth.