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Today, Bruce Murray commented about whether ATZ-T, HD-N, RCL-N, MRU-T, SHOP-T, TFII-T, OTEX-T, KXS-T, TM-N, MG-T, LNR-T, NWL-N, NFLX-Q, MSFT-Q, BAC-N, BNS-T, VZ-N, CGX-T, NPI-T, MFC-T, PXT-T, CVS-N, DR-T, TSGI-T, BSX-N are stocks to buy or sell.

BUY
CVS Health Corp
The healthcare stocks in the US have been quite volatile. The aging population likes their pharmacy and the pickup and delivery. This one is trading relatively cheaply and is a solid business. He thinks the grocery chains will buy them up. (Analysts’ price target is $92.00)
specialty stores
WEAK BUY
He is not a big fan of the oil business. Their cost of production is pretty good. They are in Columbia. You could play it but it is not an investment.
oil / gas
BUY
Manulife Financial
He has a target price of $31 on it. It is frustrating. There are fears for their business with China; fears of higher interest rates; fears of MFC-T changing it policy. When you build a fortress balance sheet your growth comes down. Eventually the market will catch on to its strong points. 5% yield vs. 4.4% on SLF-T as it has a higher perceived risk, being stuck in Canada.
insurance
BUY
Northland Power Inc
He is looking at it. The dividend is a little low. But they have some wind farms coming online in the North Sea and this should move the needle. It is a good solid company to own at this stage.
Utilities
HOLD
Cineplex Inc
It moves up and down along with the success of the movie business. The new businesses they are getting into – he does not know if they are really going to work. It is extremely well managed and has done extremely well. It should come back. He feels it is a stock he should look at. (Analysts’ price target is $34.00)
other services
BUY
It is the high class telephone company in the US. He likes it. He owns T-N because of the higher dividend but it has higher risk. VZ-N is in a position to increase its dividend a little. 5G will involve a lot of expenditure on the part of the providers. Data prices will come down as a result of 5G. It will slow the dividend growth but make it a better long term story.
telephone utilities
BUY
Bank of Nova Scotia
BNS-T vs. BAC-N. He owns the Canadian banks. Most of the US banks have been bankrupt in his career. Canadian banks are better regulated. You might make more money in the US within a couple of years but not after 5 years.
banks
DON'T BUY
Bank of America
BNS-T vs. BAC-N. He owns the Canadian banks. Most of the US banks have been bankrupt in his career. Canadian banks are better regulated. You might make more money in the US within a couple of years but not after 5 years.
banks
PAST TOP PICK
Microsoft Corp
(A Top Pick Jan 05/18, Up 16%) It is a great company and is in a great position now. They are moving their office products to on-line. They have this growth trajectory. They and AMZN-Q are the two big player in the cloud. MSFT-Q already has the customer base. It is at about 25 times earnings but revenue and earnings growth are strong. It will go to $120-$125.
computer software / processing
PAST TOP PICK
Netflix Inc.
(A Top Pick Jan 05/18, Up 41%) He still likes it. The simplest way to state it is 1.2 billion households with a cable connection. NFLX-Q has less than 200 Million. NFLX-Q can raise the price and lower the number of people on an account. As long as they don't blow their first mover advantage.
Technology
PAST TOP PICK
Newell Brands Inc
(A Top Pick Jan 05/18, Down 38%) They are still going to make $2 to $2.50 a share. They hit all kinds of bad luck like the Toys'R'Us bankruptcy. He is ticking with it and bought a little more. He does not think they will cut the dividend.
misc consumer products
BUY
Linamar Corp
LNR-T vs. MG-T. MG-T is the third largest global auto parts manufacturer on the planet and so are very dependent on the growth of autos. He thinks worries about ride-share taking over and reducing auto ownership are over grown. LNR-T is concentrated within the drive-train of the vehicle. They are capturing market share globally and own the industry in North America. Electric vehicles will have no gears in them, but LNR-T will build drive trains for electric autos. They also own two other businesses: Skyjack, and a farm machinery business they acquired last year. LNR-T can grow faster when the businesses are booming, but MG-T has less debt.
transportation equip & components
BUY
Magna Int'l. (A)
LNR-T vs. MG-T. MG-T is the third largest global auto parts manufacturer on the planet and so are very dependent on the growth of autos. He thinks worries about ride-share taking over and reducing auto ownership are over grown. LNR-T is concentrated within the drive-train of the vehicle. They are capturing market share globally and own the industry in North America. Electric vehicles will have no gears in them, but LNR-T will build drive trains for electric autos. They also own two other businesses: Skyjack, and a farm machinery business they acquired last year. LNR-T can grow faster when the businesses are booming, but MG-T has less debt.
Automotive
BUY
Toyota
They and VOW-GR are vying to be the largest auto manufacturer on the earth. You won't see Chinese cars in North America for some time. You could buy this for a cyclical recovery.
Automotive
BUY
Kinaxis Inc
He owns a small position. They are competing with larger companies like SAP. KXS-T has been growing very rapidly. It is possible they could get acquired. You would get good solid revenue and earnings but it is expensive because of the growth potential. In a correction it can get hid harder, though.
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