COMMENT
Market Outlook He expected this year to have a lot of volatility just like last year. US-China trade talks, Brexit, North Korea and Mexico have created that this year. He was fully invested going into the year. He has taken a lot of profit and has built up his cash position -- up to 55%. Anything goes this summer, he thinks. You will probably see a couple of times where corrections could be close to 10%. You need an active manager to keep you nimble.
Unknown
WAIT
He has backed away from Chinese names given the trade tariff concerns other than a Chinese ETF, where he has 3% of his holdings. He likes BABA-N for the cloud and e-commerce business they are developing. He would wait until the G20 decides what will happen next. It is very cheap here, but he not sure when it will be safe to enter.
0
BUY ON WEAKNESS
American Tower
5G? He bought into this back in Q1. It is a REIT of commercial towers around the world. He has a target of $223 -- very close to market. Yield 1.8%
Telecommunications
COMMENT
A small company that develops transformative gene medications. They are a small fish in a big sea. A recent transaction with a pharma company allows them to scale out their product, but it is still early. (Analysts’ price target is $58.05)
biotechnology
HOLD
Based in Vancouver, they develop bar code scanners. A small player in a very competitive field. At this stage of the cycle, he would prefer to hold a larger player. (Analysts’ price target is $231.00)
electrical / electronic
DON'T BUY
Uber

Another Amazon? He does not own it, nor participate in the IPO. It has influenced the IPO market and it is a disrupter. It is like Amazon as a disruptive force in the market, involving big data. However, he thinks it is lacking a financial model that will provide a long runway. The company has not defined when the business will actually become profitable.

Technology
BUY ON WEAKNESS
Accenture Ltd.
The IT service space has had a lot of consolidation. If there was another pullback in price, he would be a buyer.
other services
HOLD
The best security ETF to diversify risk. He prefers a basket to reduce single company risk for this space.
E.T.F.'s
PAST TOP PICK
Dassault Systemes
(A Top Pick Jun 01/18, Up 12%) The company focuses on producing avatar digital twins. They just bought another data company in Europe. He thinks it will create a huge footprint in the space. He has taken some profit on his position, but still holds a small piece. His price target is $163.
consulting
PAST TOP PICK
(A Top Pick Jun 01/18, Down 34%) It has been impacted by the weakness in the semi-conductor space. He still holds a 3.5% position and recently added to his position. He has a 12 month target of $28.
0
PAST TOP PICK

(A Top Pick Jun 01/18, Down 23%) He sold out of his holding. A huge player in online gaming. They received approval to bring online another new digital game that could create quite a buzz. His 12 month price target is $56.

0
BUY ON WEAKNESS

A very popular stock with the institutional traders. It is priced to perfection, however. He thinks you will be able to buy it at $25 soon. It has beaten Intel pretty hard and other big players. He would recommend waiting to buy on weakness.

electrical / electronic
DON'T BUY
Baylin Technologies
He thinks you will be able to buy on weakness towards $3.40. He would not be a buyer because he sees them as a tadpole in a giant pond, going up against some massive global competitors. They are small and have an imperfect balance sheet.
0
HOLD
Alphabet Inc
Anti-trust concerns? This is in his Top 5 companies. It has ad revenues, YouTube, and autonomous driving opportunities. If the company was broken up into the three units, it would not be that big of a disruption. They made $175 billion from ad revenues last year. He thinks the anti-trust issues will lead to greater regulation, but not force them to break it up.
Technology
BUY ON WEAKNESS
Microsoft Corp
Possible summer pullback? Absolutely, you may be able to buy it back cheaper this summer -- around $120. If you plan to take profit, don't sell all of it -- only a portion. It gives you some flexibility. This stock has to be a core holding in any tech portfolio. It is so consistent.
computer software / processing