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Today, Brian Acker, CA commented about whether BAC-N, MRK-N, ORCL-N, ALA-T, PPL-T, WFC-N, MX-T, SU-T, QSR-T, FFH-T, VET-T, PEY-T, VII-T, AAPL-Q, GOOG-Q, INTC-Q, BCE-T, ENB-T, GWO-T, BBD.B-T, V-N, MSFT-Q, ADBE-Q, MFC-T are stocks to buy or sell.

COMMENT
Market Outlook COVID is not driving the market - it is only accelerating what we already know. Before this we were headed to a recession anyway. The US, Mexico and Africa are the only countries with positive demographics in the years ahead. Oil markets will see demand increase, along with natural gas. He sees game changers in technology, for example, that will allow carbon to be separated from energy molecules. You could see amazing returns in some energy stocks about 3 years from now.
Unknown
COMMENT
Canadian Banks? What investors want to see is substantial revisions for reserves. Most US banks have taken massive reserves, but they have had an increase in book value as well. Canadian banks will report in the third week of May and he thinks investors will be watching closely to ensure large reserves are being taken. If not, they may lose confidence with international investors. He thinks Royal, National and TD are all getting good support by the market. You are already starting to see separation.
Unknown
DON'T BUY
Manulife Financial
He would stay clear of this. The market is saying there is something wrong with the balance sheet. You would be better off looking for better quality companies.
insurance
BUY
Adobe Systems
An amazing stock and he uses their products every day. You could buy it here and on any dips. He expects it will hit new all times soon.
computer software / processing
PARTIAL SELL
Microsoft Corp
10% of holdings now -- take profit? They have owned it over 8 years. A top 5 holding for him. In his portfolio, he wants to bring the weight of stocks down to reduce risk. He suggests picking away at stocks have been unduly punished and shave down some of the MSFT holding. Don't lose the entire position, instead use it to purchase punished deep cyclical stocks.
computer software / processing
BUY ON WEAKNESS
Visa Inc.
It will have a slight impact from consumer spending declines. However, it ticks all the boxes of a Top S&P company, US markets and US dollars. He sees the recent volatility as an opportunity to buy on weakness. He would love to buy it at $135 again.
other services
SELL
It has really been bankrupt for year, if not for continual government bailouts. Get out of this position. Think of quality US names right now.
transportation equip & components
DON'T BUY
Great West Lifeco
Very cheap? This is not the right environment for insurance companies. You have to think if interest rates are going to remain low going forward, it will be difficult for them to make consistent profits. He would look elsewhere. He would rather play in US markets with US dollars instead. Yield 8%
insurance
COMMENT
Enbridge

Dividends safe? Regulated businesses stand a better chance to keep dividends whole. BCE and ENB are both regulated entities. Canadian banks have had a history of not cutting dividends, but you never know. It will depend on how long COVID lasts -- if we are still locked down next year, he would be a seller.

oil / gas pipelines
COMMENT
BCE Inc.

Dividends safe? Regulated businesses stand a better chance to keep dividends whole. BCE and ENB are both regulated entities. Canadian banks have had a history of not cutting dividends, but you never know. It will depend on how long COVID lasts -- if we are still locked down next year, he would be a seller.

telephone utilities
PAST TOP PICK
Intel
(A Top Pick Jun 14/19, Up 31%) He still loves it and would buy more. His model price is $104. A stock you will live for another day.
computer parts mnfctr
PAST TOP PICK
Alphabet Inc
(A Top Pick Jun 14/19, Up 27%) He would buy it again here. It is now above his model price to buy at this time. It has monopoly type earnings. With interest rates staying near zero, it should continue to see increases in their valuation.
Technology
PAST TOP PICK
Apple Inc
(A Top Pick Jun 14/19, Up 60%) He has been a long term investor with them for years. The market is showing you which ones to own and this is one. Their model price valuation has $340 as the target. They continually buy back stock and keep adding value to shareholders. It could easily get to $450, especially if interest rates remain close to zero.
electrical / electronic
RISKY

He thinks natural gas will be the energy of the future. He is not an energy expert. He has gone with Peyto. Consider taking small positions when there are big market down days. But they must be good companies that will survive. 7 out of 10 of these companies may go under. Think of them as call options.

Energy
RISKY

He thinks natural gas will be the energy of the future. He is not an energy expert. He has gone with Peyto. Consider taking small positions when there are big market down days. But they must be good companies that will survive. 7 out of 10 of these companies may go under. Think of them as call options.

oil / gas