Home Daily Stock Opinions and Ratings

Trending stocks today

Starbucks Brookfield Corp NextEra Energy Alimentation Couche-Tard Black Diamond Group Cheniere Energy Inc PDD Holdings Crescent Point Energy Corp Paramount Resources Precision Drilling Astera Labs Marvell Technology Group Broadcom Invesco QQQ Trust Series 1 Coca-Cola Company Loews Corp Softchoice Everest Group, Ltd. Parkland Fuel Corp

Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Gordon Reid commented about whether LZB-N, LEN-N, AAPL-Q, ABBV-N, MSFT-Q, GILD-Q, WMT-N, META-Q, EME-N, CSCO-Q, SBUX-Q, CVS-N, JNJ-N, INTC-Q, UNH-N, SQ-N are stocks to buy or sell.

COMMENT

A Comment -- General Comments From an Expert(A Commentary)

23/10/2020
A Comment -- General Comments From an Expert
The past months have taught investors to be more humble. The market must be more correlated with the mainstream. The hurt in the economy should be reflected in the market. Markets are forward looking vehicles and if they can snip out a solution, it will price this in. The bottom-line is with the humbleness, there is a need to not try to time the market, and to take a balanced view for the long-term. Evaluate your risk profile by including hedging and off-sets like fixed income or gold. Look at it holistically.
Unknown
Gordon Reid
N/A
Unknown
UnlockRating
COMMENT

A Comment -- General Comments From an Expert(A Commentary)

23/10/2020
A Comment -- General Comments From an Expert
When you see the pricing mechanism of the market, it gives a lot of credit to visibility and predictability. The market is moving closer to that clarity. The US election is coming up, and a lot of people are waiting on that. The market goes up most of the time though. Economic engine is pushing for growth. One's primary position in the equity market should be invested.
Unknown
Gordon Reid
N/A
Unknown
UnlockRating
DON'T BUY

Block Inc(SQ-N)

23/10/2020
Block Inc
They have made a very big impression through their cash-app. It gives users the ability to transact smaller amounts. No one wants to touch cash during COVID which has helped them do well. The POS side of the business has not done as well, but the stock has still done well. A great deal of the benefit of the future is already priced in. Many of the fintech stocks are a little over-valued.
Technology
Gordon Reid
$176.770
Unknown
UnlockRating
BUY

UnitedHealth Group Inc(UNH-N)

23/10/2020
UnitedHealth Group Inc

This stock should skate through a change in administration or even another Trump term. Americans are quite happy with private healthcare solutions. 180M Americans have some sort of private health. 75% are happy with this so it would probably not be disrupted in a large way. He prefers Anthem but there is no problem with UNH.

medical services
Gordon Reid
$330.600
Unknown
UnlockRating
DON'T BUY

Intel(INTC-Q)

23/10/2020
Intel

It is a value trap and Intel has been a serial disappointer. The report from last night stated their data centre business continues to deteriorate. They are getting beaten by their competitor, notably AMD. Stay clear of Intel.

computer parts mnfctr
Gordon Reid
$48.200
No
UnlockRating
DON'T BUY

Johnson & Johnson(JNJ-N)

23/10/2020
Johnson & Johnson

One of the companies going through a vaccine trial. They were in the news recently because they had to pause trials due to an illness in a test participant. However, it is not just about the vaccine. They have consumer, pharma and medical device. There is still litigation list from the talc issue. It trades at 15x earnings, which is reasonable but it does take into account vulnerabilities. He prefers BDX.

biotechnology / pharmaceutical
Gordon Reid
$145.240
Unknown
UnlockRating
BUY

CVS Health Corp(CVS-N)

23/10/2020
CVS Health Corp
He likes CVS a lot fundamentally and also on a valuation basis. The company is vertically integrating. They most recently bought an insurer and also introduced a good partial solution to costly healthcare solutions. The HealthHub gives access to a nurse partitioner who can prescribe medical treatment. There is a long run-way in this regard. They trade at less than 10x earnings with a good dividend. There is some execution risk.
specialty stores
Gordon Reid
$60.250
Owned
UnlockRating
COMMENT

Starbucks(SBUX-Q)

23/10/2020
Starbucks
A compelling stock with a good business plan. They have built their franchise well in North America and China. The valuation is very expensive and that has always stopped him. There are more compelling valuations.
food services
Gordon Reid
$90.750
No
UnlockRating
BUY ON WEAKNESS

Cisco(CSCO-Q)

23/10/2020
Cisco

They may not do well in the work-at-home space. This space demands more and more bandwidth and dispersion is greater. Cisco Webex is a competitor to Microsoft Teams. The average ticket for their product is very high and board members are reticent of spending. Once we see more clarity for after the pandemic, it will do well. He believes in the leadership team.

electrical / electronic
Gordon Reid
$38.800
Owned
UnlockRating
PAST TOP PICK

EMCOR Group(EME-N)

23/10/2020
EMCOR Group
(A Top Pick Oct 17/19, Down 20%) An industrial services company for major projects. They provide services in hydraulics, electrical, communications, etc. With the economy slowing down and projects being differed, it has stalled. Once infrastructure programs begin, if a Democratic administration takes over, they are well positioned.
REAL ESTATE
Gordon Reid
$70.670
Unknown
UnlockRating
PAST TOP PICK

Meta Platforms Inc / Facebook(META-Q)

23/10/2020
Meta Platforms Inc / Facebook
(A Top Pick Oct 17/19, Up 47%) The stock has done very well. DOJ action does not seem to affect these stocks. These companies are core needs within our society and is the backbone of what we do. In whatever form, these will be successful. Facebook counts 1/3 of the world population as a monthly active user. The fundamentals are also rising so valuations are not getting stretched.
Technology
Gordon Reid
$284.930
Owned
UnlockRating
PAST TOP PICK

Walmart Inc(WMT-N)

23/10/2020
Walmart Inc
(A Top Pick Oct 17/19, Up 21%) He has sold it on a valuation basis. 56% of their revenues comes from groceries, which is a low margin business, which does not justify trading at high 20 multiples. It is a stretch. The company has done everything you expect, but the valuation did not make sense so they took their profit.
department stores
Gordon Reid
$143.850
No
UnlockRating
DON'T BUY

Gilead Sciences Inc.(GILD-Q)

23/10/2020
Gilead Sciences Inc.
It has had a spotty history. It gained wide acknowledgement from their Hep C drug. The stock traded at an expanded multiple. The difficulty was that it was a solution and not a treatment, which means there is a terminal value. This is great for society but not for a business. They made acquisitions in the oncology department which hasn't done much since. It is an iteration for the company and not an embedded value.
biotechnology / pharmaceutical
Gordon Reid
$60.785
No
UnlockRating
DON'T BUY

Microsoft Corp(MSFT-Q)

23/10/2020
Microsoft Corp
A great company that has reinvented themselves since going public in the mid 80s. Their software and products as well as their cloud offering has done well. Gaming has been going well too through their Xbox console. A well-managed company. Their valuation is in the mid 30s price to earnings. Earnings increase in the future are largely priced in already so he would look elsewhere.
computer software / processing
Gordon Reid
$216.150
Unknown
UnlockRating
BUY

AbbVie Inc.(ABBV-N)

23/10/2020
AbbVie Inc.

Likes it. A spin-off of Abbott Labs. They have made a purchase of Allergan that diluted the concentration of Humira. The company will get its legs so buy it and be patient.

0
Gordon Reid
$84.340
Owned
UnlockRating

Your Watchlist

Add stocks to watchlist to monitor them daily and get important alerts.

Get Access To Watchlist

Latest Buy Signals

CNHI-NCNHI Industrial
CNHI Industrial
$11.31
-0.10 (-0.85%)
LYV-NLive Nation Entertainment Inc.
Live Nation Entertainment Inc.
$88.60
-1.05 (-1.20%)
CCI-NCrown Castle International
Crown Castle International
$93.91
-1.53 (-1.66%)
RTX-NRaytheon
Raytheon
$101.72
0.70 (0.68%)
FCX-NFreeport McMoran Copper & Gold
Freeport McMoran Copper & Gold
$48.43
0.19 (0.39%)
Advertising

Today's Top Picks

PKI-TParkland Fuel Corp
Parkland Fuel Corp
$43.02
0.26 (0.60%)
EG-NEverest Group, Ltd.
Everest Group, Ltd.
$365.19
-0.55 (-0.15%)
SFTC-TSoftchoice
Softchoice
$17.68
-0.68 (-4.03%)
L-NLoews Corp
Loews Corp
$76.46
-0.35 (-0.46%)
KO-NCoca-Cola Company
Coca-Cola Company
$61.98
0.43 (0.69%)

Popular Articles

Questrade Review: Pros & Cons of Trading with Questrade Canada (2021) Steady Eddys: 3 Stable Stocks Between Safety and Risk: 3 Safe and Gambling Stocks 3 Oversold Stocks to Take Advantage of 5 ETFs for Index Investing

Latest Sell Signals

NSC-NNorfolk Southern
Norfolk Southern
$237.71
1.49 (0.62%)
ALAB-QAstera Labs
Astera Labs
$69.85
-1.14 (-1.66%)
UNH-NUnitedHealth Group Inc
UnitedHealth Group Inc
$494.81
7.51 (1.50%)
AMD-QAdvanced Micro Devices
Advanced Micro Devices
$154.26
2.52 (1.61%)
NVDA-QNVIDIA Corporation
NVIDIA Corporation
$829.41
32.64 (3.79%)

Most Recent Experts

Panic-Proof (Research)

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Buzzing

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Bolton

Kim Bolton

Black Swan Dexteritas

Stockchase

Stockchase Insights

5i Research

Cramer

Jim Cramer - Mad Money

CNBC

Advertising
Advertising
logoTop pickslogoStockslogoRecentlogoWatchlist
© Stockchase Inc.