Home Daily Stock Opinions and Ratings

Trending stocks today

Tesla Inc Verizon Communications Starbucks Astrazeneca P L C 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

Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Greg Newman commented about whether CSU-T, T-T, ZQQ-T, BNS-T, TD-T, ENB-T, BMO-T, BCE-T, CMMC-T, BPY.UN-T, NVDA-Q, CPX-T, V-N, BTE-T, MG-T, VRML-Q, UBER-N, XQQ-T, ALA-T are stocks to buy or sell.

BUY

Altagas Ltd(ALA-T)

16/04/2021
Altagas Ltd
A quiet stock that no one is paying attention to. Trades at 12.4x 2022 expected earnings which is very reasonable. Dividend is nice and well covered. 11% EPS growth modelled. Balance sheet is not great, but it trades as a mid-stream. However, 66% of their business is utilities. A good buy at these levels.
oil / gas
Greg Newman
$21.430
Unknown
UnlockRating
BUY

iShares NASDAQ 100 Index ETF (CAD-Hedged)(XQQ-T)

16/04/2021
iShares NASDAQ 100 Index ETF (CAD-Hedged)
Was a top pick a year ago. Would be the index to buy if you were to hold for the next 100 years. FAANG stocks are 32% of the index. A good index though it might under perform value stocks.
E.T.F.'s
Greg Newman
$109.700
Unknown
UnlockRating
COMMENT

Oil stocks and renewables.(A Commentary)

16/04/2021
A Comment -- General Comments From an Expert
Oil stocks and renewables. Likes renewables a lot. Have likes Algonquin but it is now expensive. Oil stocks are unbelievably cheap. A year ago, their balance sheets were a mess. However, the balance sheets are now looking good and valuations are good. Suncor is the best among the large players. Arc and Whitecap are looking good. The caveat is that you need a higher commodity price and the supply side usually responds.
Unknown
Greg Newman
N/A
Unknown
UnlockRating
BUY ON WEAKNESS

Uber(UBER-N)

16/04/2021
Uber
The company is saying they will be profitable this year. It is a profitable brand in his opinion, with many ways to monetize. A good recovery stock that you want to own. Depending on your risk tolerance, you can accumulate at these levels on dips.
Technology
Greg Newman
$59.940
Owned
UnlockRating
DON'T BUY

Vermillion Inc(VRML-Q)

16/04/2021
Vermillion Inc
It has really improved like other oil stocks. They cut their dividends. Balance sheet has really improved. Vermillion is not perfect, with more debt, less cashflow growth, and it is only growing from higher commodity price. It will only work if oil prices continue to go up. Not his favourite.
Healthcare
Greg Newman
$4.000
No
UnlockRating
BUY ON WEAKNESS

Magna Int'l. (A)(MG-T)

16/04/2021
Magna Int'l. (A)

Auto stocks are a great place to be right now. Tesla, GM, Ford, etc. MG had their investor day and they are well positioned to profit from EV and other auto innovations. The stock is still trading reasonably. 10.4x 2022, with 43% modelled EPS growth. The best is probably still to come.

Automotive
Greg Newman
$119.730
Owned
UnlockRating
COMMENT

Canadian dollar.(A Commentary)

16/04/2021
A Comment -- General Comments From an Expert
Canadian dollar. There is a definite boon in the commodity prices, and yield is higher than US bonds. The Canadian dollar can go up more. He would buy the US listed Canadian companies that are inter-listed, rather than converting US dollars to Canadian. The CAD will probably continue to go up steadily.
Unknown
Greg Newman
N/A
Unknown
UnlockRating
DON'T BUY

Baytex Energy Corp(BTE-T)

16/04/2021
Baytex Energy Corp
If oil stays up, Baytex can go with it. Their balance sheet is quite bloated compared to peers. They do not have production growth. The commodity side is growing cash flow but there are better plays.
oil / gas
Greg Newman
$1.300
No
UnlockRating
BUY ON WEAKNESS

Visa Inc.(V-N)

16/04/2021
Visa Inc.
One of the best growth companies you can get out there. Trading at around 32x 2022, 27x 2023 with a model growth of 27%. This works on his price to growth value. Has had a fantastic run. You want to buy at the 200 day moving average, which is $218.
other services
Greg Newman
$226.340
Owned
UnlockRating
BUY ON WEAKNESS

Capital Power(CPX-T)

16/04/2021
Capital Power
They are building out their renewable segment. They will be 1/3 renewable. AlbertaPower name is doing better now. It is a steady eddie. Will be a good addition for yield and stability. Buy on weakness. Upgraded this recently.
electrical utilities
Greg Newman
$38.210
Unknown
UnlockRating
BUY

NVIDIA Corporation(NVDA-Q)

16/04/2021
NVIDIA Corporation
Likes the semi-conductor name. Very much cyclical and we are seeing a supercycle. He would want to be in a name with AI aspects so NVDA would be his choice to put fresh capital into.
computer software / processing
Greg Newman
$637.710
Owned
UnlockRating
COMMENT

Brookfield Property Partners(BPY.UN-T)

16/04/2021
Brookfield Property Partners

There are three options: get the preferred stock, cash, or to get BAM.A stocks. He would chose the option to get BAM.A stocks. It really works. It will take them a long time to turn around retail and commercial property portfolio. However, these guys buy things at good times. 80% of their business is working really well. A great engine for growth.

REAL ESTATE
Greg Newman
$22.380
Unknown
UnlockRating
BUY ON WEAKNESS

Copper Mountain Mining(CMMC-T)

16/04/2021
Copper Mountain Mining
Owns it but is not buying this name. The valuations are great, and are cheap. You want to buy cyclicals when they are expensive, not when they are cheap. What happens when the commodity prices fall? It may be a supercycle. There are better companies out there, but you can probably accumulate in pullbacks.
Mining
Greg Newman
$3.480
No
UnlockRating
TOP PICK

BCE Inc.(BCE-T)

16/04/2021
BCE Inc.

This is a low hanging fruit that has low risk but has good upside potential with dividend. They will benefit from their network updates and 5G. There will be consolidation with Rogers and Shaw which will help their business. You will get a nice dividend. A great all weather stock. (Analysts’ price target is $60.09)

telephone utilities
Greg Newman
$58.100
Owned
UnlockRating
TOP PICK

Bank of Montreal(BMO-T)

16/04/2021
Bank of Montreal
The banks are all benefitting from market sensitive fees like investment banking and yield curve. They are trading at 10.3x 2022. A good risk-reward play. Balance sheet looks good. They will buy back their shares or increase their dividends in the coming months. (Analysts’ price target is $118.89)
banks
Greg Newman
$114.690
Owned
UnlockRating

Your Watchlist

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

Get Access To Watchlist

Latest Buy Signals

CCI-NCrown Castle International
Crown Castle International
$95.44
-0.03 (-0.03%)
RTX-NRaytheon
Raytheon
$101.02
-0.36 (-0.36%)
FCX-NFreeport McMoran Copper & Gold
Freeport McMoran Copper & Gold
$48.24
0.25 (0.52%)
GEHC-QGE HealthCare Technologies Inc
GE HealthCare Technologies Inc
$86.67
0.42 (0.49%)
OTIS-NOtis Worldwide Corp.
Otis Worldwide Corp.
$93.37
-4.10 (-4.59%)
Advertising

Today's Top Picks

L-NLoews Corp
Loews Corp
$76.81
0.09 (0.12%)
KO-NCoca-Cola Company
Coca-Cola Company
$62.47
0.91 (1.44%)
QQQ-QInvesco QQQ Trust Series 1
Invesco QQQ Trust Series 1
$426.44
1.37 (0.32%)
AVGO-QBroadcom
Broadcom
$1,257.64
8.45 (0.67%)
MRVL-QMarvell Technology Group
Marvell Technology Group
$64.84
0.98 (1.49%)

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
$236.22
-8.81 (-3.87%)
ALAB-QAstera Labs
Astera Labs
$70.92
-0.80 (-1.14%)
UNH-NUnitedHealth Group Inc
UnitedHealth Group Inc
$489.29
1.99 (0.41%)
AMD-QAdvanced Micro Devices
Advanced Micro Devices
$149.71
-2.03 (-1.37%)
NVDA-QNVIDIA Corporation
NVIDIA Corporation
$793.56
-3.21 (-0.41%)

Most Recent Experts

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

Panic-Proof (Research)

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Advertising
Advertising
logoTop pickslogoStockslogoRecentlogoWatchlist
© Stockchase Inc.