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Today's stock picks by Rick Rule and The Weekly Buzzing Stocks by Billy Kawasaki are CLF-N, AXP-N, CME-Q, SII-T, MEI-ASX, AOI-T.
This one takes more courage. An absolute world-class, Tier 1 deposit. It's rare earths, and the market is bored of that and nervous about Brazil. If his thesis is right (and that'll take 3-4 years), stock's a legitimate potential 10-bagger. Takes a lot of patience and tolerance for volatility. (Price in AUD.) No dividend.
He likes deposits that are must-own in the future, and that are in the lowest cost-quartile worldwide and in the best quartile for ROIC.
Expectations around rare earths were too high, so now out of favour. Difficult to understand, and most investors want to feel instead of think. China produces them at lower cost than in the West, but the Chinese are less tolerant of environmental damage from extraction. So the Chinese costs are going to rise, which will make Western production (like MEI's) much cheaper.
Selling at a 50% discount to his assumed NAV. Primarily operates in Nigeria, second in Namibia. Likes Lundin family management (wonderful track record), and he's done business with them for almost 50 years. Aggressively returns cash to shareholders via dividends and share buybacks. Strengthening its balance sheet, reinvesting in the business. Yield is 3.53%.
(Analysts’ price target is $3.38)
Cleveland-Cliffs has proven its commitment to not just preserve, but to grow good middle-class, union manufacturing jobs. We continue to fight for our steel industry, our company, our shareholders, and our workers. As we grow, we retain our strong commitment to maintaining a safe work environment for our 30,000 employees. Social media mentions are up 45% in the past 24h.
American Express Company (Mexico), S.A. de C.V. is a diversified global integrated travel and financial services company with operations in more than 200 countries and a presence in Mexico since 1852. It is characterized by offering superior services that exceed customer expectations in financial products, such as personal service and credit cards, corporate cards, and leisure and business travel services. American Express provides its customers with access to products, ideas, and experiences that enrich lives and contribute to business success. Social media mentions are up 1400% in the past 24h.
CME Group is committed to delivering new ways to manage risk and improve efficiency. Whether that means developing product solutions to empower trading strategies, expanding access to unique data insights, seamlessly connecting siloed liquidity pools, or introducing more ways to optimize the time and capital required for world-class risk management, new opportunities are always awaiting you. Social media mentions are up 1400% in the past 24h.
Recent purchase. It's down 24% from recent highs, so it was an attractive entry point. Global travel demand remains resilient; higher than pre-pandemic, and holding steady. Consumer remains resilient. Lots of brands allows it to server diverse customer segments. Improved digital platform. Strong cashflow. Yield is 1.0%.
Interestingly, remote work trend allows people to work from...wherever. Earnings growth rate is ~19%, paying only 11x forward earnings, so a pretty good PEG ratio.
Capitalizing on shift to digital payments. Increasing cross-border travel helps names like this, as cross-border transactions are high margin. Fintech and AI are unlocking areas of revenue. Interesting partnerships and acquisitions. Cashflow remains high. Yield is 1.0%.
Exceeding expectations on quarterly results. Seeing ~13% annual earnings growth going forward. Shares are down 10-11%, attractive entry point.
Clearly winning the streaming wars, being pulled upward by increasing number of global subscribers. That's driving pricing power. New ad-supported tier, password-sharing crackdown. Investing in original content. Live sports are generating revenue. No dividend.
Increasing cashflow. Sees 23% earnings growth. Shares are down ~15%.
We reiterate this Greek shipping company as a TOP PICK. Global shipping will need to step in to assist global trade supply chain adjustments and this company is well suited to participate. We like that cash reserves are growing, while shares are bought back. It trades at 3x earnings, under book value and supports a 26% ROE. Management says that over three-quarters of their capacity is already booked for 2025. The yield is attractive and is supported by a payout ratio under 20% of cash flow. We recommend trailing up the stop (from $17) to $19, looking to achieve $28 — upside potential over 20%. Yield 7.3%
(Analysts’ price target is $27.75)We reiterate this Norwegian based North Sea energy producer as a TOP PICK. The importance of energy security in Europe has never been greater and EQNR is well positioned. It trades at 7x earnings, under 2x book and supports a 20% ROE. Management is prudently using cash reserves to aggressively buy back shares and retire debt. We recommend maintaining a tight stop at $22, looking to achieve $29 — upside potential over 20%. Yield 4.8%
(Analysts’ price target is $28.72)We reiterate this Panama based airline for Latin America as a TOP PICK. Recent data shows the airline utilization rates along with revenue per passenger mile continued to grow last mont. We like that cash reserves are growing, shares trade at 5x earnings, under 2x book and supports a ROE of 27%. The robust yield is backed by a payout ratio under 50% of cash flow. We continue to recommend a stop at $86, looking to achieve $118 — upside potential of 28%. Yield 7.0%
(Analysts’ price target is $149.60)He doesn't like the stock market, so he's looking for alternatives. This is one. Likes that there's the possibility of rates coming down in the US. His downside sell level is ~$86. First target is $95, second target is $100. Not correlated to stocks, so it will march to its own drumbeat (inflation, USD, and interest rate policy). Small dividend.
Bought this around $92 with proceeds from CNQ. Attracted to the chart. A swing chart, easy to trade. Hopes it'll go to at least $105 or so, which is when he'd probably sell. Yield is 3%.
(Analysts’ price target is $104.56)He's now at 20% cash. The S&P just broke below its 200-day MA. He doesn't have opinions about these things, just lots of rules. One rule is to give a breakdown between 3 days and 3 weeks grace.
Next week, if the S&P is still below its 200-day, he's going to raise another 5% cash for a total of 25%. He'll just have to keep an eye on what's happening. He gives it at least a 50% chance that we're falling into a bear market and, if we do, he'll move his bare cash into something that at least pays some interest. Lots of ways to park cash.
If he thinks it's just a pullback within a bigger uptrend, he wants his cash ready to deploy into opportunities. He wants it readily available, with nothing in his way. But if he becomes even more convinced of a bear market (POSSIBLY something like 2022 with a 25% drawdown), he wants cash in a vehicle such as a HISA, as he knows it'll be there for 3-4 months as the market continues to wash out.
What are the best stocks to buy today?
According to Rick Rule and The Weekly Buzzing Stocks by Billy Kawasaki, the best stocks to buy today are CLF-N, AXP-N, CME-Q, SII-T, MEI-ASX, AOI-T.
Most investors need some help investing in natural resources. Sprott is a brand name for natural resources, in physical trusts and in equities management. You get the same diversification as a mutual fund, except they pay you a dividend instead of you paying them a fee. That's pretty good math ;) Yield is 2.87%.
(Analysts’ price target is $73.13)Disclosure: he's a former employee and former director. He's a large shareholder, and may even be the largest one. But it's a stock he thinks every natural resource investor ought to own.