Selling one royalty to Triple Flag Royalties for stock. Likes it right now because company's valued at less than total value of OGN and Triple Flag combined, there's a merger arbitrage in play. The transaction is accretive to both parties. Shareholders should take the share option, rather than the cash option, and be very happy in a 2-3 year timeframe. No dividend.
(Analysts’ price target is $2.00)A play on natural resources. Believes we're in a precious metals bull market. This name is a financial services brand name for gold and silver (as well as for uranium). Also active in many other materials, including the Sprott Physical Uranium Trust. Expanding from precious metals to the whole natural resources complex.
Assets under management now ~$40B USD and growing fairly rapidly. As assets grow, FCF from management fees will be enormous. Yield is 1.79%.
(Disclaimer: He's a former employee and a former director of Sprott. Also the current largest shareholder at almost 10% of the company.)
Premium contentDespite concerns from the US Administration's new budget limiting healthcare funding, we reiterate ARDT as a TOP PICK. Although the bill puts limitations on new funding options for hospital operators like ARDT, analysts cite existing agreements are grandfathered and they expect critics to continue to chip away at the restrictions. It trades at 9x earnings, under 2x book, and supports a ROE of 24%. Cash reserves are growing, while debt is repaid. We continue to recommend a tight stop at $12.50, looking to achieve $18.00 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $20.32)Premium contentWe again reiterate TLK, Indonesia's largest telecom with over 160 million customers, as a TOP PICK. We like that cash reserves continue to grow as debt is retired and shares are bought back. It trades at 12x earnings, 1.9x book and supports a ROE of 16%. The robust dividend is backed by a manageable payout ratio of 2/3 of cash flow. We recommend maintaining a stop at $15, looking to achieve $20 -- upside potential of 15%. Yield 6.8%
(Analysts’ price target is $19.75)Premium contentWe reiterate UAL as a TOP PICK. Earnings will be released around mid-month and the market has already factored in a 7% decline in EPS. As customer air miles travelled is set to hit an all time high, we think this is a good time to add to our previous guidance. It trades at 7x earnings, 2x book and supports a robust 33% ROE. We recommend trailing up the stop (from $54) to $63, looking to achieve $99 -- upside potential of 23%. Yield 0%
(Analysts’ price target is $98.95)Pricing power. Good track record on safety. Last year, economy was weaker, and this hit the rails. Labour disruptions. Volumes were affected. Affirmed guidance after Q1 reporting, expects 10-15% EPS growth (assuming there's still volume growth and no recession). Valuation is now at a very attractive multiple compared to historical levels and to the group.
Went public in 1995, and has increased dividend every year since. Yield is 2.49%.
Good long-term hold for income. Regulated natural gas and electric utility. Over 1/2 of revenues come from the US. Diversified. Very defensible and visible cashflow stream because it's regulated. Increased dividend for 51 consecutive years. In regions where data centres are being built. Yield is 3.81%.
(Analysts’ price target is $67.50)Treats, transports, and tests water (drinking and wastewater). Water is a scarce resource; 70% of the earth is water, but only about 2% is drinkable. Aging infrastructure in developed countries needs to be refurbished. Lots of industries require water. One of the few pure-play, publicly traded water companies, and so it trades at a premium.
International, with 50% of earnings coming from the US. Going through an operating margin improvement program, to refine focus on customers and products that are most lucrative. Yield is 1.24%.
Premium contentQuantumScape (QS) is a company at the forefront of the energy storage industry. Specializing in the development of solid-state lithium-metal batteries, the company aims to revolutionize electric vehicle (EV) energy storage. By providing batteries that offer higher energy density, quicker charging times, and longer lifecycle than traditional lithium-ion batteries, QuantumScape aspires to become a game-changer in the EV market. However, as an emerging company in a highly competitive and fast-evolving sector, QuantumScape’s stock performance remains closely watched by investors. Social media mentions are up 2470% in the past 24h.
Premium contentMicroCloud Hologram specializes in high-definition holographic imaging and display technology. The company has positioned itself at the forefront of the industry, leveraging advanced technological innovations to offer products and solutions that cater to various sectors, including advertising, entertainment, healthcare, and more. By focusing on both hardware and software, MicroCloud Hologram aims to transform the way visual content is presented and consumed. Social media mentions are up 72.8% in the past 24h.
Premium contentRobinhood Markets, Inc., a financial services firm, has notably revolutionized the brokerage industry through its commission-free trading platform. Renowned for making investments more accessible to a broader audience, the company offers a mobile-centric solution, covering equities, ETFs, options, and cryptocurrencies. Robinhood's user-friendly interface and its zero-commission structure have attracted a substantial user base, particularly among younger investors. Despite its successes, the company has faced scrutiny over its business practices, particularly during the GameStop trading frenzy in early 2021, impacting its reputation among certain market participants. Social media mentions are up 89.6% in the past 24h.
What are the best stocks to buy today?
According to Rick Rule and The Panic-Proof Portfolio (Stockchase Research), the best stocks to buy today are ARDT-N, TLK-N, UAL-Q, EMX-X, OGN-X, SII-T.
Uses geographic knowledge and entrepreneurial acumen to stake large-scale exploration projects around the world, and then farms them out to other people and gets the carried interest (which eventually turns into a royalty). From time to time, it buys operating royalties. Selling at a discount.
(Analysts’ price target is $5.87)Absolutely no need to issue new shares because of FCF and passing off exploration expenditures to third parties. He's a very large shareholder. No dividend.
(Disclaimer: He was a founding shareholder over 20 years ago.)