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Today's stock picks by The Panic-Proof Portfolio (Stockchase Research) and Keith Richards are FCX-N, CASH, AMR-N, SM-N, PBR-N.
We reiterate SM as a TOP PICK. Partnering with Crescent Point, they are developing the very profitable waxy crude in the Uinta Basin. Rising cash flows have allowed the company to take on incremental debt to continue developing the region. It trades at 6x earnings, 1.2x book and supports a 22% ROE. We continue to recommend a stop at $37, looking to achieve $54.50 -- upside potential of 23%. Yield 1.6%
(Analysts’ price target is $54.56)We reiterate PBR, Brazil's national energy producer as a TOP PICK. Quarterly cash flows reveal that the company is once again building reserves, while continuing to pay down debt. It trades at 5x earnings, 1.2x book and supports a 22% ROE. The dividend yield is supported by a payout ratio of 55% of cash flows. We continue to recommend a stop at $12, looking to achieve $17 -- upside potential of 23%. Yield 7.4%
(Analysts’ price target is $16.96)It's oversold and finding support near current levels; it seems to be bouncing. This is why he just bought a position. Old support from 2023 was $33. If shares don't hold currently, this could fall to $35. Is currently bouncing and heading to resistance at $45, or 15% higher. The risk/reward looks good. He bought one tranche and will buy more if shares move up.
(Analysts’ price target is $52.24)The markets in Toronto and especially New York have done very well the past two years. It's time to pause. Typically, markets will go sideways or fall. It's likely we'll see more volatility like in December. Higher interest rates will hurt growth stocks, particularly tech, and overall markets. He's cautious near term.
Super profitable. Each dollar earned, 80 cents drops to the operating line. They invest massively so they continue to improve their product. Trades at 20x future PE. Cheap given growth is 3x the average company. The big investments in the metaverse will eventually flow back. Gaming always seen technological advancement first (i.e. Nvidia's videogame cards)l; the Orion glasses have potential and are 3 years ahead of Apple and could be a game-changer.
(Analysts’ price target is $671.01)They boast a good moat and are in a duopoly. They help build computer chips, a huge industry. They are buying Ansys, a similar company with industrial applications.
(Analysts’ price target is $638.60)Trading at a market multiple, but growing faster than the market. After AI concerns. GOOG got its act together and are now ahead in AI. Hugely profitable and innovative. Are building recurring revenues. He loves using their Gemini AI. It will come down to consumer applications.
Each position is capped at 5% maximum. 220 stocks on the TSX, and so it's widely diversified. Recommending because of the upcoming change in Canadian government. Core position. MER is 0.06%.
Reliable for income up until last fall and the TD fiasco; worried about contagion among Canadian banks. Now looking at this again. Not buying just yet, still looking at it. MER is 0.7%.
More of a value tilt to the S&P 500 and diversification. Likes the value proposition of its dividend appreciation focus. MER is 0.3%.
IonQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and Jung Sang Kim in 2015 and is headquartered in College Park, MD. Social media mentions are up 310% in the past 24h.
$30.410
Unknown
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. Social media mentions are up 1300% in the past 24h.
$38.930
Unknown
Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ. Social media mentions are up 167% in the past 24h.
$196.850
Unknown
New purchase for him, using proceeds from trimming JPM. Key player in capital markets. Capital markets business in 2025 should do extremely well -- lots of pent-up demand from the tight regulatory environment, which will change under Trump. Steepening yield curve will benefit. Undemanding valuation of 1.4x book. Yield is 2%.
(Analysts’ price target is $618.04)
What are the best stocks to buy today?
According to The Panic-Proof Portfolio (Stockchase Research) and Keith Richards, the best stocks to buy today are FCX-N, CASH, AMR-N, SM-N, PBR-N.
We reiterate this US based producer of coal for steel production as a TOP PICK. With the new US Adminstration placing a high priority on "Made In America", this company is well positioned for both domestic and foreign steel demand growth. We like that cash reserves are growing, while debt is retired and shares bought back. It trades at 7x earnings, 1.5x book and supports a 22% ROE. We continue to recommend a stop at $140, looking to achieve $247 -- upside potential of 28%. Yield 0%